India neomycin market is expected
to grow at a formidable rate during the forecast period. Neomycin is an
antibiotic which is effective against both gram-positive and gram-negative bacteria.
The India neomycin market is driven by use of this drug in combination with
polymyxin B sulfate and dexamethasone in ophthalmic preparations for treating infections
in the eye. Moreover, neomycin is widely used to treat skin and structures
infections which is forecasted to positively influence the market growth. Growing
innovations and new product launches is further expected to boost the growth of
India neomycin market through FY2026.
The India neomycin market is
segmented based on form, source, route of administration, type of composition, distribution
channel, application, end user,
company, and region. Based on application, the market can be segmented into ear
infection, skin infection, ocular infection and others. Among these, ocular
infection segment is expected to witness high growth in the market over the
coming years on account of utilization of ophthalmic solution containing
neomycin in combination with polymyxin B sulfates and dexamethasone for treating
steroid-responsive inflammatory ocular conditions.
The major players operating in the
India neomycin market are Taj Pharmaceuticals Ltd., Salvavidas Pharmaceutical
Pvt. Ltd., Lexicare Pharma Pvt. Ltd., Facemed Pharmaceuticals Pvt. Ltd., Unichem
Laboratories Ltd., Gujarat Pharma Lab Pvt. Ltd., Dupen Lab Pvt. Ltd., Caldern
Pharmaceuticals Ltd., Sunways India Pvt. Ltd., Allergan India Pvt. Ltd., and others.
Major companies are developing advanced technologies and launching new products
in order to stay competitive
in the market. Other competitive strategies include mergers & acquisitions,
research collaborations and new product developments to expand their geographic
reach and to increase their customer basis.
Years considered for this report:
Historical Years: FY2016-FY2019
Base Year: FY2020
Estimated Year: FY2021
Forecast Period: FY2022–FY2026
Objective of the
Study:
- To analyze and estimate the market size of India
neomycin market from FY2016 to FY2019.
- To estimate and forecast the market size of India
neomycin market from FY2020 to FY2026 and growth rate until FY2026.
- To classify and forecast India neomycin market
based on form, source, route of administration, type of composition, distribution
channel, application, end user, company, and regional distribution.
- To identify dominant region or segment in the India
neomycin market.
- To identify drivers and challenges for India neomycin
market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in India
neomycin market.
- To identify and analyze the profile of leading
players operating in India neomycin market.
- To identify key sustainable strategies adopted
by market players in India neomycin market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of India neomycin market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Neomycin manufacturers/
suppliers/ distributors
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to neomycin
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, India neomycin market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- India Neomycin Market, By Form:
- Tablet
- Eye and Ear Drops
- Ointment
- Syrup
- Injection
- India Neomycin Market, By Source:
- In-house
- Contract Manufacturing Organizations
- India Neomycin Market, By Route of Administration:
- Oral
- Ophthalmic
- Otic
- Topical
- Intravenous
- India Neomycin Market, By Type of Composition:
o Neomycin
sulphate
o Neomycin
palmitate
- India Neomycin Market, By Distribution Channel:
- India Neomycin Market, By Application:
- Ear Infection
- Skin Infection
- Ocular Infection
- Others
- India Neomycin Market, By End User:
- India Neomycin Market, By Region:
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India neomycin market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
India neomycin market is an
upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]