Beta-lactam and Beta-lactamase Inhibitors Market Global Demand 2020 to 2030
The Global Beta-lactam and Beta-lactamase Inhibitors Market size is estimated to be USD 27.85 billion in 2019 and is predicted to reach USD 37.33 billion by 2030 with a CAGR of 2.7% from 2020-2030.
Beta-lactam Inhibitors is a class of antibiotics
which contains beta ring in their molecular structure and helps in to fight
against infection based by bacteria and protozoa, these drugs either kill the
bacteria or prevents the bacterial growth and cure the infections. Some of the
Beta lactam antibiotics are penicillin, cephalosporin and others.
Beta-lactamase inhibitors are the drug class which block the activity of beta
lactamase enzyme and prevents the degradation of beta lactam.
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Market
Dynamics and Trends:
There
have been increase in modernization and improvement in the healthcare
infrastructure coupled with technological advancement over the forecast period.
Furthermore, increased prevalence of infectious disease coupled with increased
consumption of such drugs in the developing economies are expected to promote
the growth of beta-lactam and beta-lactamase inhibitors market over the
forecast period.
Other
factors include increase in clinical trials of such drugs and developments of
new approaches for the treatment of infectious disease are further expected to
augment the market growth. However, increase in antibiotic resistance and easy
availability over the counter can led to misuse can inhibit the growth of
beta-lactam and beta-lactamase inhibitors market. On the other hand, discovery
on novel molecule, increased inclination towards combination therapy and huge
product pipeline led to new product launches in the beta-lactam and
beta-lactamase inhibitors market which are further expected to create ample
opportunities in the market.
Market Segmentations and
Scope of the Study:
The
global beta-lactam and beta-lactamase inhibitors market share is analyzed on
the basis of drug class, disease, route of administration, and geography. On
the basis of drug class, the market is segmented into Penicillin,
Cephalosporin, Carbapenem, Monobactam, and Combination. The combination drug
class is further sub segmented into Penicillin/Beta Lactamase Inhibitors,
Cephalosporins/Beta Lactamase Inhibitors, and Carbapenems/Beta Lactamase
Inhibitors. On the basis of disease, the market is divided into Urinary Tract
Infection (excluding cUTI), Respiratory Infection, Skin Infection, Complicated
Urinary Tract Infection (cUTI), Complicated Intra-Abdominal Infections (cIAI),
Nosocomial Pneumonia, blood stream infection and others. Nosocomial Pneumonia
is further sub segmented into Hospital Acquired Pneumonia, Ventilator
Associated Pneumonia, and Other. Based on route of administration, the market
is fragmented into oral, intravenous and others. Geographic breakdown and
analysis of each of the aforesaid segments includes regions comprising North
America, Europe, Asia-Pacific, and RoW.
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Geographical Analysis:
North
America is expected to hold the major market share owing to the presence of
well established healthcare facilities and infrastructure coupled with
increased adoption of beta-lactam and beta-lactamase inhibitors. Furthermore,
development of novel molecules and increased awareness coupled with increase in
clinical trials are further expected to support the growth of beta-lactam and
beta-lactamase inhibitors market.
Asia
Pacific is expected to show rapid growth over the forecast period with
persistent growth in market share over the forecast period. Moreover, increased
prevalence of infectious disease coupled with increased consumption of such
drugs is anticipated to support the growth of beta-lactam and beta-lactamase
inhibitors market.
Competitive Landscape:
The
beta-lactam and beta-lactamase inhibitors market, which is highly competitive,
consists of various market players. Some of the major market players include
Allergan Plc., Abbott Laboratories, GlaxoSmithKline plc, F. Hoffmann-La Roche
Ltd., Mylan N.V., Merck & Co. Inc., Pfizer Inc., Novartis International AG
(Sandoz), Teva Pharmaceutical Industries Ltd. and Sanofi among others.
In
the recent past there have been various developments taken place and in near
future further takes place which is further expected to enhance the market
growth over the forecast period. For instance, in February 2019, Novartis has
received the FDA approval for Egaten (triclabendazole) for the treatment of
fascioliasis (liver fluke infestation).
Key Benefits:
The
beta-lactam and beta-lactamase inhibitors market report provides a quantitative
analysis of the current market and estimations through 2020-2030 that assists
in identifying the prevailing market opportunities to capitalize on.
The
study comprises a deep dive analysis of the beta-lactam and beta-lactamase
inhibitors market trend including current and future trends for depicting the
prevalent investment pockets in the market.
The
report provides detailed information related to key drivers, restraints,
opportunities and their impact on the beta-lactam and beta-lactamase inhibitors
market.
The
report incorporates a competitive analysis of the market players along with
their market share in the global beta-lactam and beta-lactamase inhibitors
market.
The
study elaborates SWOT analysis and Porters Five Forces model for the beta-lactam
and beta-lactamase inhibitors market.
Value
chain analysis in the beta-lactam and beta-lactamase inhibitors market study
provides a clear picture of the stakeholders’ roles.
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