The global Antibiotics Market is was valued at USD 48.03 Billion in 2020 and is forecast to exceed 48.03 Billion in terms of revenue, at a CAGR of 3.9% through 2028. Rise in incidences of infectious diseases such as pneumonia, HIV/AIDS, malaria, and tuberculosis coupled with improvement in drug delivery techniques are the key factors driving antibiotics industry growth.
Antibiotics are a combination of medicines used in the treatment of infections or diseases caused by bacteria, germs, and some parasites-by restraining the growth of microorganisms or eliminating them.
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Increasing global disease burden is compelling government and non-government bodies to invest in R&D initiatives for the development of novel antibiotics and introduction of supportive regulatory policies to expedite the approval process and research funding. Innovative product development and collaborative developments are some of the strategic initiatives taken by the players in this industry to expand their antibiotic drug portfolios. The increasing number of public-private collaborations focusing on funding and innovative R&D approaches to develop antibiotics, is expected to boost the product pipeline in the coming years.
Key Companies in the market include:
Bristol-Myers Squibb Co., AstraZeneca plc, The Menarini Group, GlaxoSmithKline plc, Bayer HealthCare AG, Eli Lilly and Company, Merck & Co., Inc., Johnson & Johnson, Novartis AG, Teva Pharmaceutical Industries Ltd., and Sanofi.
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Market segment analysis:
Type Outlook (Revenue, USD Million; 2017-2027)
- RNA Synthesis Inhibitors
- DNA Synthesis Inhibitors
- Cell Wall Synthesis Inhibitors
- Protein Synthesis Inhibitors
- Mycolic Acid Inhibitors
End-User Outlook (Revenue, USD Million; 2017-2027)
- Retail pharmacies
- Online pharmacies
- Hospital pharmacies
Product Outlook (Revenue, USD Million; 2017-2027)
Administration Mode Outlook (Revenue, USD Million; 2017-2027)
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On the basis of regional analysis, the market is segmented into key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. According to the analysis, North America is expected to dominate the market with the highest market share. Asia-Pacific is anticipated to show a significant growth rate owing to rising development and population demands.
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Key Features of the Global Antibiotics Market Report:
- Comprehensive analysis of the key players operating in the market along with their SWOT analysis, their business profiles, business overview, market share, global position, and market value
- Identification and analysis of significant trends and factors driving revenue growth of the market
- Analysis of the competitive landscape along with strategic mergers, expansions, agreements, partnerships, joint ventures, acquisitions, and product launches
- Assessment of each market segment along with their growth trends and market revenue contribution
- Study of the key regions to pinpoint growth potential and study opportunities, threats, limitations, and risks
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