The 7 major invasive pneumococcal disease markets reached a value of US$ 6.3 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 11.0 Billion by 2034, exhibiting a growth rate (CAGR) of 5.13% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 6.3 Billion |
Market Forecast in 2034
|
US$ 11.0 Billion |
Market Growth Rate (2024-2034)
|
5.13% |
The invasive pneumococcal disease market has been comprehensively analyzed in IMARC's new report titled "Invasive Pneumococcal Disease Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Invasive pneumococcal disease refers to a severe infection caused by the bacterium Streptococcus pneumoniae, commonly known as pneumococcus. This ailment primarily affects the respiratory system but can also lead to bloodstream infections (septicemia) and various other life-threatening complications. The symptoms of the illness can vary widely, ranging from high fever, chills, cough, and difficulty breathing to chest pain, stiff neck, rapid heart rate, sensitivity to light, and confusion. The diagnosis of invasive pneumococcal disease typically involves a comprehensive combination of clinical findings, imaging studies, and laboratory tests. The healthcare provider often recommends blood cultures to identify the presence of pneumococcus in the bloodstream. Furthermore, chest X-rays might be performed to visualize any potential lung involvement in individuals suffering from the ailment. Additionally, samples from numerous other affected sites, such as cerebrospinal fluid in cases of meningitis, could be analyzed to confirm the presence of the bacterium and guide appropriate treatment.
The increasing cases of bacterial infections, in which the microorganism invades the bloodstream or tissues and fluids surrounding the spinal cord and brain, are primarily driving the invasive pneumococcal disease market. In addition to this, the inflating utilization of effective medication, including broad-spectrum antibiotics, such as penicillin, cephalosporins, macrolides, etc., to combat the ailment and prevent its spread, is also creating a positive outlook for the market. Moreover, the widespread adoption of pneumococcal vaccines, encompassing conjugate and polysaccharide vaccines, is further bolstering the market growth. These therapeutic vaccines aid in safeguarding individuals of various age groups against numerous strains of the bacterium, thereby reducing the incidence of severe pneumococcal infections. Apart from this, the rising application of supportive therapies, such as oxygen supplementation, fluid management, respiratory support, etc., for enhancing treatment outcomes in patients is acting as another significant growth-inducing factor. Additionally, the emerging popularity of advanced diagnostic tools like polymerase chain reaction (PCR), which can help in early detection and accurate characterization of the ailment, is also augmenting the market growth. Furthermore, numerous ongoing advancements in the field of innovative therapeutic techniques, with a focus on antibody-mediated therapies and antitoxin interventions, are expected to drive the invasive pneumococcal disease market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the invasive pneumococcal disease 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 invasive pneumococcal disease 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 invasive pneumococcal disease 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 invasive pneumococcal disease marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Vaxneuvance (Pneumococcal 15-valent Conjugate Vaccine) | Merck & Co |
Prevnar 20 (Pneumococcal 20-valent Conjugate Vaccine) | Pfizer |
*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
Invasive Pneumococcal Disease: Current Treatment Scenario, Marketed Drugs and Emerging Therapies