Aminoglycosides Market Share, Size, Industry Analysis, Demand, Growth and Research Report 2021-2027
The Global Aminoglycosides Market is projected to grow at a CAGR of 3.5% from USD 1.57 billion in 2019 to USD 2.08 billion in 2027, according to a new report by Reports and Data.
Aminoglycoside drugs are used for the treatment of various bacterial infections in humans and animals. Application of this class of drug for defense against infection resistance and as antibacterials drive the growth of the market. Increase in the number of people suffering from tuberculosis across the globe is also encouraging the growth of the market. The presence of UNITAID and Global Drug Facility is further anticipated to fuel the market growth. These organizations serve as an intervention for the diagnosis and management of tuberculosis. Rising cases of MDR-TB and yearly procurement requirement by GDF and STOP TB foundation is further anticipated to boost the market.
Side effects associated with the drugs such as irreversible hearing loss, muscle twitching, and seizure will hinder the growth of the market. The decrease in sales of a certain type of aminoglycosides will also limit the market.
The Asia Pacific holds the largest market share. Instances of tuberculosis are high in this region, and also the availability of multi-drug such as Kanamycin and Capreomycin in the region is boosting the market in the APAC region. Presence of a large number of market entities in China, Japan and India are forecasted to encourage the growth of the market. Kanamycin suppliers are located in this region that provides drugs to STOP TB and GDF, hence increasing the contribution from APAC.
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The Aminoglycosides market report offers key insights into market scope along with emerging growth opportunities over the forecast period. The report also provides information about the competitive landscape of the global Aminoglycosides market. The global Aminoglycosides market is fragmented due to presence of numerous key players on a global and regional scale. Key players are focused on mergers and acquisitions, joint ventures, collaborations, partnerships, and research and development activities to expand their product portfolio and gain a robust footing in the market.
Key companies operating in the Aminoglycosides Market and profiled in the report are:
Vega Pharma Ltd., Kremoint Pharma Pvt. Ltd, Xian Wison Biological Technology Co., Ltd., Jiangxi Bolai Pharmacy Co., Ltd., Taiwan Fructose, Medson Pharmaceuticals, Hangzhou Uniwise International Co., Ltd., Yi Chang Veterinary Medicine Factory, HuvePharma, and Medico Remedies Pvt. Ltd., among others
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For the purpose of this report, Reports and Data have segmented the global Aminoglycosides Market on the basis of Drug, Mode of Administration, Application, Distribution Channel and Region:
Drug Outlook (Revenue: USD Billion; 2017-2027)
- Neomycin
- Tobramycin
- Gentamicin
- Amikacin
- Paromomycin
- Streptomycin
- Kanamycin
Mode of Administration Outlook (Revenue: USD Billion; 2017-2027)
- Feed
- Injectable
- Intra-mammary
- Topical
- Oral
Application Outlook (Revenue: USD Billion; 2017-2027)
- Veterinary
- Skin
- Respiratory
- UTI & Pelvic Disease
- Neonatal Sepsis
Regional analysis covers:
- North America (U.S.A., Canada)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Questions Answered by the Report:
- What are the key growth driving and restraining factors of the Aminoglycosides market?
- What are key opportunities and growth prospects of the Aminoglycosides industry is expected to witness over the forecast period?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- Which region is expected to dominate the market growth over the forecast period?
- Which segments are expected to register lucrative growth over the forecast period?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis?
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