
Report ID: SQMIG35B2164
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Antibiotics Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Antibiotics industry players.
The antibiotics market is a highly competitive and growing environment, with numerous global and regional manufacturers to research, manufacture and sell antibiotics. The key players in the market are large pharmaceutical and small biotech companies focused on meeting the growing demand for effective antibiotics. The competitive landscape is determined by factors such as product innovation, mergers and acquisitions, partnerships and government policies aimed at promoting antibiotic research.
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Antibiotics Market size was valued at USD 52.67 Billion in 2023 and is poised to grow from USD 54.83 Billion in 2024 to USD 75.63 Billion by 2032, growing at a CAGR of 4.10% during the forecast period (2025-2032).
'Pfizer Inc. (US) ', 'GlaxoSmithKline plc. (GSK) (UK) ', 'Sanofi S.A. (France) ', 'Merck & Co., Inc. (US) ', 'Novartis AG (Switzerland) ', 'Johnson & Johnson (US) ', 'F. Hoffmann-La Roche AG (Switzerland) ', 'AstraZeneca PLC (UK) ', 'Bayer AG (Germany) ', 'Abbott Laboratories (US) ', 'Eli Lilly and Company (US) ', 'Bristol-Myers Squibb Company (US) ', 'Teva Pharmaceutical Industries Ltd. (Israel) ', 'Astellas Pharma Inc. (Japan) ', 'Cipla Ltd (India) ', 'AbbVie, Inc. (US) ', 'Lupin Pharmaceuticals, Inc. (US) ', 'Viatris, Inc. (US) ', 'Melinta Therapeutics LLC (US) ', 'Cipla, Inc. (US) ', 'Shionogi & Co., Ltd. (Japan) ', 'KYORIN Pharmaceutical Co., Ltd. (Japan) ', 'Nabriva Therapeutics PLC (Ireland)'
Increasing incidence of infectious diseases across the globe is one of the major drivers of the antibiotics market. Respiratory infections, TB, urinary tract infections, sexually transmitted diseases infections (STDs) are some of the major antibiotic-treated diseases increased in addition to multidrug resistant. With the emergence of strains, health care providers are seeking new, more potent antibiotics to overcome these challenges.
Increased Focus on Narrow-spectrum Antibiotics: A growing trend in the antibiotics market is the shift from broad-spectrum antibodies to narrow-spectrum drugs broad-spectrum antibiotics affect a wide range of bacteria and can cause side effects and lead to resistance. However, narrow-spectrum antibiotics target specific bacterial species, reduce the risk of the resistance, and maintain the balance of healthy bacteria in the body.
Asia Pacific dominated the market and accounted for 43.8% of the revenue in the region owing to rise in infectious diseases, rise in dispensing of non-prescription drugs, presence of well-established hospitals & clinics. According to a University of Oslo article published in May 2023, the main suppliers of antibiotics are India and China. Antibiotics and antimicrobial products from both countries are of great importance to the world. China is the world’s leading producer and manufacturer of antibiotics. Similarly, according to a BBC news article published in September 2023, national data shows that out of 29.1% of the 125 million people aged 65 or over, Japan has the lowest fertility rate in the world. Older people are more susceptible to infectious diseases. In addition, the incidence of drug-resistant infectious diseases is increasing, increasing the demand for alternative treatment options.
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Report ID: SQMIG35B2164
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