Hospital Infection Therapeutics Market Overview:
Hospital-acquired infections are highly dominant adverse events in the health care industry and one of the leading cause of death across the world. Lack of knowledge about the blood transfusion safety measures, understaffing, insufficient hospital equipment and poor infrastructure particularly seen in the emerging and underdeveloped nations are some of the factors responsible for increasing hospital infection, which in turn increases the hospital infection therapeutics market.
Hospital Infection Therapeutics Market Dynamic:
However, a surge in the incidence of treatment-emergent resistance, significant investment required due to high attrition rate in clinical trials, and changing reimbursement policies are resulting in limited pipeline drugs are hampering the market growth at the global level. Investment in R&D on non-antibiotic treatment options and partnerships for co-development and commercialization of anti-infective agents are likely to create lucrative opportunities in the hospital infection therapeutics market.
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Hospital Infection Therapeutics Market Segmentation:
Hospital Infection Therapeutics Market, by Drugs Type:
• Antibiotics Drugs
• Antifungal Drugs
• Antiviral Drugs
Hospital Infection Therapeutics Market, by Application:
• Bloodstream Infections
• Pneumonia
• Surgical Site Infections
• Urinary Tract Infections
• Gastrointestinal Disorders
• Other Hospital Infections
Hospital Infection Therapeutics Market, by Region:
• Asia Pacific
• North America
• Europe
• Latin America
• Middle East Africa
Key Players:
• Merck & Co., Inc.
• Pfizer, Inc.
• GlaxoSmithKline plc
• AstraZeneca
• Johnson & Johnson Services, Inc.
• F. Hoffmann-La Roche Ltd.
• Bayer AG
• Allergan plc
• Sanofi S.A.
• Gilead Sciences, Inc.
• Basilea Pharmaceutica Ltd.
• Bristol-Myers Squibb Company
• Actavis plc
• Cubist Pharmaceuticals, Inc.
• Spero Therapeutics
• BioSpace, Inc.
• POLYPID
• Novartis AG
• AbbVie Inc.
• Bellerophon Therapeutics.
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Hospital Infection Therapeutics Market Regional Analysis:
Geographically, the hospital infection therapeutics market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the largest share of the hospital infection therapeutics market in 2018, due to improved healthcare awareness, high ratio of hospitals as compared to population of the region, increasing count of multidrug-resistant microbial pathogens and increase in aging population of the region.
The Hospital Infection Therapeutics Market market report is geographically divided into various key regions as mentioned below:
- Asia-Pacific (Vietnam, Japan, Malaysia, China, Philippines, Korea, Thailand, Australia, Indonesia, and India)
- Africa and the Middle East (Egypt and GCC Countries.)
- Europe (France, Germany, Russia UK, Italy, Turkey, etc.)
- North America (Canda, the United States, and Mexico.)
- South America (Brazil etc.)
Objectives of the Report:
An increase in adoption of advancements in technology and the incidence of respiratory diseases are expected to boost the regional growth. In U.S, coronavirus diagnoses have skyrocketed. The New York City alone has reported more than 3,670 cases. Also, U.S. has reported more than 13,000 patients, which are expected to increase the demand for the Hospital Infection Therapeutics Market across the globe.
COVID-19 Impact on Hospital Infection Therapeutics Market:
COVID-19 is an unparallel global pandemic that has affected almost every industry, the report provided by Maximize Market Research during this crisis provides alternatives in these challenging and difficult times. This analysis briefly gives benefits in terms of market expansion and funding. This updated research also provides analysis, insights, and estimates which take account into the COVID-19 impact on the market.
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