Cephalosporin is a bactericidal, broad-spectrum, and B-lactam antibiotic that is used to treat bacterial infections such pneumonia, skin infections, strep throat, staph infections, tonsillitis, bronchitis, otitis media, gonorrhoea, and others. They inhibit bacterial cell wall synthesis in bacteria. Cephalosporins are antibiotics that are used to prevent and treat infections caused by bacteria. Cephalosporins of the first generation are mostly active against gram-positive bacteria like Streptococcus and Staphylococcus. As a result, they're mostly utilised to treat soft-tissue and skin infections, as well as avoid hospital-acquired surgical infections. But cephalosporins from second generations to fifth generation are effective against both gram positive and gram negative bacteria.
MARKET SCOPE
The "Global Cephalosporin Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cephalosporin market with detailed market segmentation by generation, type, route of administration and application. The report provides key statistics on the market status of the leading cephalosporin market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
- Based on generation the market is segmented as, First-Generation Cephalosporin, Second-Generation Cephalosporin, Third-Generation Cephalosporin, Fourth-Generation Cephalosporin and Fifth Generation Cephalosporin.
- Based on type the market is segmented as, branded and generic.
- Based on route of administration the market is segmented as, intravenous and oral.
- Based on application the market is segmented as, Respiratory Tract Infection, Skin Infection, Ear Infection, Urinary Tract Infection, Sexually Transmitted Infection and others
MARKET DYNAMICS
Drivers:
- Increasing prevalence of infectious disease and infections.
- Increasing approval rates of combination therapies for antibiotics to prevent drug resistance issues.
- R&D activities to develop more promising antibiotic therapies with minimal side effects.
Restraints:
- However, risk of side effects associated with prolonged use of cephalosporin antibiotics, stringent regulatory framework along with issues of drug resistance are likely to restrain market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The cephalosporin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cephalosporin market in these regions.
IMPACT OF COVID-19 ON CEPHALOSPORIN MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the cephalosporin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from cephalosporin market are anticipated to lucrative growth opportunities in the future with the rising demand for cephalosporin in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cephalosporin market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AbbVie
- Teva Pharmaceuticals USA, Inc
- F.Hoffman-La Roche ltd
- GlaxoSmithKline plc
- Lupin
- Sun Pharmaceutical Industries Ltd
- Novartis AG
- Pfizer Inc
- Alkem Labs
- Cipla, Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.