• Popular
    • Medicine
    • Radiology
    • Cardiology
    • Surgery
    • Nanomedicine
    • Military Medicine
    • Rehab
  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS
  • Submit PR
  • Log in
Medgadget
Medgadget
  • Popular
    • Medicine
      Nanopore Sensor to Study Protein Aggregation in Neurodegeneration

      Nanopore Sensor to Study Protein Aggregation in Neurodegeneration

      Biobots Use Optogenetic Muscle Actuators for Movement

      Biobots Use Optogenetic Muscle Actuators for Movement

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Medgadget Visits Healthcareᐩ Expo Taiwan

      Medgadget Visits Healthcareᐩ Expo Taiwan

    • Radiology
      Ultrasound Tornado Rapidly Disrupts Blood Clots

      Ultrasound Tornado Rapidly Disrupts Blood Clots

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Fluorescence Imaging System Illuminates Tumor Depth

      Fluorescence Imaging System Illuminates Tumor Depth

      Soft Robot Grows Like a Plant to Travel Through Tight Spaces

      Soft Robot Grows Like a Plant to Travel Through Tight Spaces

    • Cardiology
      Belt Monitors Heart Failure Patients

      Belt Monitors Heart Failure Patients

      Camera Measures Blood Pressure with Quick Look

      Camera Measures Blood Pressure with Quick Look

      Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

      Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

    • Surgery
      Biobots Use Optogenetic Muscle Actuators for Movement

      Biobots Use Optogenetic Muscle Actuators for Movement

      Implantable Device Adheres to Muscle, Treats Atrophy

      Implantable Device Adheres to Muscle, Treats Atrophy

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Electrospun Construct Mimics Elasticity of Blood Vessels

      Electrospun Construct Mimics Elasticity of Blood Vessels

    • Nanomedicine
      Extra Hot Nanoparticles for Cancer Therapy

      Extra Hot Nanoparticles for Cancer Therapy

      Making Tumors Tastier for the Immune System

      Making Tumors Tastier for the Immune System

      Improved Membrane Coating for Anti-Cancer Nanoparticles

      Improved Membrane Coating for Anti-Cancer Nanoparticles

      Magnetic Bacteria Target Tumors

      Magnetic Bacteria Target Tumors

    • Military Medicine
      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fabric Makes Electricity from Movement to Power Wearables

      Fabric Makes Electricity from Movement to Power Wearables

      Wearable Uses Microneedles to Track Metabolism

      Wearable Uses Microneedles to Track Metabolism

    • Rehab
      Smart Walking Stick for Visually Impaired People

      Smart Walking Stick for Visually Impaired People

      Implantable Device Adheres to Muscle, Treats Atrophy

      Implantable Device Adheres to Muscle, Treats Atrophy

      Non-Invasive Spinal Modulation for Cerebral Palsy

      Non-Invasive Spinal Modulation for Cerebral Palsy

      Implanted Magnets for Prosthetic Control

      Implanted Magnets for Prosthetic Control

  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Log in
  • Submit PR
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS

Topical Antibiotics Market is Driven by Growing Prevalence of Skin Infections Worldwide

September 7th, 2021 Transparency Market Research Releases

Topical Antibiotics Market: Introduction

According to the report, the global topical antibiotics market was valued at US$ 5.8 Bn in 2019 and is projected to grow at a rapid pace from 2019 to 2027. Topical antibiotics are preparations manufactured in cream or ointment form that can be applied directly over the skin. Topical antibiotics are used for indications such as acne vulgaris, fungal skin infections, viral skin infections, and second line option for localized impetigo. Several topical antibiotics are available as over-the-counter (OTC) and prescription products.

High Prevalence and Increase in Incidence Rate of Dermatological & Ophthalmic Disorders to Drive Global Market

Dermatological and ophthalmic disorders differ across the globe based on geographic location, climatic conditions, socioeconomic status, lifestyles, age, gender, heredity, and personal habits. High prevalence and substantial increase in incidence rate of various dermatological and ophthalmic infectious disorders across the globe are key factors driving the global topical antibiotics market. According to the World Health Organization (WHO), over 900 million people were affected with skin disease in 2017 and around 80% of the skin disorders account for five common skin disorders. Acne is one of the most prevalent skin disorders, affecting around 9.4% of the global population. It is the eighth most prevalent disease across the world.

