PharmiWeb.com - Global Pharma News & Resources
24-Mar-2021

Acute Bacterial Skin and Skin Structure Infections Market Size, Share, 2020, Global Trends, Quality Research, Investments by Major Market Players, Application, Product & Services, Genetic Testing, Significant Growth and Forecast to 2026

SEATTLE, March 24, 2021, (PHARMIWEB) — Acute Bacterial Skin and Skin Structure Infection (ABSSSI) is an infection of the skin and soft tissue that impacts the epidermis, dermis, and subcutaneous tissues. According to the U.S. Food and Drug Administration (FDA), ABSSSIs are lesions with cellulitis/erysipelas, wound infections, and major cutaneous abscesses occurring in a minimum surface area of 75 cm2. ABSSSI is caused due to pathogens such as Beta-hemolytic Streptococcus, Methicillin sensitive Staphylococcus aureus (MSSA), Escherichia coli, Enterococcus faecalis, Pseudomonas aeruginosa, and Methicillin resistant Staphylococcus aureus (MRSA). High incidence of drug resistant strains, especially in Staphylococcus spp. and Enterococcus spp. has led to several challenges in the treatment of ABSSSI.

To learn more about this report, request a sample copy*
* The sample copy includes: Report Summary, Table of Contents, Segmentation, Competitive Landscape, Report Structure, Methodology.

Request a sample copy of this report@ https://www.coherentmarketinsights.com/insight/request-sample/1531

Increasing R&D in the treatment of the infection is expected to boost growth of the global acute bacterial skin and skin structure infections market

High prevalence of ABSSSI and increasing R&D in the treatment of the infection is expected to boost growth of the global acute bacterial skin and skin structure infections market. For instance, in 2017, Cempra announced promising data from the phase 3 trial of Fusidic acid for the treatment of ABSSSI. In same year, Melinta Therapeutics received the U.S. FDA approval for its product Baxdela, a delafloxacin based ABSSSI medicine, available in both intravenous and oral formulations. Moreover, in 2018, Fresenius Kabi received the U.S. FDA approval for new drug application of daptomycin, a lipopeptide class of antibacterial drug, in injectable form for complicated skin and skin structure infections (cSSSI) caused by susceptible Gram-positive bacteria such as Staphylococcus aureus, Streptococcus pyogenes, and Streptococcus agalactlae.

Increasing prevalence of skin and skin structure infections is also expected to boost growth of the global acute bacterial skin and skin structure infections market. For instance, according to article published in 2015 of PLoS One journal, skin and skin structure infections related hospital admissions were 1.6% in 2005, increased to 2.0% in 2011. Moreover, according to Decision Resource Group, in 2014, 11% of 2.7 million hospital admissions for ABSSSI were pediatric patients. Key players in the market are focused on developing therapies for the treatment of ABSSSI in children. For instance, in 2016, Allergan plc. received the U.S. FDA approval for its supplemental New Drug Application (sNDA) for Teflaro, for the treatment of ABSSSI in pediatric patients.

Exclusive offer!!! Purchase the report at a discounted rate!!!

Apply Promo Code “CMIFIRST1000” and Get Up to 30% Discount

Quick Buy – Acute Bacterial Skin and Skin Structure Infections Market Research Report: https://bit.ly/2OVMr8u

Increasing resistant strains of causative agents, stringent regulatory policies, and patent expiration are some of the factors that hinder growth of the market.

North America is expected to account for the largest market share over the forecast period

On the basis of region, the global acute bacterial skin and skin structure infections market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The market in North America is expected to account for the largest market share over the forecast period. This is attributed to increasing focus of key players in the market on R&D of new therapies for the treatment of ABSSSI.

The market in Asia Pacific is expected to witness rapid growth over the forecast period. This is attributed to increasing collaboration activities in the region. For instance, in 2017, Basilea Pharmaceutics Ltd. signed an agreement with Shenzhen China Resources Gosun Pharmaceutical Co. granting marketing of its product Zevtera for the treatment of Methicillin resistant Staphylococcus aureus infection in China, Hong Kong, and Macao.

Key players

Key players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in 2014, Merck & Co., Inc. acquired Cubist Pharmaceuticals for US$ 9.5 billion. Under the acquisition, Merck acquired Cubist Pharmaceuticals’ presently marketed and late stage pipeline products. Moreover, in 2017, Cempra, Inc.— a clinical-stage pharmaceutical company focused on developing treatment of infectious diseases—merged with Melinta Therapeutics, a privately held company focused on discovering, developing, and commercializing novel antibiotics to treat serious bacterial infections. The merger commercialized the launch of Melinta’s Baxdela, a fluoroquinolone based ABSSSI treatment for susceptible bacteria.

To understand Research Methodology, please click https://www.coherentmarketinsights.com/ongoing-insight/acute-bacterial-skin-and-skin-structure-infections-absssi-market-1531

Major players operating in the global acute bacterial skin and skin structure infections (ABSSSI) market include, Fresenius SE & Co. KGaA, Sandoz Inc. (a subsidiary of Novartis), Paratek Pharmaceuticals, Inc., Melinta Therapeutics, Inc., Allergan plc, Merck & Co., Inc., Accord Healthcare Ltd. (a subsidiary of Intas Pharmaceuticals Ltd.), Glenmark Pharmaceuticals Ltd, Cadila Healthcare Ltd., and Teva Pharmaceutical Industries Ltd.

Acute Bacterial Skin and Skin Structure Infections (ABSSSI) Market – Taxonomy

By Active Ingredient

  • Delafloxacin
  • Vancomycin
  • Ceftaroline fosamil
  • Oritavancin
  • Tedizolid
  • Daptomycin
  • Tigecycline
  • Linezolid
  • Others

By Route of Administration

  • Oral
  • Parenteral
  • Topical

By Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website – www.coherentmarketinsights.com

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

Editor Details

  • Company:
    • CDN Newswire
Last Updated: 24-Mar-2021