According to Future Market Insights, the Uncomplicated Urinary Tract Infection Treatment market demand is predicted to increase at a 10% CAGR from 2023 to 2033. The global market for Uncomplicated Urinary Tract Infection Treatment is anticipated to reach US$ 17 billion by the year 2033. The increasing awareness of the ailment, the growing elderly population, and the rising prevalence of UTIs all contribute to the market’s growth.
The growing awareness of UTIs is one of the market’s primary drivers. More and more individuals are becoming aware of the symptoms of UTIs and the significance of seeking immediate treatment as information becomes more widely available online and through social media. This increases demand for antibiotics and other therapies, boosting market growth.
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The expanding geriatric population is another element driving the market. People’s risk of having UTIs increases as they age, and as the world’s population ages, so does the demand for UTI therapies. The number of individuals aged 65 and more is anticipated to triple by 2050, reaching roughly 1.5 billion, according to the United Nations.
Finally, the increasing prevalence of UTIs is fueling market expansion. Factors such as rising diabetes rates, changes in sexual behaviour, and increased use of catheters and other medical devices are all contributing to an increase in UTI incidence. This is increasing the demand for efficient medicines that can clear up UTIs fast and safely.
Key Takeaways from the Market Study
- The global market for Uncomplicated Urinary Tract Infection Treatment is predicted to develop at a 10% CAGR from 2023 to 2033.
- Retail pharmacies are anticipated to account for 47% of the Uncomplicated Urinary Tract Infection Treatment market in 2023.
- In 2023, North America is estimated to hold 48% of the market for Uncomplicated Urinary Tract Infection Treatment.
- Europe’s Uncomplicated Urinary Tract Infection Treatment market is estimated to account for 40% of the total by 2023.
- Retail Pharmacies are expected to capture 47% of the market for uncomplicated urinary tract infection treatment, according to an FMI study.
“Key players are investing heavily in research and development to bring new and improved treatments to market, and are also working to expand their distribution networks to reach more patients.” states an FMI analyst
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Competitive Landscape
Key players in the Uncomplicated Urinary Tract Infection Treatment market are GlaxoSmithKline, Iterum Therapeutics, Inmunotek, Janssen Pharmaceuticals, Fimbrion Therapeutics, Pfizer, Allergan Plc, Bristol-Myers Squibb, Merck & Co., Inc., Cipla Inc.
- GSK has developed a drug called Avycaz, which is a combination of ceftazidime and avibactam, used for the treatment of complicated UTIs. Avycaz is effective against a wide range of gram-negative bacteria, including some that are resistant to other antibiotics.
- Iterum Therapeutics is a biopharmaceutical company that is focusing on developing novel antibiotics to treat infections caused by multi-drug resistant pathogens, including those that cause Uncomplicated Urinary Tract Infections (UTIs).
More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global Uncomplicated Urinary Tract Infection Treatment market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.
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Key Segments Profiled in the Uncomplicated Urinary Tract Infection Treatment Industry Survey
Drug Class:
- Gepotidacin
- Probenecid
- Sulfonamide
- Tetracycline
- Nitrofuran
Distribution Channel:
- Hospital Pharmacies
- Gynaecology and Urology Clinics
- Retail Pharmacies
- Online Drug Stores
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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