The global Bartonellosis Therapeutics Market size is expected to surpass an impressive valuation of USD 1.2 Billion in 2023 and is projected to exhibit a CAGR of 12% from 2023 to 2033, reaching USD 3.72 Billion.
Bartonellosis is a bacterial infection caused by the genus Bartonella. Carrión's disease, trench fever, cat scratch illness, bacillary angiomatosis, peliosis hepatis, prolonged bacteremia, endocarditis, chronic lymphadenopathy, and neurological disorders are all induced by Bartonella species. Bartonella henselae is the most prevalent trigger of bartonellosis in the United States.
People who are homeless are more likely to become infected with B. Quintana because they have restricted access to shower and laundry amenities. Infection with B. Quintana occurs worldwide. As a result, this factor is propelling overall growth.
| Report Attribute | Details |
|---|---|
| Expected Market Value (2023) | USD 1.2 Billion |
| Anticipated Forecast Value (2033) | USD 3.72 Billion |
| Projected Growth Rate (2023 to 2033) | 12% CAGR |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The presence of a robust product pipeline, as well as upcoming launches propelled the market growth. One of the key determinants in the market is the rising Research and Development investments by prevalent vendors for orphan-developing drugs and innovative product offerings.
In 2021, there were approximately 791 prospective orphan drug applicants in clinical trials for the treatment of rare diseases, as per Pharmaceutical Research and Manufacturers of America. As a result, the market for bartonellosis therapeutics grew during the historical era.
Over the forecast period the market for bartonellosis therapeutics is expected to grow because, without therapies, the fatality rate from this illness ranges from 40 to 90%. With the pathogen preserved in the body, bartonellosis enters a dormant stage, followed by reoccurrence and the evolution of a chronic phase, the Peruvian wart.
Development of More Effective Antibiotics to Generate Widespread Opportunities for Growth
Antibiotic demand is rapidly expanding owing to an increase in cat scratch disease cases and soaring market growth. The increased prevalence of the disease is captivating government bodies to spend on Research and Development approaches and fuel the creation of breakthrough antibiotics therapy, in addition to encouraging regulatory policies to accelerate the authorization and funding for research.
For example, BARDA, in collaboration with the US government, has assisted several organizations in the development of novel treatments for bartonellosis.
The development of novel SMA Drugs to Drive Sales Growth
A multidisciplinary approach based on breakthrough proposals for the creation of novel SMA drugs to address unmet medical needs in rare therapeutic strategies is expected to drive market growth. In June 2021, for example, the European expert group on orphan drug incentives released a set of policy initiatives to address unmet healthcare needs in rare conditions.
This proposed policy involves a review of the EMA's pharma approach and orphan drug laws to encourage Spending on orphan drugs. In addition, basic research on patient access, new therapeutic challenges, and governmental authorizations are key areas highlighted in the proposed policies. During the forecast timeframe, such favorable government approaches are predicted to encourage market growth.
Principal Consultant
A rise in Multidrug-Resistant Bacterial Infections may have a Restraining Influence on Market Expansion
Pharmaceutical companies are forming partnerships to develop new therapeutic strategies to minimize the financial strain of the process of drug development. However, an increase in multidrug-resistant bacterial infections may put a damper on the industry.
Increasing Number of CSD cases in the United States to drive Growth
North America's market is highly subject to regulation and has a robust healthcare system. The emergence of communicable disease cases and government health expenditures in the region is a significant factor propelling the market in North America. To regulate cat scratch diseases, the US government is implementing a variety of measures, including antibiotic stewardship initiatives and encouraging Research and development for therapeutic approaches.
The United States. Stray cats are more inclined to be infected with B. henselae than pets. The majority of CSD cases in the United States occur in the fall and winter. Thus it is expected to propel market growth in North America. According to Future Market Insights, the USA is likely to experience a CAGR of 11.7% with regard to bartonellosis therapeutics.
Government Initiatives to foster Orphan Drugs Development Programs to propel Growth
During the projected timeline, Asia Pacific is projected to be the fastest emerging market. The region's expansion can be attributed to government interventions to assist orphan disorder patients. For example, in July 2022, the Indian government oriented national and state governments to ensure the successful implementation of insurance programs created for the treatment of people undergoing orphan diseases.
