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Market Data Forecast Recent Report on "Global Urinary Tract Infection (UTI) Market Opportunity Assessment 2016–2021"

Global Urinary Tract Infections Market is witnessing a Steady Growth rate owing to increasing urinary tract infections worldwide

 

Hyderabad, India -- (SBWIRE) -- 02/21/2018 -- The report "Urinary tract Infection (UTI) Market by Type Of Medication (Penicillin & Combinations, Quinolones, Aminoglycoside-Antibodies, Cephalosporin, Sulphonamides, Azoles & Amphotericin B, Tetracycline And Nitrofurans), By Type Of Indication (Uncomplicated UTI, Complicated UTI, Recurring Complicated UTI, And Neurogenic Bladder Infection) - Forecast to 2021", The Urinary tract Infection (UTI) market is expected to reach USD 13.88 Billion by 2021 from an estimated USD 9.71 Billion in 2016, at a CAGR of 3.2%. The key factors are sudden rise in the prevalence rate and the diagnosis for the disease. This has started the opportunities for major players to allocate their resources towards research and development of a combination therapy. With the launch of new drugs for multiple indications under urinary tract infections, and label expansion for drugs which are already existing, the market is expected to boost further.

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By medication, combination of drugs accounted for the largest share of the market in 2016
On the basis of medication, the Urinary tract Infection (UTI) market has been segmented into Penicillin & Combinations, Quinolones, Aminoglycoside-Antibodies, Cephalosporin, Sulphonamides, Azoles & Amphotericin B, Tetracycline and Nitrofurans. The Penicillin & Combinations segment is divided into Amoxicillin and Amoxicillin-Clavulanate Potassium combination. The Quinolones class includes Ciprofloxacin, Levofloxacin, Norfloxacin and Nalidixic Acid. The Aminoglycoside Antibodies class includes Gentamicin and Amikacin. The Cephalosporin class includes Ceftriaxone, Cefixime, Cefuroxime, and Cephalexin. Sulphonamides mainly of Sulfamethoxazole and Trimethoprim combination is expected to be the fastest-growing segment during the forecast period..

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On the basis of type, the Urinary tract Infection (UTI) market has been segmented into into Uncomplicated UTI, Complicated UTI, Recurring Complicated UTI, and Neurogenic Bladder Infection.

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Asia Pacific accounted for the largest share of the Urinary tract Infection (UTI) market in 2016, followed by Europe. The large share of the North American Urinary tract Infection (UTI) market can be attributed to the growth rising rate of diagnostics, gradual adoption of improved technologies, emerging health care infrastructures, and increased disposable income lack of knowledge of this transferable diseases and personnel hygiene is prominent in these regions .

The various players in the Urinary tract Infection (UTI) market include Pfizer, Inc., AstraZeneca plc, Johnson & Johnson, Novartis International AG., F. Hoffmann La Roche Ltd., Teva Pharmaceutical Industries Ltd., Boehringer Ingelheim GmbH, and Cipla Ltd., among others.

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