Macrolide Drugs Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

Macrolide drugs market is anticipated to grow at a significant CAGR during the forecast period. Macrolides are a class of antibiotics that includes erythromycin, roxithromycin, azithromycin and clarithromycin and are used in the treatment of respiratory, skin, soft tissue, sexually transmitted, H. pylori and atypical mycobacterial infections. The major factor for the growth of the market during the forecast period is the growing demand for antibiotics.

Additionally, the market is also growing owing to the rising prevalence of bacterial skin infections along with supportive government policies and legislation. Moreover, North America held the largest share in the market in 2020 owing to the well-developed healthcare infrastructure, increased R&D activities by the pharmaceutical companies as well as rapid adoption of new along with better healthcare technologies.

Some major players in the market include GlaxoSmithKline plc, Novartis AG, and Pfizer Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in March 2018, Macrolide Pharmaceuticals announced that it received a CARB-X award of up to $6.8M to support the development of a novel fully synthetic, orally available macrolide antibiotic with Gram-negative activity, to treat serious infections including drug-resistant complicated urinary tract infections (cUTI).

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Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2022-2030

Segment Covered-

• By Drugs

• By Route of Administration

• By Infection

• By End-User

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

Competitive Landscape- GlaxoSmithKline plc, Novartis AG, and Pfizer Inc., among others.

Macrolide Drugs Market Report by Segment

By Drugs

• Azithromycin

• Clarithromycin

• Erythromycin

• Fidaxomicin

• Telithromycin

By Route of Administration

• Oral

• Parenteral

By Infection

• Mycoplasma Pneumoniae

• Legionella SP

• Bordetella Pertussis

• Symptomatic Cat-Scratch Disease

• Bacillary angiomatosis

• Peliosishepatis

• Cerebral Toxoplasmosis

• Uncomplicated Skin Infections

By End-User

• Hospital

• Dermatology Clinic

• Ambulatory Center

• Research Laboratories

A full Report of Macrolide Drugs Market is Available @ https://www.omrglobal.com/industry-reports/macrolide-drugs-market

Macrolide Drugs Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East & Africa

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