Antibiotics Market accounted for over US$ 47 billion in 2019. It is anticipated to grow at a CAGR of 3.9% from 2020 to 2030

New York, NY -- (SBWire) -- 04/14/2020 --Antibiotics, also known as antibacterial, are medications used to fight infections caused by bacteria. They treat infections by killing or decreasing the growth of bacteria.Before antibiotics, most deaths were caused by bacterial infections. Antibiotics are powerful, life-saving medications for people with certain serious infections. They can also prevent less-serious infections from becoming serious.Most antibiotics usually take 7 to 14 daysto complete the cure. However, in some cases, shorter treatment durations can also work. It is advised to finish the entire antibiotic regimen in order to fully resolve infectionsand help prevent antibiotic resistance.

Market Industry Reports (MIR) has published a new report titled "Antibiotics Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030." According to the report, the Global Antibiotics Market accounted for over US$ 47 billion in 2019. It is anticipated to grow at a CAGR of 3.9% from 2020 to 2030.

Major Key Players of the Antibiotics Market are:
GlaxoSmithKline plc., Merck & Co., Inc., Pfizer Inc., F. Hoffmann-La Roche Ltd, Sandoz International GmbH, Teva Pharmaceutical Industries Ltd., Abbott Laboratories., Sanofi, Allergan, Janssen Global Services, LLC,and others.

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The market growth of antibiotics can be attributed to factors, such as increasing incidents of infectious diseases such as diarrhea, pneumonia, malaria, tuberculosis, and others. This leads to an increased demand for antibiotics production. According to UNICEF, in 2017, diarrhea accounted for approximately 8 percent of all deaths among children under the age of 5 worldwide. Furthermore, increasing investments in R&D by major bio pharmaceutical companies are also leading to market growth.

Other factors,such as supportive government policies,are expected to provide lucrative growth opportunities for the market. For instance, the U.S.government enacted the Generating Antibiotic Incentives Now Act (GAIN Act) of 2012, which provides benefits to manufacturers of Qualified Infectious Disease Products (QIDPs) including 5 years of additional non patent exclusivity. Moreover, technological advancements in the development of innovative drugs by the key players will also boost market growth.

Research objectives:-

– To study and analyze the global Antibiotics consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Antibiotics market by identifying its various sub-segments.
– Focuses on the key global Antibiotics manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Antibiotics with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Antibiotics Market Size
2.2 Antibiotics Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Antibiotics Market Size by Manufacturers
3.2 Antibiotics Key Players Head office and Area Served
3.3 Key Players Antibiotics Product/Solution/Service
3.4 Date of Enter into Antibiotics Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Antibiotics Sales by Product
4.2 Global Antibiotics Revenue by Product
4.3 Antibiotics Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Antibiotics Breakdown Data by End User

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In the end, Antibiotics industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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