Catheter Related Bloodstream Infection (CRBSI) Market Proposal, Demand And Trade Analysis 2023 to 2033
The Catheter Related Bloodstream Infection (CRBSI) Market is anticipated to reach US$ 44.67 billion in 2023 and US$ 80 billion by 2023 to 2033 at a CAGR of 6%. The rise in the market for catheter-related bloodstream infections can be linked to the rise in the number of persons who experience urine infections. The market for catheter-related bloodstream infections increased historically at a CAGR of 4.5% from 2017 to 2022.
An increasing number of surgeries due to a rise in the number of chronic ailments such as diabetes, cardiovascular disorders, urological disorders, end-stage renal diseases, and other chronic conditions is expected to increase the adoption rate of catheters. This, in tun, is expected to increase the chances of patients suffering from catheter-related bloodstream infection market.
To learn more about this report: https://www.futuremarketinsights.com/reports/catheter-related-bloodstream-infection-crbsi-market
Furthermore, technological advancements play crucial role in fueling the market growth. For instance, miniaturized catheters and introduction of antimicrobial catheters are expected to reduce catheter-associated infections Although major players are innovating, launching and introducing safer catheters, the limited expansion of the same is contributing to the market for catheter-related bloodstream infusions.
Key Takeaways from the Market Study
By distribution channel, hospital pharmacies are expected to possess 40% market share for catheter-related bloodstream infections market in 2023.
By drug class, antimicrobial catheters are expected to possess 35% market share for catheter-related bloodstream infections in 2023.
North America is expected to possess 35% market share for catheter-related bloodstream infection market in 2023.
Asia Pacific is expected to possess 30% market share for catheter-related bloodstream infection market in 2023.
“Rise in prevalence of diseases that require catheter are increasing the number of patients suffering from catheter-related bloodstream infections. This, in turn, is supporting the growth of the market.” states a FMI analyst
Competitive Landscape
Key players in the catheter-related bloodstream infection are Xellia Pharmaceuticals Ltd, Pfizer, Glenmark Pharmaceuticals Ltd, Fresenius Medical Care, CorMedix, TauroPhar GmbH, Geistlich Pharma, Citus Pharmaceuticals, AstraZeneca Pharma India Ltd, Merck Sharp & Dohme Corp
In August 2021, Xellia Pharmaceuticals (‘Xellia’), a global leader in the manufacturing of specialty anti-infective treatments, announced that its manufacturing site in Cleveland, Ohio is now commercially operational and has released the first anti-infectives manufactured at the site, to be distributed for use by US hospitals.
In February 2020, CorMedix, Inc. announced that Neutrolin received grant from the U.S. Food and Drug Administration for the prevention of catheter-related bloodstream infections (CRBSIs) in hemodialysis patients.
Central line-associated bloodstream infection (CLABSI) is an infection that occurs when bacteria or other microorganisms enter the bloodstream through a catheter. Catheters are medical devices that are inserted into the body to deliver fluids, medications, or nutrition. They are commonly used in hospitals, long-term care facilities, and in the home for patients who require ongoing medical treatment.
Key Companies Profiled:
Xellia Pharmaceuticals Ltd.
Pfizer
Glenmark Pharmaceuticals Ltd.
Fresenius Medical Care
CorMedix
TauroPhar GmbH
Geistlich Pharma
Citus Pharmaceuticals
AstraZeneca Pharma India Ltd.
Merck Sharp & Dohme Corp
Key Segments Profiled in the Catheter-Related Bloodstream Infection Market Industry Survey
Drug Class:
Non-antibiotic
Anti-infective
Antimicrobial
Pathogens:
Contaminated Catheter Hub
Contaminated Infusate
Skin Insertion
Hematogenous
Source of Infection:
Aureus
Aeruginsa
CONS
Baumanii
Coli
Pnemoniae
Candida sp
Route of Administration:
Oral
Intravenous
Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies