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The Global Hospital Infection Therapeutics Market size is estimated to grow by USD 3.11 billion at a CAGR of 4.98% between 2022 and 2027. The growth of the market depends on several factors, including an increase in the incidence and prevalence of respiratory disorders, the growing geriatric population, and special drug designations. Market growth is significantly propelled by the rising incidence and prevalence of respiratory disorders, which remain a leading cause of mortality and disease burden globally, alongside other hospital infectious diseases. Conditions like chronic obstructive pulmonary disease (COPD), asthma, and acute respiratory infections are witnessing an uptick in prevalence.
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This report extensively covers market segmentation by drug class (antibiotics drugs, antifungal drugs, and antiviral drugs), type (respiratory tract infections, surgical site infections, bloodstream infections, gastrointestinal infections, and urinary tract infections), and geography (North America, Europe, Asia, and Rest of World (ROW)). It also includes an in-depth analysis of drivers, trends, and challenges.
The market share growth by the antibiotics drugs segment will be significant during the forecast period. Antibiotics are therapeutic agents that are used for preventing and treating infections that are caused by bacteria and other susceptible microorganisms. The increasing prevalence of infectious diseases globally is driving the growth of the segment during the forecast period.
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The antibiotics drugs segment was valued at USD 5.46 billion in 2017 and continued to grow by 2021. There are two types of antibiotics, namely broad-spectrum and narrow-spectrum antibiotics. Broad-spectrum antibiotics are effective against a wide range of microorganisms. They can be used in cases where bacteria do not respond to narrow-spectrum drugs. Some of the broad-spectrum antibiotics include amoxicillin, levofloxacin, gatifloxacin, streptomycin, tetracycline, and chloramphenicol. Narrow-spectrum antibiotics are active against a few certain groups of bacteria. Some of the narrow-spectrum antibiotics that are commonly used include azithromycin, clarithromycin, clindamycin, erythromycin, and vancomycin. Such factors will drive the growth of the antibiotic drug segment of the global market during the forecast period.
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North America is estimated to account for 36% of the growth of the global hospital acquired infections therapeutic market during the forecast period.
The growth of the market in the region is attributed to factors such as the increasing incidence of chronic diseases, growth in healthcare expenditure, and the rising preference for therapeutics over surgical procedures. Other factors such as the growing focus of pharmaceutical and biotechnology companies on R&D, the increasing geriatric population, and the presence of global and regional vendors are also driving the regional market.
The market is pivotal in combating Healthcare-associated infections (HAIs) such as Central line-associated bloodstream infections, Catheter-associated urinary tract infections, and Ventilator-associated pneumonia. Methicillin-resistant Staphylococcus aureus (MRSA) bacteremia and urinary tract infections (UTIs) pose significant challenges, driving demand for innovative solutions. The Centers for Disease Control and Prevention (CDC) highlights antimicrobial resistance as a critical concern, necessitating effective therapeutics. However, constraints like high initial investment and reliability issues impede widespread adoption. Nonetheless, incentives for sustainable solutions, driven by environmental consciousness and cost reduction imperatives, offer opportunities. Industries like construction, automotive, and electronics prioritize product quality and sustainability, promoting eco-friendly, renewable solutions to curb carbon emissions. Leveraging economies of scale, the Hospital Infection Therapeutics Market aims for sustainable, effective solutions amidst urbanization and environmental challenges. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The increase in the incidence and prevalence of respiratory disorders is notably driving the market growth. Respiratory diseases are one of the main causes of mortality and disease burden worldwide, among other hospital infectious diseases. The prevalence of diseases such as chronic obstructive pulmonary disease (COPD), asthma, and acute respiratory infections is rising.
Respiratory diseases lead to more than four million deaths in developing countries. Pneumonia accounts for 18% of deaths among children under the age of five years. In the US, more than 534,242 deaths of men and women were due to chronic respiratory diseases. Hence, the rise in the incidence and prevalence of respiratory disorders will drive the growth of the global hospital acquired infections therapeutic market during the forecast period.
The increasing hospital visits is a key trend influencing the market growth. The prevalence of chronic diseases is increasing worldwide, which is increasing the number of visits to hospitals. For instance, according to the CDC, in 2018, around 37,968 people received an HIV diagnosis in the US. In the same year, 7.9% of the patient population in the US stayed overnight in hospitals. Hospitals are a major source of infections, which results in a rise in morbidity and mortality in hospitalized patients.
