Antibiotics Market to Reach USD 54400 Million by 2028 at a CAGR of 3.3% | Valuates Reports

BANGALORE, India, March 30, 2022 /PRNewswire/ -- The Antibiotics Market is Segmented by Type (Cephalosporins, Penicillins, Fluoroquinolones, Macrolides,   Carbapenems, Aminoglycosides, Sulfonamides), by Application (Hospitals, Clinics): Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Health Category.

The global Antibiotics market size is estimated to be worth USD 44770 Million in 2022 and is forecast to be a readjusted size of USD 54400 Million by 2028 with a CAGR of 3.3% during the review period.

Major factors driving the growth of the antibiotic market are:

The antibiotic market is being driven by the rising prevalence of infectious diseases, the increasing number of surgical procedures, and supportive government legislation. Furthermore, as a result of the misuse or overuse of antibiotics, an increase in antibiotic-resistant infections will lead to the discovery of advanced prospect molecules and the introduction of novel combination therapies to treat antibiotic-resistant microbial infections, providing lucrative opportunities for market players.

Get Your Sample Today: https://reports.valuates.com/request/sample/QYRE-Auto-28H9591/Global_Antibiotics_Market 

TRENDS INFLUENCING THE GLOBAL ANTIBIOTIC MARKET:

One of the major factors driving the Antibiotic market's growth is the rising prevalence of several bacterial infections around the world. Urinary Tract Infection (UTI), respiratory infections, tuberculosis, skin infections, and other bacterial infections are examples of bacterial infections. 

The rising disease burden is pressuring the government and non-government organizations to invest in R&D initiatives and accelerate the development of novel antibiotics as well as supportive regulatory policies to speed up the approval process and research funding. This factor is expected to fuel the antibiotics market's expansion. Collaborations for antibiotic development are expected to result in the development of a large number of antibiotic drugs in the near future. Pharmaceutical companies are collaborating on the development of new therapies in order to lower the cost of drug development.

Furthermore, people's increasing use of antibiotics is putting them at risk of developing antimicrobial resistance, which will render current antibiotics ineffective against disease-causing bacteria. As a result, the world is being forced to focus more on improving clinical research on new antibiotics. Antibiotics will be in higher demand as the world's population grows and the geriatric population grows, pushing the global antibiotics market even higher.

As the number of surgical procedures rises, sales of antibiotics to prevent incision infection will rise, propelling the antibiotics market forward. They can also be used to treat conjunctivitis and acute ear infections as drops. Antibiotics are also being used extensively in livestock farming to protect animal health and welfare while also ensuring food safety. Aside from that, scientists are working on developing cell-free vaccines made up of purified components, inactivated toxins, and proteins that are less reactogenic. Several health organizations are also forming strategic alliances with private companies in order to deliver new treatments and improve existing drugs.

Browse The Table Of Contents And List Of Figures At: https://reports.valuates.com/reports/QYRE-Auto-28H9591/global-antibiotics 

ANTIBIOTIC MARKET SHARE ANALYSIS:

Based on type, Cephalosporins and fluoroquinolones are expected to grow in popularity. The commercialization of new drugs during the forecast period is responsible for the growth of these segments. Three cephalosporin drugs are currently in the third phase of clinical trials and are expected to hit the market in the next three to four years.

The Asia Pacific is expected to be the most lucrative segment. Antibiotics' biggest markets in the region are India and China. The key factors driving market growth in these countries are unregulated sales and excessive antibiotic consumption.

Inquire for Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-28H9591/Global_Antibiotics_Market 

Key Players:

• Pfizer
• Janssen Pharmaceuticals
• Abbott
• GlaxoSmithKline
• Sanofi
• Novartis
• Bayer
• Bristol Myers Squibb Company
• Eli Lilly and Company
• Astellas Pharma.

Inquire for Chapter Cost: https://reports.valuates.com/request/chaptercost/QYRE-Auto-28H9591/Global_Antibiotics_Market 

Buy Now for Single User + Covid-19 Impact :  https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-28H9591&lic=single-user 

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

SIMILAR REPORTS:

-  The global antimicrobial susceptibility testing market was valued at USD 3,040.00 Million in 2020, and is projected to reach USD 4,736.03 Million by 2030, registering a CAGR of 5.8% from 2021 to 2030.

-  The global VRE and MRSA Antibiotic market was valued at USD 3886.2 Million in 2020 and is expected to reach USD 5369 Million by the end of 2027, growing at a CAGR of 4.7% during 2021-2027.

-  The global Cephalosporin market was valued at USD 3914.3 Million in 2020 and is expected to reach USD 4465.6 Million by the end of 2027, growing at a CAGR of 1.9% during 2021-2027.

-  Due to the COVID-19 pandemic, the global Antibacterial Drugs market size is estimated to be worth USD 47650 Million in 2022 and is forecast to a readjusted size of USD 52350 Million by 2028 with a CAGR of 1.6% during the review period.

-  Global Antibiotic Resistance Sales Market Report 2021

-  Global Cefotaxime Sodium API Market Outlook 2022

-  Global Antibiotic Residue Test Kits Market Insights and Forecast to 2028

-  Global and United States Veterinary Antibiotics Market Insights, Forecast to 2027

-  Global Antibacterial Wipes Sales Market Report 2021

-  Global Piperacillin Sodium API Market Outlook 2022

-  Global Antibiotic Multi Rings Market Insights and Forecast to 2028

-  Global Antibiotic Ointment Market Size, Status and Forecast 2021-2027

-  Global Topical Antibiotic Pharmaceuticals Market Insights and Forecast to 2028

-  Global Antibiotic Globe Valve Market Research Report 2021

-  Global Antibiotic Assay Discs Market Insights and Forecast to 2028

Click here to see related reports on Antibiotic Market

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

CONTACT US:

Valuates Reports
sales@valuates.com 
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
LinkedIn - https://in.linkedin.com/company/valuatesreports

Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg