The global azithromycin market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor that is driving the market growth includes the increasing prevalence of bacterial infection. Azithromycin is a class of drugs, belongs to anti-bacterial antibiotics. It is an antibiotic that supports the treatment of bacterial infections. It is commonly sold under the brand names Zithromax and Zmax. A doctor may prescribe azithromycin to treat mild-to-moderate infections of the lungs, sinuses, skin, and other body parts. It can resist harmful bacteria from growing and is able to fight a wide range of bacteria, including many in the streptococcus family.
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Azithromycin is among the world’s best-selling antibiotics. It is proved to be extremely efficient and capable of remaining in the body tissue longer than another similar alternative. Companies are investing and investigating significantly in the azithromycin market for a new treatment, opening the way to new markets. Increasing prevalence of bacterial infections, rising focus on expanding application scope of azithromycin for different indications, and increasing availability of azithromycin tablets as generic and brand-name drugs are some factors, that are expected to boost the market growth. Moreover, rising investment and funding to accelerate research activities in the pharmaceutical sector and an increasing number of product approvals from regulatory bodies are other key factors expected to contribute to market growth during the forecast period.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Product
- By Application
Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape: Pfizer Inc., Mylan N.V., and Teva Pharmaceutical Industries Ltd., among others.
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Global Azithromycin Market Report Segmentation
By Product
- Oral
- Injectable
- Ophthalmic
By Application
- Bacterial Infections
- Mycobacterium Avium Complex (MAC) Infection
- Others
Global Azithromycin Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
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