Cephalosporin Global Market Report 2024: Market Size, Trends, And Global Forecast 2024-2033

The Business Research Company’s Cephalosporin Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

LONDON, GREATER LONDON, UK, July 11, 2024 /EINPresswire.com/ -- The cephalosporin market has experienced robust growth in recent years, expanding from $17.04 billion in 2023 to $17.69 billion in 2024 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to growing prevalence of bacterial infections, increasing antibiotic resistance, expanding surgical procedures and hospitalizations, rising awareness among healthcare professionals, regulatory support for antibiotic development.

Strong Future Growth Anticipated
The cephalosporin market is projected to continue its strong growth, reaching $20.29 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%. The growth in the forecast period can be attributed to escalating global burden of infectious diseases, emerging bacterial resistance, continued growth in surgical interventions and healthcare-associated infections, increasing demand for broad-spectrum antibiotics, evolving reimbursement policies influencing market dynamics. Major trends in the forecast period include technological advancements, regulatory landscape, market expansion with advance solution, collaborations and partnerships.

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Growth Driver Of The Cephalosporin Market
The growing prevalence of infectious diseases is expected to propel the growth of the cephalosporin market going forward. Infectious diseases refer to illnesses caused by the invasion and multiplication of pathogenic microorganisms, including bacteria, viruses, fungi, and parasites, which can be transmitted from one individual to another through various means that cause diseases such as tuberculosis, malaria, and flu. Infectious diseases drive the demand for cephalosporin antibiotics, which are commonly used to treat infectious diseases caused by bacterial pathogens and can be prescribed for various types of infections due to their crucial role in managing and combating bacterial infections.

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Major Players And Market Trends
Key players in the cephalosporin market include 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..

Major companies operating in the cephalosporin market are focused on developing new products and therapies, such as advanced-generation cephalosporins, to combat antibiotic resistance and enhance their portfolio's effectiveness in treating a wider spectrum of bacterial infections. Ceftobiprole is a broad-spectrum cephalosporin antibiotic used to treat various bacterial infections, including skin and soft tissue infections and pneumonia.

Segments:
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

Geographical Insights: Asia-Pacific Leading The Market
Asia-Pacific was the largest region in the cephalosporin market in 2023. Asia-Pacific is expected to be the fastest-growing region during the forecast period, driven by expanding healthcare facilities and increasing awareness of the benefits of cephalosporin.

Cephalosporin Market Definition
Cephalosporin refers to a class of broad-spectrum, semisynthetic-lactam antibiotics that are the most widely prescribed class of antibiotics used to treat diseases caused by gram-positive and gram-negative bacteria, such as skin infections, strep throat, pneumonia, staph infections, tonsillitis, and bronchitis. Cephalosporins are especially useful for people allergic to penicillin, another common antibiotic.

Cephalosporin Global Market Report 2024 from THE BUSINESS RESEARCH COMPANY covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Cephalosporin Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on cephalosporin market size, cephalosporin market drivers and trends, cephalosporin market major players, cephalosporin competitors' revenues, cephalosporin market positioning, and cephalosporin market growth across geographies. The cephalosporin market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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