Tigecycline Market Is Booming Market to Rapidly Growing 2027 | Pfizer (Wyeth), Sino Biopharmaceutical

Tygacil (tigecycline) is a tetracycline-like antibiotic that is used to treat a variety of bacterial infections of the skin and gastrointestinal tract. Tygacil is a glycylcycline antibiotic manufactured by Wyeth and marketed under the brand name Tigecycline. It was created in response to the rise in antibiotic resistance among germs like Staphylococcus aureus. In 2020, the global Tigecycline market size was US$ 1223.3 million and it is expected to reach US$ 3882.01 million by the end of 2027, with a CAGR of 17.9% during 2021-2027.

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Top Key Players Included in Tigecycline Market Report: Pfizer (Wyeth), Sino Biopharmaceutical, Zhejiang Hisun Pharma, Jiangsu Hansoh Pharmaceutical, Abbott, Natco Pharma, Lyka Labs Limited, Fresenius Kabi, Sandoz, APOTEX, Accord Healthcare, and Amneal Pharmaceuticals

With the expanding success of the Tigecycline market, worldwide market competition is increasing, and market participants are striving for a larger piece of the market. They are concentrating their efforts on new and sophisticated technology investments. Population growth, rising healthcare expenditures, and increased awareness of advantages are all key drivers driving market expansion. Launch of next-generation products and research breakthroughs are two major trends in the global industry.

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Tigecycline Market segment by Type:
Original Drug
Generic Drug

Tigecycline Market segment by Application:
Hospital Pharmacies
Retail Pharmacies

The Tigecycline market was disturbed due to the stoppage of patient enrollment, according to an infinite Business Insights research. The impact varied throughout the year due to variations in COVID-19 case volumes, but the worst effect was noted in April 2020.

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