The increasing incidence of hospital infectious diseases has created a significant social and economic burden on the healthcare system in countries such as the US and Australia. Moreover, the aging population is increasing globally, especially in countries such as Japan, the UK, the US, and Germany. This will increase the demand for blood culture tests performed on patients, which will support the growth of the hospital-acquired infections therapeutic market during the forecast period.
Stringent regulations may impede market growth. Vendors should adhere to stringent regulations enforced by regulatory authorities such as the US FDA and the EMA to obtain marketing approval for drugs. This can increase the R&D expenditure for drugs. The complicated regulatory process can adversely affect the development of drugs to treat hospital infectious diseases.
Only about one in every 5,000 new drugs reach the open market. The US FDA has also increased the regulatory surveillance of cancer drugs to avoid associated risks. Hence, a failure in drug performance can lead to a delay in receiving marketing approval. Thus, stringent regulations discourage new entrants as well as existing vendors from entering the market with novel therapeutic candidates. These factors will challenge global hospital acquired infections therapeutic market growth during the forecast period.
The report includes the adoption lifecycle of the hospital acquired infections therapeutic market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the hospital acquired infections therapeutic market.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
The market is witnessing significant growth, driven by the increasing prevalence of healthcare-associated infections (HAIs) such as central line-associated bloodstream infections, catheter-associated urinary tract infections (CAUTI), and ventilator-associated pneumonia. Challenges posed by antimicrobial resistance, particularly from pathogens like Methicillin-resistant Staphylococcus aureus (MRSA) and Acinetobacter baumannii, further underscore the urgent need for effective therapeutics. Start-ups, universities, and research institutes like the Indian Institute of Science Education and Research (IISER) and the Central Drug Research Institute (CSIR-CDRI) are actively involved in developing innovative solutions. Regulatory bodies such as the US Food and Drug Administration (FDA) play a crucial role in ensuring the safety and efficacy of these therapeutics. Sustainability and environmental consciousness are driving forces, with a focus on eco-friendly and renewable solutions amidst global sustainability challenges. However, constraints like high initial investment and supply chain disruptions pose challenges to market growth. Technological advancements, coupled with incentives and increased demand, are expected to shape the future trajectory of the Market.
Moreover, the market is witnessing a surge in demand due to the escalating threat of nosocomially acquired infections, such as Catheter-Associated Urinary Tract Infection (CAUTI) and Methicillin-resistant Staphylococcus aureus (MRSA) bacteremia. Key players like Innoviva Specialty Therapeutics are innovating solutions to combat acute uncomplicated cystitis and other healthcare-associated infections. Growth drivers include a growing awareness of environmental impacts and the need for cost reduction in healthcare settings. However, challenges such as infrastructure limitations and policy uncertainty pose restraints to market expansion. Influencers like digital technologies and materials play a crucial role in enhancing the efficiency and effectiveness of hospital infection therapeutics. Additionally, industries like construction, automotive, and electronics contribute to the demand for high-quality products, driving production growth rates and volumes in this sector. Measures to address intermittency, reliability, and grid upgrades are imperative, alongside efforts to reduce carbon emissions and reliance on fossil fuels and nuclear energy. Shortages of critical materials further underscore the importance of sustainable solutions in this market segment.
Hospital Infection Therapeutics Market Scope |
|
Report Coverage |
Details |
Page number |
178 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.98% |
Market growth 2023-2027 |
USD 3.11 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
4.75 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 36% |
Key countries |
US, Germany, France, UK, and China |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Abbott Laboratories, AbbVie Inc., Achilles Therapeutics plc, AstraZeneca Plc, Basilea Pharmaceutica Ltd., Bayer AG, Bristol Myers Squibb Co., Cipla Ltd., F. Hoffmann La Roche Ltd., Gilead Sciences Inc., GlaxoSmithKline Plc, Johnson and Johnson, Merck and Co. Inc., Novartis AG, Pfizer Inc., Sanofi SA, Spero Therapeutics Inc., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., and Viatris Inc. |
Market dynamics |
Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Drug Class
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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