Press release
Oral Antibiotics Market to Reach $23,306.10M by 2027 (CAGR 2.7%)
The oral antibiotics market witnessed significant growth in recent years, with its value surpassing $18,365.80 million in 2018. Projections indicate a continued upward trajectory, with the market expected to achieve a value of $23,306.10 million by 2027. This growth represents a compound annual growth rate (CAGR) of 2.7% from 2019 to 2027.Antibiotics are indeed antimicrobial substances or compounds specifically designed to combat bacterial infections and, in some cases, protozoan infections. It's important to note that antibiotics are not effective against viral infections, as viruses have different mechanisms of replication and are not susceptible to the same treatments.
There are various types of antibiotics available, each with its own mechanism of action and spectrum of activity against different types of bacteria. Some antibiotics work by inhibiting bacterial growth, known as bacteriostatic antibiotics, while others directly kill bacteria, known as bactericidal antibiotics. The choice of antibiotic depends on the specific infection and the bacteria causing it.
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The key players operating in the global oral antibiotics market include Abbott Laboratories, Allergan Plc., F. Hoffmann-La Roche Ltd., GlaxoSmithKline plc, Merck & Co. Inc., Mylan N.V., Novartis International AG (Sandoz), Pfizer Inc., Sanofi, and Teva Pharmaceutical Industries Ltd.
The oral antibiotics market can be analyzed in detail based on various factors:
1. By Class: a. Beta Lactam and Beta Lactamase Inhibitors: This class includes antibiotics such as penicillin and cephalosporins, along with beta-lactamase inhibitors that enhance their effectiveness. b. Penicillin: Includes different types of penicillin antibiotics. c. Broad-spectrum penicillin: Penicillins with a wide range of activity against various bacteria. d. Mid/Narrow Spectrum Penicillin: Penicillins with a more limited spectrum of activity. e. Cephalosporin: Antibiotics belonging to the cephalosporin class. f. Others: Other classes of antibiotics not mentioned above. g. Quinolone: Antibiotics belonging to the quinolone class. h. Macrolide: Antibiotics of the macrolide class. i. Others: Other specific classes of antibiotics not covered in the above categories.
2. By Application: Antibiotics are used to treat various types of infections. The oral antibiotics market can be categorized based on the following applications: a. Community-acquired respiratory tract infections (CARTIs): Infections affecting the respiratory tract that are acquired outside of healthcare settings. b. Upper Respiratory Tract Infections (URTI): Infections affecting the upper respiratory tract, such as sinusitis and pharyngitis. c. Lower Respiratory Tract Infections (LRTIs): Infections affecting the lower respiratory tract, including pneumonia and bronchitis. d. Urinary tract infections (UTIs): Infections affecting the urinary system, including bladder infections and kidney infections. e. Dental: Antibiotics used for dental infections. f. Combination: Combination therapies that involve the use of multiple antibiotics together. g. Monotherapies: Single antibiotic therapies. h. Others: Other specific applications not covered in the above categories.
3. By Drug Origin: Antibiotics can be classified based on their origin: a. Natural: Antibiotics derived directly from natural sources, such as bacteria or fungi. b. Semisynthetic: Antibiotics that are chemically modified versions of natural antibiotics. c. Synthetic: Antibiotics that are entirely synthesized in the laboratory.
4. By Spectrum of Activity: Antibiotics can be categorized based on their spectrum of activity: a. Broad-spectrum Antibiotic: Antibiotics that are effective against a wide range of bacteria, including both Gram-positive and Gram-negative. b. Mid/Narrow-spectrum antibiotic: Antibiotics that have a more limited spectrum of activity, targeting specific types of bacteria.
5. By Drug Type: The oral antibiotics market can be divided based on the type of drugs available: a. Branded: Antibiotics that are marketed under a specific brand name. b. Generics: Generic versions of antibiotics that are not branded.
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