Subtitle: The Topical Antibiotic Pharmaceuticals Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Topical Antibiotic Pharmaceuticals Market: Drivers and Challenges
Patients with poor hygiene, weak immune system and compromised epidermis and close contact with people having epidermal diseases are prone to get affected. Developments in technology are believed to play a critical role in the growth topical antibiotics pharmaceuticals market during the forecast period. Topical antibiotic pharmaceuticals are some of the most commonly used products by the general public. Topical antibiotic pharmaceuticals used for a range of conditions from prevention of infection in cuts and grazes to the management of mild to moderate cases of acne. The market for topical antibiotics has been considerably due to increasing awareness of these OTC products among the lesser literate. Rising resistance of bacteria against drugs has led to development of several new antibiotics that are analogous to existing drugs such as nadifloxacin and triclosan in the past decade. Topical antibiotics comprise of approximately 40% of the global antibiotics market the remainder being accounted to oral antibiotics. Although they have an important role to play in skin infections, only restraint for topical antibiotic pharmaceuticals is their use generally is limited to short-term use and for the mild to moderate forms of infections.
The global market for topical antibiotic pharmaceuticals market is highly fragmented in terms of market players due to high amount of active pharmaceutical generic ingredients used in the preparations. This generic nature has led to the creation of several global players in the market. The Methicillin-resistant Staphylococcus aureus (MRSA) has particularly significant market opportunity in developing countries where hospital acquired MRSA infections occur commonly. Recent FDA regulations direct anti-septic soap and hand wash manufacturers to provide suitable clinical data for efficacy of their products against normal wash before promotion.
Topical Antibiotic Pharmaceuticals Market: Regional Overview
On the basis of geography, global topical antibiotic pharmaceuticals market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America and Europe maintains its highest contribution primarily due to a significantly high usage of pharmaceutical preparations as compared to Asia-Pacific and Rest of the World which is still deeply rooted in using unani therapies for topical disease conditions.
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Topical Antibiotic Pharmaceuticals Market: Market: Key Players
Some notable companies manufacturing topical antibiotic pharmaceutical products include Teva Pharmaceutical Industries Ltd., Perrigo Company plc, Taro Pharmaceutical Industries Ltd., Pfizer Inc., Glenmark Pharmaceuticals Inc., GlaxoSmithKline plc. Fera and Watson pharmaceuticals.
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