The Rising Prevalence of Clostridium Difficile Infections Will Drive Clostridium Difficile Infections Treatment Market to US$ 1,727.10 Million by 2031, Says Growth Plus Reports
Newark, New Castle, USA, April 03, 2023 (GLOBE NEWSWIRE) -- A new report from Growth Plus Reports analyzes the production, potential applications, demand, major manufacturers, and SWOT analysis of the global clostridium difficile infections treatment market.
The clostridium difficile infections treatment Market Report assists in determining the optimum distribution methods for certain products and potential markets for future product launches. The report also analyses the purchase and supply trends influencing the market's production strategy. You can get insights into comprehensive TOC, Tables, and Charts presented throughout the report for valuable data, information, important statistics, trends, and detailed competitive landscape information in this market.
Key Takeaways:
- The increasing prevalence of clostridium difficile infections will drive market revenue growth.
- Increasing public awareness will drive demand for clostridium difficile infections treatment.
- North America dominates the global clostridium difficile infections treatment market.
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Clostridium Difficile Infections Treatment Market Scope
Report Attribute | Details |
Market size value in 2022 | US$ 955.4 million |
Revenue forecast in 2031 | US$ 1,727.1 million |
Growth Rate | CAGR of 6.8% from 2023 to 2031 |
Base year for estimation | 2022 |
Forecast Period | 2023-2031 |
Historical Year | 2021 |
Segments covered | Drug, Distribution Channel, and Region. |
Regional scope | North America, Europe, Asia Pacific, and the Rest of the World (ROW) |
Market Drivers
The increasing prevalence of clostridium difficile infections and the increased usage of antibiotics will drive the revenue growth of the clostridium difficile infections treatment market. Furthermore, increased medication research activities, new classes of non-antibiotic drugs and vaccines, increasing government support, and rising public awareness are expected to boost the market revenue growth rate.
Market Segmentation
Growth Plus Reports has analyzed the global clostridium difficile infections treatment market from three perspectives: Drug, Distribution Channel, and Region.
Drug Segmentation: Based on the drug, the global clostridium difficile infections treatment market is segmented into metronidazole, vancomycin, fidaxomicin, metronidazole, probiotics, etc. The vancomycin segment dominates the market with the largest revenue share because it is the most commonly prescribed medicine for CDI therapy since it is affordable and efficient.
Distribution Channel Segmentation: Based on the distribution channel, the clostridium difficile infections treatment market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacy segment dominates the market because these infections arise in hospitals, and the patient's prolonged stay in the hospital induces them to regard hospital pharmacies as the most dependable option for purchasing medicines.
Regional Growth Dynamics
Based on the region, the global clostridium difficile infections treatment market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
North America dominates the clostridium difficile infections treatment market with the largest revenue share. The high prevalence of clostridium difficile infections, advanced healthcare infrastructure, increased public awareness, the introduction of technologically advanced products, and favorable reimbursement policies are attributed to North America's significant revenue share.
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Competitive Landscape
The major players operating in the global clostridium difficile infections treatment market are:
- Pfizer, Inc.
- Actelion Pharmaceuticals Ltd.
- Astellas Pharma, Inc.
- Da Volterra
- Finch Therapeutics Group, Inc.
- Immuron Ltd.
- Merck & Co., Inc.
- MGB Biopharma
- Otsuka Pharmaceutical Co., Ltd.
- Rebiotix, Inc.
- Romark L.C.
- Sanofi Pasteur SA
- Seres Therapeutics, Inc.
- Summit Therapeutics Plc
- Synthetic Biologics, Inc.
- Valeant Pharmaceuticals International, Inc.
- Valneva SE
The clostridium difficile infections treatment devices market is competitive, with several international players involved. Market competitors concentrate on technical advancements, research and development, mergers, acquisitions to strengthen their market presence.
Recent developments:
- Seres Therapeutics, Inc. announced in September 2022 that it has completed the Biologics License Application (BLA) submission to the US FDA for SER-109 to prevent recurrent CDI. As a result of this approval, SER-109 might become the first oral microbiome treatment approved by the US Food and Drug Administration.
- Merk & Co., Inc. gained FDA approval in January 2020 for the DIFICID (fidaxomicin) indicated for treating CDI-associated diarrhea in children six months and older.
- Ferring Pharmaceuticals Company announced in February 2020 the completion of enrollment in Phase 3 clinical trial for RBX2660, an investigational treatment targeted at breaking the cycle of CDI recurrence.
Table of Content
-
INTRODUCTION
- Market Ecosystem
- Timeline Under Consideration
- Historical Years – 2021
- Base Year – 2022
- Forecast Years – 2023 to 2031
- Currency Used in the Report
-
RESEARCH METHODOLOGY
- Research Approach
- Data Collection Methodology
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Approach
- Bottom Up
- Top Down
- Market Forecasting Model
- Limitations and Assumptions
-
PREMIUM INSIGHTS
- Current Market Trends (COVID-19 Perspective)
- Key Players & Competitive Positioning (2022)
- Regulatory Landscape
- Reimbursement Scenario
- Epidemiology and Patient Population (Forecast to 2031)
-
MARKET DYNAMICS
- Drivers
- Restraints/Challenges
- Opportunities
-
GLOBAL CLOSTRIDIUM DIFFICILE INFECTIONS TREATMENT MARKET - ANALYSIS & FORECAST, BY DRUG
- Metronidazole
- Vancomycin
- Fidaxomicin
- Metronidazole
- Probiotics
- Others
-
GLOBAL CLOSTRIDIUM DIFFICILE INFECTIONS TREATMENT MARKET - ANALYSIS & FORECAST, BY DISTRIBUTION CHANNEL
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
CLOSTRIDIUM DIFFICILE INFECTIONS TREATMENT MARKET TOC
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- Comprehensive quantitative and qualitative insights at segment and sub-segment level
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- Granular insights at global/regional/country level
- Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
- Blanket coverage on competitive landscape
- Winning imperatives
- Exhaustive coverage on 'Strategic Developments' registered by leading players of the market
CUSTOMIZATION OPTIONS:
- Distributor Landscape Assessment
- Pricing Intelligence
- Customer Base Assessment
- Investment & Initiatives Analysis
- 'Business Profile' of Key Players
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