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Amoxicillin Market Poised for Steady Growth in the Future 2026

02-05-2019 06:48 PM CET | Health & Medicine

Press release from: Transparency Market Research

Amoxicillin Market Poised for Steady Growth in the Future 2026

Amoxicillin is an antibiotic which specifically treats bacterial infections. Amoxicillin comes under the Penicillin category of antibiotics, under the class of Beta Lactam and Amino Penicillin. It is a widely prescribed and used antibiotics, generally given with the combination of Clavulanic Acid. As per the World Health Organization (WHO), Amoxicillin and Amoxicillin in combination with Clavulanic Acid are the most frequently used antibiotics globally. Amoxicillin is used in a number of bacterial infections, such as, respiratory tract infections, middle ear infections, pneumonia, urinary tract infections, skin infections, and dental infections. It works on the principle of inhibiting the growth of bacterial wall synthesis. Amoxicillin is prescribed mostly to children for antibacterial purposes and should be avoided in patients allergic to Penicillin.

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Rise in prevalence of infectious diseases and growing awareness of various diseases and their treatment are the major factors contributing to the growth of the global Amoxicillin market. According to the WHO, in 2013, pneumonia was responsible for one-fifth of the deaths among children globally and around 1.1 million children die due to pneumonia every year. In every 30 seconds, a child of less than five years of age dies due to pneumonia in the world. According to the National Kidney Foundation, urinary tract infection is second highly common infection globally and women are more prone to it.

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According to the Foundation, around 30 million adults suffer from chronic kidney diseases. Furthermore, rise in awareness regarding various infectious diseases and their treatment is propelling the growth of the global Amoxicillin market. Special regulatory provisions and higher efficacy of Amoxicillin toward urinary tract infections and upper and lower respiratory infections are the other key factors driving the global Amoxicillin market. However, growing antibiotic resistance and slow registration process of national regulation authorities are anticipated to affect the growth of the global Amoxicillin market during the forecast period.

The global Amoxicillin market can be segmented based on dosage form, indication, distribution channel, and region. In terms of dosage form, the global Amoxicillin market can be classified into capsule, tablet, and suspension. The tablet segment dominates the Amoxicillin market and is expected to retain its position during the forecast period owing to low cost of the tablet as compared to that of the other oral dosage forms, storage convenience as tablet form does not require refrigeration and ease of administration being unit dosage form.

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On the basis of indication, the global Amoxicillin market can be divided into respiratory tract infection, skin infection, chest infection, ear infection, urinary tract or kidney infection, bacterial endocarditis, and others. Respiratory tract infection is expected to dominate the market due to rise in prevalence of respiratory diseases, such as, pneumonia among children and efficacy of Amoxicillin against this disease. In terms of distribution channel, the global Amoxicillin market can be categorized into hospital pharmacies, retail pharmacies, and online pharmacies. Retail pharmacies held a major share of the market due to their easy access and wide availability across regions.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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