Emergent Trends of Asia Pacific Antibiotics Market during forecast period 2019-2027

Publisher: The Insight Partners

The Asia Pacific antibiotics market is expected to reach US$ 15,784.01 million by 2027 from US$ 11,591.97 million in 2019. The market is estimated to grow with a CAGR of 4.2% from 2020 to 2027.

Antibiotics are a type of antibacterial substance that is active against bacteria. It is the most important type of antibacterial agent to combat bacterial infections, and antibiotic medications are widely used in the treatment and prevention of such infections. They either kill bacteria or inhibit the growth of bacteria. A limited number of antibiotics also have antiprotozoal activity. Antibiotics are ineffective against viruses such as colds and flu. Drugs that block the virus are called antiviral or antiviral drugs rather than antibiotics.

Although the term antibiotic is widely used from the Greek words ?ντιanti, "against", and β?ος bios, the term "opposite life", "life", is used broadly to refer to any substance used against microorganisms. In normal medical applications, antibiotics (such as penicillin) are naturally produced (by one microorganism fighting another), but non-antibiotic antibacterial agents (such as sulfonamides and disinfectants) are Will be synthesized. However, both classes have the same goal of killing or preventing the growth of microorganisms, both of which are included in antimicrobial chemotherapy. "Antibacterial agents" include preservatives, antibacterial soaps and chemical disinfectants, but antibiotics are an important class of antibacterial agents used in pharmaceuticals [6] and livestock feed.

The healthcare industry is undergoing rapid transformations since a few years now. Various technological improvements have been witnessed in the segments including diagnosis and treatment options for chronic diseases. The increase in incidences of chronic illnesses and the increasing ageing population are the primary factors fuelling the growth of healthcare segment.

The Asia Pacific Antibiotics market is growing along with the healthcare industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

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The Government's Pharmaceuticals Division's Pharma Vision 2020 aims to make India a major hub for end-to-end drug discovery and a major driver of the Asia Pacific market. India developed the National Action Plan (2017-21) on antimicrobial resistance in April 2017.

Nevertheless, the Indian generics market has great potential for growth. Indian pharmaceutical companies received 300 generic drug approvals in the US in 2017. Therefore, the above factors may drive the growth of the antibiotic market during the forecast period.

Given the geographical and economic activity between Asian countries and China, countries are expected to witness the challenge of COVID-19. Backed by international funding, domestic start-ups are already witnessing counterattacks from investors who are jeopardizing product development. In addition, the transition from antibiotic clinical trials to the COVID-19 trail is expected to negatively impact the introduction of new antibiotics to the market.

These factors are expected to offer broad growth opportunities in the healthcare industry and this is expected to cause the demand for Antibiotics assays in the market.

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ASIA PACIFICANTIBIOTICS MARKET SEGMENTATION

By Drug Class

• Cephalosporin
• Penicillin
• Fluoroquinolones
• Macrolides
• Carbapenem
• Aminoglycosides
• Sulfonamides
• Others

By Action Mechanism

• Cell Wall Synthesis Inhibitors
• Protein Synthesis Inhibitors
• DNA Synthesis Inhibitors
• RNA Synthesis Inhibitors
• Mycolic Acid Inhibitors
• Others

By Country

• China
• Japan
• India
• South Korea
• Australia

Companies Mentioned

• GlaxoSmithKline plc
• Sanofi
• Novartis AG
• Astellas Pharma Inc
• Pfizer Inc

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