Hospital Infection Therapeutics Market Size, Share, and Trends 2024 to 2034

Hospital Infection Therapeutics Market Size and Manufacturers

The global hospital infection therapeutics market size accounted for USD 11.77 billion in 2022 and is projected to hit around USD 15.66 billion by 2032, poised to grow at a CAGR of 2.9% between 2023 and 2032.

Hospital infections, also known as nosocomial infections, occur in a hospital setting and are not present or incubating before the patient's admission. Hospital infections can be caused by various pathogens, including bacteria, viruses, and fungi. These infections can range from mild to severe, leading to prolonged hospital stays, increased healthcare costs, and even death.

The hospital infection therapeutics market is focused on developing and selling drugs and treatments that target these infections. The market is driven by the growing incidence of hospital infections, increasing demand for effective treatment options, and the rising awareness of the need to prevent hospital infections.

Key Takeaways:

• North America region dominated the global market and generated to the largest market share in 2022.
• By Drug Type, the antibiotics drugs segment captured for a significant market share in 2022.
• By Applications, the bloodstream infections segment recorded for the largest market share in 2022.

Hospital Infection Therapeutics Market Scope:

Hospital Infection Therapeutics Market Dynamics:

Driver:

Increasing prevalence of hospital-acquired infections (HAIs)

Hospital-acquired infections refer to infections acquired during hospitalization, often due to exposure to pathogens such as bacteria, viruses, or fungi. These infections can be challenging to treat and, in some cases, can lead to severe complications or even death. According to the World Health Organization (WHO), HAIs affect hundreds of millions of patients worldwide every year, causing significant morbidity, mortality, and economic burden.

In the United States alone, the centers for disease control and prevention (CDC) estimates that approximately one in 31 hospital patients has an HAI, resulting in tens of thousands of deaths and billions of dollars in additional healthcare costs each year. As a result, there is a growing demand for effective treatments and preventive measures for HAIs.

This has led to increased investment in the research and development of new therapeutics and technologies to prevent and treat hospital infections. Additionally, regulatory agencies and healthcare organizations worldwide have introduced guidelines and initiatives to reduce the incidence of HAIs, further stimulating the growth of the hospital infection therapeutics Market.

Rising demand for advanced healthcare facilities

As healthcare facilities evolve and improve, the demand for advanced hospital infection therapeutics is also increasing. Hospitals and other healthcare facilities are investing in advanced infection control technologies and solutions, which require advanced therapeutics to be effective. Moreover, the increasing demand for minimally invasive surgeries and procedures drives the demand for hospital infection therapeutics, as these procedures carry a high risk of infection.

Restraints:

Antibiotic resistance

Antibiotic resistance is a significant concern for the hospital infection therapeutics market as it limits the effectiveness of antibiotics in treating infections. The overuse and misuse of antibiotics have led to the emergence of antibiotic-resistant strains of bacteria, making it challenging to treat hospital-acquired infections. This is a global issue that affects both developed and developing countries.

The development of new antibiotics is slow, costly, and often not financially attractive for pharmaceutical companies, which creates a gap in the market for effective treatments. Additionally, regulatory agencies have become more stringent in their approval process for new antibiotics due to the emergence of antibiotic-resistant strains of bacteria, which significantly hinder the development and commercialization of new drugs.

Opportunity:

Technological advancements

The technological advancements in diagnostics, drug delivery, and treatment monitoring are expected to create ample opportunity for the hospital infection therapeutics market. For instance, the development of rapid diagnostic tests and point-of-care devices helps healthcare professionals to quickly diagnose and treat hospital-acquired infections, which leads to better patient outcomes and reduces the risk of spreading infections.

Additionally, telemedicine and digital health platforms improve patient access to healthcare services and enable remote monitoring of patients with hospital-acquired infections. Moreover, the emergence of new drug delivery systems, such as nanoparticles and liposomes, improves drug efficacy and reduces toxicity, enhancing hospital infection therapeutics' effectiveness.

Therefore, technological advancements create new opportunities for pharmaceutical companies to develop innovative products and services that meet the growing demand for effective hospital infection therapeutics.

COVID-19 Impact:

The COVID-19 pandemic has significantly impacted the hospital infection therapeutics market. The pandemic has led to an increase in hospital-acquired infections, including COVID-19 infections, which has resulted in a growing demand for effective therapeutics to treat and prevent these infections.

The increased demand for antiviral drugs has been one of the most significant impacts of the COVID-19 pandemic on the hospital infection therapeutics market. The COVID-19 virus is a highly contagious respiratory virus that has resulted in a surge in hospitalizations, particularly in patients with severe symptoms. The development of effective antiviral drugs has become a critical area of focus for researchers and pharmaceutical companies, leading to increased research and development activities in this area.

Additionally, the COVID-19 pandemic has highlighted the importance of infection control measures and the need for effective infection prevention and control strategies. The pandemic has led to the implementation of strict infection control guidelines and regulations in healthcare settings, which has increased the demand for effective therapeutics for the treatment and prevention of hospital-acquired infections.

