The Global Antibiotics Market size was valued at USD 45,965 million in 2019 and is projected to grow at a CAGR of 4.2% during the forecast period, 2021–2029.     

Antibiotics Market 2021

Antibiotic is an antimicrobial agent that fights bacterial infections and also protozoan infections. They are also used to treat strep throat, infections of the urinary tract, infections of the sinus, pneumonia, infections of the skin, infections of the ears, and others. There are many ways to classify antibiotics, but the most common classification is based on their chemical structures, activity spectrum, and mode of action. Currently, there is a high demand for antibiotic class beta-lactam and beta-lactamase inhibitors among health care providers.

Impact of COVID 19

While healthcare professionals are on a war footing to prepare for the skyrocketing number of patients admitted due to the deadly coronavirus, supply chain instability predictions are causing havoc in the pharmaceutical industry. For the supply of antibiotics and its APIs, a majority of the leading players in the antibiotics market heavily rely on countries in APAC, China, in particular. Nevertheless, the lockdown on China's manufacturing sites has exposed the global pharmaceutical industry to significant market disruptions in the supply chain of antibiotics. Over 45% of the U.S. penicillin imports from China. In addition, 80% of the antibiotic supply in the U.S is manufactured in China.

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The Major Manufacturers Covered in this Report:
The new product launches, collaborations, mergers and acquisitions, and regional expansions are some of the key strategic initiatives undertaken by the market players in the antibiotics markets. The major global players in the Antibiotics market are Allergan, Novartis, Mylan N.V, Sanofi, Bayer, Zydus Cadila, Bausch Health, Teva Pharmaceutical Industries Ltd., Melinta Therapeutics, Lupin, Amneal Pharmaceuticals LLC., and others. 

Years that have been considered for the study of this report are as follows:

History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2029

Market Segmentation:

By Drug Class

Cephalosporin
Penicillin
Fluoroquinolone
Macrolides
Carbapenem
Aminoglycosides
Sulfonamides
Other

By Spectrum of Activity

Broad-spectrum Antibiotic
Narrow-spectrum Antibiotic

Regional Segmentation:

North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)

Additionally, the analysis also delivers a comprehensive review of the crucial players on the Antibiotics Market along with their company profiles, SWOT analysis, latest advancement and business plans.

The analysis objectives of the report are:

To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Antibiotics Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Antibiotics Market sub-markets, depending on key regions (various vital states).
To analyze the Global Antibiotics Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Antibiotics Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Antibiotics Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.

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