According to the current analysis of Reports and Data, the global Amoxicillin market was valued at USD 4,570.5 Million in 2020 and is expected to reach USD 5,072.9 Million by the year 2028, at a CAGR of 1.30%. The amoxicillin antibiotics is a generic category of drug. It is also known by the name Amoxil and is usually administered in the treatment involving bacterial infections. The compound belongs to the β-lactam drug class of antibiotics. The amoxicillin medication is used in treating infections such as, pneumonia, ear infections, bronchitis, sinusitis, infections of the skin, and urinary tract infection (UTI). Its use for UTI is found to be used most than any other antibiotics. This antibiotic can also be taken in combinations with other drugs, such as amoxicillin and clavulanate potassium, it is used for treating bacterial infections mentioned before. The use of amoxicillin antibiotics for tooth infection is also popular. The increasing frequencies of bacterial infections in low-income countries, developing countries and other parts of the world will be the most significant factor in driving the growth of this market. Also the increasing research and applications of combination drugs with this medication will fasten the progress of the market. Furthermore, these medicines are safe to be taken together with birth control pills. Although, the possible side effects of amoxicillin are expected to hamper the development of the market to some extent.
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Market Overview:
The pharma and healthcare industry is at a crossroads. Patients are benefiting from the promise of cell and gene therapies; uncommon diseases that were previously thought to be incurable are on the verge of finding true treatments. Artificial intelligence (AI) and machine-learning technologies are creating hopes that therapy discovery and development would be more innovative, as well as faster and cheaper. Manufacturing, the supply chain, and the entire healthcare ecosystem all have the potential to benefit from data-driven initiatives. Consumer attitudes and behaviours are shifting in a variety of ways, from growing use of technology and willingness to share data to an interest in using tools to make prescription and treatment decisions. Such factors will drive pharma and healthcare market growth in the coming years.
Some key highlights of the report:
- The online pharmacies segment is expected to grow with a CAGR of 1.9% during the forecast period. Retail pharmacies i.e. drug stores remains the chief revenue generating segment in global market for the target antibiotic drug.
- Antibiotics are used to save thousands of lives each year by killing the harmful bacteria in the body. However these antibiotics destroys the desired bacteria in the human intestines, known as the microbiome, as well, which can result into potential health problems. Doctors are aware now that each antibiotic prescription has the potential to lead to some very harmful microbiome-related health outcomes in the patient. These dynamics hold the potential to disrupt the market of amoxicillin.
- A study on effectiveness of antibiotics on treating non severe acute exacerbations in children with non-cystic fibrosis bronchiectasis recently claimed that amoxicillin should remain the first line antibiotic for treating the same. The study took three antibiotics under consideration in the study, placebo, azithromycin plus placebo amoxicillin clavunate.
- There is an assortment of branded and generic rendition of amoxicillin medications are accessible in the market. Many manufacturers are manufacturing amoxicillin sedates and conveying in the market. The amoxicillin medications can likewise utilize a blend with different medications used to treat a bacterial disease, for example, triple treatment (amoxicillin/clarithromycin/lansoprazole) and double treatment (amoxicillin/lansoprazole). These double and triple treatments are under clinical preliminaries.
- North America remains the key revenue generating geographical segment in Amoxicillin market. The geographical segment accounted for USD 1.42 billion in 2018. Availability of research funds from public as well as private sources, availability of state-of-art technologies, presence of key market players in the region, favorable reimbursements scenarios, rising focus on precision medicine, and rising awareness about treatments of infectious diseases, are among the key factors driving the market growth for Amoxicillin in this region.
Key Players covered in this report are
AMP Pharma Corporation, Novartis, Dr. Reddy's Laboratories, Sun Pharmaceuticals, Proficient Rx LP., Sanis Health Inc, Nucare Pharmaceuticals, Inc., Northwind Pharmaceuticals, A-S Medication Solutions, Bryant ranch prepack and others.
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Infection Type Outlook (Revenue in Million USD; 2018–2028)
- Skin Infections
- ENT (Ear, Nose & Throat) Infections
- Stomach Infections
- Lungs Infections
- Urinary tract infections (UTI)
- Pneumonia
- Bronchitis
- Gonorrhea
Route of Administration Outlook (Revenue in Million USD; 2018–2028)
- Oral
- Intravenous
Form Outlook (Revenue in Million USD; 2018–2028)
- Tablets
- Capsule
- Suspensions
- Syrup
- Powder
Distribution Channels Outlook (Revenue in Million USD; 2018–2028)
- Hospitals Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Others
Key Regional Markets Studied in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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