Industry Report “Antibiotics Market Research Report – Global Forecast till 2025” provides a clear picture of the Current Market Scenario which includes past and estimated future size with respect to value and volume, technological advancement, macro economical and governing factors in the Digital Commerce Platform market.
Supportive government legislations, such as the implementation of the Generating Antibiotics Incentives Now (GAIN) Act in the US, are expected to accelerate the drug approval process in the antibiotics market.
Some of the key players in the Global Antibiotics Market are Novartis AG (Switzerland), Bristol-Myers Squibb Company (US), Astellas Pharma Inc. (Japan), F. Hoffmann-La Roche Ltd (Switzerland), Pfizer Inc. (US), Johnson & Johnson Services, Inc. (US), Abbott Laboratories (US), GlaxoSmithKline PLC (UK), Sanofi (France), Bayer AG (Germany), Eli Lilly and Company (US), and Merck & Co., Inc. (US).
The global antibiotics market has been segmented based on drug class, spectrum of activity, drug origin, and end user.
The market, based on drug class, has been divided into cephalosporins, penicillin, fluoroquinolones, macrolides, carbapenem, aminoglycosides, sulfonamides, and others. The carbapenem segment is likely to be the fastest growing during the review period due to the increasing incidence of pneumonia, urinary tract infections, which would increase the usage of the carbapenem class of antibiotics. Thus, the rising usage of carbapenem will substantially drive the growth of the antibiotics market.
The global antibiotics market has been bifurcated, based on spectrum of activity, into broad-spectrum antibiotics and narrow-spectrum antibiotics. The broad-spectrum antibiotic segment is expected to hold the majority share of the market as this broad-spectrum antibiotic act against a wide range of diseases, which helps to fight against microbial resistance.
The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is expected to be the largest market owing to the increasing adoption of antibiotics. The antibiotics market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European antibiotics market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
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