PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1574948
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1574948
CRBSI Treatment Market size was valued at USD 1,530.32 Million in 2023, expanding at a CAGR of 5.20% from 2024 to 2032.
CRBSI stands for Catheter-Related Bloodstream Infections. It happens when bacteria enter the bloodstream through a catheter, a tube used for medical treatments. The treatment market for CRBSI includes various products and therapies designed to prevent and manage these infections. This market offers antibiotics, antiseptics, and advanced catheter designs that reduce infection risk. Hospitals and healthcare providers invest in these solutions to improve patient safety and outcomes. The goal is to minimize infections, which can lead to serious health issues and longer hospital stays.
CRBSI Treatment Market- Market Dynamics
The prevalence of catheter-related infections boosts demand for effective treatments.
The rising prevalence of catheter-related bloodstream infections (CRBSI) is a significant driver for the CRBSI treatment market. Growing awareness among patients and healthcare providers about the risks associated with CRBSIs is leading to a greater emphasis on prevention strategies. As the healthcare sector prioritizes patient safety and strives to reduce hospital-acquired infections, the demand for CRBSI treatments continues to grow, making it a crucial area for research and development in the healthcare market.
According to the Centers for Disease Control and Prevention (CDC), about 250,000 cases of bloodstream infections occur in the U.S. each year, with many linked to central line catheters. This highlights the urgent need for effective treatments and preventive measures. Healthcare institutions are increasingly adopting advanced infection control protocols, such as antimicrobial-impregnated catheters, and enhanced training for healthcare staff on catheter care.
CRBSI Treatment Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 5.20% over the forecast period (2024-2032)
Based on Drug Class segmentation, Vancomycin was predicted to show maximum market share in the year 2023
Based on indication, Bacterial Infections was the leading type in 2023
Based on Route of Administration segmentation, Injectable was the leading type in 2023
based on Region, North America was the leading revenue generator in 2023
The Global CRBSI Treatment Market is segmented based on Drug Class, Route of Administration, Indication, and Region.
The market is divided into Seven categories based on Drug Class: Cloxacillin, Ceftazidime, Cefazoline, Daptomycin, Vancomycin, Teicoplanin, Echinocandin, and Others. Vancomycin is the most dominant segment in the CRBSI treatment market. This antibiotic works well against methicillin-resistant Staphylococcus aureus (MRSA), which often causes these infections. Healthcare providers like it because it is reliable and effective against many types of bacteria. Vancomycin has been used for a long time and has a strong safety record, making it even more trusted. As antibiotic resistance increases, the need for effective treatments like Vancomycin is still high. Overall, its effectiveness and the trust of medical professionals keep it at the top of CRBSI treatment.
The market is divided into three categories based on the Indication: Bacterial Infections, Fungal Infections, Viral and Parasitic Infections, and Others. Bacterial infections are the biggest part of the CRBSI (Catheter-Related Bloodstream Infection) treatment market. bacteria are the most common cause of these infections and can lead to serious health problems. Treatments usually involve antibiotics, which are effective against many types of bacteria. The high number of bacterial infections in patients with catheters increases the demand for these treatments. Also, healthcare providers focus on quick solutions to reduce complications from bacterial infections, which helps this part of the market grow even more.
CRBSI Treatment Market- Geographical Insights
North America's catheter-related bloodstream infection (CRBSI) treatment market is growing quickly. This growth is mainly because more people are admitted to hospitals and using central venous catheters. Hospitals are focusing on better infection control, increasing the demand for effective treatments. Government support for infection control programs is also an important driver for this market. Stricter healthcare regulations encourage hospitals to adopt improved practices and products. As a result, patients are receiving safer and more effective care.
The catheter-related bloodstream infections (CRBSI) market is competitive and includes important companies like Bard Medical (BD), Medtronic, and Teleflex. Bard Medical is known for its innovative catheter designs. Medtronic offers a wide range of products around the world. Teleflex focuses on patient safety with advanced designs to prevent infections.
Smith's Medical specializes in vascular access and puts a strong emphasis on quality and safety. Fresenius Kabi is well-known for its critical care products, and AngioDynamics focuses on minimally invasive procedures. B. Braun Melsungen AG offers a variety of medical devices and values sustainability. These companies work hard to create new solutions and improve infection prevention, making the market active and dynamic.
In August 2023, Citius Pharmaceuticals, Inc. announced a significant milestone for the clinical trial of Mino-Lok, an antibiotic lock solution designed to preserve catheters in patients with catheter-related bloodstream infections. The company reported that all 92 required events to complete the trial have been achieved. Some patients are still undergoing treatment, which may result in additional events.
In July 2023, Teva Pharmaceuticals, Inc. and Alvotech revealed their intention to strengthen their existing strategic partnership aimed at developing and launching several biosimilar candidates. As part of this collaboration, Teva will invest an additional US$ 40 million by purchasing subordinated convertible bonds to be issued by Alvotech.