This indicator offers an opportunity for healthcare practitioners to develop excellent quality orphan medications for the administration while also generating revenue. As a result, this factor is anticipated to propel the bartonellosis therapeutics market in the upcoming decade. FMI expects the APAC market for bartonellosis therapeutics to accumulate a revenue share of 33% in 2023.
Europe to drive market owing to increased demand for Cutting-Edge Medical Services
Europe is expected to expand significantly during the projected timeframe, 2023-2033. The market's expansion can be mainly ascribed to the region's burgeoning demand for cutting-edge medical services, which is fueled by the region's population explosion in countries such as the United Kingdom, France, Germany, Sweden, the Netherlands, Italy, and Russia.
As per World Bank statistics, the total population in the United Kingdom and France in 2021 was 67,326,569, and 67,499,343, respectively. As a result, the Bartonellosis market is anticipated to grow further. A CAGR of 11.5% is projected for the bartonellosis therapeutics market in Europe.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Treatment for Bartonellosis to be Maximum across Hospitals
During the evaluation period, the hospital is expected to be the fastest-growing segment owing to the high hospitalization rate of SMA. As per the report, hospitals are likely to account for 40% of all bartonellosis therapeutics in 2023 and beyond.
Because of the high well construction and equipment facilities, hospitals treat the vast bulk of bartonellosis patients. As a result, the hospital segment is anticipated to account for a sizable share of the market.
Demand for Antibiotics to be at the Pinnacle
Infectious diseases are always treated with antibiotics and medications. Given the possibility of supplementary salmonellosis, ciprofloxacin or chloramphenicol should be used in conjunction with a beta-lactam antibiotic to cure the disease swiftly.
As a result, the demand for antibiotics medicine is rapidly increasing, propelling the segment's growth, and expected to capture a revenue share of over 50% in 2023 and beyond.
Key players in the Bartonellosis Therapeutics market are Abbott, Allergan, Hoffmann-La Roche Ltd., GlaxoSmithKline plc, Merck Sharp & Dohme Corp., Novartis AG, Sanofi, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Bayer AG, Viatris, Sun Pharmaceutical Industries Ltd., Lilly, Aurobindo Pharma, Lupin, AstraZeneca, Johnson & Johnson Private Limited, Boehringer Ingelheim International GmbH, Dr. Reddy’s Laboratories Ltd., Bristol-Myers Squibb Company.
| Report Attribute | Details |
|---|---|
| Market Value in 2023 | USD 1.2 Billion |
| Market Value in 2033 | USD 3.72 Billion |
| Growth Rate | CAGR of 12% from 2023 to 2033 |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD Million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Drug Class, Route of Administration, Distribution Channel, End Users, Region |
| Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East & Africa (MEA) |
| Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Singapore, Thailand, Indonesia, China, Japan, South Korea, Australia, New Zealand, GCC, South Africa, Israel |
| Key Companies Profiled | Abbott; Allergan; F. Hoffmann-La Roche Ltd.; GlaxoSmithKline plc; Merck Sharp & Dohme Corp.; Novartis AG; Sanofi; Pfizer Inc.; Teva Pharmaceutical Industries Ltd.; Bayer AG; Viatris; Sun Pharmaceutical Industries Ltd.; Lilly; Aurobindo Pharma; Lupin; AstraZeneca; Johnson & Johnson Private Limited; Boehringer Ingelheim International GmbH; Dr. Reddy’s Laboratories Ltd.; Bristol-Myers Squibb Company |
| Customization | Available Upon Request |
The bartonellosis therapeutics market is worth USD 1.2 billion in 2023.
The bartonellosis therapeutics market is predicted to rise at a 12% CAGR through 2033.
The bartonellosis therapeutics market is estimated to be worth USD 3.72 billion by 2033.
Antibiotics are highly preferred, constituting 50% of all bartonellosis treatments.
The United States is projected to thrive at an 11.7% CAGR through 2033.
Healthcare
June 2023
REP-GB-13025
273 pages
Healthcare
November 2022
REP-GB-1451
250 pages
Explore Healthcare Insights
View Reports
Bartonellosis Therapeutics Market
