Metronidazole Market Overview:
Metronidazole is an Antibiotic having chemical formula C6H9N303 is used to treat different infections, Pelvic inflammatory diseases and various bacterial problems. It works by killing/ stopping the growth of certain bacteria and parasites. It is commonly used with other antibiotics. It is used for humans and specific animals like cat, dog, horse and others. Metronidazole is a synthesized pale yellow crystals that are slightly soluble in water and alcohol. But if we mix alcohol and Metronidazole it will lead to severe side effects. Metronidazole is one of the most regularly used drug for anaerobic infections.
Metronidazole Market Outlook:
Metronidazole is a white crystalline powder also called as Fragyl Orvagil. Metronidazole is not much concentrated in India but china has the key players and it has the key players in Metronidazole market who exports to other countries. Metronidazole are segmented basing on usage as Tablets, Capsules, Gel/ Cream, Injection. Usually it is used for treating infections at various parts of the body. They are used to treat sexually transmitted allergies as well. Metronidazole come under the class of Nitroimidazole Antimicrobials. It stops the bacterial growth and spreading of infection. Metronidazole comes in 3 different forms like tablets, cream and injection as well. But all these will be provided only with a General prescription because of its side effects. It may cause side effects like Vomiting, Diarrhea, Stomach cramps and others. Over dosage might cause Nausea, Loss of muscle coordination and others. It is strongly suggested to consult a doctor after over dosage. Now a days Metronidazoles are using for treating protozoal infections in dogs and cats. In horses it is used as a multi bacterial infections. It is segmented basing on distribution channels as Hospital pharmacy, retail pharmacy, Online Retails. It is not suggested to give Metronidazole wirthout a proper prescription from at least General Physician.
Metronidazole Market Growth Drivers:
Metronidazole (cream/ gel) is an antibiotic used mainly for vaginal infection. Dosage will be based on the condition being treated. There is a decline in the price of raw materials of Metronidazole which tends to increase in the production. Previously Metronidazole is used for specific human body parts but with the research and development in the Metronidazole industry has bought various applications of Metronidazole. Now Metronidazole can be used for cats, dogs and other animals which increase the demand for Metronidazole. New research and development is developing on Metronidazole usage on girls between the age of 3-18 years.
Metronidazole Market Challenges:
Apart from its advantages, It has challenges as well excessive usage of Metronidazole leads to many side effects. Another major challenge faced by Metronidazole is it increases the resistance power against antibiotics which leads to increase in the dosage prescribed to an individual. Because of its heavy power it can’t be used for children below 18 years. Sudden reduction in the price of raw materials which will bring the price of Metronidazole down is one of the concern.
Metronidazole Market Research Scope:
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Metronidazole market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Metronidazole market, and their specific applications in different types of vehicles.
Metronidazole Market Report: Industry Coverage
Conumption: Tablets, capsules, injection and creams/ gel
Applications of Metronidazole: Humans and few animals
Distribution channel of Metronidazole Market: Hospital pharmacy, retail pharmacy, online retail
Metronidazole market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
- North America: The U.S., Canada, Mexico
- South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
- Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
- APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
- Middle East and Africa: Israel, South Africa, Saudi Arabia
Metronidazole Market Key Players :
Some of the other key players mentioned in this report are Hongyuan Pharmaceutical, Yinhe Aarti Pharmaceutical, Aarti Drugs, Yichang Changjiang Pharmaceutical and others.
Metronidazole Market Trends:
- Metronidazole is a drug used to treat certain kinds of bacterial and protozoal infections. Metronidazole is used to treat a variety of infections. It belongs to the class of antibiotics. The demand for Metronidazole is increasing because of its wide range of benefits, Metronidazole is sold under various brands, so there will always be demand. Apart from that with the increase in the population there is increase in the usage of Antibiotics. Metronidazole will be available in various mg’s so that different age group people can use the antibiotic. With the increase in demand the companies are ready to merge with another companies to expand their operations, Actavis an integrated specialty pharmaceutical company has acquired worldwide rights for Metronidazole 1.3% vaginal gel.