Rising Awareness Anticipated To Drive Ceftriaxone Sodium (Api) Market During 2021-2031
Mass technological transformation of the global healthcare industry has left key market participants struggling to traverse the complexities of medical and life sciences. Given the shifting dynamics of the global healthcare sector, pharma and biotech companies are taking measured efforts to improve patient outcomes in an effective manner, while keeping a careful watch on the bottom line.
Much is being said about Artificial Intelligence taking over manual back office and supply chain operations in the healthcare ecosystem, threatening to replace physicians from critical claims processing roles. This might put pressure on pharmaceutical companies to ensure readiness to the new technology.
Big data and analytics will drive patient outcomes in a big way, and the coming years will witness a growing emphasis on healthcare service providers in the business of gathering and processing patient health data.
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Ceftriaxone Sodium (API) are active pharmaceutical ingredient used as antibiotics to treat varied types of bacterial infections like middle ear infections, endocarditis, gonorrhea, bone and joint infections, skin infections, meningitis, pneumonia, urinary tract infections, intra-abdominal infections, and pelvic inflammatory disease. Ceftriaxone Sodium (API) is a third-generation of cephalosporin which is sometimes used in preventive medicines after surgery to avoid infection.
China and India are important market in global ceftriaxone sodium (API) market. The ongoing COVID-19 pandemic has hit both the countries hard by affecting the manufacturing units and work force involved in manufacturing of ceftriaxone sodium (API). Apart from these direct problems there exists indirect problems od choked logistics and frequent uncertain lockdown in various parts of the world which will affect the global ceftriaxone sodium (API) market.
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Ceftriaxone Sodium (API) Market: Drivers and Restraints
The major driver for the global market for ceftriaxone sodium (API) is rising prevalence of infectious diseases globally. Another major driver for the growth of API market in general would be expiration of patentability of blockbuster drugs in the coming few years which will make manufacturing of their generic versions possible for the generic manufacturers.
The big pharma giants outsource the manufacturing process after these expirations which help them to continue keeping focus on their core competencies of drug development. Such collaborations are expected to push the ceftriaxone sodium (API) market forward for growth. Changing lifestyles and life choices like smoking are making people more susceptible to infections which in turn would be a driver for the growth of the global market for ceftriaxone sodium (API).
Additionally, there is growing prevalence of hospital acquired infections worldwide which would again be a driver for the growth of international market of ceftriaxone sodium (API). Increasing number of surgeries in general are expected to make people more prone to infections which in turn can be expected to drive the global market of ceftriaxone sodium (API).
Ceftriaxone Sodium (API) Market: Segmentation
The international ceftriaxone sodium (API) treatment market is segmented based on product type, application type, distribution channel and region.
By product type, the global ceftriaxone sodium (API) market is segmented as:
- > 99.5
- > 99.8
By application type, the global ceftriaxone sodium (API) market is segmented as:
- Powder Injection
By distribution channel, the global ceftriaxone sodium (API) market is segmented as:
- Direct Sales
- Through Distributor
Ceftriaxone Sodium (API) Market: Key Players
The key players for the global ceftriaxone sodium (API) market are
- Shandong Luoxin Pharmaceutical Group Stock Co
- Livzon Pharmaceutical
- United Laboratories
- Sinopharm Sandwich
- Shanghai Pharmaceutical
- North China Pharmaceutical Co.
- China Union Chempharma
- Lupin Pharmaceuticals
- Fujian Fukang Pharmaceutical
- Qilu Antibiotics Pharmaceutical
- Youcare Pharmaceutical Group Co Ltd.
- Hospira among others.
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