Beta-lactam and Beta-lactamase Inhibitors Market
The GlobalBeta-lactam and Beta-lactamase Inhibitors Market sizeis estimated to be USD 27.85 billion in 2019 and is predicted to reach USD37.33 billion by 2030 with a CAGR of 2.7% from 2020-2030.
Beta-lactam Inhibitors is a class of antibioticswhich contains beta ring in their molecular structure and helps in to fightagainst infection based by bacteria and protozoa, these drugs either kill thebacteria or prevents the bacterial growth and cure the infections. Some of theBeta lactam antibiotics are penicillin, cephalosporin and others.Beta-lactamase inhibitors are the drug class which block the activity of betalactamase enzyme and prevents the degradation of beta lactam.
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MarketDynamics and Trends:
Therehave been increase in modernization and improvement in the healthcareinfrastructure coupled with technological advancement over the forecast period.Furthermore, increased prevalence of infectious disease coupled with increasedconsumption of such drugs in the developing economies are expected to promotethe growth of beta-lactam and beta-lactamase inhibitors market over theforecast period.
Otherfactors include increase in clinical trials of such drugs and developments ofnew approaches for the treatment of infectious disease are further expected toaugment the market growth. However, increase in antibiotic resistance and easyavailability over the counter can led to misuse can inhibit the growth ofbeta-lactam and beta-lactamase inhibitors market. On the other hand, discoveryon novel molecule, increased inclination towards combination therapy and hugeproduct pipeline led to new product launches in the beta-lactam andbeta-lactamase inhibitors market which are further expected to create ampleopportunities in the market.
Market Segmentations andScope of the Study:
Theglobal beta-lactam and beta-lactamase inhibitors market share is analyzed onthe basis of drug class, disease, route of administration, and geography. Onthe basis of drug class, the market is segmented into Penicillin,Cephalosporin, Carbapenem, Monobactam, and Combination. The combination drugclass is further sub segmented into Penicillin/Beta Lactamase Inhibitors,Cephalosporins/Beta Lactamase Inhibitors, and Carbapenems/Beta LactamaseInhibitors. On the basis of disease, the market is divided into Urinary TractInfection (excluding cUTI), Respiratory Infection, Skin Infection, ComplicatedUrinary Tract Infection (cUTI), Complicated Intra-Abdominal Infections (cIAI),Nosocomial Pneumonia, blood stream infection and others. Nosocomial Pneumoniais further sub segmented into Hospital Acquired Pneumonia, VentilatorAssociated Pneumonia, and Other. Based on route of administration, the marketis fragmented into oral, intravenous and others. Geographic breakdown andanalysis of each of the aforesaid segments includes regions comprising NorthAmerica, Europe, Asia-Pacific, and RoW.
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Geographical Analysis:
NorthAmerica is expected to hold the major market share owing to the presence ofwell established healthcare facilities and infrastructure coupled withincreased adoption of beta-lactam and beta-lactamase inhibitors. Furthermore,development of novel molecules and increased awareness coupled with increase inclinical trials are further expected to support the growth of beta-lactam andbeta-lactamase inhibitors market.
AsiaPacific is expected to show rapid growth over the forecast period withpersistent growth in market share over the forecast period. Moreover, increasedprevalence of infectious disease coupled with increased consumption of suchdrugs is anticipated to support the growth of beta-lactam and beta-lactamaseinhibitors market.
Competitive Landscape:
Thebeta-lactam and beta-lactamase inhibitors market, which is highly competitive,consists of various market players. Some of the major market players includeAllergan Plc., Abbott Laboratories, GlaxoSmithKline plc, F. Hoffmann-La RocheLtd., Mylan N.V., Merck & Co. Inc., Pfizer Inc., Novartis International AG(Sandoz), Teva Pharmaceutical Industries Ltd. and Sanofi among others.
Inthe recent past there have been various developments taken place and in nearfuture further takes place which is further expected to enhance the marketgrowth over the forecast period. For instance, in February 2019, Novartis hasreceived the FDA approval for Egaten (triclabendazole) for the treatment offascioliasis (liver fluke infestation).
Key Benefits:
Thebeta-lactam and beta-lactamase inhibitors market report provides a quantitativeanalysis of the current market and estimations through 2020-2030 that assistsin identifying the prevailing market opportunities to capitalize on.
Thestudy comprises a deep dive analysis of the beta-lactam and beta-lactamaseinhibitors market trend including current and future trends for depicting theprevalent investment pockets in the market.
Thereport provides detailed information related to key drivers, restraints,opportunities and their impact on the beta-lactam and beta-lactamase inhibitorsmarket.
Thereport incorporates a competitive analysis of the market players along withtheir market share in the global beta-lactam and beta-lactamase inhibitorsmarket.
Thestudy elaborates SWOT analysis and Porters Five Forces model for the beta-lactamand beta-lactamase inhibitors market.
Valuechain analysis in the beta-lactam and beta-lactamase inhibitors market studyprovides a clear picture of the stakeholders’ roles.
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