High prevalence of bacterial infections is expected to drive the growth of India Erythromycin market during the forecast period.
According to TechSci Research report, “India Erythromycin Market By Composition (Erythromycin Estolate v/s Erythromycin Stearate), By Application (Respiratory Tract Infections, Eye Infections, Ear Infections, Skin and Soft Tissue Infection, Gastro-intestinal Infections and Others), By Source (In-house v/s Contract Manufacturing Organizations), By Form (Gel, Tablet, Capsule, Injection, Ointment, Ear and Eye Drops), By Distribution Channel (Online v/s Offline), By Route of Administration (Oral, Topical, Intravenous, Otic and Ophthalmic), By End User (Adult v/s Paediatric), By Company, By Region, Forecast & Opportunities, FY2026”, the India erythromycin market is expected to grow at a substantial rate during the forecast period. Erythromycin is used to treat chest infections such as pneumonia. Moreover, erythromycin topical preparations are applied on the skin to reduce acne which is expected to fuel the market growth through FY2026. In addition to this, the application of this drug during pregnancy in order to prevent Group B streptococcal infection in the newborn is further forecasted to rev up the market through FY2026. However, side-effects associated with drug consumption such as nausea, loss of appetite, diarrhea, and abdominal pain can restrict the market growth over the next few years. Also, availability of alternatives such as azithromycin in the market can also act as a major impediment to the growth of India erythromycin Market in forthcoming years.
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The India erythromycin market is segmented based on composition, application, source, form, distribution channel, route of administration, end user, company, and region. In terms of distribution channel, the market is split into online and offline. The online channel is expected to register high growth CAGR in the market over the coming years as online pharmacies offer better pricing as compared to offline stores along with increased access, convenience and greater anonymity for consumers. Based on source, the market can be categorized into in-house v/s contract manufacturing organizations. The in-house segment dominated the market until FY2020 because keeping manufacturing in-house provides a lot of flexibility to change the product. Contract manufacturing organizations segment is expected to witness significant growth in the market on account of certain operational advantages of contract manufacturing especially when the demand for a specific product is high in the market and that contract manufacturer provides additional production capacity to satisfy the customer demand.
Lupin Laboratories Ltd., Unicure India Private Ltd., Alkem Laboratories Ltd., Dr. Reddy’s Laboratories Ltd., Centurion Laboratories Private Ltd., Milan Laboratories India Pvt. Ltd., Systopic Laboratories Pvt. Ltd., Anuh Pharma Ltd., Envee Drugs Pvt. Ltd., Halycon Labs Private Limited and others are some of the leading players operating in India erythromycin market. Companies operating in the market are using strategies such as product launches, mergers and acquisitions and research collaborations to boost their share and increase their geographic reach.
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“India erythromycin market is expected to witness substantial growth during the forecast period on account of upsurge in count of regulatory approvals of drugs by regulatory agencies so that medical needs of the patients can be addressed well. Also, increasing prevalence of skin and soft tissue infections in India is further expected to create lucrative opportunities for the market growth of erythromycin market over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based India management consulting firm.
“India Erythromycin Market By Composition (Erythromycin Estolate v/s Erythromycin Stearate), By Application (Respiratory Tract Infections, Eye Infections, Ear Infections, Skin and Soft Tissue Infection, Gastro-intestinal Infections and Others), By Source (In-house v/s Contract Manufacturing Organizations), By Form (Gel, Tablet, Capsule, Injection, Ointment, Ear and Eye Drops), By Distribution Channel (Online v/s Offline), By Route of Administration (Oral, Topical, Intravenous, Otic and Ophthalmic), By End User (Adult v/s Paediatric), By Company, By Region, Forecast & Opportunities, FY2026”, has evaluated the future growth potential of India erythromycin market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India erythromycin market.