Request Brochure of Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=44919

According to the American Academy of Dermatology (AAD), acne is the most common skin disease in the U.S. that affects around 50 million people every year. Moreover, around 85% of youngsters between the ages 12 and 24 experience at least minor acne. Rosacea affects around 16 million people in the U.S. each year. Over 3 million cases of impetigo are reported in the country every year. Moreover, rhe prevalence rate of acne in Europe is around 57.8% and conjunctivitis affects about 6 million people in the U.S. every year. Hence, increase in incidence rate of dermatological and ophthalmic disorders across the globe and rise in awareness about various skin diseases are projected to drive the topical antibiotics market during the forecast period.

Tetracycline to Lead Global Market

In terms of drug class, the global topical antibiotics market has been classified into tetracycline, aminoglycosides, erythromycin, clindamycin, and others. The tetracycline segment dominated the global topical antibiotics market during the forecast period. The growth of the segment can be attributed to a large number of existing and pipeline drugs in this class, which are likely to be introduced by the end of 2022. Significant usage in treating bacterial infections is a key factor driving the tetracycline segment.

Gels to Offer Lucrative Opportunities

Based on dosage form, the global topical antibiotics market has been categorized into ointments, creams, powder, gels, and others. The gels segment is likely to dominate the global topical antibiotics market during the forecast period. The dominance of the segment can be attributed to properties of gels such as easy to apply, transparent, and protective barrier on sensitive skin.

Request for Custom Research – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=44919

Skin Infection to Propel Demand for Topical Antibiotics

In terms of indication, the global topical antibiotics market has been divided into skin infection, eye infection, bromhidrosis, and others. The skin infection segment dominated the global topical antibiotics market in 2019. An infection of the skin can be caused by bacteria, fungus, viruses, or parasites. When this happens, it can cause pain, swelling, other types of discomfort, and skin color changes. A skin infection could be mild or serious. The four types of skin infection are bacterial, viral, fungal, and parasitic.

OTC Drugs to Witness High Demand

Based on product type, the global topical antibiotics market has been bifurcated into prescription and OTC. The OTC segment dominated the global topical antibiotics market in 2019. Topical antibacterial drugs are one of the over-the counter (OTC) medications that are also known as self-medication products. Common topical antibiotics available OTC are bacitracin, neomycin, fusidic acid, clindamycin, mupirocin, gentamicin, erythromycin, polymyxin B, and chloramphenicol. These topical antibiotics are available as sole agent as well as in combination with other topical antibiotics or with topical corticosteroids. Hence, easy availability of topical antibiotics as OTC medicines is expected to boost the growth of the segment.

Retail Pharmacies to be Major Distribution Channel

Based on distribution channel, the global topical antibiotics market has been categorized into hospital pharmacies, retail pharmacies, and others. High rate of establishment of retail pharmacies drives the segment. Increase in approval for sale of topical antibiotics in retail pharmacies and availability of topical antibiotics market, as OTC products are expected to drive sales. These factors are likely to augment the retail pharmacies segment during the forecast period.

Buy Topical Antibiotic Market Research – https://www.transparencymarketresearch.com/checkout.php?rep_id=44919&ltype=S

Topical Antibiotics Market: Prominent Regions

In terms of region, the global topical antibiotics market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global topical antibiotics market in 2019, followed by Europe. The U.S. accounted for the largest share of the market in North America in 2019. Increase in customer awareness about health and well-being coupled with rise in healthcare costs drives the demand for topical antibiotics in the region. Moreover, surge in incidence of injuries and trauma, and follicular keratinization caused by large deposits of fatty acids contribute to increase in incidence of acne in the U.S. This can be attributed to sedentary lifestyle and increased propensity to consume fatty food items among people in the country.

High prevalence of bacterial infections and rise in the per capita healthcare expenditure in North America are expected to propel the market in the region during the forecast period.

