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Tuesday, April 16, 2024

Lucintel Forecasts the Global Cephalosporin Market to Reach $18 Billion by 2030

According to a market report by Lucintel, the future of the global cephalosporin market looks promising with opportunities in the first-generation cephalosporin, second-generation cephalosporin, third-generation cephalosporin, fourth-generation cephalosporin, and fifth-generation cephalosporin markets. The global cephalosporin market is expected to reach an estimated $18 billion by 2030 with a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are growing prevalence of infectious diseases, rise in R&D activities for the development of combination drugs, and increase in funding for the development of antibiotics.

A more than 150–page report is developed to understand Trends, opportunity and forecast in cephalosporin market to 2030 by type (branded and generic), route of administration (intravenous and oral), generation (first-generation cephalosporin, second-generation cephalosporin, third-generation cephalosporin, fourth-generation cephalosporin, and fifth-generation cephalosporin), application (respiratory tract infection, skin infection, ear infection, urinary tract infection, sexually transmitted infection, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, branded and generic are the major segments of cephalosporin market by type. Lucintel forecasts that generic is expected to witness the higher growth over the forecast period as it is relatively cheaper than branded medicine.

Within this market, third-generation cephalosporin is expected to witness the highest growth as it is employed in the treatment of infectious disease.

Download sample by clicking on cephalosporin market.

APAC will remain the largest region over the forecast period due to elevated occurrence of infectious diseases and a surge in the demand for cephalosporin.

Allergan, Bristol-Myers Squibb Company, F.Hoffmann-La Roche, GlaxoSmithKline, Lupin Limited, Merck & Co, and Novartis International are the major suppliers in the cephalosporin market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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