Hospital-acquired Pneumonia (HAP) Drugs Market Volume, Value, Price and Specification Forecast 2025
22th January 2019: Global Hospital-acquired Pneumonia (HAP) Drugs Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. An acute lower respiratory tract infection that is acquired after at least 48 hours of admission to the hospital is referred to Hospital-acquired Pneumonia (HAP). The most common signs & symptoms include malaise, cough, fever, chills, chest pain, rigor, dyspnea, etc.
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The factors that propel the growth of the Hospital-acquired Pneumonia (HAP) Drugs Market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, some of the key factors that fuel the market growth include insufficient healthcare infrastructure coupled with lack of proper hygiene in the emerging countries. Also, unmet demand due to lack of available treatment for MDR microorganisms drives the market growth.
On the other hand, rising cases of MDR microorganisms may pose a challenge to the growth of the industry. Hospital-acquired Pneumonia (HAP) Drugs Market is classified on the basis of product type, applications, distribution channel and geography. The market is segmented by product type as Antibacterial, Antifungal and Antiviral. Among product type, Antibacterial segment is expected to account a large share of the Hospital-acquired Pneumonia (HAP) Drugs Industry. Hospital-acquired Pneumonia (HAP) Drugs Market is classified on applications as Hospitals, Clinics and others. HAP Drugs Market is segmented by distribution channel as online stores, specialty stores and others.
Hospital-acquired Pneumonia (HAP) Drugs Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and African region consists of GCC, South Africa and North Africa.
The other prominent players operating in the Hospital-acquired Pneumonia (HAP) Drugs Industry include Arsanis, AstraZeneca, Combioxin, Mylan, Sun Pharmaceutical Industries, Shinogi, Theravance Biopharma, Teva Pharmaceutical, The Medicines Company, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
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