Retail Pharmacies to Emerge as Key Distribution Channel for Clarithromycin Tablet Manufacturers Market

The Clarithromycin Tablet Manufacturers Market was robust in 2020 and is projected to maintain a double-digit revenue CAGR over the forecast period. The market growth is driven by factors such as increasing use of clarithromycin in the treatment of bacterial infections, the rising incidence of skin and bacterial infections, extensive RD investments and expenditure, and the availability of clarithromycin tablets for all age groups. Furthermore, the use of clarithromycin in combination with other drugs to treat cancer is expected to fuel revenue growth in the market. Clarithromycin is a macrolide antibiotic used for the prevention and treatment of bacterial infections, including respiratory tract infections, skin infections, and soft-tissue infections. Clarithromycin oral tablets come in two forms: immediate-release and extended-release. It is widely available as both a generic and brand-name drug.

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The effectiveness of clarithromycin in treating pneumonia, eradicating H. pylori in treating peptic ulcers, and preventing Mycobacterium Avium Complex (MAC) bacteremia are key factors contributing to the revenue growth of the market. Clarithromycin is also included in the WHO’s list of essential medicines, ensuring its availability globally at cost-effective rates. Additionally, clarithromycin exhibits antiproliferative activity and enhances the antitumor activities of chemotherapeutic drugs by regulating autophagy in cancer cells, which has led to extensive research and development activities and clinical trials to encourage the use of clarithromycin as cancer treatment.

However, prolonged use of clarithromycin can cause acute liver injury and mild symptoms of toxicity such as diarrhea, nausea, dyspepsia, and abdominal pain. Clarithromycin tablets can also interact with other medications, which can be harmful or reduce the efficacy of the medications. Clarithromycin can also cause an irregular heart rhythm called QT prolongation, which is a potential risk. These factors are expected to hamper the use of clarithromycin and restrain market growth to a certain extent over the forecast period.

The global market has been segmented based on type, application, and region. Based on type, the market has been segmented into 250 mg tablets and 500 mg tablets. The 250 mg tablets segment is expected to register significant revenue growth over the forecast period due to increased efficacy in treating various bacterial infections. Based on application, the market has been segmented into hospital pharmacies, retail pharmacies, and online pharmacies. The retail pharmacies segment is expected to expand significantly between 2021 and 2028 due to rising accessibility to retail pharmacies and availability of a wide range of generic and prescription drugs.

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North America is expected to account for the largest revenue share in the global market over the forecast period due to an increasing incidence of skin diseases and respiratory diseases, expanding patient pool, extensive RD and clinical studies to explore the roles of clarithromycin in different treatment regimens, and a robust presence of key players in the region. Asia Pacific market revenue is expected to expand at a robust revenue CAGR owing to rising caseload of respiratory diseases, increasing use of clarithromycin tablets for children and adults, ongoing research and development activities, rapid progress in the biopharmaceutical sector, technological advancements in manufacturing processes, and growing availability of generic drugs.

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Major companies in the market include AbbVie, Abott Laboratories, Mylan, Apotex, Sandoz, Takeda Pharmaceuticals, Teva Pharmaceuticals, Sun Pharmaceutical, Aurobindo Pharma, Mayne Pharma, and Jiangsu Hengrui Medicine. Key players are focusing on expanding their market presence through various strategies, such as mergers and acquisitions, collaborations, partnerships, and product launches.

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