What is Amoxicillin Market?
Over the past few decades, the rise in the prevalence of respiratory infections, rising awareness regarding bacterial infections and antibiotics, and the presence of major players are likely to drive the Amoxicillin market. Amoxicillin is in a class of medications called penicillin-like antibiotics, it is used to treat infections caused by bacteria, such as bronchitis, pneumonia, and infections of the ears, nose, throat, urinary tract, and skin. It is also used in combination with other medications to eliminate H. pylori, a bacteria that causes ulcers. It works by stopping the growth of bacteria. Moreover, it also used to treat Amoxicillin also is sometimes used to treat Lyme disease, to prevent anthrax infection after exposure, and to treat anthrax infection of the skin. According to the World Health Organization Amoxicillin, and Amoxicillin in combination with Clavulanic Acid are the most frequently used antibiotics globally. Thus the demand for the Amoxicillin drug in the market
The market study is being classified, by Application (Skin Infections, ENT (Ear, Nose & Throat) Infections, Stomach Infections, Lungs Infections, Urinary tract infections (UTI), Pneumonia, Bronchitis and Gonorrhea) and major geographies with country level break-up.
United Laboratories (United States), GSK (United Kingdom), Novartis (Switzerland), Centrient Pharmaceuticals (Netherlands), Teva Pharmaceuticals (Israel), CSPC (China), Cipla (India), Hikma (United Kingdom), Dr. Redy (United States) and Sun Pharma (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Mylan (United States) and Aurubindo (India).
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States & United Kingdom Players will contribute to the maximum growth of Global Amoxicillin market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Amoxicillin market by Type, Application and Region.
On the basis of geography, the market of Amoxicillin 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The Rise in the prevalence of infectious diseases
- Increasing awareness of various diseases and their treatment are the major factors contributing to the growth
Restraints
- The adverse effect of the Amoxicillin drug can affect health
Opportunities
- The rise in the cases of respiratory tract infection diseases across the world and the vulnerable aging population as this population is offers of the major opportunity for growth in the market
Challenges
- The patent registration process of national regulation authorities
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Amoxicillin Manufacturer, Government Regulatory and Research Organizations and End-Use Industry