The global Aminoglycosides market size was USD 1.62 Billion in 2020 and is expected to register a CAGR of 3.7% during the forecast period. Increasing usage of aminoglycosides to treat bacterial infections for the treatment of humans and animals is driving the market. Growing prevalence of pulmonary infections, tuberculosis, skin infections, and other infections are further fueling growth.
Aminoglycosides uses, aminoglycosides side effects, aminoglycosides mechanism of action, tetracycline side effects, aminoglycoside antibiotics, and aminoglycosides list of active antibiotics are some of the most demanding topics that the end-users are mostly concerned of. Aminoglycosides toxicity, aminoglycosides side effects are expected to hinder the overall growth. Gentamicin, Antipseudomonal antibiotics, Ciprofloxacin, Vancomycin, and others are some of the mentionable antibiotics fall under the market that have hugely been in demand for a while.
Various under-takings by governments to combat tuberculosis is also boosting the market. A growing outbreak among animal disease is pushing the product demand. The market is highly fragmented with a lot of generic drugs available. This, in turn, is pushing the growth
Application of aminoglycosides for defense against infection resistance and as antibacterials drive the growth Increase in the number of people suffering from tuberculosis across the globe is also encouraging the growth. The presence of UNITAID and Global Drug Facility is further anticipated to fuel the growth. These organizations serve as an intervention for the diagnosis and management of tuberculosis.
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Serious side effects accredited with the product is hampering the growth Patent expiry is also one of the major restraints.
Expansion of healthcare, rise in disposable income and a large amount of geriatric population in emerging economies such as China and India are the factors forecasted to drive the market. Leading generics manufacturers, rapidly growing pharmaceutical industries, low cost of clinical trials is likely to boost the growth Early market initiation in the US and Europe generates substantial revenue from this region. Presence of a large number of market entities in China, Japan and India are forecasted to encourage the growth Kanamycin suppliers are located in this region that provides drugs to STOP TB and GDF, hence increasing the contribution from APAC.
Mode of Administration Outlook:
Injectables accounted for the largest share of 24% in the year 2019 as this method provides the optimum mode of drug action mechanism through intramuscular or intravenous route for treatment. Use of kanamycin & capreomycin by the global organization via injectables is forecasted to fuel the growth.
Feed holds a share of 22% in the year 2022 and is forecasted to grow with 4.2% throughout the forecast period. Majority of in-feed and in-water aminoglycoside product is used in pig and poultry industries.
Oral mode of administration is forecasted to grow with a CAGR of 3.7% throughout the forecast period. It is generally used for bowel surgery to prevent infection at the time of surgery.
Application Outlook:
Veterinary is forecasted to hold a share of 24% in the year 2030 with the highest CAGR during the forecast period. It will boost industrial growth due to the higher growth of outbreaks in animal diseases. These drugs are restricted to food-producing animals as they can lead to toxic effect and resistant effect on human after consuming the animal.
Drug Outlook:
- Tobramycin holds a share of 16% in the year 2022. It has been found that tobramycin is more effective against Pseudomonas aeruginosa infections.
- Gentamycin is the primary choice for major bacterial infections as compared to others. It is forecasted to hold a share of 14% in the year 2022.
- Neomycin holds the largest share of 17% in the year 2022. It finds its application in topical formulations for the treatment of different skin infections.
- Kanamycin is forecasted to grow with a CAGR of 3.7% throughout the forecast period. It is used in MDR-TB after the failure of capreomycin but before treatment with amikacin.
Regional Outlook:
- The Asia Pacific region holds the largest share of 27% in the year 2022 owing to the presence of players and a high incidence of tuberculosis in the region.
- North America holds a share of 22% in the year 2022. Early-phase diagnosis and treatment of disease are forecasted to drive the market of the product in this region.
- Europe holds a share of 21% in the year 2022 owing to favorable government policies regarding health care infrastructure and awareness among the population.
Market-O-Nomics
- Skin segment holds a share of 21% in the year 2022 and is forecasted to grow with a CAGR of 4.3% throughout the forecast period.
- The market is segmented on the basis of distribution channel into hospital pharmacies, retail pharmacies, online pharmacies, and clinics.
- Online Pharmacies is forecasted to grow with the highest annual growth rate of 4.2% throughout the forecast period.
- Respiratory segment is forecasted to grow with a CAGR of 4.2% throughout the forecast period. Aminoglycoside is popularly used for respiratory infections.
- South Africa is forecasted to grow with a CAGR of 4.7% throughout the forecast period. There are higher demand and consumption of injectable solutions due to the increase in the incidence rate of MDR-TB and other drug-resistance.
Companies considered and profiled in this market study
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 are leading players involved on the global Aminoglycosides market.
Start-up Traction
The Aminoglycosides Market industry poses significant amount of opportunities for small manufacturers and startups to come up with cost-effective solutions in manufacturing of Aminoglycosides products. Emerging start-ups have been profiled in the report with all their innovative techniques and developments. There is a continuous growth in demand from the end-users, which can encourage several startups to launch innovative products in this market.
Deals Landscape
Mergers and Acquisitions are an integral part of this industry. These mergers and acquisitions help us decide the strategic initiatives taken up by the leading players as well as growing companies dealing in this market, and have been included in this report.
Expert Insights:
Reports and Data forecasts in the Aminoglycosides industry having considered the interviews with some of most the prestigious personalities and experts in this market. According to the industry experts, Aminoglycosides uses, aminoglycosides side effects, aminoglycosides mechanism of action, tetracycline side effects, aminoglycoside antibiotics, and aminoglycosides list of active antibiotics are some of the most demanding topics that the end-users are mostly concerned of. Aminoglycosides toxicity, aminoglycosides side effects are expected to hinder the overall growth. Gentamicin, Antipseudomonal antibiotics, Ciprofloxacin, Vancomycin, and others are some of the mentionable antibiotics fall under the market that have hugely been in demand for a while.
Segments covered in the report
This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2021 to 2030. The scope of the report can be defined as:
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; 2022-2030)
- Neomycin
- Tobramycin
- Gentamicin
- Amikacin
- Paromomycin
- Streptomycin
- Kanamycin
Mode of Administration Outlook (Revenue: USD Billion; 2022-2030)
- Feed
- Injectable
- Intra-mammary
- Topical
- Oral
Application Outlook (Revenue: USD Billion; 2022-2030)
- Veterinary
- Skin
- Respiratory
- UTI & Pelvic Disease
- Neonatal Sepsis
Regional Outlook (Revenue: USD Billion; 2022-2030)
- North America
- U.S
- Canada
- Europe
- Germany
- U.K
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- Rest of MEA
- Latin America
- Brazil
- Rest of LATAM
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