Beta-Lactam and Beta-lactamase Inhibitor Market by Global Demand and Top Players 2020 to 2030

Posted October 31, 2020 by sheshk234

The Global Beta-Lactam and Beta-lactamase Inhibitor Market was valued at USD 27.49 billion in 2019 and is predicted to reach USD 34.20 billion by 2030 with a CAGR of 1.9% during the forecast period.

The Global Beta-Lactam and Beta-lactamase Inhibitor Market was valued at USD 27.49 billion in 2019 and is predicted to reach USD 34.20 billion by 2030 with a CAGR of 1.9% during the forecast period.

Beta-lactam inhibitors are a class of antibiotic agents that have a beta lactam ring in their molecular structure. These antibiotic agents help fight against bacterial infections and protozoa infections by killing the bacteria directly or stopping it from growing. Some examples of Beta lactam inhibitors are penicillin, carbapenem etc. Beta-lactamase inhibitors are a class of drugs that block the activity of the Beta-lactam enzymes and restricts the degradation of Beta-lactam.

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Top Companies: Abbott Laboratories, Allergan plc. F. Hoffmann-La Roche Ltd., GlaxoSmithKline plc., Merck & Co. Inc. Mylan N.V., Novartis International AG, Pfizer Inc., Sanofi and others.

The Beta-Lactam and Beta-lactamase Inhibitor market is segmented on the basis of drug class, disease, route of administration and geography. Based drug class, the market is segmented into penicillin, cephalosporin, carbapenem, monobactam and combination. Combination id sub segmented into Penicillin/Beta Lactamase Inhibitors, cephalosporins/Beta Lactamase Inhibitors and carbapenems/Beta Lactamase Inhibitors. Based on disease, the market is segmented into urinary tract infection (Excluding cUTI), respiratory infection, skin infection, complicated urinary tract infection (cUTI), nosocomial pneumonia, blood stream infection and other diseases. Nosocomial pneumonia is sub segmented into hospital acquired pneumonia, ventilator associated pneumonia and other nosocomial pneumonia. Based on route of administration, the market is segmented into oral, intravenous and other routes of administration. In terms of geographical analysis, the market is categorized into North America, Europe, Asia Pacific and RoW.

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North America is the leading region in the global Beta-Lactam and Beta-lactamase Inhibitor market. However, Asia Pacific region is anticipated to grow rapidly in terms of market size during the forecast period. The competitive nature of the global beta-lactam and beta-lactamase inhibitor market allows big players such as Mylan N.V., Allergan Plc., Abbott Laboratories etc to make large investments and further propel the growth of the market. The development and approval of new and effective beta-lactam and beta-lactamase inhibitor combinations by market players are expected to help the market thrive in future. For instance, in 2019, Indian drug manufacturer, Cipla has acquired rights to a novel and patented anti-infective called Elores. In the same year, imipenem-cilastatin-relebactam was also approved by the FDA for treating cUTIs and cIAIs.

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Issued By Shesh
Country India
Categories News
Tags Beta-Lactam and Beta-lactamase Inhibitor Market
Last Updated October 31, 2020