Roxithromycin Market: View Uses, Side Effects and Medicines | Detailed Study by Coherent Market Insights with Upcoming Trends
Global Roxithromycin Market Analysis
Roxithromycin, sometimes known as arrow-roxithromycin, is a semi-synthetic macrolide drug that works by interrupting with protein synthesis to stop bacteria from growing. Conjunctivitis, rhinitis, bronchitis, pneumonia, urinary and ligamentous infections, and otitis media are among the bacterial illnesses for which the medicine is used.
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Growing study into novel roxithromycin uses is projected to boost the global roxithromycin market forward over the forecast period. According to a study published in July 2018 by Otago University in New Zealand, roxithromycin can be used to treat myeloma, a malignancy of plasma cells that generally develops in the bone marrow and is characterized by low hemoglobin levels. The medicine helps to raise hemoglobin levels, implying that the quantity of myeloma in the bone marrow has decreased. The medicine is still being studied to see if it can be used to treat myeloma.
Recalls of drugs owing to quality-control problems are projected to stymie the global roxithromycin market’s expansion. Rom-150 pills (Roxithromycin 150mg) made by Zee Laboratories and supplied by Codupha Central Pharmaceutical JSC in Vietnam were recalled by the Ministry of Health in Vietnam in July 2016. The National Institute of Drug Quality Control conducted testing that led to the recall of these medications.
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During the forecast period, North America is estimated to dominate the global roxithromycin market. This is due to increased government measures to combat antimicrobial resistance and increased knowledge about effective antibiotic usage. In March 2015, Health Canada published a Federal Action Plan with regulations to mitigate the effects of antimicrobial resistance in Canada, including infection control, antimicrobials research and development, and effective antibiotic use for health professionals and the general public.
During the forecast period, the global roxithromycin market is projected to rise significantly in Asia Pacific. This is due to a high prevalence of infectious diseases, uncontrolled antibiotic sales, and a poor healthcare system in countries like India, all of which are contributing to increased antibiotic usage. As per a paper published in the journal The Lancet Infectious Diseases in February 2017, roxithromycin is in high demand across Asia Pacific's Low- and Middle-Income Countries (LMICs), such as Nepal, Pakistan, India, and Bangladesh, due to lax laws and easy access to antibiotics.
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Major companies contributing to the global roxithromycin market are Johnson & Johnson Private Limited, Bayer AG, Galderma S.A, Finecure Pharmaceuticals Ltd., Hetero Healthcare Ltd., Stiefel Laboratories, Zhejiang Zhenyuan Pharmaceutical Co Ltd, Valeant Pharmaceutical International, Allergan plc., and Hygeia Laboratories Inc.
Table of Content
Global Roxithromycin Market Research Report
Section 1: Global Roxithromycin Industry Overview
Section 2: Global Economic Impact on Roxithromycin Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Roxithromycin Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Roxithromycin Market Forecast
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