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U.S. Vancomycin Market Was Valued At US$ 84.5 Mn in 2020 and Is Anticipated To Rise at the Highest CAGR over the Forecast Period

06-22-2022 12:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

The global vancomycin market is projected to increase from a valuation of US$ 313.7 Mn in 2020 to US$ 465.1 Mn by the end of 2027. Demand for vancomycin to expand at a CAGR of 5.8% during the forecast period.

Demand for linezolid is set to increase at the highest CAGR over the forecast period with a broad spectrum of activity against many gram-positive bacteria.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Vancomycin Therapeutics market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Vancomycin Therapeutics

The report offers actionable and valuable market insights of Vancomycin Therapeutics. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Vancomycin Therapeutics Market across various industries and regions

Key Companies Profiled
• Alvogen
• MGB Biopharma Limited
• Oragenics
• Aphios Corporation
• Microbiotix

Demand for linezolid is set to increase at the highest CAGR over the forecast period with a broad spectrum of activity against many gram-positive bacteria.

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Competitive Landscape
Vancomycin is a competitive and moderately fragmented market. There are many players in the sector under scrutiny, including both, small and large pharmaceutical companies. Furthermore, a wave of early-stage biotech companies has entered the market in response to developing antibiotic resistance.

For instance :

In February 2022, Magnolia Medical Technologies, Inc., the producer of Steripath®, which is the only FDA 510(k)-complaint device platform for the reduction of blood culture contamination for sepsis testing1, revealed US$ 46 million of growth equity financing led by RTW Investments, LP ("RTW"), and Sectoral Asset Management.

Key Segments Covered in Vancomycin Industry Research
Vancomycin Market by Type :
• Daptomycin
• Linezolid
• Quinupristin
• Ampicillin
• Chloramphenicol
• Others

Vancomycin Market by Application
• Sepsis
• Lung Infection
• Skin Soft Tissue Infection
• Colitis & Intestinal Inflammation
• Other Infections

Vancomycin Market by Region :
• North America Vancomycin Market
• Europe Vancomycin Market
• Asia Pacific Vancomycin Market
• Latin America Vancomycin Market
• MEA Vancomycin Market

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