The Vietnam Gram-Negative Infection Therapeutics Market was valued at $74.4 Mn in 2023 and is predicted to grow at a CAGR of 6.13% from 2023 to 2030 to $112.8 Mn by 2030. This growth is fuelled by factors such as the increasing prevalence of antibiotic resistance, elevated rates of colonization with resistant strains, and rising mortality rates. Key players in this market include Merck, Takeda, Novartis, and other notable companies.
The Vietnam Gram-Negative Infection Therapeutics Market was valued at $74.4 Mn in 2023 and is predicted to grow at a CAGR of 6.13% from 2023 to 2030 to $112.8 Mn by 2030.
Gram-negative bacterial infections present a global health challenge due to increasing antimicrobial resistance (AMR), affecting diverse bacteria like Escherichia coli, Klebsiella pneumoniae, Acinetobacter baumannii, and Pseudomonas aeruginosa. Found in various healthcare settings, they lead to multiple illnesses like UTIs, bloodstream infections, and pneumonia. Rising AMR rates, including ESBL production and carbapenem resistance, highlight the urgent need for interventions. Challenges include limited diagnostic access and inappropriate antibiotic prescribing. Addressing this requires collaborative efforts involving healthcare sectors and policymakers, including enhanced surveillance, antimicrobial stewardship, and infection control measures.
The disease burden in Vietnam is significant, with a high prevalence of gram-negative infections. In 2020, approximately one-third of infections were attributed to gram-negative bacteria exhibiting concerning resistance to broad-spectrum antibiotics. Market growth is increased by the rising prevalence of antibiotic resistance, high rates of colonization with resistant strains, and increasing mortality rates. However, restricted healthcare accessibility, resource limitations, and regulatory framework ambiguity restrain the market.
Market Growth Drivers
Increasing Prevalence of Antibiotic Resistance: 35.6% of isolates were gram-negative bacteria in 2020. It is estimated that approximately one-third of infections were attributed to gram-negative bacteria exhibiting concerning resistance to broad-spectrum antibiotics. In 2020, 84.2% of Escherichia coli (E. coli) isolates showed resistance to at least one antibiotic, with 64.1% displaying resistance to three or more antibiotics. For Klebsiella pneumoniae isolates, 71.4% demonstrated resistance to at least one antibiotic, while 51.4% resisted three or more antibiotics.
Elevated Incidence of Resistant Strains Colonization: Numerous Vietnamese hospitals report heightened colonization rates of carbapenem-resistant Enterobacteriaceae (CRE) in neonatal and pediatric intensive care units, with central hospitals observing a significant rate of CRE colonization upon admission, indicating preexisting colonization in many patients.
Escalating Mortality Rates: Mortality rates correlate with CRE's resistance mechanisms, virulence factors, and susceptibility patterns. Colistin-resistant CRE strains exhibit higher crude mortality rates than carbapenem-resistant strains, underscoring the severity of the situation.
Market Restraints
Restricted Healthcare Accessibility: Scarce access to healthcare services in various regions leads to delays in diagnosing and treating gram-negative infections, impeding market growth.
Resource Limitations: Insufficient medical infrastructure and a shortage of skilled personnel hamper the healthcare system's capacity to manage gram-negative infections effectively and address antimicrobial resistance.
Regulatory Framework Ambiguity: The absence of a defined regulatory framework introduces uncertainty and impedes pharmaceutical companies and healthcare providers in developing and executing effective strategies to tackle these pressing healthcare challenges.
In Vietnam, reimbursement for gram-negative infections is complex and influenced by factors like financial and healthcare burdens of antimicrobial resistance (AMR). The Vietnamese Social Security (VSS) health insurance program emphasizes affordability, requiring companies to prove their drugs' value through improved patient outcomes and cost-effectiveness analyses. Negotiations with the Ministry of Health (MOH) for pricing are made daily for inclusion on the reimbursement list, prioritizing highly effective drugs targeting critical MDR infections. The Drug Administration of Vietnam (DAV) oversees drug approval and import permits, referencing international regulatory authorities like WHO, EMA, and FDA for compliance and registration facilitation.
Key Players
Here are some of the major key players in the Vietnam Gram-Negative Infection Therapeutics Market:
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Drug Types
By Infection Types
By Route of Administration
By Distribution Channel
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