Beta-lactam and Beta-lactamase Inhibitors Market is Booming Worldwide 2020-2030
At an estimated value of over 27.49 billion USD in 2019, the global Beta-lactam and Beta-lactamase Inhibitors Market is predicted to thrive at a CAGR of 1.9% and valued at over USD 34.20 billion over the forecast year 2020-2030.

Beta-lactam and Beta-lactamase Inhibitors Market

At an estimatedvalue of over 27.49 billion USD in 2019, the global Beta-lactam and Beta-lactamase Inhibitors Market is predicted tothrive at a CAGR of 1.9% and valued at over USD 34.20 billion over the forecastyear 2020-2030.

Beta-lactaminhibitors fall under a class of antibiotics that consists of all antibioticagents that have a beta lactam ring embedded in their molecular structure.These antibiotic agents helps fight against bacterial infections and protozoainfections. The antibiotic agent either completely kills the bacteria orprevents it from growing and expanding. Names of some beta-lactam antibioticsare penicillin, cephalosporin and many others. On the other hand,beta-lactamase inhibitors are a class of drugs that block the activity ofbeta-lactamase enzymes and restricts the degradation of beta-lactam.Beta-lactamase enzymes are created either constitutively or on exposure toantimicrobials.

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Top Companies: Abbott Laboratories, Allergan plc. F.Hoffmann-La Roche Ltd., GlaxoSmithKline plc., Merck & Co. Inc. Mylan N.V.,Novartis International AG, Pfizer Inc., Sanofi, Teva Pharmaceutical Industriesand others.

The globalbeta-lactam and beta-lactamase inhibitors market share has been segmented onthe basis of drug class, disease, route of administration and geography. On thebasis of drug class, the market is categorized into Penicillin, Cephalosporin,Carbapanem, Monobactam and combination. Combination is sub segmented intoPenicillin/Beta Lactamase inhibitors, Cephalosprin/Beta Lactamase inhibitorsand Carbapanem/Beta inhibitors. On the basis of disease, the market issegmented into Urinary Tract Infection (excluding cUTI), Respiratory Infection,Skin Infection, Complicated Urinary Tract Infection (cUTI), ComplicatedIntra-Abdominal Infections (cIAI), Nosocomial Pneumonia, Blood Stream Infectionand others. Nosocomial Pneumonia is sub segmented into Hospital AcquiredPneumonia, Ventilator Associated Pneumonia and other. Based on route ofadministration, the market is segmented into oral, intravenous and others. Interms of geography, the market is categorized into North America, Europe, AsiaPacific and RoW.

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The North Americaregion is anticipated to hold the major market share as a result of advancedhealth care facilities and infrastructure in conjunction with rise inacceptance of beta-lactam and beta-lactamase inhibitors. The Asia Pacificregion is predicted to show rapid and consistent growth in market share withinthe forecast period. This region also indicates increased prevalence ofinfectious diseases in addition to rise in consumption of such drugs, whichalso serves as favorable factor for the beta-lactam and beta-lactamaseinhibitor market.

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