What is Bacterial Meningitis Market?
Meningitis and encephalitis are important causes of admissions and mortality for children in Zambia. Bacterial meningitis is the most serious type of meningitis that can lead to death or permanent disability. It affects the meninges, the membranes that surround the brain and spinal cord and protects the central nervous system (CNS), together with the cerebrospinal fluid. In bacterial meningitis, approximately 80 percent of all cases are acute bacterial meningitis. It can be life-threatening because it affects the tissues around the brain to swell. This can result in paralysis or stroke.
Highlights from Bacterial Meningitis Market Study
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | B. Braun (Germany), Sanofi S.A. (France), Pfizer Inc. (United States), Siemens Healthineers AG (Germany), GlaxoSmithKline Plc (United Kingdom), Merck Group (Germany), Baxter International Inc. (United States), Abbott Laboratories (United States), Bio-Rad Laboratories, Inc. (United States) and Thermo Fisher Scientific Inc. (United States) |
The bacterial meningitis market is highly competitive, with a few dominant players and several smaller players. The market is expected to expand further as bacterial meningitis incidence rates rise and novel treatments are developed to address the disease. In order to maintain competitive edge, the companies are investing heavily in research and development activities. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Bacterial Meningitis market throughout the forecasted period.
B. Braun (Germany), Sanofi S.A. (France), Pfizer Inc. (United States), Siemens Healthineers AG (Germany), GlaxoSmithKline Plc (United Kingdom), Merck Group (Germany), Baxter International Inc. (United States), Abbott Laboratories (United States), Bio-Rad Laboratories, Inc. (United States) and Thermo Fisher Scientific Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Luminex Corporation (United States), Roche Holding AG (Switzerland) and Cepheid (United States). Bacterial Meningitis Market Segmentation:
Scope | Sub-Segments |
---|
Type | Pneumococcal meningitis, Meningococcal meningitis, Listeria monocytogenes meningitis, Neonatal meningitis and Hemophilus (Hib) meningitis |
Treatment | Antibiotics,Dexamethasone,Fluid replacement,Vaccine |
End-users | Hospitals,Clinics,Others |
Diagnosis | Blood cultures,Imaging (CT Scan, MRI and X-Rays),Spinal tap (lumbar puncture) |
Symptoms | Stiff neck,Headache,Fever |
On the basis of geography, the market of Bacterial Meningitis has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Huge Investments by the Major Players
Market Growth Drivers:
Increased Prevalence of Bacterial Meningitis in Regions such as Zambia, Increasing Number of Diagnostic Centres and Rise in the Healthcare Infrastructure in Developing Regions
Challenges:
Stringent Government Rules and Regulations
Restraints:
Side Effects of the Medicines and High Cost of Treatment Bacterial Meningitis
Opportunities:
Growth in the Healthcare Industry, Increasing Research and Development Activities and Increasing Demand for Effective Treatment
Key Target Audience
Bacterial Meningitis Treatment Providers, Emerging Companies, Research Professionals and End-users
Market Leaders & Development Strategies
In July 2018, B. Braun Medical Inc. (B. Braun), a market leader in renal therapies, infusion therapy, and pain management, has signed an agreement to acquire the bloodlines business operated under the Medisystems name by NxStage Medical, Inc., a medical technology company based in Lawrence, Massachusetts (NxStage).
In February 2018, GSK’s meningitis B vaccine Bexsero receives Breakthrough Therapy Designation from US FDA for the prevention of Invasive Meningococcal Disease in children 2-10 years of age.