Press release
Macrolide Antibiotics Market Outlook (2018-2024) by Top Industry Vendors Like Pfizer Inc., Sandoz International GmbH, Teva Pharmaceutical Industries Ltd., GlaxoSmithKline plc., Johnson & Johnson Services, Inc., Bayer AG and More
Global Macrolide Antibiotics Market – Industry Trends and Forecast to 2024
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Global Macrolide Antibiotics Market accounted to grow at a CAGR of 12.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Competitive Analysis: Global Macrolide Antibiotics Market
The macrolide antibiotics market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of macrolide antibiotics market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Global Macrolide Antibiotics Market
Some of the major players operating in macrolide antibiotics market areMerck Co. & Inc., Pfizer Inc., Sandoz International GmbH, Teva Pharmaceutical Industries Ltd., GlaxoSmithKline plc., Johnson & Johnson Services, Inc., Bayer AG, Abbott, Novartis AG, Sanofi, AstraZeneca, F. Hoffmann-La Roche AG, Cempra, Inc., Macrolide Pharmaceuticals, Inc., SM Biomed, Barkat Pharmaceutical Group, Active Pharmaceutical Ingredient Manufacturing, Mustafa NevzatİlaçSanayii A.Ş., Zhejiang Guobang Pharmaceutical Co., Ltd., Tianyin Pharmaceutical Co., Inc., Japan Pharmaceutical Manufacturers Association(JPMA) and Murli Krishna Pharma among others.
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Market Definition: Global Macrolide Antibiotics Market
Macrolides are a class of antibiotics derived from Saccharopolyspora erythraea. They inhibit protein synthesis in bacteria by binding to the 50S ribosomal element and effective against gram positive bacteria and intracellular pathogens such as Legionella, Mycoplasma and Chlamydia. It primarily act as a bacteriostatic agent against many strains of Corynebacteria, listeria, Moxicella, streptococci, Neisseria meningitides, Staphylococci, Clostridia and Haemophilus sp.
Major market drivers and restraints:
Growth in skin infections.
Rise in demand of drugs against bacterial skin infections.
Macrolide antibiotics increase the risk of sudden cardiac death.
Market Segmentation: Global Macrolide Antibiotics Market
The global macrolide antibiotics market is segmented by drugs into azithromycin, clarithromycin, erythromycin, fidaxomicinand telithromycin.
On the basis of route of administration the market is segmented into oral and parenteral.
On the basis of indication the market is segmented into infection due to Mycoplasma pneumoniae, Legionella sp., Bordetella pertussis,symptomatic cat-scratch disease, Bacillaryangiomatosis, Peliosishepatis in patients with AIDS, cerebral toxoplasmosis, uncomplicated skin infections and others.
On the basis of end user, the market is segmented into hospital, dermatology clinic, clinic, ambulatory center, research laboratories.
On the basis of geography, global macrolide antibiotics market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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