Launch of Innovative Products and M&A by Key Players to Augment Global Market

The global topical antibiotics market is highly fragmented with a large number of players holding majority share in domestic markets. Development and commercialization of topical antibiotics are key trends in the global topical antibiotics market. Moreover, companies are engaged in broadening product offerings in topical antibiotics and strengthening positions in the global market. Prominent players operating in the global topical antibiotics market include Novartis AG, GlaxoSmithKline plc, Perrigo Company plc, Pfizer, Inc., Almirall, S.A., Bausch Health Companies, Inc. (Valeant Pharmaceuticals International, Inc.), Medimetriks Pharmaceuticals, Inc., Taro Pharmaceutical Industries Ltd., and Mayne Pharma Group Limited.

More Trending Reports by Transparency Market Research –

Veterinary Equipment & Disposables Market: https://www.transparencymarketresearch.com/veterinary-equipment-disposables-market.html

Catheter Stabilization Devices Market: https://www.transparencymarketresearch.com/catheter-stabilization-device-catheter-securement-device-market.html

Intracranial Stents Market: https://www.transparencymarketresearch.com/intracranial-stents-market.html

About Us

Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Transparency Market Research,

90 State Street, Suite 700,

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Website: https://www.transparencymarketresearch.com/

Sign up and submit a press release

Sponsored
New Clarius Power Fan HD3 Delivers a First for Handheld Ultrasound: Continuous Scanning

New Clarius Power Fan HD3 Delivers a First for Handheld Ultrasound: Continuous Scanning

Fluidx Unveils New Embolic for Neurovascular Use

Fluidx Unveils New Embolic for Neurovascular Use

Annalise.ai and Nuance Communications (a Microsoft Company) Announce Key Partnership to Improve Patient Outcomes with Workflow-Integrated AI

Annalise.ai and Nuance Communications (a Microsoft Company) Announce Key Partnership to Improve Patient Outcomes with Workflow-Integrated AI

PT Genie Unveils New Brand Identity Reflecting Company’s Transformation and Focus on the Global Future of AI and Machine Learning in Digital Healthcare

Clarius Marketplace Unlocks the Power of AI Innovation for Ultrasound Imaging

Clarius Marketplace Unlocks the Power of AI Innovation for Ultrasound Imaging

interviews & reviews
Balance Boards to Stay Active in the Offfice: Interview with Joel Heath, CEO of FluidStance 

Balance Boards to Stay Active in the Offfice: Interview with Joel Heath, CEO of FluidStance 

Exciting Medtech at the Healthcareᐩ Expo Taiwan

Exciting Medtech at the Healthcareᐩ Expo Taiwan

Medgadget Visits Healthcareᐩ Expo Taiwan

Medgadget Visits Healthcareᐩ Expo Taiwan

Diabetes Management Tech for Type II patients: Interview with Jeffrey Brewer, CEO of Bigfoot Biomedical

Diabetes Management Tech for Type II patients: Interview with Jeffrey Brewer, CEO of Bigfoot Biomedical

Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

In-Office Pediatric Ear Tube Procedures: Interview with Preceptis Medical's Greg Mielke

In-Office Pediatric Ear Tube Procedures: Interview with Preceptis Medical's Greg Mielke

Symani Microsurgical Robotic System: Interview with Mark Toland, CEO of Medical Microinstruments

Symani Microsurgical Robotic System: Interview with Mark Toland, CEO of Medical Microinstruments

  • Subscribe
  • Contact us
  • Submit
  • About
  • Back to top
Medgadget

Medical technologies transform the world! Join us and see the progress in real time. At Medgadget, we report the latest technology news, interview leaders in the field, and file dispatches from medical events around the world since 2004.

  • About
  • Editorial policies
  • Contact
  • Terms of Service
  • Privacy
  • Submit press release
  • Advertise
© Medgadget, Inc. All rights reserved. | The Medical Revolution Will Be Blogged.
Please support this website by adding us to your whitelist in your ad blocker. Ads are what helps us bring you premium content! Thank you!
Posting....
  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Email