The global complicated urinary tract infections treatment market is poised for remarkable growth, with projections indicating a valuation surpassing USD 9.2 billion by 2023, and expected to soar to USD 16.1 billion by 2033. This trajectory represents a robust Compound Annual Growth Rate (CAGR) of 5.76% over the forecast period.
cUTIs, owing to the rise in drug-resistant bacteria and overutilization of antibiotics, are anticipated to witness a surge in prevalence, thereby driving the expansion of the market for cUTI treatments. Notably, healthcare professionals are increasingly resorting to quinolones and Cephalosporin as primary and secondary treatment options for addressing complex UTI situations, consequently propelling market growth.
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Despite the optimistic outlook, the market faces challenges stemming from conflicting guidelines issued by various healthcare organizations regarding the management of cUTIs. These inconsistencies contribute to confusion among healthcare providers, thereby potentially impeding the growth trajectory of the cUTI treatment market.
“The projected growth of the global Complicated Urinary Tract Infections treatment market underscores the pressing need for effective strategies to combat the rising incidence of drug-resistant bacteria and streamline treatment protocols,” remarked FMI.
As stakeholders navigate through evolving guidelines and embrace innovative treatment modalities, collaboration among industry players and healthcare organizations will be pivotal in addressing the complexities associated with cUTIs and ensuring optimal patient outcomes.
Key Takeaways:
- North America is projected to lead the market of complicated urinary tract infections with an estimated market value of USD 5.29 billion by end of the forecast period.
- The market in East-Asia is expected to witness fastest CAGR of 5.1% while possessing 20% market share by end of 2033.
- By drug class, Penicillin and combinations is expected witness fastest segment growth of 7.9% during the forecast period.
- Quinolones segment is expected to possess hegemony with 48.6% market share by end of the forecast period.
- By distribution channel, hospital pharmacies is anticipated to dominate market with 51% market share by 2033.
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Competitive Landscape:
The global Complicated Urinary Tract Infections treatment market is highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition. The major players in the market are:
- Spero Therapeutics
- Wockhardt
- Venatorx Pharmaceuticals
- Allecra Therapeutics
- Nabriva Therapeutics AG
- MerLion Pharmaceuticals
- Allergan
- Bayer AG
- Pfizer, Inc
- GlaxoSmithKline plc
- Bristol-Myers Squibb Company
- Janssen Global Services, LLC
Some Recent Developments In This Industry Are:
- In November 2020, Allergan announced FDA acceptance of Supplemental New Drug Indication for Avycaz for the treatment of patients with complicated Urinary Tract Infections (cUTI) and complicated Intra-abdominal Infections (cIAI).
- In October 2021, Spero Therapeutics Inc. submitted a new drug application (NDA) to the US Food and Drug Administration (FDA), seeking approval for tebipenem HBr tablets for the treatment of complicated urinary tract infections (cUTI), including pyelonephritis, caused by susceptible microorganisms.
- In September 2021, BDR Pharma, one of India’s leading generic pharmaceutical companies, launched biapenem to treat patients with intra-abdominal infections, lower respiratory infections, or complicated urinary tract infections.
Key Segments Profiled in the Complicated Urinary Tract Infections treatment Industry survey:
Complicated Urinary Tract Infections treatment market by Drug class:
- Penicillin and combinations
- Quinolones
- Cephalosporin
- Azoles and Amphotericin B
- Nitro furans
Complicated Urinary Tract Infections treatment market by Distribution channel:
- Hospital Pharmacies
- Gynecology and Urology Clinics
- Drug stores
- Retail Pharmacies
Complicated Urinary Tract Infections treatment market by Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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