Antibiotic Resistance Market Projected to Hit US$ 17.8 Billion by 2033 with a CAGR of 5.3% | Persistence Market Research

Explore the Antibiotic Resistance Market: Discover the latest trends, key players, and innovative solutions tackling the global healthcare challenge of antibiotic resistance. Stay informed and make informed decisions in this critical healthcare sector

New York, Jan. 12, 2024 (GLOBE NEWSWIRE) -- The growing demand for new antibiotic therapies to combat antibiotic resistance is a prominent driver in the global market. In a July 2023 Science Daily article, the World Health Organization (WHO) recognized antibiotic-resistant bacteria as a major global health threat. A recent breakthrough by Adela Melcrova, a biophysicist at the University of Groningen in the Netherlands, unveiled the unique mechanism of the relatively new antibiotic AMC-109.

This antibiotic disrupts the organization of bacterial cell membranes, setting it apart from most other antibiotics. This discovery holds great promise for future treatments and drug development.Worldwide revenue from the antibiotic resistance market stands at US$ 10.1 Bn in 2022, with the global market estimated to surge ahead at a CAGR value of 5.3% to reach a valuation of US$ 17.8 Bn by the end of 2033. Antimicrobial resistance (AMR) is a significant menace to the global economy, impacting international trade, healthcare expenditures, and productivity. As per a May 2023 WHO article, the WHO, in collaboration with the Global AMR R&D Hub, presented a report to G7 Finance and Health Ministers outlining progress in encouraging the development of new antibacterial treatments. The Global AMR R&D Hub, a collaborative initiative involving countries and organizations, adopts a One Health approach to enhance coordination in global AMR R&D. This collaborative endeavor is substantially driving market demand.

The worldwide escalation of antibiotic resistance represents a major threat, diminishing the efficacy of common antibiotics against widespread bacterial infections. According to a November 2023 WHO article, the Global Antimicrobial Resistance and Use Surveillance System (GLASS) report sheds light on resistance rates observed in prevalent bacterial pathogens. Additionally, the report discloses median rates of 42% for third-generation cephalosporin-resistant E. coli and 35% for methicillin-resistant Staphylococcus aureus in 76 countries. Of particular concern is the revelation that 1 in 5 cases of urinary tract infections caused by E. coli displayed reduced susceptibility to standard antibiotics like ampicillin, co-trimoxazole, and fluoroquinolones in 2020. This escalating difficulty in treating common infections intensifies the growing public health concern and awareness surrounding antibiotic resistance in the market.