Global Bacterial Pneumonia Treatment Market: Overview
- Bacterial pneumonia is an inflammation of the lungs due to bacterial infection. Pneumonia is a common lung infection where the lung’s air sacks become inflamed. Different types of bacteria can cause pneumonia, but Streptococcus pneumonia and Haemophilus influenza are primarily responsible for most of the bacterial pneumonia. Common indications of bacterial pneumonia include cough, chest pain, shortness of breath, fever, and chills.
- Bacterial pneumonia is caused by bacteria that works its way into the lungs and then multiplies. It can occur on its own or develop after another illness, like a cold or flu. It can enter the lungs through inhalation or through bloodstream. According to the Cleveland Clinics, people who have a weakened immune system as a result of cancer or organ transplant face an increased risk of bacterial pneumonia.
- The global bacterial pneumonia treatment market is projected to grow at a significant pace during the forecast period, owing to increase in the rate of incidence of bacterial pneumonia across the globe and continuous R&D activities for the development of vaccines and new drugs for bacterial pneumonia.
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Key Drivers of Global Bacterial Pneumonia Treatment Market
- Antibiotics are becoming ineffective against bacterial pneumonia due to increase in resistance of bacteria. Innovations are underway in the pharmaceutical industry in the area of new type of antibiotics candidates. This is expected to increase the rate of cure of bacterial pneumonia in the near future.
- Nabriva Therapeutics AG is a biotechnology company involved in the development of pleuromutilins, a new class of antibiotics to treat community-acquired bacterial pneumonia (CABP)
- The continuing need of reinventing the drug pipeline, led by bacterial mutation and resistance, presents an opportunity in the global bacterial pneumonia treatment market
Restraints of Global Bacterial Pneumonia Treatment Market
- Pathways to the approval for bacterial pneumonia drugs from regulatory bodies have become confusing, generally infeasible, and questionably irrelevant to patients and providers over a period of time. Additionally, scientific and regulatory challenges significantly increase the cost of and time required for drug development, which worsens economic disadvantages of bacterial pneumonia drugs.
- In view of the urgency of bacterial drug resistance and the capacity of targeted disease to change rapidly over time, regulatory bodies are not in favor of revision and streamlining of the anti-bacterial drug development and approval process
North America to Account for Major Share of Global Bacterial Pneumonia Treatment Market
- North America is likely to dominate the global bacterial pneumonia treatment market during the forecast period, due to high rate of incidence of bacterial pneumonia and high awareness about and adoption of new drugs and treatment methods in the region. According to the American Lung Association, Streptococcus pneumonia germ infects over 900,000 people in the U.S. every year.
- The bacterial pneumonia treatment market in Asia Pacific is expected to expand at a significant CAGR during the forecast period, owing to rise in the incident rate of pneumonia in countries such as India. According to the World Health Organization (WHO), one in three deaths in India is caused by pneumonia. Pneumonia in India is the leading cause of infant deaths. Every year around 200,000 children aged under five succumb to pneumonia in India.
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Key Players Operating in Global Bacterial Pneumonia Treatment Market
Major players operating in the global bacterial pneumonia treatment market are:
- Pfizer, Inc.
- Teva Pharmaceutical Industries, Ltd.
- Lupin Pharmaceuticals, Inc.
- Mylan N.V.
- Sun Pharmaceutical Industries Ltd.
- GlaxoSmithKline plc
- AstraZeneca plc
- Nabriva Therapeutics plc
Global Bacterial Pneumonia Treatment Market: Research Scope
Global Bacterial Pneumonia Treatment Market, by Disease Type
- Community-acquired Pneumonia
- Healthcare-associated Pneumonia
Global Bacterial Pneumonia Treatment Market, by Drug Type
- Cough Medicine
- Pain Killer/Fever Reducers
Global Bacterial Pneumonia Treatment Market, by Dosage Form
Global Bacterial Pneumonia Treatment Market, by Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Global Bacterial Pneumonia Treatment Market, by Region
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.