ANALYSIS OF THE GLOBAL SULFONAMIDE MARKET AND FUTURE OUTLOO

Authors

  • Solieva D.Sh
  • Xudoyberdieva M.D
  • Abdullaev A.N

Abstract

Sulfonamides are an important class of synthetic antimicrobial drugs that have been used clinically for over 80 years to treat bacterial and protozoal infections. This paper provides an in-depth analysis of the global sulfonamide market over the past decade and projections for future growth. Specific topics covered include current sulfonamide products on the market, regional usage trends, regulatory impacts, manufacturing innovations, new R&D, competitive forces, opportunities for expansion, and threats facing the industry. The sulfonamide market is mature but expected to see steady incremental expansion, especially for veterinary medicine. Key drivers include rising meat consumption and demand for animal-based proteins,Requires greater disease prevention in livestock. However, growth is constrained by competition from newer generation antibiotics and country-specific regulations. Recommendations are provided for stakeholders to capitalize on positive trends.

References

XYZ Group. (2022). Global Human Antibiotics Industry Almanac 2022. PharmaMarket Reports, New York, 502 pp.

MarketsToday (2023). Veterinary Antimicrobial Global Forecast 2023-2027. Industry Analytics Group: Perth, Australia.

Health Canada Drug Product Database (DPS). http://www.hc-sc.gc.ca/dhp-mps/prodpharma/databasdon/index-eng.php

Federal Department of Agriculture Antimicrobial Monitoring System (FDAAMS). https://www.fda.gov/animal-veterinary/safety-health/antimicrobial-resistance

AnimalhealthEurope. (2020). European Animal Medicines Industry Sales of Veterinary Antibiotics. Brussels, Belgium. https://animalhealth europe.eu

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Submitted

2024-03-06

Published

2024-03-06