Extensive R&D practices ongoing globally are estimated to drive the market growt

Posted by rohan on July 5th, 2019

Market Overview:

Bacteria represent the major class of micro-organisms that play a vital role in the development of infection of any disease to human being and animal. Bacteria are bifurcated into two types on the basis of gram staining test, namely; gram-positive bacteria and gram-negative bacteria. Neisseria is one of the most important genera of bacteria which form colonies on mucosal surfaces of different animals. Neisseria consists of 11 species, out of which, two are pathogenic and others are harmless. These belong to gram negative class of bacteria, since these species show negative response to gram test. The neisseriaceae infections market size was around USD xx billion in 2018. It is estimated to grow at a CAGR of xx%, to reach USD xx billion by 2023.

Market drivers and restraints:

The growth of the market is estimated to be driven by many factors, such as, rising prevalence of Neisseriaceae infections and extensive R&D practices ongoing globally. In addition to that, increasing prevalence of infection diseases is the most important factor that drives the growth of the market to a higher end. Due to the growing incidences of homosexuality and bisexuality, the threat of gonorrhea has also increased. These factors are aided by growing medical expenditure.  

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Report segmented as:

By class:

  • Acinetobacter
  • Kingella
  • Neisseria
  • Moraxella
  • Oligella

Geographical analysis:

The market is segregated on the basis of geography, such as, North America, Europe, Asia-Pacific and Rest of the World (RoW). At present, North America and Europe are the leading markets, due to rising prevalence of differentNeisseriaceae infections and associated disease. Nevertheless, Asia-Pacific and some countries in RoW region are estimated to show lucrative growth in the upcoming period, due to rapidly growing prevalence and awareness about the diseases caused owing to Neisseriaceae and their chronic effects. 

Important market players:

Some of the key players engaged in R&D and commercialization of the products in the market include Basilea Pharmaceuticals Ltd., AstraZeneca plc, Adenium Biotech ApS, Dainippon Sumitomo Pharma Co., Ltd., Aphios Corporation, Pfizer, Inc., GSK plc, Theravance, Inc., and Pfizer, Inc. amongst many others. 

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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Joined: September 20th, 2017
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