Acute Bacterial Skin and Skin Structure Infections Treatment Market Rising in United States | Fortune Business Insights
The global acute
bacterial skin and skin structure infections treatment market will
derive growth from the increasing usage approvals in recent years. According to
a report published by Fortune Business Insights, titled “Acute Bacterial Skin
and Skin Structure Infections (ABSSSI) Treatment: Global Market Analysis,
Insights and Forecast, 2019-2026,” the market was valued at US$ 7,270.9 Mn in 2018. Fortune
Business Insights has predicted that the market will reach US$ 14,972.6 Mn by
the end of 2026, thereby exhibiting a CAGR of 9.5%.
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Recent
developments in acute bacterial skin and skin structure infections (ABSSSI)
treatment methods such as the advent of novel drugs and therapies will favor
growth of the global market. The report stresses on the latest industry
development and signifies the impact of these developments on the acute
bacterial skin and skin structure infections (ABSSSI) treatment market value.
The report includes segmentation of the market based on several factors such as
infection type, route of administration, distribution channel, and regional demographics. Besides these, the
report provides insights into a few of the factors that have constituted for
the increase in the global acute bacterial skin and skin structure infections
(ABSSSI) treatment market value. The increasing prevalence of acute bacterial
skin and skin structure infections (ABSSSI) around the world has led to
increasing demand for acute bacterial skin and skin structure infections
(ABSSSI) treatment options across the world. On account of the aforementioned
factors, companies are looking to generate acute bacterial skin and skin
structure infections (ABSSSI) treatment market revenue.
Rising Incidence of Hospital-acquired ABSSSI
to Boost the Market Size
Among all types,
the hospital-acquired infections are likely to witness high growth in the
coming years. Hospital acquired infections are one of the leading causes of
global deaths. Fortune Business Insights predicts that the
hospital-acquired infections segment will increase with a relatively high CAGR
during the forecast period. The methicillin-resistant staphylococcus aureus
(MRSA) has accounted for the majority of the hospital-acquired infections
around the world.
Furthermore,
Fortune Business Insights states that the community-acquired acute bacterial
skin and skin structure infections have accounted for a significant market
share in 2018. The report provides segmentation of the global market based on
several aspects such as infection type, route of administration, distribution
channel, and regional demographics. Fortune Business Insights profiles leading
segments in the market and provide a detailed analysis of several factors that
contribute to the growth of this segment.
North America to Hold Highest Market Share
The growing focus
on extensive research activities, especially by leading companies have
contributed to the growth of the acute bacterial skin and skin structure
infections treatment market in North America. The increasing emphasis on
R&D of anti-MRSA drugs in North America, aimed at the treatment of acute
bacterial skin and skin structure infections (ABSSSI) have aided the growth of
the regional market.
Fortune Business
Insights has predicted that the acute bacterial skin and skin structure
infections (ABSSSI) treatment market in North America will benefit from a host
of ongoing pipeline drugs associated with the treatment of this disease. Having
said that, the Asia Pacific is likely to witness a relatively high CAGR during
the forecast period.
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