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Antibiotics Market Anticipated to Reach $50,374 million by 2025

04-29-2020 02:49 PM CET | Health & Medicine

Press release from: Big Market Research

/ PR Agency: Big Market Research
Antibiotics Market Anticipated to Reach $50,374 million by 2025

The Antibiotics Market report offers the global market potential rates of the Antibiotics Market along with various product segments.

The global antibiotics market generated $42,335 million in 2017, and is projected to reach $50,374 million by 2025, growing at a CAGR of 2.1% from 2018 to 2025.

Antibiotic is an antimicrobial substance, which are used in the treatment and prevention of bacterial infections, as well as used rarely to combat protozoan infections. Antibiotics are the medicines that either discontinue bacteria from growing or destroy bacteria straight referred as bacteriostatic and bactericidal antibiotics respectively. Easy accessibility of antibiotics at drug stores and in hospitals with prescription or without prescription fuels their consumption across the world. Moreover, increases antibiotics demand during transplants, dialysis, suppressed immune system, joint replacement, and others boosts the market growth.

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Surge in demand for antibiotics, owing to increased consumption in low- & middle-income countries and rise in prevalence of infectious diseases are the key factors that boost the growth of the global antibiotics market. In addition, development of novel approaches for new antibiotics to treat bacterial infections and increase in clinical trials to determine safety & efficacy of the antibiotics drive the market growth.

However, development of antibiotic resistance, driven by misuse of antibiotics, and time taken for regulatory approval are projected to impede the market growth. On the contrary, discovery of advanced prospect molecules and introduction of novel combination therapies to treat antibiotic-resistant microbial infections are expected to offer lucrative opportunities for the market players.

Key Benefits for Antibiotics Market :
o This report provides a detailed quantitative analysis of the current market trends and future estimations from 2018 to 2025, which assists to identify the prevailing market opportunities.
o An in-depth analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
o A comprehensive analysis of the factors that drive and restrain the growth of the global antibiotics market is provided.
o An extensive analysis of various regions provides insights that allow companies to strategically plan their business moves.

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Antibiotics Key Market Segments :
o By Class
Beta Lactam & Beta Lactamase Inhibitors
Penicillin
Cephalosporin
Carbapenem
Monobactam
1. Quinolones
2. Macrolides
3. Others

o By Drug Origin
o Natural
o Semisynthetic
o Synthetic
o By Spectrum of Activity
o Broad-spectrum Antibiotic
o Narrow-spectrum Antibiotic

o By Route of Administration
o Oral
o Intravenous
o Others

o By Region
o North America
o U.S.
o Canada
o Mexico

o Europe
o Asia-Pacific
o LAMEA

KEY MARKET PLAYERS
o Abbott Laboratories
o Allergan Plc.
o F. Hoffmann-La Roche Ltd.
o GlaxoSmithKline Plc.
o Merck & Co. Inc.
o Mylan N.V.
o Novartis International AG (Sandoz)
o Pfizer Inc.
o Sanofi
o Teva Pharmaceutical Industries Ltd.

The other players in the value chain include (profiles not included in the report):
o Aurobindo Pharma
o Bayer HealthCare
o Eli Lilly
o Lupin Pharmaceuticals
o Sun Pharmaceutical
o Shionogi


Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on an exhaustive coverage of the impact of the current situation on the market. Our expert team of analysts will provide as per report customized to your requirement. For more connect with us at help@bigmarketresearch.com or call toll free: +1-800-910-6452

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