Drug Type Insights:

In 2022, the antibiotics drugs segment accounted for a significant market share. Antibiotic drugs are the most commonly used drugs for treating hospital-acquired infections. They work by killing or inhibiting the growth of bacteria and are used to treat a wide range of infections, such as pneumonia, bloodstream infections, and urinary tract infections.

The development of this segment in the hospital infection therapeutics market is attributed to several factors. Bacterial infections are among the most common infections acquired in healthcare settings, and antibiotics are the most effective treatment drugs. The high prevalence of bacterial infections has created a strong demand for antibiotics drugs in the hospital infection therapeutics market. 

Moreover, antibiotics have a long history of use and are well-established drugs, making them a go-to option for many healthcare providers. Antibiotic drugs are available in various forms, including oral, intravenous, and topical, making them versatile drugs that can be used in multiple clinical settings.

Furthermore, the emergence of antibiotic-resistant bacteria has increased the demand for new and innovative antibiotic drugs. Developing new antibiotics drugs is costly and time-consuming, but there is a growing need for effective drugs that treat antibiotic-resistant bacteria.

Application Insights:

In 2022, the bloodstream infections segment accounted for the highest market share. Bloodstream infections, also known as sepsis or bacteremia, are serious infections that occur when bacteria or other pathogens enter the bloodstream. They are caused by a wide range of microorganisms, including bacteria, viruses, and fungi, and result in severe complications, such as septic shock, organ failure, and death. Bloodstream infections significantly cause morbidity and mortality in hospital settings, particularly in critically ill patients.

The growth of this segment is due to several factors. Bloodstream infections are a common and serious problem in healthcare settings, particularly critically ill patients with invasive medical devices such as central venous catheters. These devices provide a pathway for bacteria to enter the bloodstream, which results in infections.

Moreover, bloodstream infections are challenging to diagnose and treat, leading to a strong demand for effective therapeutics in this area. Diagnosing bloodstream infections requires the collection of blood samples for culture and analysis, which is time-consuming and may delay the initiation of treatment. Additionally, the emergence of antibiotic-resistant bacteria has made the treatment of bloodstream infections more challenging, which has increased the demand for new and innovative therapeutics.

Regional Insights:

In 2022, North America dominated the hospital infection therapeutics market holding the highest market share. The region includes countries like the United States and Canada, with well-established healthcare systems and advanced infrastructure. The high prevalence of hospital-acquired infections in North America is a significant factor driving the market growth. Hospital-acquired infections are a significant problem in the region, with millions of patients being affected each year.

The growing incidence of antibiotic-resistant infections in the region has further increased the demand for effective therapeutics, contributing to North America's market growth. The growth of this region is also driven by increasing healthcare expenditure.

The high healthcare expenditure has led to the development of advanced healthcare infrastructure, including hospitals and clinics equipped with modern medical equipment and technology.

Recent Developments:

• In April 2022, Pfizer entered a definitive agreement to acquire ReViral, a clinical-stage biopharmaceutical company focused on developing antiviral therapeutics for the respiratory syncytial virus (RSV). The acquisition aims to expand Pfizer's presence in the field of antiviral therapeutics and support its efforts to develop new treatments for RSV and other respiratory infections.
• In Dec 2021, Merck, also known as MSD outside the United States and Canada, along with Ridgeback Biotherapeutics, announced that their antiviral drug molnupiravir has received Emergency Use Authorization (EUA) from the US Food and Drug Administration (FDA) for the treatment of COVID-19. This is a significant milestone in the global effort to combat the COVID-19 pandemic and adds to Merck's history of developing innovative drugs that address major health threats and improve patient outcomes. 
• In June 2020, Merck announced that Recarbrio, a drug designed to target hospital-acquired infections at its source, has received approval for a supplemental New Drug Application from the US Food and Drug Administration (FDA). The approval of Recarbrio represents a significant development in hospital infection therapeutics. 

Hospital Infection Therapeutics Market Companies:

Market players attempt to increase their market share through investments, partnerships, acquisitions, and mergers. Businesses are also investing in the development of new products. Furthermore, they are concentrating on maintaining competitive pricing. Some of the prominent market players include:

• Merck & Co., Inc.
• Pfizer Inc.
• Bayer AG
• GlaxoSmithKline Plc.
• Daiichi Sankyo Company, Limited
• AbbVie Inc. 
• Abbott Laboratories 
• F. Hoffmann-La Roche Ltd 
• Allergan Plc.
• AstraZeneca

Segments Covered in the Report:

By Drug Type

• Antibiotics Drugs
• Antifungal Drugs
• Antiviral Drugs
• Others

By Applications

• Bloodstream Infections
• Pneumonia
• Surgical Site Infections
• Urinary Tract Infections
• Gastrointestinal Disorders
• Other Hospital Infections

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa