Infinium Global Research has added a new report on Cephalosporin Drugs Market. The report covers the analysis of global as well as regional markets of cephalosporin drugs. Moreover, the report gives insights into the factors that affect the global as well as regional performance of the market in the short run and in the long run. According to the report, the global cephalosporin drugs market is projected to grow at a CAGR of 3.5% over the forecast period of 2019-2025.
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Cephalosporin is an assembly of semisynthetic, broad-spectrum antibiotics, that are mostly used for the treatment of bacterial infections. Cephalosporin drugs are an innovative class of antibiotics and frequent alternative to penicillin for numerous patients. Moreover, clinical studies are ongoing for comparing this class of antibiotics to penicillin for fighting against various infections. Cephalosporin drugs are used to treat infections in different parts of the body such as ears, nose, throat, lungs, sinuses, and skin. Further, these drugs are also prescribed to treat pneumonia, strep throat, staph infections, tonsillitis, bronchitis, and gonorrhea.
Rising the occurrence of infectious diseases, increasing consciousness among patients about these drugs, multiple treatment options and growing demand for anti-microbial in several symptoms are considered to be prime factors driving the growth of the cephalosporin drug market. Multiple benefits associated with cephalosporin drugs, the growing use of a combination therapies and the growing the occurrence of people suffering from pneumonia, tonsillitis and other diseases are some of the other factors boosting the growth of cephalosporin drugs market. Moreover, the development of highly efficient and safe cephalosporin drugs and increasing mergers and acquisition of companies for manufacturing these drugs are likely to generate the growth opportunity for cephalosporin drugs market in the upcoming years. On the flip side, low investment in R&D activities and strict government policies regarding these drugs are hampering the growth of the market.
Asia Pacific Region is Anticipated to Dominate the Growth of the Cephalosporin Drugs Market
In terms of geographies, the Asia Pacific region is anticipated to dominate the growth of the cephalosporin drugs market. Factors such as the growing consumption of cephalosporin, growing healthcare expenditure, upsurge in bacterial infection, growth in the aging population developed healthcare infrastructure and government taking initiatives are some of the major factors driving the growth of the cephalosporin drugs market in the Asia Pacific region.
Cephalosporin Drugs Market: Segmentation
The report on global cephalosporin drugs market covers segments such as generation of cephalosporin, drug administration, and application. On the basis of generation of cephalosporin, the sub-markets include first-generation, second-generation, third-generation, and other generation of cephalosporins. On the basis of drug administration, the sub-markets include injection, and oral. On the basis of application, the sub-markets include respiratory tract infection, ear infection, skin infection, and urinary tract infection,
Cephalosporin Drugs Market: Competitive Landscape
The report provides profiles of the companies in the market such as ALLERGAN, Astellas Pharma Inc., Bristol-Myers Squibb Company, GlaxoSmithKline Plc, Merck KGaA, Abbott Laboratories, Aspen Holdings, AstraZeneca, Johnson & Johnson Services, Inc., Sun Pharmaceutical Industries Ltd., and Other companies.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the cephalosporin drugs.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.