The ketolides global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Ketolides Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The ketolides market size has grown strongly in recent years. It will grow from $3.07 billion in 2023 to $3.22 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to increasing prevalence of infectious diseases, growing consumption of antibiotics, demand for effective and convenient treatments for infectious diseases, government initiatives.
The ketolides market size is expected to see steady growth in the next few years. It will grow to $3.82 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to investments in research and development activities for ketolides, growing number of screening programs for infectious diseases, incremental healthcare spending. growing awareness of antimicrobial stewardship. Major trends in the forecast period include innovative treatments for infectious diseases, development of targeted therapies, advancements in diagnosis and treatment of infectious diseases, development of new ketolide formulations.
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Scope Of Ketolides Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Ketolides Market Overview
Market Drivers –
The increasing prevalence of infectious diseases is expected to propel the growth of the ketolides market going forward. Infectious diseases are illnesses caused by pathogens such as bacteria, viruses, fungi, or parasites that can spread from person to person, resulting in a wide range of symptoms and health complications. Tuberculosis is one type of infectious disease. Ketolides, which are used in treating infectious diseases, have been evaluated for their potential use in treating tuberculosis as they exhibit high levels of intracellular activity, which play a significant role in treating tuberculosis. For instance, in October 2022, according to the Global Tuberculosis Report published by the World Health Organization, a Switzerland-based global health agency, there were an expected 10.6 million tuberculosis (TB) cases worldwide in 2021, a 4.5% rise from 10.1 million cases in 2020. Therefore, the increasing prevalence of infectious diseases is driving the growth of the ketogenic market.
Market Trends –
Major companies operating in the ketolides market are focused on developing innovative drugs and treatments to gain competitive advantages and sustain their position in the market. For instance, in June 2023, AliquantumRx Inc., a US-based biotechnical research company, announced the approval of the United States Patent and Trademark Office (USPTO), a US-based agency in the Department of Commerce, for its patent ‘salts and polymorphs of cethromycin for the treatment of bacterial and protozoan disease.’ Cethromycin, a type of ketolide antibiotic, is effective against many infectious disorders caused by bacteria and protozoa, such as malaria, babesiosis, toxoplasmosis, diarrhea and others. This new patent will give the company more chances to score and lower the danger of cethromycin’s commercialization by allowing it to be used for conditions other than malaria.
The ketolides market covered in this report is segmented –
1) By Drug Type: Telithromycin; Cethromycin; Solithromycin
2) By Indication: Bronchitis; Pneumonia; Sinusitis; Tonsillitis Or Pharyngitis
3) By Microorganism: Streptococcus Pneumoniae; Haemophilus Influenzae; Moraxella Catarrhalis; Chlamydophila Pneumoniae; Mycoplasma Pneumoniae
4) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies; Other Distribution Channels
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Regional Insights –
North America was the largest region in the ketolides market in 2023. The regions covered in ketolides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major players in the ketolides market are Pfizer Inc., F. Hoffmann-La Roche Ltd., Merck & Co. Inc., Bayer AG, Novartis AG, Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca PLC, Abbott Laboratories, GSK PLC, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Daiichi Sankyo Company Limited, Shionogi & Company Limited, Dr. Reddys Laboratories Ltd., Taisho Pharmaceutical Co. Ltd., Glenmark Pharmaceuticals Ltd., Zhejiang Yongtai Technology Co. Ltd., Corden Pharma GmbH, Optimer Pharmaceuticals Inc., Vivimed Labs Limited, Wockhardt Ltd., Advanced Life Sciences Holdings Inc.
Table of Contents
1. Executive Summary
2. Ketolides Market Report Structure
3. Ketolides Market Trends And Strategies
4. Ketolides Market – Macro Economic Scenario
5. Ketolides Market Size And Growth
…..
27. Ketolides Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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