USD 42.53 Billion
Report ID: SQSG35B2032 | Region: Global | Published Date: October, 2022 | Pages: 165 | Tables: 72 | Figures: 65
Antibiotics Market is valued at USD 42.53 Billion in 2021, and it is anticipated to attain a value of USD 57.88 Billion by 2028, at a CAGR of 4.5% over the forecast period (2022-2028).
An antibiotic is a sort of antimicrobial substance dynamic against microorganisms. It is the main sort of antibacterial specialist for battling bacterial diseases, and antibiotic prescriptions are generally utilized in the treatment and anticipation of such contaminations. The rising predominance of irresistible illnesses and steady government regulation are the significant drivers of the market. In addition, an expansion in antibiotic opposition diseases because of abuse or abuse of antibiotics is supposed to move the solution examples to novel treatments to treat bacterial contaminations. As per the CDC, the frequency of antibiotic-safe contaminations is more than 2.8 million in the U.S. The microorganisms like Enterobacteriaceae, P. aeruginosa, and K. pneumoniae have a high resisting pace of around 40% in emerging nations.
US Antibiotics Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 42.53 Billion
Largest Segment
Cephalosporin
Fastest Growth
Cephalosporin
Growth Rate
4.5% CAGR
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The Global Antibiotics Market is segmented based on drug class, action mechanism, and region. Based on Drug Class Antibiotics Market is categorized into Cephalosporin, Penicillin, Fluoroquinolone, Macrolide, Carbapenem, Aminoglycoside, Sulfonamide, 7-ACA and Others. By Action mechanism, the Antibiotics Market study is segmented into Cell Wall Synthesis, Protein Synthesis, DNA Synthesis, RNA Synthesis, Mycolic Acid and Others. Based on the region Antibiotics Market is categorized into North America, Europe, Asia-Pacific, South America, and MEA.
Antibiotics Market Analysis by Drug Class
Penicillin represented the biggest portion of the product market in 2021 and is supposed to rule the market over the forecast period owing to the most extreme solution and the biggest number of conventional makers in the space. These drugs structure the primary line of decision in treating diseases, like pharyngitis, skin contaminations, bronchitis, gonorrhea, and ear contaminations. Cephalosporin arose as the second-biggest drug class fragment after Penicillin and is supposed to develop at a critical rate during the projected time frame.
The cephalosporin and fluoroquinolone portions are supposed to develop at a huge rate from 2022 to 2028. The development of these sections can be ascribed to the commercialization of new drugs during the estimate time frame. At present, there are three cephalosporin drugs in the third period of clinical preliminaries and are expected to popularize in the following 3 to 4 years. Also, the U.S. FDA endorsement of Shionogi's Fetroja (cefiderocol) in November 2019 is supposed to build the piece of the pie. Likewise, the endorsement of Lasvic (lascufloxacin) by Japan PMDA and the new drug application accommodation by Wockhardt Ltd. in India will push the development of the fluoroquinolone fragment.
Antibiotics Market Analysis by Action Mechanism
Cell wall synthesis inhibitors overwhelmed the market in 2021 with a maximum share are expected to keep up with their lead all through the conjecture period. Maximum usage according to remedy designs and critical government financing are the key elements driving the maket size. Cell wall synthesis inhibitors are the most broadly involved antibiotics as they are portrayed by a wide range of activity against gram-positive and negative microbes. Cell wall synthesis inhibitors are supposed to observe critical development over the estimate period attributable to an expansion in research exercises, combined with government financing. For instance, in February 2019, Bike Therapeutics declared the improvement of an original cell wall synthesis inhibitor, in the wake of getting an award of USD 640,000 from the public authority of the U.K.
The RNA synthesis inhibitors section is expected to observe huge development over the estimate period due to the expansion in the quantity of item dispatches and Research and development endeavors. For instance, in November 2018, Cosmo Drugs N.V. presented Aemcolo (rifamycin) as expanded discharge tablets for the treatment of Explorers' Loose bowels in the U.S. Besides, the U.S. FDA conceded Quick Track assignments, Qualified Irresistible Illness Item (QIDP) assignment, and showcasing exclusivity till 2028.
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Asia Pacific held the foremost market share in 2021 and is estimated to enlist a critical development rate over the forecast period. This can be credited to the maximum usage of antibiotics, expansion in the pervasiveness of irresistible sicknesses, and rising government drives to foster novel treatments to treat drug-safe diseases. Also, the presence of conventional players is adding to the development of the territorial market. India and China are the greatest business sectors for antibiotics in the district. Unregulated deals and exorbitant utilization of antibiotics are the key elements supporting the market development in these countries.
North America arose as the second-highest provincial market for antibiotics in 2021, followed by Europe. North America and Europe altogether held around half of the overall industry size in 2021. These business sectors are exceptionally directed with advanced medical care foundation. The rising rate of irresistible illnesses and developing medical care use by the public authority are among the key elements driving the North American market. The U.S. government is attempted different measures, including antibiotic stewardship drives and advancing the Research and development exercises of inventive treatments to control irresistible infections.
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Antibiotics Market Driver
Antibiotics Market Restraint
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The Antibiotics Market is highly competitive, with the existence of huge number of major firms operating in both domestic and international markets. The industry's top players are embracing strategic collaboration initiatives to improve market share and profitability. Some of the major players in the market are Pfizer Inc., Merck & Co., Inc., Melinta Therapeutics, Allergan plc, Tetraphase Pharmaceuticals Basilea Pharmaceutica Ltd., among several others who are driving the market.
Antibiotics Market Top Player’s Company Profiles
Antibiotics Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the joint efforts for the improvement of antibiotics are supposed to prompt the advancement of countless antibiotic drugs soon, positively catering the antibiotics market. However, antibiotic resistance and extended and monotonous administrative techniques will obstruct the development pace.
Report Metric | Details |
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Market size value in 2021 | USD 42.53 Billion |
Market size value in 2028 | USD 57.88 Billion |
Growth Rate | 4.5% |
Base year | 2021 |
Forecast period | 2022-2028 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Antibiotics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Antibiotics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Antibiotics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Antibiotics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Product ID: SQSG35B2032