This report offers a detailed quantitative analysis of the current market trends from 2017 to 2023 to identify the prevailing opportunities. The market estimations provided in this report are based on comprehensive analysis of the key developments in the industry.

Portland, OR -- (SBWire) -- 06/29/2018 --Penicillin is one of the most widely used antibiotic agents derived from Penicillium mold and used against several bacterial infection treatments. Their mechanism of action includes killing the bacteria by bursting their cell wall or by inhibiting their growth. Various kinds of penicillin are available to treat different kinds of infections, each one is specific for one kind of bacteria. Presently they are the most commonly used antibiotics, due to their diversity in usage against different types of bacteria. Penicillin drugs are used in the treatment of diseases such as throat infections, meningitis, and others.

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Increase in prevalence of contagious diseases and rise in investments for R&D are the key factors that drive the growth of the global penicillin market. In addition, upsurge in demand for generic drugs is anticipated to fuel the market growth. However, stringent government regulations to limit the use of antibiotics and patent expiry for these antibiotic manufacturing are major factors that restrain the market growth. Moreover, rise in antimicrobial resistance of microbes and introduction of novel antibiotics with lesser side effects hamper the growth of the market. Conversely, new product development and usage of penicillin in cell cultures as a potent antibacterial agent are expected to provide potential opportunities for market expansion.
The global penicillin market is segmented on the basis of product, type, manufacturing process, mode of delivery, and end user. By product, the market is bifurcated into bulk and dosage. Based on type, it is categorized into aminopenicillin, antipseudomonal penicillin, beta-lactamase inhibitor, natural penicillin, and penicillinase-resistant penicillin. According to manufacturing process, it is divided into synthetic process, natural process, and semisynthetic process. Depending on mode of delivery, it is classified into oral, intramuscular, intravenous. As per end user, it is fragmented into hospitals, clinics, research institutes, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Key Benefits
-This report offers a detailed quantitative analysis of the current market trends from 2017 to 2023 to identify the prevailing opportunities.
-The market estimations provided in this report are based on comprehensive analysis of the key developments in the industry.
-In-depth analysis based on geography facilitates in analyzing the regional market to assist in strategic business planning.
-The development strategies adopted by key manufacturers are enlisted in the report to understand the competitive scenario of the market.

Major players in the Key Players Penicillin Market Pfizer, Merck & Co., Inc., Novartis AGF., Hoffmann-La Roche Ltd., Astellas Pharma Inc., GlaxoSmithKline plc., Gilead Sciences Inc.,Toyama Chemical Co., Ltd, MiddleBrook Pharmaceuticals, Inc., Sanofi Aventis SA

The other players of the global penicillin market include (companies not profiled in the report) Takeda Pharmaceutical Company Ltd.,Eli Lilly, Celgine Corporation., Bristol Myers Squibb C., Biogen IDEC., Bayer HealthCare AG., Amgen., Bristol Myers Squibb Co.,Abbot Laboratories

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