Macrolide Drugs Market Is Likely to Experience a Tremendous Growth by 2029
Macrolide drugs market is anticipated to grow at a significant CAGR during the forecast period. Macrolides are a class of antibiotics that includes erythromycin, roxithromycin, azithromycin and clarithromycin and are used in the treatment of respiratory, skin, soft tissue, sexually transmitted, H. pylori and atypical mycobacterial infections. The major factor for the growth of the market during the forecast period is the growing demand for antibiotics.
Additionally, the market is also
growing owing to the rising prevalence of bacterial skin infections along with
supportive government policies and legislation. Moreover, North America held
the largest share in the market in 2020 owing to the well-developed healthcare
infrastructure, increased R&D activities by the pharmaceutical companies as
well as rapid adoption of new along with better healthcare technologies.
Some major players in the market
include GlaxoSmithKline plc, Novartis AG, and Pfizer Inc., among others. The
market players are contributing significantly to the growth of the market by
the adoption of various strategies including mergers & acquisitions,
geographical expansion, partnerships and collaborations, and new product
launches, to stay competitive in the market. For instance, in March 2018,
Macrolide Pharmaceuticals announced that it received a CARB-X award of up to
$6.8M to support the development of a novel fully synthetic, orally available
macrolide antibiotic with Gram-negative activity, to treat serious infections
including drug-resistant complicated urinary tract infections (cUTI).
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Market Coverage
•
The market number available for – 2022-2030
•
Base year- 2022
•
Forecast period- 2022-2030
Segment
Covered-
•
By Drugs
•
By Route of Administration
•
By Infection
•
By End-User
Regions
Covered-
•
North America
•
Europe
•
Asia-Pacific
•
Rest of the World
Competitive
Landscape- GlaxoSmithKline plc, Novartis AG, and Pfizer Inc., among others.
Macrolide Drugs Market Report
by Segment
By Drugs
•
Azithromycin
•
Clarithromycin
•
Erythromycin
•
Fidaxomicin
•
Telithromycin
By Route of
Administration
•
Oral
•
Parenteral
By Infection
•
Mycoplasma Pneumoniae
•
Legionella SP
•
Bordetella Pertussis
•
Symptomatic Cat-Scratch Disease
•
Bacillary angiomatosis
•
Peliosishepatis
•
Cerebral Toxoplasmosis
•
Uncomplicated Skin Infections
By End-User
•
Hospital
•
Dermatology Clinic
•
Ambulatory Center
•
Research Laboratories
A full Report of Macrolide Drugs Market is Available
@ https://www.omrglobal.com/industry-reports/macrolide-drugs-market
Macrolide Drugs Market Report
by Region
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East & Africa
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