Albany, NY -- (SBWire) -- 03/19/2019 --Gram-positive Bacterial Infections Market – Snapshot

Gram-positive bacterial infection drugs act against gram-positive bacterial infections such as MRSA infections, sinusitis, and pneumonia. Gram-positive bacteria are those class of bacteria that retain gram stain and hence, are observed as violet purple colored stains when observed under the microscope. They are a major class of bacteria that cause various infections in humans. These drugs act by various mechanisms such as inhibition of cell wall synthesis, inhibition of protein biosynthesis, and inhibition of DNA replication. The global gram-positive bacterial infections market was valued at around US $ 51,450 Mn in 2017. It is expected to expand at a CAGR of 1.5% from 2018 to 2026. The market for gram-positive bacterial infections is expanding significantly, owing to an increase in the number of cases of gram-positive bacterial infections and a rapid rise in antibacterial resistance. Increased government initiatives and funding for R&D activities & newer bacterial infection treatment and infection control in healthcare settings is also a key factors driving the market globally.

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The gram-positive bacterial infections market has been segmented based on drug type, disease, route of administration, distribution channel, and region. Based on drug type, the global market is classified into antibiotic, antifungal, and others. The antibiotic segment has been further sub-segmented into B-lactam, quinolones, macrolides, tetracyclines, aminoglycosides, sulfonamides, phenicols, and others. The antibiotic segment dominated the global market and is expected to maintain its position during the forecast period owing to better efficacy in treatment of wide spectrum of bacterial infections and development of novel approaches for new antibiotics. The others segment, which includes antitoxins, corticosteroids, supplements, anti-dialectic, calcium, probiotics, is expected to expand at a higher CAGR during the forecast period owing to the popularity of combination drugs prescribed for patients who are more prone to the adverse effects of single antibiotic prescription. Based on disease, the global gram-positive bacterial infections market has been divided into MRSA, pneumonia, sepsis, sinusitis, cellulitis, otitis, pharyngitis, impetigo, and others.

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The sinusitis segment is dominant owing to the rise in prevalence of sinusitis and increased usage of antibiotics for this infection. The otitis segment is projected to expand at a higher CAGR during the forecast period due to a rise in the prevalence of otitis media and the efficacy and safety of antibacterial agents to cure the infection. In terms of route of administration, the global gram-positive bacterial infections market has been classified into enteral, parenteral and others. The enteral segment dominated the market global market. Patient preference, ease of administration and ability to achieve desired therapeutic concentration are some factors driving the enteral segment. Based on distribution channel, the global gram-positive bacterial infections market has been segregated into hospital pharmacies, drug stores and retail pharmacies, and others. The others segment, which consist of online pharmacies and mail pharmacies, is projected to expand at a notably higher CAGR. This expanded CAGR is attributed to better discounted rates on drug purchase and convenience offered by online pharmacies.

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In terms of region, the global gram-positive bacterial infections market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global gram-positive bacterial infections market in 2017, owing to a rise in the prevalence of bacterial infections, better diagnosis and treatment rate, and presence of major players in the region. Asia Pacific is a lucrative market for gram-positive bacterial infections, and the market is estimated to expand at a prominent CAGR during the forecast period due to larger patient pool and rising number of infected cases in the region.

Key players operating in the global Gram-Positive Bacterial Infections market include Bayer AG, Pfizer, Inc., Sanofi, GlaxoSmithkline plc (GSK), Merck & Co., Inc., AstraZeneca, Theravance Biopharma, Bristol-Myers Squibb Company, Novartis AG, and Allergan plc.

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