A recent report published by Infinium Global Research on cephalosporin drugs market provides in-depth analysis of segments and sub-segments in the global as well as regional cephalosporin drugs market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional cephalosporin drugs market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global cephalosporin drugs market. According to the report, the global cephalosporin drugs market is projected to grow at a CAGR of 3.5% over the forecast period of 2019-2025.
Cephalosporin is an assembly of semisynthetic, broad-spectrum antibiotics, that are mostly used for the treatment of bacterial infections. Cephalosporin drugs are an innovative class of antibiotics and frequent alternative to penicillin for numerous patients. Moreover, clinical studies are ongoing for comparing this class of antibiotics to penicillin for fighting against various infections. Cephalosporin drugs are used to treat infections in different parts of the body such as ears, nose, throat, lungs, sinuses, and skin. Further, these drugs are also prescribed to treat pneumonia, strep throat, staph infections, tonsillitis, bronchitis, and gonorrhea.
Rising the occurrence of infectious diseases, increasing consciousness among patients about these drugs, multiple treatment options and growing demand for anti-microbial in several symptoms are considered to be prime factors driving the growth of the cephalosporin drug market. Multiple benefits associated with cephalosporin drugs, the growing use of a combination therapies and the growing the occurrence of people suffering from pneumonia, tonsillitis and other diseases are some of the other factors boosting the growth of cephalosporin drugs market. Moreover, the development of highly efficient and safe cephalosporin drugs and increasing mergers and acquisition of companies for manufacturing these drugs are likely to generate the growth opportunity for cephalosporin drugs market in the upcoming years. On the flip side, low investment in R&D activities and strict government policies regarding these drugs are hampering the growth of the market.
In terms of geographies, the Asia Pacific region is anticipated to dominate the growth of the cephalosporin drugs market. Factors such as the growing consumption of cephalosporin, growing healthcare expenditure, upsurge in bacterial infection, growth in the aging population developed healthcare infrastructure and government taking initiatives are some of the major factors driving the growth of the cephalosporin drugs market in the Asia Pacific region.
The report on global cephalosporin drugs market covers segments such as generation of cephalosporin, drug administration, and application. On the basis of generation of cephalosporin, the sub-markets include first-generation, second-generation, third-generation, and other generation of cephalosporins. On the basis of drug administration, the sub-markets include injection, and oral. On the basis of application, the sub-markets include respiratory tract infection, ear infection, skin infection, and urinary tract infection,
The report provides profiles of the companies in the market such as ALLERGAN, Astellas Pharma Inc., Bristol-Myers Squibb Company, GlaxoSmithKline Plc, Merck KGaA, Abbott Laboratories, Aspen Holdings, AstraZeneca, Johnson & Johnson Services, Inc., Sun Pharmaceutical Industries Ltd., and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of cephalosporin drugs market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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