PUBLISHER: Orion Market Research | PRODUCT CODE: 1215733
PUBLISHER: Orion Market Research | PRODUCT CODE: 1215733
Title:Global Methicillin-Resistant Staphylococcus Aureus (MRSA) antibiotic Market Size, Share & Trends Analysis Report by Treatment Type (Vancomycin, Tetracycline, Linezolid, Daptomycin, and Lipopeptide), and by Distribution Channel (Online, Hospital Pharmacies and Retail Pharmacies) Forecast 2022-2028.
The global MRSA antibiotic market is anticipated to grow at a substantial CAGR of 5.5% during the forecast period, owing to increasing research and development activities and various studies for the treatment of infections associated with MRSA. For instance, in September 2019, a study led by Duke Health researchers showed that an inherited genetic tendency appears to increase the likelihood that a person can successfully fight off antibiotic-resistant staph infections. The finding adds important insights into the genetic factors that predispose some people to persistent methicillin-resistant Staphylococcus aureus (MRSA) infections and could lead to the development of better treatment options. The study also provides strong evidence of a genetic variant that appears to support people with MRSA to resolve their bloodstream infections. Moreover, the increasing focus of manufacturers on the development of advanced drugs such as Daptomycin, and Vancomycin, among others, are also supporting the market growth for the treatment of MRSA.
The global MRSA antibiotic market is segmented based on the treatment type, and distribution channel. Based on the treatment type, the market is segmented into vancomycin, tetracycline, linezolid, daptomycin, and lipopeptide. Based on distribution channel the market is sub segmented into online hospital pharmacies and retail pharmacies. Among the above segment, tetracyclines is another drug that also impacts the market owing it prevents bacterial protein synthesis by reversibly binding to the bacterial 30S ribosomes. They act against gram-positive and gram-negative bacteria.
Geographically market is segmented into: North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific is set to grow at the fastest rate during the forecast period, owing to the huge patient pool in China and India and the uncontrolled consumption of antibiotics in India is estimated to fuel the growth of the MRSA antibiotic market in Asia Pacific.
The major companies serving the global MRSA antibiotic market include Merck Group., Olon Active Pharmaceutical, Pfizer Inc., Viatris Inc., Eli Lilly and Company, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2021, Melinta Therapeutics announced the commercial launch of KIMYRSA, a lipoglycopeptide antibiotic that delivers a complete course of therapy for acute bacterial skin and skin structure infections. The US food and drug administration approved KIMYRSA on March 12, 2021, for the treatment of adult patients.
Research Methodology
The market study of the global MRSA antibiotic market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: