Cephalosporin Drugs Market - By Generation (First, Second), Indication (Respiratory, UTI, STI, Gastrointestinal Infection), Route of Administration (Oral, Parenteral, Topical), Type (Generic, Branded), Distribution Channel, Global Forecast 2024 – 2032
Report ID: GMI8194
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Published Date: February 2024
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Report Format: PDF
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Premium Report Details
Base Year: 2023
Companies covered: 11
Tables & Figures: 303
Countries covered: 22
Pages: 150
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Cephalosporin Drugs Market Size
Cephalosporin Drugs Market size was valued at USD 14.1 billion in 2023 and is estimated to grow at a CAGR of 3.1% between 2024 and 2032. High market growth can be attributed to several factors such as increasing growing number of generic medications, rising geriatric population, advancements in drug discovery services, and incidence of bacterial infections.
For instance, according to a report by the Lancet, in 2019, more than 6 million deaths occurred as a result of three bacterial infectious syndromes, with lower respiratory infections and bloodstream infections each causing more than 2 million. Thus, the high prevalence of these infections, contributes to the increased demand for effective antibiotics such as cephalosporins, thereby escalating the growth of the market.
Cephalosporins are a class of spectrum beta-lactam antibiotics used to treat various infections. They are derived from the fungus Acremonium (formerly known as Cephalosporium) and are structurally related to penicillin. These antibiotics are effective against a wide range of bacteria, both gram-positive and gram-negative.
Cephalosporin Drugs Market Trends
However, increasing antibiotic resistance is a significant pitfall for the cephalosporin drugs industry. Cephalosporin-resistant strains of bacteria can emerge, rendering cephalosporins less effective in treating infections caused by these resistant organisms.
Cephalosporin Drugs Market Analysis
Based on generation, the market is classified into first generation cephalosporins, second generation cephalosporins, third generation cephalosporins, fourth generation cephalosporins, and fifth generation cephalosporins. The second-generation cephalosporins segment dominated the market in 2023 with a market share of 35%.
Based on application, the global cephalosporin drugs market are classified into respiratory infections, urinary tract infections (UTIs), skin and soft tissue infections, sexually transmitted infections (STIs), gastrointestinal infections, and other indications. The urinary tract infections (UTIs) segment held the largest business revenue of USD 5.5 billion in 2023.
Based on route of administration, the cephalosporin drugs market are divided into parenteral, oral, and topical. The parenteral segment is expected to reach the largest market revenue of USD 11.3 billion by 2032.
Based on drug type, the global cephalosporin drugs market are bifurcated into branded and generic. The branded segment is anticipated to grow at a CAGR of 2.8% between 2024 - 2032.
Based on distribution channel, the global cephalosporin drugs market are classified into hospital pharmacy, retail pharmacy, and online pharmacy. The hospital pharmacy segment dominated the market in 2023.
In 2023, North America held a significant share of 42.2% in the global cephalosporin drugs market.
Cephalosporin Drugs Market Share
The cephalosporin drugs industry is characterized by diverse players competing in the industry. Pfizer Inc., Bristol-Myers Squibb Company, F. Hoffmann-La Roche AG, and Novartis AG, account for significant market share. These prominent players adopt a combination of strategic initiatives such as collaboration & partnership, global expansion strategies, research and development, product diversification, and regulatory compliance to maintain a competitive edge in the market.
Cephalosporin Drugs Market Companies
Foremost players operating in the cephalosporin drugs industry are as mentioned below:
Cephalosporin Drugs Industry News
The cephalosporin drugs market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 to 2032 for the following segments:
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Market, By Generation
Market, By Indication
Market, By Route of Administration
Market, By Drug Type
Market, By Distribution Channel
The above information is provided for the following regions and countries: