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Transformative Trends Impacting the Cephalosporin Market Landscape: Advanced-Generation Therapies To Tackle Antibiotic Resistance
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Cephalosporin Market Size By 2025?
The size of the cephalosporin market has witnessed consistent growth in the past years. The market is projected to expand from $17.69 billion in 2024 to $18.33 billion in 2025, marking a Compound Annual Growth Rate (CAGR) of 3.6%. This growth during the historic period can be credited to factors such as an increased number of bacterial infections, a rise in antibiotic resistance, a surge in surgical procedures and hospital admissions, increased awareness among medical professionals, and regulatory backing for the development of antibiotics.
How Big Is the Cephalosporin Market Size Expected to Grow by 2029?
The market size of cephalosporin is predicted to observe a consistent increase in the coming years, growing to a value of $21.05 billion in 2029 with a 3.5% compound annual growth rate (CAGR). The growth during the projected period is tied to increasing global prevalence of infectious illnesses, rising bacterial resistance, sustained growth in surgical proceedings and infections associated with healthcare, greater demand for wide-range antibiotics, and changing reimbursement policies impacting market trends. Key trends in the forecast period involve technological progress, regulatory factors, market enlargement with advanced solutions, and collaborative efforts and partnerships.
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Which Key Market Drivers Powering Cephalosporin Market Expansion and Growth?
The continual growth of the cephalosporin market is predicted to be fueled by the increasing incidences of infectious diseases. These diseases are caused by the entry and subsequent proliferation of harmful microorganisms like bacteria, viruses, fungi, and parasites, leading to conditions such as tuberculosis, malaria, and flu. These diseases escalate the need for cephalosporin antibiotics, widely used in treating bacterial infections. These antibiotics play a pivotal role in managing and fighting these infections. For instance, the US-based Centers for Disease Control and Prevention reported that in March 2023, there were 8,300 tuberculosis cases in the US, a significant increase from the 7,874 reported in 2021. Consequently, the upsurge of infectious diseases is anticipated to fuel the growth of the cephalosporin market. Cephalosporin Market Driver: Augmented Healthcare Spending Stimulates Cephalosporin Market Expansion
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Which Fast-Growing Trends Are Poised to Disrupt the Cephalosporin Market?
Prominent entities in the cephalosporin market are prioritizing the creation of new products and treatments, such as sophisticated cephalosporins, in an effort to counteract antibiotic resistance and boost the versatility of their portfolio in dealing with a broad array of bacterial infections. Ceftobiprole, a potent cephalosporin antibiotic, is widely employed in managing diverse bacterial infections, which comprise skin, soft tissue infections, and pneumonia. To illustrate, Mast Group Ltd., a company based in the UK that specializes in producing and supplying clinical and industrial diagnostic products, introduced Ceftobiprole 5μg under the MASTDISCS Antimicrobial Susceptibility Test series in July 2022. Available under the brand names Zevtera or Mabelio, Ceftobiprole, a 5th-generation broad-spectrum cephalosporin, is sanctioned for treating community-acquired pneumonia (CAP) and hospital-acquired pneumonia (HAP) across several European nations. Thanks to its broad scope of application, compelling efficacy against methicillin-resistant Staphylococcus aureus (MRSA), and excellent safety record, Ceftobiprole is an attractive option for targeted empirical therapy.
What Are the Emerging Segments in the Cephalosporin Market?
The cephalosporin market covered in this report is segmented -
1) By Type: Branded, Generic
2) By Route Of Administration: Injection, Oral
3) By Application: Respiratory Tract Infection, Skin Infection, Ear Infection, Urinary Tract Infection, Sexually Transmitted Infection, Other Applications
Subsegments:
1) By Flat Panel Detector: Active Matrix Flat Panel Detectors, Thin-Film Transistor (TFT) Flat Panel Detectors
2) By Image Intensifier: Single-Field Image Intensifiers, Dual-Field Image Intensifiers
3) By Other Product Type: Charge-Coupled Device (CCD), Complementary Metal-Oxide-Semiconductor (CMOS)
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Who Are the Global Leaders in the Cephalosporin Market?
Major companies operating in the cephalosporin market report are Pfizer Inc., Roche Holding AG, Merck & Co. Inc., Novartis AG, AbbVie Inc., AstraZeneca PLC, Sanofi SA, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Allergan PLC, Baxter International Inc., Eisai Co. Ltd., Macleods Pharmaceuticals Ltd., Sun Pharmaceutical Industries Ltd., Shionogi & Co Ltd., Cipla Inc., Hikma Pharmaceuticals PLC, Lupin Ltd., Zydus Lifesciences Ltd., Alkem Labs Ltd., Aurobindo Pharma Ltd., Fresenius Kabi, Aristo Pharmaceuticals Ltd., Accord Healthcare Ltd., Mankind Pharma Ltd., Qilu Anti Pharmaceutical Co. Ltd., Shandong Ruiying Pioneer Pharmaceutical Co. Ltd., Vansen Pharma Inc.
Which are the Top Profitable Regional Markets for the Cephalosporin Industry?
Asia-Pacific was the largest region in the cephalosporin market in 2024. The regions covered in the cephalosporin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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