Global Pediatric Antibiotics Market
Overview:
Antibacterial medications, commonly known as antibiotics are used for slowing down or destroying bacteria growth in the body. These medications have several high power drugs that are used as treatment for bacteria related diseases. Antibiotic medications have often proved to be lifesaving treatment for kinds suffering bacterial infection. These medications are commonly prescribed to children; however, viral infections such as flu, cold and coughs cannot be treated with these medications.
Global pediatric antibiotics market is expected to have a value of US$ 6,478.9 million in 2022 and is estimated to show a CAGR of 2.3% over the forecast period (2022–2030).
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Market Drivers:
Major players in the market are focusing on adoption of various inorganic growth strategies, which is expected to propel growth of the global pediatric antibiotics market over the forecast period. For instance, in April 2020, Venatorx Pharmaceuticals collaborated with the Global Antibiotic Research and Development Partnership (GARDP), for accelerating access and development of cefepime-taniborbactam, which is an investigational combination of fourth-generation antibiotic cefepime and carbapenem-resistant Pseudomonas aeruginosa (CRPA).
Moreover, growing cases of bacterial infections in children is also expected to augment growth of the global pediatric antibiotics market over the forecast period. For instance, in July 2021, UpToDate, Inc., a point-of-care medical resource reported that, 7% of young children and febrile infants suffer urinary tract infections (UTI) around the world.
Impact of COVID-19:
The pediatric antibiotics market faced major challenges during the COVID-19 pandemic. The global economy was significantly affected by the epidemic. As many countries imposed lockdown regulations, the manufacturing activities in various industries were disrupted. Moreover, there was disruption in supply of raw materials due to adversely impacted transportations. The product demand also declined as there were irregularities in distribution of products. Thus, the market was negatively impacted by the COVID-19 pandemic.
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Restraints:
Adverse effects resulting from the bad reactions of some antibiotics such as allergic reactions, diarrhea, toxic epidermal necrolysis and among others, and strict regulations for antibiotics use in children are the factors that are likely to impede growth of the global pediatric antibiotics market over the forecast period.
Market Taxonomy:
- By Infection :
- Acute Sinusitis
- Acute Otitis Media
- Non-Specific Upper Respiratory Tract Infections
- Urinary Tract Infections
- Others
- By Route of Administration :
- Oral
- Topical
- Intravenous
- Others
- By Distribution Channel :
- Hospital Pharmacies
- Retail Pharmacies
- E-Commerce
- By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Players:
Major players functioning in the global pediatric antibiotics market are Torrent Pharmaceuticals Ltd., Johnson & Johnson, Glenmark Pharmaceuticals, Astellas Pharma, Inc, Cipla Inc., Pfizer Inc., Hikma Pharmaceuticals PLC, Novartis AG, GlaxoSmithKline Plc., Bayer AG, Aurobindo Pharma USA, Bristol-Myers Squibb Company, Teva Pharmaceuticals USA, Inc., Abbott., Dr. Reddy’s Laboratories Ltd, and DAIICHI SANKYO COMPANY, LIMITED.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Infection
- Market Snapshot, By Route Of Administration
- Market Snapshot, By Distribution Channels
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunity
- Impact Analysis
- Regulatory Scenario
- Market Trends
- Key Developments
- Epidemiology
- PEST Analysis
- Collaboration and Acquisition
- Porters Analysis
- Treatment Algorithm
- Market Dynamics
- Global Pediatric Antibiotics Market – Impact of Coronavirus (COVID-19) Pandemic
- Economic Impact
- Impact on Demand and Supply
- COVID-19 Impact Assessments
- Global Pediatric Antibiotics Market, By Infection, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Acute Sinusitis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Acute Otitis Media
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Non-Specific Upper Respiratory Tract Infections
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Urinary Tract Infections
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Introduction
- Global Pediatric Antibiotics Market, By Route Of Administration, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Oral
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Topical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Intravenous
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Introduction
- Global Pediatric Antibiotics Market, By Distribution Channel, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Hospital Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- E-Commerce
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Introduction
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