Cephalosporin Market Scope
Cephalosporin is a bactericidal, broad-spectrum, β-lactam antibiotic originally derived from the fungus Acremonium. It is used to treat an extensive variety of bacterial infections, such as skin infections, respiratory tract infections, and urinary tract infections, among others. Cephalosporins are administered through oral and injections. Based on the type, the market has been segmented into branded and generics. The Rising Incidences of Pneumonia, Tonsillitis, Bronchitis, and Gonorrhea is the primary key factor driving the growth of the market.
According to AMA, the Global Cephalosporin market is expected to see growth rate of 2.1%
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Cephalosporin market throughout the predicted period.
Allergan Plc. (Ireland), Bristol-Myers Squibb Company (United States), F.Hoffmann-La Roche Ltd. (Switzerland), GlaxoSmithKline Plc. (United Kingdom), Lupin Limited (Lupin Pharmaceuticals, Inc.) (India), Merck & Co. Inc. (United States), Novartis International AG (Switzerland), Pfizer Inc. (United States), Sanofi (France) and Teva Pharmaceutical Industries Ltd (Israel) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Eli Lilly and Company (United States), Bayer HealthCare (Germany), Sun Pharmaceutical (India) and Shionog (Japan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Cephalosporin market by Type (Branded and Generics), by Application (Respiratory Tract Infection, Skin Infection, Ear Infection, Urinary Tract Infection, Sexually Transmitted Infection and Others) and Region with country level break-up.
On the basis of geography, the market of Cephalosporin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 18 March 2019, Allergan plc. has announced that the U.S. Food and Drug Administration (FDA) has approved the company's supplemental New Drug Application (sNDA) for AVYCAZ (ceftazidime and avibactam), expanding the label to include pediatric patients 3 months and older for the treatment of complicated intra-abdominal infections (cIAI) in combination with metronidazole and complicated urinary tract infections (cUTI).
Market Trend
- Increased Use of Third-Generation Cephalosporin Antibiotics
Market Drivers
- The Rising Incidences of Pneumonia, Tonsillitis, Bronchitis, and Gonorrhea
- Increase in R&D Activities to Develop Highly Efficient & Safe Drugs
- The upsurge in Use of Combination Therapies
- The rise in Funding For the Development of Antibiotics
Opportunities
- Discovery of Advanced Prospect Molecules
- Introduction of Novel Combination Therapies to Treat Antibiotic-Resistant Microbial Infections
Restraints
- Side Effects Associated With Cephalosporin
- Uncertain Regulatory Reforms
- Antibiotic Resistance to Cephalosporin, And fewer Drugs in Pipeline
Key Target Audience
Cephalosporin Drugs & Injections Manufacturers, Cephalosporin Drugs & Injections Traders/Distributors/Wholesalers, Cephalosporin Drugs & Injections Importer/Exporter, Regulatory & Government Bodies, Research & Consulting Firms, Downstream Vendors and Others