Press release
Antibiotic Market to reach USD 60.48 Bn by 2029, emerging at a CAGR of 4.5 percent and forecast 2023-2029
Antibiotic Market
Report Scope:
The report offers a thorough examination of the Antibiotic Market, encompassing market values, dynamics, segment analysis, and regional insights. The research methodology employed is robust and data-driven, ensuring accurate and actionable findings.
Research Methodology:
Our research methodology integrates a combination of primary and secondary research approaches, including data collection, analysis, and industry expert insights. This approach guarantees the report's credibility and relevance in the dynamic market landscape.
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Antibiotic Market Dynamics:
Drivers:
The Antibiotic Market is being propelled by the rising incidence of infectious diseases and supportive government regulations. The prevalence of antibiotic-resistant infections, stemming from overuse and abuse, is expected to reshape prescription patterns in favor of innovative antibacterial therapies. In the United States, more than 2.8 million individuals are affected by antibiotic-resistant diseases, according to the CDC.
Restrictions:
In developed nations, infections such as Enterobacteriaceae, Pseudomonas aeruginosa, and K. pneumonia exhibit an average resistance rate of 40%, posing a significant challenge to the effectiveness of existing antibiotics.
Antibiotic Market Regional Insights:
In 2021, the Asia Pacific region held the highest market share at 45.2%, and it is predicted to experience substantial growth throughout the forecast period. Key drivers in this region include the increased use of antibiotics, a surge in infectious diseases, and government initiatives to research novel treatments for drug-resistant infections. India and China are the region's largest antibiotic markets, primarily due to unregulated sales and excessive antibiotic consumption.
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Antibiotic Market Segmentation:
by Drug Class
Cephalosporin
Penicillin
Fluroquinilones
Macrolides
Others
by Spectrum
Broad-spectrum antibiotics
Narrow spectrum antibiotics
by Action mechanism
Mycolic Acid Inhibitors
RNA Synthesis Inhibitors
DNA Synthesis Inhibitor
Protein Synthesis Inhibitors
Cell-wall Synthesis Inhibitors
by Distribution channel
Hospital Pharmacies
Online pharmacies
Retail pharmacies
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Antibiotic Market Key Players:
1. Merck & Co., Inc.
2. Allergan plc (AbbVie)
3. GlaxoSmithKline plc.
4. Pfizer Inc.
5. Melinta Therapeutics
6. Basilea Pharmaceutica Ltd.
7. Tetraphase Pharmaceuticals
8. Paratek Pharmaceuticals, Inc.
9. Nabriva Therapeutics plc
10.Spero Therapeutics
11.Abbott Laboratories
12.F.Hoffmann-La Roche Ltd.
13.Mylan N.V.
14.Novartis International AG (Sandoz)
15.Sanofi
16.Teva Pharmaceutical Industries Ltd.
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Table of content for the Antibiotic Market includes:
1. Global Antibiotic Market: Research Methodology
2. Global Antibiotic Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Antibiotic Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size and Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Contact Maximize Market Research:
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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