Antibiotics Market by Application, Product, Drug Origin, Action Mechanism, and Geography - Forecast and Analysis 2021-2025
- Published: Apr 2021
- Pages: 120
- SKU: IRTNTR41323
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The antibiotics market has the potential to grow by USD 13.72 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.40%.
This antibiotics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (broad-spectrum antibiotics and narrow-spectrum antibiotics), drug origin (natural, semisynthetic, and synthetic), action mechanism (bacteriostatic and bactericidal), application (antibiotics for human use and antibiotics for veterinary use), and geography (Asia, North America, Europe, and ROW). The antibiotics market report also offers information on several market vendors, including Abbott Laboratories, AbbVie Inc., AstraZeneca Plc, Bayer AG, F. Hoffmann-La Roche Ltd., Johnson & Johnson, Mayne Pharma Group Ltd., Merck KGaA, Pfizer Inc., and Sanofi SA among others.
What will the Antibiotics Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Antibiotics Market
Antibiotics Market: Key Drivers and Trends
Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The special regulatory designation to the drugs is notably driving the antibiotics market growth, although factors such as the development of antibiotic-resistant strains may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the antibiotics industry get your FREE report sample now.
This antibiotics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Antibiotics Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Abbott Laboratories
- AbbVie Inc.
- AstraZeneca Plc
- Bayer AG
- F. Hoffmann-La Roche Ltd.
- Johnson & Johnson
- Mayne Pharma Group Ltd.
- Merck KGaA
- Pfizer Inc.
- Sanofi SA
The antibiotics market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the antibiotics market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Antibiotics Market?
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42% of the market’s growth will originate from Asia during the forecast period. China, Japan, and India are the key markets for the antibiotics market in Asia. Market growth in this region will be faster than the growth of the market in other regions.
The increasing demand for improved healthcare infrastructure will facilitate the antibiotics market growth in Asia over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating Product Segments in the Antibiotics Market?
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The high market share of broad-spectrum antibiotics is attributed to a wide spectrum of activities of these drugs against various microorganisms, making broad-spectrum antibiotics a better option for the treatment of various infections. The broad-spectrum antibiotics can be used as early as the diagnosis or symptoms of any bacterial infection appear before the identification of the disease-causing pathogen.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the antibiotics market size.
What are the Key Factors Covered in this Antibiotics Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive antibiotics market growth during the next five years
- Precise estimation of the antibiotics market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the antibiotics industry across Asia, North America, Europe, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of antibiotics market vendors
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Rising prevalence of infectious diseases
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