What is the Aminoglycosides Market Size Analysis and Growth Forecast?
The aminoglycosides market size has grown steadily in recent years. It will grow from $1.84 billion in 2024 to $1.93 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to antibiotic discovery and development, advancements in medicinal chemistry, clinical effectiveness in treating gram-negative infections, broad-spectrum antibacterial activity, hospital-acquired infection control, global population growth, post-surgery infection prevention, and investments in research and development.
The aminoglycosides market size is expected to see robust growth in the future. It is forecasted to grow to $2.46 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. Growth can be attributed to advancements in antibiotic stewardship, personalized medicine approaches, innovations in drug delivery, the global spread of antibiotic-resistant strains, increasing focus on rare diseases, expanding applications in dermatology, and patient education on antibiotic use. Major trends of the market include biotechnological innovations, combination therapies, technological advancements in production, and price competition.
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What are the Key Growth Drivers of the Aminoglycosides Market?
The rising incidences of animal disease outbreaks serve as a major driver for the growth of the aminoglycosides market. Animal diseases significantly disrupt the normal functioning of animals. Aminoglycosides such as amikacin and gentamicin are widely used in veterinary medicine. For instance, an anthrax outbreak was reported in July 2022 in the remote areas of Canada’s largest national park – Wood Buffalo National Park, necessitating the increased use of aminoglycosides. Therefore, the rising incidences of animal disease outbreaks will continually drive the aminoglycosides market.
What are the Major Segments of the Aminoglycosides Market?
The aminoglycosides market covered in this report is segmented –
1) By Product: Neomycin, Tobramycin, Gentamicin, Amikacin, Paromomycin, Streptomycin, Kanamycin, Other Products
2) By Route of Administration: Injectables (Parenteral), Feed, Intra-Mammary, Topical, Oral
3) By Application: Veterinary, Skin Infection, Respiratory Diseases, UTI and Pelvic Diseases, Other Diseases
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Which Major Players are Operating in the Aminoglycosides Market?
Major companies operating in the aminoglycosides market include Kremoint Pharma Pvt. Ltd., Vega Pharma Ltd., Jiangxi Bolai Pharmacy Co. Ltd., Xian Wison Biological Technology Co. Ltd., Hangzhou Uniwise International Co. Ltd., HuvePharma Inc., Yi Chang Veterinary Medicine Factory, Medson Pharmaceuticals, Medico Remedies Pvt. Ltd., Cipla Limited, Pfizer Inc., Allergan PLC, Teva Pharmaceutical Industries Ltd., Zoetis Inc., Novartis AG, Johnson & Johnson Inc., Bristol Myers Squibb Company, Sandoz International GmbH, Sun Pharmaceutical Industries Ltd., Zydus Lifescience limited, Lupin Limited, Aurobindo Pharma Limited, Fresenius Kabi AG, Aspen Pharmacare Holdings Limited, Mylan N.V., Sanofi SA, Wyeth Pharmaceuticals Inc., Zhejiang Hisun Pharmaceutical Co. Ltd., GlaxoSmithKline plc.
What are the Emerging Trends in the Aminoglycosides Market?
Process innovation is an emerging trend in the aminoglycosides market. Companies are focusing on developing new process solutions to strengthen their market position. For instance, in February 2024, India-based pharmaceutical company Cipla Limited received approval from the Central Drugs Standard Control Organization (CDSCO) for ZEMDRI (plazomicin), an intravenous aminoglycoside antibiotic. This antibiotic is specifically indicated for the treatment of complicated urinary tract infections (cUTIs), including pyelonephritis.
Which are the Largest and Fastest Growing Regions in the Aminoglycosides Market?
Asia-Pacific was the largest region in the aminoglycosides market in 2024, with North America expected to be the fastest-growing region in the forecast period. The regions covered in the aminoglycosides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Aminoglycosides Market Report 2025 Offer?
Aminoglycoside is a class of antibiotics that inhibits protein synthesis. These are used in the treatment of aerobic gram-negative bacilli infections of the abdomen and urinary tract, as well as bacteremia and endocarditis. The Aminoglycosides Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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