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India Oxytetracycline Market to be Dominated by Respiratory Infection Segment During the Forecast Period

01-07-2021 01:10 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: TechSci Research

India Oxytetracycline Market to be Dominated by Respiratory

Increase in number of infections is expected to drive the growth of India oxytetracycline market during the forecast period.

According to TechSci Research report,“India Oxytetracycline Market By Type (Pharmaceutical Grade, Veterinary Grade), By Route of administration (Oral, Intravenous, Topical), By Source (In-house v/s Contract Manufacturing Organizations), By Form (Tablet, Capsule, Injection, Ointment, Syrup), By Distribution Channel (Online v/s Offline), By Application (Urinary Tract Infection, Respiratory Infection, Skin, Eye and Ear Infections and Others), By Company, By Region, Forecast & Opportunities, FY2026”, the India oxytetracycline market is expected to grow at a steady rate during the forecast period. Oxytetracycline is a broad-spectrum antibiotic which is known to be effective against wide range of infections. Rising urinary tract infections caused by Escherichia coli and Pseudomonas aeruginosa, is resulting in high demand for oxytetracycline, due to which the market is expected to rev up in the next 5 years. Also, it is also used to treat spirochetal infections, clostridial wound infection and anthrax in patients that are sensitive to penicillin. This tends to create growth opportunities for oxytetracycline market over the forecast period. Growing investments in research and development activities by major market players is expected to drive the market growth in the forthcoming years. However, side effects of consuming oxytetracycline drug such as gastrointestinal and photosensitive allergic reactions can restrict the market growth over the next few years. Increased resistance to this antibiotic by some strains of bacteria, has decreased its effectiveness for treating some types of infections, which might act as major impediment to the market growth through FY2026.

Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on “ India Oxytetracycline Market”

https://www.techsciresearch.com/report/india-oxytetracycline-market/7229.html

The India oxytetracycline market is segmented based on type, route of administration, source, form, distribution channel, application, company, and region. Based on application, the market can be fragmented into urinary tract infection, respiratory infection, skin, eye and ear infections and others. The respiratory infection segment is expected to dominate the market in the coming years on account of increasing prevalence of pneumonia, whooping cough and other lower respiratory tract infections in the country. Based on route of administration, the market can be segmented into oral, intravenous, topical. The intravenous route of administration is expected to register high growth in the coming years on account of certain advantages it offers such as the response is very rapid, and the dosage of the drug can be easily controlled. Furthermore, intravenous route of administration is much useful in situations of poor gastrointestinal absorption, which is further forecasted to contribute to the growth of segment.

Alpa Laboratories Ltd., Jagsonpal Pharmaceuticals Ltd., Cadila Pharmaceuticals Ltd., Gracure Pharmaceuticals Ltd., Unicure India Pvt. Ltd., Pfizer Ltd. (Pharmacia India Pvt. Ltd.), Wockhardt Healthcare Ltd., Optho Remedies Pvt. Ltd., Cyper Drugs & Pharmaceuticals Pvt. Ltd., Bini Laboratories Pvt. Ltd and others are some of the leading players operating in India oxytetracycline market. Companies operating in the market are using organic strategies such as product launches, mergers and acquisitions and research collaborations to boost their market share and to expand their geographic reach.

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“India oxytetracycline market is expected to witness steady growth during the forecast period on account of growing adoption of oxytetracycline for treating infections such as chest infection psittacosis, eye infection trachoma, genital infection urethritis and pneumonia. Furthermore, new product developments by key market players is further expected to fuel the market growth through FY2026. Besides, infections of skin and skin structures is well treated by oxytetracycline which is expected to create lucrative opportunities for the market growth over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based India management consulting firm.

“India Oxytetracycline Market By Type (Pharmaceutical Grade, Veterinary Grade), By Route of administration (Oral, Intravenous, Topical), By Source (In-house v/s Contract Manufacturing Organizations), By Form (Tablet, Capsule, Injection, Ointment, Syrup), By Distribution Channel (Online v/s Offline), By Application (Urinary Tract Infection, Respiratory Infection, Skin, Eye and Ear Infections and Others), By Company, By Region, Forecast & Opportunities, FY2026”, has evaluated the future growth potential of India oxytetracycline market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India oxytetracycline market.

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About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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