The 7 major bacterial pneumonia markets reached a value of US$ 2.0 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 3.6 Billion by 2034, exhibiting a growth rate (CAGR) of 5.44% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 2.0 Billion |
Market Forecast in 2034
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US$ 3.6 Billion |
Market Growth Rate (2024-2034)
|
5.44% |
The bacterial pneumonia market has been comprehensively analyzed in IMARC's new report titled "Bacterial Pneumonia Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Bacterial pneumonia refers to a type of lung infection caused by bacteria. It occurs when bacteria enter the respiratory system and multiply, leading to inflammation and infection in the air sacs (alveoli) of the lungs. This condition results in an accumulation of fluid and pus, impairing oxygen exchange and causing several indications. The common symptoms associated with the illness include cough, chills, fever, difficulty breathing or shortness of breath, fatigue, weakness, the production of thick, discolored phlegm, an increased heart rate, etc. Individuals suffering from this ailment may also experience chest pain that progresses with coughing or deep breathing. The diagnosis of bacterial pneumonia usually involves a physical examination, clinical features evaluation, and medical history review. During a physical exam, the healthcare provider will utilize a stethoscope to check for irregular breath sounds, such as crackles or wheezing. Furthermore, a chest X-ray is recommended to detect abnormalities in the lungs, which are indicative of infection. Numerous other investigations, including pulse oximetry, arterial blood gas analysis, computed tomography scans, etc., are also performed to confirm a diagnosis among patients.
The increasing cases of respiratory tract infections, including the flu or common cold, that cause inflammation and damage to the inner lining, making it easier for bacteria to invade the lungs, are primarily driving the bacterial pneumonia market. In addition to this, the growing geriatric population, who have weaker immune systems along with certain underlying health conditions, is also creating a positive outlook for the market. Moreover, the widespread adoption of effective medications, such as antibiotics, bronchodilators, antipyretics, etc., to reduce the symptoms of the ailment is further bolstering the market growth. Apart from this, the escalating utilization of chest physiotherapy techniques, which help to loosen and mobilize secretions in the lungs, thereby facilitating their removal and improving pulmonary functions in patients, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of respiratory therapies, like nebulization and inhalation, owing to their several advantages, including targeted drug delivery and enhanced absorption of medications into the bloodstream, is expected to drive the bacterial pneumonia market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the bacterial pneumonia market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for bacterial pneumonia and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the bacterial pneumonia market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current bacterial pneumonia marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Xacduro (Durlobactam/sulbactam) | Entasis Therapeutics |
Avycaz (Avibactam/ceftazidime) | Allergan/Pfizer |
Fetroja (Cefiderocol) | Shionogi |
Nuzyra (Omadacycline) | Paratek Pharmaceuticals |
Teflaro (Ceftaroline fosamil) | AbbVie/Sumitomo Pharma/Takeda |
CMTX101 | Clarametyx Biosciences |
CAL 02 | Eagle Pharmaceuticals |
AR 105 | Aridis Pharmaceuticals |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Bacterial Pneumonia: Current Treatment Scenario, Marketed Drugs and Emerging Therapies