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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