Antibiotics Market Size, Growth Prospects, New Developments Forecast To 2024–2032
The global antibiotics market, which was USD 37.35 billion in 2020, is forecasted to increase to USD 45.30 billion by 2028, with a CAGR of 2.5%.
In a recent study, Fortune Business Insights presents the nitty-gritty of the global Antibiotics Market considering 2024–2032 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
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The Antibiotics Market study outlines the key regions of North America, Latin America, Europe, East Asia, Japan along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are
- Pfizer Inc. (New York, U.S.)
- GlaxoSmithKline plc (Brentford, U.K.)
- Merck & Co., Inc. (New Jersey, U.S.)
- Sandoz (Novartis AG) (Holzkirchen, Germany)
- Daiichi Sankyo Company, Limited (Tokyo, Japan)
- Taisho Pharmaceutical Holdings (Tokyo, Japan)
- Melinta Therapeutics (New Jersey, U.S.)
- Other Prominent Players
Market Dynamics
Increasing cases of Bacterial Infections to reinforce marketplace
The growing cases of bacterial infections will spur call for for antimicrobials, which, in turn, will augur well for the market. The rising prevalence of tuberculosis, malaria, pneumonia, bacterial pores and skin infections, urinary tract infections (UTI), and others will bolster the market’s healthy increase at some point of the forecast period. As consistent with the estimates of WHO, the global occurrence of tuberculosis was 10 million in 2019.
in step with the facilities for disease manage and Prevention, 1.7 million HAIs arise every yr within the U.S., 32% of which might be hospital-acquired UTIs. The increasing authorities efforts to prevent clinic-received infections (HAI), catheter, and ventilator-associated infections will create rewarding possibilities for the marketplace in the impending years.
The insights for each vendor consist of:
- Company profile
- SWOT analysis
- Main market information
- Market share
- Revenue, pricing and gross margin
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Crucial insights in the Antibiotics Market research:
- Underlying macro- and microeconomic factors impacting the growth of the Antibiotics Market.
- Basic overview of Antibiotics Market, including market definition, classification, and applications.
- Scrutinization of each Antibiotics Market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend of Antibiotics Market across various industries.
- Important regions and countries offering lucrative opportunities to Antibiotics Market stakeholders.
Segmentation Analysis:
By Drug Class
Penicillin
Cephalosporin
Aminoglycosides
Tetracycline
Macrolides
Fluoroquinolones
Sulfonamides
Others
By Application
Skin Infections
Respiratory Infections
Urinary Tract Infections
Septicemia
Ear Infection
Gastrointestinal Infections
Others
Important regions covered in the Antibiotics Market report include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
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