Pune, India -- (SBWIRE) -- 02/27/2018 -- Methicillin-resistant Staphylococcus aureus (MRSA) is an antibiotic resistant strains of the pathogen. MRSA infections are classified as hospital-acquired (HA-MRSA) or community-acquired (CA-MRSA). MRSA causes infections such as skin infections, bone and joint infections, bacteremia, animal infections and others.

The Global MRSA Drugs Market is expected to reach USD 4,312.2 million by 2023, and the market is projected to grow at a CAGR of ~ 4.4 % during the forecast period 2017-2023.

In step with bulletin of the atomic scientists, about 10 million humans in the US (3.6 percent of the populace) are immune-compromised. The arena health employer expected that approximately 36.7 million people had HIV/aids worldwide in 2016. Consequently, the growing immune-compromised populace is anticipated to propel the market boom over the assessment period. Additionally, developing geriatric population projected to help the growth of the market thinking about older humans are greater liable to MRSA infections. International fitness agency anticipated that in 2015-2050, the share of the arena's population can be nearly double from 12% to 22% and with the aid of 2020, the extensive type of human beings elderly over 60 years probable to outnumber youngsters younger than 5 years.

Another strong driving force is developing concerns of MRSA infections and increasing government help to diminish MRSA. as an example, health center readmissions reduction application set up under low-priced Care Act (ACA) financially penalizes hospitals if they have higher than anticipated 30-day readmission fees for illnesses which includes pneumonia. The recommendations of the committee has led to clinic readmissions countrywide priority and an immediate financial incentive to reduce readmissions. The monetary incentives for lowering readmissions and the growing cost of non-compliance is anticipated to advantage the MRSA tablets marketplace.

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High cost of novel drug therapy and low healthcare expenditure in developing regions projected to hamper the growth of the market over the review period. Moreover, patent expiry is also expected to lower the market value due to generic competition. For example, Pfizer's Zyvox and Merck's Cubicin, used for the treatment of MRSA have lost patents in major markets and their patent for alternative formulations and chemical forms is threatened by imminent patent expiry dates, which is expected to lower the market due to competition from generics and greater market fragmentation.

Key Players in the Global MRSA Drugs Market

Some of the key players profiled in the report are Merck KGaA, Olon, Allergan, Baxter, Theravance Biopharma, Pfizer, Mylan N.V and Novartis and others.

Segments:

The global MRSA drugs market has been segmented on the basis of drug class, MRSA types, disease indications, and end user.

Based on the drug class, the market has been segmented as sulfa drugs, tetracyclines, oxazolidinones, glycopeptide antibiotics, and other.

Based on the MRSA types, the market has been segmented as hospital-acquired (HA-MRSA), and community-acquired (CA-MRSA).

Based on the disease indications, the market has been segmented as skin infections, bone and joint infections, bacteremia, animal infections, and others.

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Based on the end user, the market has been segmented as hospitals & clinics, academic and research, and others.

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