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Cephalosporin Drugs Market to Witness Huge Growth by 2031 - Astellas Pharma Inc., Baxter International, F. Hoffmann-La Roche AG

09-17-2024 03:24 PM CET | Health & Medicine

Press release from: DataM Intelligence 4 Market Reserach LLP

Cephalosporin Drugs Market || 2024-2031

Cephalosporin Drugs Market || 2024-2031

The Cephalosporin Drugs Market is projected to grow at a CAGR of 2.6% during the forecast period from 2024 to 2031.

The Cephalosporin Drugs Market report provides an in-depth analysis of the global market size, share, recent trends, competitive landscape, and future outlook. Cephalosporins, a class of antibiotics, are widely used to treat various bacterial infections. The market growth is primarily driven by the rising prevalence of infectious diseases and the growing demand for effective antibiotic treatments. In Europe, the Cephalosporin Drugs Market is experiencing notable expansion. Major players in the market include Company P, Company Q, Company R, along with other key industry participants.

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Market Dynamics:

The growth of the cephalosporin drugs market is primarily driven by the rising demand for antimicrobials across various indications, the increasing prevalence of infectious diseases, and greater funding for antibiotic development. Other contributing factors include increased consumption of cephalosporins, easier availability, and growing demand for over-the-counter drugs. The prevalence of infectious diseases is anticipated to propel market growth during the forecast period. For example, according to the Centers for Disease Control and Prevention (CDC), 8,920 new cases of tuberculosis (TB) were reported in the United States in 2019, with an incidence rate of 2.7 cases per 100,000 people. Additionally, the U.S. Department of Health & Human Services reported in 2020 that 37,832 people in the U.S. were diagnosed with HIV in 2018, with 38,000 new HIV infections still occurring annually. The rapid spread of various infectious diseases continues to fuel market expansion.

Furthermore, the increasing number of clinical trials focused on R&D in cephalosporin drug development is expected to drive market growth. For instance, in September 2018, the National Institutes of Health (NIH) awarded USD 9.4 million to establish the Center for Biomedical Research Excellence (COBRE), aimed at combating the global threat of drug-resistant pathogens.

Market Segment Analysis

By Type: Generic Cephalosporin Drugs, Branded Cephalosporin Drugs

By Generation: Fifth-generation Cephalosporin, First-generation Cephalosporin, Second-generation Cephalosporin, Third-generation Cephalosporin, Fourth-generation Cephalosporin

By Formulation: Injection, Oral

By Indication: Respiratory Tract Infection, Skin Infection, Ear Infection, Bacterial Infection, Urinary Tract Infection, Sexually Transmitted Infection, Sinus Infection, Surgical Prophylaxis, Others

By Distribution Channel: Retail Pharmacies, Hospital Pharmacies, Online Pharmacies

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Major Key players

• Novartis AG
• Astellas Pharma Inc
• Baxter International
• F. Hoffmann-La Roche AG
• GlaxoSmithKline PLC
• Lupin Pharmaceuticals
• Macleods Pharmaceuticals Ltd
• Mankind Pharma
• Merck & Co. Inc
• Teva Pharmaceuticals
• Shionogi & Co. Ltd

*Note:

Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.

Regional Analysis

The global Cephalosporin Drugs Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

The global Cephalosporin Drugs Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Silicone Pin Mat Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Related Reports:

Nephrology Drugs Market: https://www.datamintelligence.com/research-report/nephrology-drugs-market

Treprostinil Drugs Market: https://www.datamintelligence.com/research-report/treprostinil-drugs-market

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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

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