Global Antibiotics Market 2024-2028
The antibiotics market is forecasted to grow by USD 16631.3 mn during 2023-2028, accelerating at a CAGR of 5.67% during the forecast period. The report on the antibiotics market provides a holistic analysis, market size and forecast, trends, growth drivers, challenges, and vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising prevalence of infectious diseases, growing awareness of various diseases and their treatment, and special regulatory designations.
Technavio's antibiotics market is segmented as below:
ByProduct
- Broad-spectrum antibiotics
- Narrow-spectrum antibiotics
ByRoute Of Administration
ByGeography
- Asia
- North America
- Europe
- Rest of World (ROW)
This study identifies strategic alliances and mergers and acquisitions (M and A) as one of the prime reasons driving the antibiotics market growth during the next few years. Also, the presence of patient assistance programs (PAPs) and increased federal and institutional funding for antibiotic research will lead to sizable demand in the market.
The report on the antibiotics market covers the following areas:
- Antibiotics market sizing
- Antibiotics market forecast
- Antibiotics market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading antibiotics market vendors that include Abbott Laboratories, AbbVie Inc., Armata Pharmaceuticals Inc., Aspen Pharmacare Holdings Ltd., Astellas Pharma Inc., Aurobindo Pharma Ltd., Bayer AG, F. Hoffmann La Roche Ltd., Flynn Pharma Ltd., GlaxoSmithKline Plc, Incepta Pharmaceuticals Ltd., Johnson and Johnson Services Inc., Lupin Ltd., Mayne Pharma Group Ltd., Melinta Therapeutics LLC, Merck KGaA, Pfizer Inc., Sanofi SA, Takeda Pharmaceutical Co. Ltd., and Teva Pharmaceutical Industries Ltd.. Also, the antibiotics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.