Global Tigecycline Products Market: Regional Analysis
On the basis of region, the global tigecycline products market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In North America, the demand for use of tigecycline is increasing due to high prevalence of chlamydia trachomtis. For instance, according to the Centers for Disease Control and Prevention, in 2016, 1,598,354 cases of chlamydia trachomatis infection were reported in the U.S., and 497.3 cases per 100,000 were reported in 2015. Therefore, pharmaceutical companies are focusing on product launches for the treatment of bacterial infectious disease. For instance, in 2016, Fresenius Kabi announced the launch of Tigecycline injection, a generic version of Pfizer’s tygacil with single dose vial in the U.S.
In Europe, there is major burden of chlamydia and gonorrhea due to increasing prevalence. For instance, according to the National Health Service’s 2018 report, in England, over 44,500 people were diagnosed with gonorrhea in men and women of age under 25 in 2017. Therefore, pharmaceutical companies are focusing on launching product for treatment of bacterial infectious diseases. For instance, in February 2020, European Medicines Agency approved marketing authorization of tigecycline injection by Accord Healthcare for treatment of bacterial skin diseases. These factors are expected to drive growth of the global tigecycline products market during the forecast period.
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