Industry Background:
Antibiotics are medicines that are used to avoid and treat bacterial infections. Antibacterial drug resistance is the process that bacteria use to tolerate and overcome the effects of antibiotic drugs. These bacteria may infect humans and animals, and the infections they cause are harder to treat than those caused by non-resistant bacteria. Antibiotic resistance leads to higher medical costs, long hospital stays, and increased mortality. The microbes of antimicrobial resistant are found in people, animals, food and the environment, which can spread between people and animals, from person to person and from food of animal origin. The causes for spread of antimicrobial resistance are poor infection control, inadequate sanitary conditions and inappropriate food-handling.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | ANTABIO (France), Pfizer (United States), Merck (United States), Allergan (Ireland), The Medicines Company (United States), Melinta Therapeutics (United States), Phage Technologies S.A (Chile), Tetraphase Pharmaceuticals (United States), Nabriva Therapeutics (Ireland), Macrolide Pharmaceuticals (United States) and BioVersys AG (Switzerland) |
This growth is primarily driven by Rising Number of Antibiotic-Resistant Infections.
Globally, a noticeable market trend is evident Growing Need to Reduce the Effectiveness of Antibiotics Major Players, such as ANTABIO (France), Pfizer (United States), Merck (United States), Allergan (Ireland), The Medicines Company (United States), Melinta Therapeutics (United States), Phage Technologies S.A (Chile), Tetraphase Pharmaceuticals (United States), Nabriva Therapeutics (Ireland), Macrolide Pharmaceuticals (United States) and BioVersys AG (Switzerland), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Antibacterial drug resistance market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance, along with try to incorporate latest technology. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Developments in the Market:
On May 8, 2019 Pfizer has announced that it has entered into a definitive agreement to acquire all the shares of Therachon Holding AG, a privately-held clinical-stage biotechnology company focused on rare diseases, with assets in development for the treatment of achondroplasia and short bowel syndrome (SBS).
In June 2022, Antabio partnered with bioMérieux, Hospices Civils de Lyon (HCL) paired with the International Centre for Infectious Disease Research and Toulouse School of Economics to work on four year project of antibiotic resistance named ARPEGE. This helped partnership helped company to expand its presence in antibacterial drug resistance market
Influencing Trend:
Growing Need to Reduce the Effectiveness of Antibiotics
Market Growth Drivers:
Rising Number of Antibiotic-Resistant Infections
Challenges:
Greater Chance of Fatality Due To Infection
Restraints:
Higher Risk of Disease Spreading
Opportunities:
Growing Pipeline of New Generation Antibiotics Targeting Drug-Resistant Bacteria and Development of Antibiotic Drugs in Developing Countries
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Antibacterial Drug Resistance Market
- Analysis about New Entrants in Antibacterial Drug Resistance Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Antibacterial Drug Resistance Study Sheds Light on
The Antibacterial Drug Resistance Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Antibacterial Drug Resistance industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Antibacterial Drug Resistance industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.