The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s aminoglycosides market report forecasts the aminoglycosides market size to grow to $2.10 Billion by 2027, with a CAGR (compound annual growth rate) of more than 4%.

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Aminoglycosides Market Size Forecast
The global aminoglycosides market is expected to grow from $1.68 billion in 2022 to $1.76 billion in 2023 at a compound annual growth rate (CAGR) of 4.49%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aminoglycosides market is expected to reach $2.10 billion in 2027 at a CAGR of 4.60%.

Asia-Pacific held the largest aminoglycosides market share, and North America was the fastest-growing region in 2022.

Key Aminoglycosides Market Driver ­– Rise In The Incidences Of Animal Disease Outbreak
For instance, in July 2022, an anthrax outbreak, a disease of humans and other mammals is reported and monitored in the remote areas of the largest national park in Canada– Wood Buffalo National Park. Therefore, the rising incidences of animal disease outbreaks will continue to drive the aminoglycosides market.

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Key Aminoglycosides Market Trend – Process Innovation
Major companies operating in the aminoglycosides market are focused on developing new process solutions to strengthen their position in the market. For instance, in September 2021, CPC Biotech, the specialist supplier of enzymes to the pharmaceutical and biotech industries, launched Aminosniper as its unique solution for the inactivation of aminoglycosidic antibiotics. Aminosniper is an enzyme-based product that can be used as a lab reagent belonging to the aminoglycosides class for verifying the sterility of products or surfaces contaminated by antibiotics belonging to the aminoglycosides class.

Aminoglycosides Market Segment
1) By Product: Neomycin, Tobramycin, Gentamicin, Amikacin, Paromomycin, Streptomycin, Kanamycin, Other Products
2) By Route Of Administration: Injectables (Parenteral), Feed, Intra-Mammary, Topical, Oral
3) By Application: Veterinary, Skin Infection, Respiratory Diseases, UTI And Pelvic Diseases, Other Diseases

Aminoglycosides Market Major Players and Strategies
Major players in the aminoglycosides market are Kremoint Pharma Pvt. Ltd., Vega Pharma Ltd., Jiangxi Bolai Pharmacy Co. Ltd., Xian Wison Biological Technology Co. Ltd., Hangzhou Uniwise International Co. Ltd., HuvePharma, Yi Chang Veterinary Medicine Factory, Medson Pharmaceuticals, Medico Remedies Pvt. Ltd., Cipla Limited, Pfizer Inc., AbbVie Inc (Allergan Plc), Teva Pharmaceutical Industries Ltd., Zoetis Inc., Taiwan Fructose, Novartis AG, Johnson & Johnson and Bristol Myers Squibb Company.

In July 2019, Cipla, an India-based pharmaceutical company acquired Zemdri (a prescription drug used for the treatment of complicated urinary tract infections) from Achaogen Inc. for an undisclosed amount. Through this acquisition, Cipla aimed to deepen the pipeline of specialty products in the US and identified focus areas of the central nervous system, lung delivery of medicines, and institutionally administered products. Achaogen Inc is a US-based biopharmaceutical company developing novel antibacterial treatments against multi-drug resistant gram-negative infections.

The Aminoglycosides Global Market Report 2023 covers regional data on aminoglycosides market size, aminoglycosides market trends and drivers, opportunities, strategies, and aminoglycosides market competitor analysis. The countries covered in the aminoglycosides market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Aminoglycoside is a class of antibiotics that inhibits protein synthesis. These are used in the treatment of aerobic gram-negative bacilli infections of the abdomen and urinary tract, as well as bacteremia and endocarditis.

View More Reports Related To The Aminoglycosides Market –
AgroScience Global Market Report 2023
Animal Antibiotics And Antimicrobials Global Market Report 2023
Veterinary Antibiotics Global Market Report 2023

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