The antibiotics market was valued at US$ 44,111.31 million in 2020 and is projected to reach US$ 59,253.24 million in 2028; it is expected to grow at a CAGR of 4.0% during 2021–2028.
Antibiotics are powerful medicines that are used to fight against bacterial infections and diseases. These are specifically used to treat infections caused by bacteria such as, Staph., Strep., or E. coli. Antibiotics either kill the bacteria (bactericidal) or restrict it from reproducing and growing (bacteriostatic). The antibiotics market do not work against any viral infection. Some of the common infections treated with antibiotics are, conjunctivitis, skin or soft tissue infection, upper respiratory tract infection, bronchitis, streptococcal pharyngitis (strep throat), and among others.
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Some of the companies competing in the Antibiotics market are
Johnson & Johnson Services, Inc. (Janssen Pharmaceuticals),
Bristol Myers Squibb Company,
Eli Lilly and Company,
Global Antibiotics Market – By Drug Class
Global Antibiotics Market – By Action Mechanism
Cell Wall Synthesis Inhibitors
Protein Synthesis Inhibitors
DNA Synthesis Inhibitors
RNA Synthesis Inhibitors
Mycolic Acid Inhibitors
Antibiotics Market Segmented to 2028 – COVID-19 Impact and Global Analysis By Drug Class (Sulfonamides, Aminoglycosides, Carbapenem, Macrolides, Fluoroquinolones, Penicillin, Cephalosporin, Others); Action Mechanism (Mycolic Acid Inhibitors, RNA Synthesis Inhibitors, DNA Synthesis Inhibitors, Protein Synthesis Inhibitors, Cell Wall Synthesis Inhibitors), and Geography.
Regional / Country Antibiotics Market: North America, Europe, Asia Pacific, Middle East and Africa, Latin America
The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2021–2028? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Antibiotics market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Antibiotics market?
4. What are the prominent market trends influencing the development of the Antibiotics market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Antibiotics market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
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