Benzathine penicillin G market outlooks and analysis by application, mode of injection, end user -forecast till 2030. It is an antibody used to treat various bacterial infections. It is also used in the treatment of rheumatic fever and related heart problems. The Benzathine Penicillin G market is expected to witness tremendous growth owing to the rising prevalence of various bacterial infections such as gonorrhea, meningitis, and others. Other key factors such as a change to sedentary lifestyle, infectious diseases, respiratory infections caused due to bacterial infections, and rheumatic heart diseases contribute towards the growth of the market.
According to the World Heart Federation, 3 million people get affected with the rheumatic heart disease every year. Such an incidence of rheumatic heart disease and meningitis supports market growth.
However, factors such as lack of awareness about the treatment and the side effects associated with treatments are expected to hinder the growth of the Benzathine Penicillin G market during the forecast period.
Key Players
Some of the key players in the global Benzathine Penicillin G market are Abcam plc, Pfizer Inc, Alembic IT Department, ECPlaza Network Inc, Sandoz International GmbH, Merck KGaA, Triveni Interchem Private Limited, CSC Pharmaceuticals, and others.
Segmentation
The global Benzathine Penicillin G market share is segmented on the basis of application, mode of injection, and end user.
On the basis of application, is segmented into bacterial infections and sexually transmitted infection (STI) syphilis therapy. Bacterial infections are further segmented into Bejel, diphtheria, and rheumatic fever.
On the basis of mode of injection, the market is segmented into intravenous and intramuscular injection.
On the basis of end user, the global Benzathine Penicillin G market is segmented into hospitals and clinics, diagnostic centers, ambulatory surgical centers, research centers, and others.
Regional Analysis
The Americas is the largest in the market owing to the increasing prevalence of rheumatic heart disorders and growing healthcare expenditure. According to the National Meningitis Association, every year approximately 600 to 1000 people are affected by the meningococcal disease in the US. Such a high incidence rate of meningococcal disease drives the market growth in this region.
Europe (UK, Belgium, France, and Netherlands) is expected to be the second largest Benzathine Penicillin G market during the forecast period. The increasing occurrence of sexually infective diseases positively drives the market in this region. According to the European Centre for Disease Prevention and Control, it is estimated that every year approximately 146 million cases of sexually transmitted infections are found worldwide.
Asia-Pacific was projected to be the fastest growing region for the global Benzathine Penicillin G market. The market is expected to witness growth owing to the increasing awareness about the treatment and increasing research and development centers in this region.
The Middle East and Africa accounts for the lowest share due to lack of availability of well-trained healthcare professionals and low per capita income. However, the rising number of hospitals and healthcare services in the community are expected to support the market. In the region, some developing countries are rising their investments in research and development which is anticipated to contribute to the growth of the market.
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