Erythromycin Market – Global Industry Insights, Trends, Opportunity Analysis, 2021-2027 the new research from Coherent Market Insights has announced report offering you more creative solutions that combine our deep geographic experience, intimate sector knowledge and clear insights into how to create value in your business. The Erythromycin Market offers a summary of product specification, production analysis, technology, product type, considering key features such as gross margin, revenue & cost. Erythromycin Market report provides key statistics on the Market status of the Erythromycin manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
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Erythromycin is the antibiotic that is utilized for treating certain bacterial infection types. Topical preparations of erythromycin are used largely on skin for helping control acne. This antibiotic is even used in combination with other drugs and are topically applied or consumed orally to treat the infections. Erythromycin’s common side-effects include nausea, diarrhea, abdominal pain, and loss of appetite. Erythromycin prevents the bacterial cells from multiplying and growing through interfering with the ability of making proteins, while not impacting human cells. It is used widely for treating chest infections including pneumonia, skin issues including rosacea and acne, dental abscesses, along with sexually transmitted infections.
Global Erythromycin Market Dynamics
Pharmaceutical players are focusing on raising access to inexpensive medications for providing novel alternatives to pharmacists and patients, thereby considering the less availability of the tablets of erythromycin, which in turn, is expected to drive the global erythromycin market growth in the near future. For instance, Amneal Pharmaceuticals, in March, 2018, received approval from the U.S. Food and Drug Administration (FDA) for Erythromycin Tablets USP, 500 mg and 250 mg strengths. This erythromycin product is the therapeutic equivalent of reference listed drug (RLD) erythromycin tablets by Arbor Pharmaceuticals, which is only other oral tablet of immediate release available. Furthermore, ANI Pharmaceuticals, Inc., in September 2016, introduced Erythromycin Ethylsuccinate for oral suspension 200mg/5mL prescribed as the treatment for several infections such as lower and upper respiratory, soft tissue and skin, genitourinary, pertussis, Legionnaires disease, and others.
Furthermore, increasing prevalence of several infectious diseases such as respiratory tract infections are a key factor expected to fuel the global erythromycin market growth in the near future. In 2015, according per the Bill & Melinda Gates Foundation study, around 2.74 Mn deaths were registered owing to lower respiratory tract infections (LRIs) along with 103.0 million disability-adjusted life-years (DALYs) in the world, which is expected to surge antibiotic adoptions.
However, allergic reaction signs to erythromycin including swelling of mouth, lips, tongue, throat, or face, as well as growing availability of substitutes including azithromycin is expected to restrain the global erythromycin market growth over the forecast period. Moreover, pregnant women are kept off from using the antibiotic pills since the researchers at the Great Ormond Street Hospital and University College London, stated in 2015 that pills of erythromycin are associated with higher threats of cerebral palsy and epilepsy in newborn babies.
Global Erythromycin Market – Regional Dynamics
On the basis of region, the global erythromycin market is segmented into North America, Europe, Latin America, Asia Pacific, Africa, and Middle East. North America is expected to account for the highest position in the global erythromycin market during the forecast period, due to increasing regulatory drug approvals by regulatory organizations for addressing unmet medical requirements of patients and rising incidence of soft and skin tissue infections. For instance, the Aceto Corporation’s subsidiary – Rising Pharmaceuticals, Inc., in November, 2016, introduced Erythromycin and Benzoyl Peroxide Topical Gel USP, 3-5% the generic version of Benzamycin Gel, 3-5% by Valeant International, which is the U.S. FDA-approved. In 2015, as per the Division of Infectious Diseases, Los Angeles BioMedical Research Center, skin and soft tissue infection (SSTIs) is the common reason for seeking medical care within the U.S. since they could cause complications with notable morbidity, such as surgical procedures, hospitalization, or death.
Global Erythromycin Market- Competitive Analysis
Key players are focusing on development, marketing, and manufacturing, of branded and multisource pharmaceuticals, which in turn is expected to fuel growth of the global erythromycin market over the forecast period. For instance, the generic pharmaceutical firm, Teligent, Inc., in July 2017, received the U.S. Food and Drug Administration (FDA) approval for the abbreviated new drug application (ANDA) of the Erythromycin Topical Gel USP, 2%. Moreover, Akorn, Inc. in 2010, received approval from the U.S. Food and Drug Administration (FDA) for the Abbreviated New Drug Application (ANDA) supplement of the company for Erythromycin Ophthalmic Ointment USP 3.5 g.
Major players functioning in the global erythromycin market are Ani Pharmaceuticals, Aceto Corporation, Akorn, Inc., Genesis Pharmaceuticals, Abbvie, Inc., Teligent, Inc., Abbott Laboratories, Sanofi-Aventis, Allergan, Plc, and Pfizer, Inc.
Erythromycin Market Taxonomy
Based on formulation,
- Tablet
- Gel
- Ointment
- Topical Solution
- Others
Based on therapeutic indications,
- Respiratory Tract Infections
- Ear Infections
- Eye Infections
- Gastro-intestinal Infections
- Skin and Soft Tissue Infections
- Others
Based on distribution channel,
- Hospital Pharmacies
- Online Pharmacies
- Retail Pharmacies
Based on region,
- North America
- Europe
- Latin America
- Asia Pacific
- Africa
- Middle East
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Main points in Erythromycin Market Report Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Erythromycin Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Erythromycin Industry Impact
Chapter 2 Erythromycin Competition by Types, Applications, and Top Regions and Countries
2.1 Erythromycin (Volume and Value) by Type
2.3 Erythromycin (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Erythromycin Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Erythromycin Market Analysis
Chapter 6 East Asia Erythromycin Market Analysis
Chapter 7 Europe Erythromycin Market Analysis
Chapter 8 South Asia Erythromycin Market Analysis
Chapter 9 Southeast Asia Erythromycin Market Analysis
Chapter 10 Middle East Erythromycin Market Analysis
Chapter 11 Africa Erythromycin Market Analysis
Chapter 12 Oceania Erythromycin Market Analysis
Chapter 13 South America Erythromycin Market Analysis
Chapter 14 Company Profiles and Key Figures in Erythromycin Business
Chapter 15 Erythromycin Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
continued………….
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