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Aminoglycosides Antibiotics Market Size Analysis, Industry Outlook, Regional Forecast 2021-2027| Jemicare, Teva, Novartis, Fangyuan-pharma

08-10-2021 05:19 PM CET | Health & Medicine

Press release from: INFINITY BUSINESS INSIGHTS

There are several distinct antibiotics in the aminoglycoside class. The aminoglycosides are most commonly employed in the treatment of serious infections caused by aerobic gram-negative bacteria. The US Food and Drug Administration (FDA) has approved gentamicin, tobramycin, amikacin, plazomicin, streptomycin, neomycin, and paromomycin for clinical use in the United States. Gentamicin, tobramycin, and amikacin are the most commonly prescribed antibiotics for systemic treatment via intramuscular or intravenous injection. In 2020, the global Aminoglycosides Antibiotics market size was US$ 1043.9 million and it is expected to reach US$ 1083.1 million by the end of 2027, with a CAGR of 0.5% during 2021-2027.

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Top Key Players Included in Aminoglycosides Antibiotics Market Report: Jemicare, Teva, Novartis, Fangyuan-pharma, Aike Pharmaceutical, Cipla, Pfizer, Fresenius Kabi, Sun Pharma, Hikma, and Lannett Company

With the expanding success of the Aminoglycosides Antibiotics market, worldwide market competition is increasing, and market participants are striving for a larger piece of the market. They are concentrating their efforts on new and sophisticated technology investments. Population growth, rising healthcare expenditures, and increased awareness of advantages are all key drivers driving market expansion. Launch of next-generation products and research breakthroughs are two major trends in the global industry.

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Aminoglycosides Antibiotics Market segment by Type:
Neomycin
Tobramycin
Gentamicin
Amikacin
Etimicin
Others

Aminoglycosides Antibiotics Market segment by Application:
Hospital
Clinic
Post Care Facility
Government & Military
Others

The Aminoglycosides Antibiotics market was disturbed due to the stoppage of patient enrollment, according to an infinite Business Insights research. The impact varied throughout the year due to variations in COVID-19 case volumes, but the worst effect was noted in April 2020.

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