Antimicrobial Therapeutics Market Size, Share, and Analysis, By Drug Class (Antibacterial, Antivirals, Antifungal, and Antiparasitic), By Route of Administration (Oral, Tropic, Injectable, and Others), By Disease Indication (Respiratory Infections, Urinar

Antimicrobial Therapeutics Market Size, Share, and Analysis, By Drug Class (Antibacterial, Antivirals, Antifungal, and Antiparasitic), By Route of Administration (Oral, Tropic, Injectable, and Others), By Disease Indication (Respiratory Infections, Urinary Tract Infections, Skin and Soft Tissue Infections, Sexually Transmitted Infections, Gastrointestinal Infections, Central Nervous System Infections, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Antimicrobial Therapeutics Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 88.6 billion and is projected to reach USD 164.5 billion by the completion of 2034.

Antimicrobial therapies refer to a group of medicines that are used to battle a variety of microbial infections, such as bacteria, viruses, fungi, and parasites. These therapies are designed to prevent microbial development that causes the disease, thus reducing symptoms and promoting recovery. Antibiotics are the keystone of antimicrobial therapy as it targets bacterial infections by either eradicating the bacteria or inhibiting their growth. In addition, antimicrobial therapeutics also include antiviral drugs, along with antifungal medications and antiparasitic treatments. Moreover, research is being done to develop new antimicrobial medicines and improve current therapies to surpass microbial adaptation. Consequently, maintaining the effectiveness of these treatments and preventing antimicrobial resistance requires careful adherence to recommended regimens and the careful use of antibiotics.

MARKET HIGHLIGHTS

Antimicrobial therapeutics market is projected to reach USD 164.5 billion over the forecast period, owing to the rising prevalence of infectious diseases, along with the mounting challenge of antimicrobial resistance, which increases the demand for new treatments. Additionally, innovations in technology and healthcare infrastructure across emerging markets are contributing to the growth of the antimicrobial therapeutic market. The COVID-19 pandemic has further highlighted the importance of antimicrobial medicines and encouraged high investment in R&D activities. Moreover, industry players are frequently using strategic collaborations and acquisitions to strengthen their market positions. Thus, the antimicrobial therapeutics market will experience sustained growth due to the escalating burden of infectious diseases and the need to address antimicrobial resistance.

Antimicrobial Therapeutics Market Segments:

• By Drug Class
• Antibacterial
• Antivirals
• Antifungal
• Antiparasitic
• By Route of Administration
• Oral
• Tropic
• Injectable
• Others
• By Disease Indication
• Respiratory Infections
• Urinary Tract Infections
• Skin and Soft Tissue Infections
• Sexually Transmitted Infections
• Gastrointestinal Infections
• Central Nervous System Infections
• Others

MARKET DYNAMICS

Growth Drivers

Growing Prevalence of Infectious Diseases to Present Growth Opportunities for the Antimicrobial Therapeutic Industry

Advancements in Technology Will Help in the Adoption of Therapies

Restraint

Antimicrobial Resistance May Prevent Growth in the Market

Key Players

• Pfizer Inc.
• Merck & Co., Inc.
• GlaxoSmithKline plc (GSK)
• Johnson & Johnson
• Novartis International AG
• Sanofi S.A.
• Roche Holding AG
• AstraZeneca PLC
• Bayer AG
• AbbVie Inc.
• Bristol Myers Squibb Company
• Eli Lilly and Company
• Astellas Pharma Inc.
• Gilead Sciences, Inc.
• Boehringer Ingelheim GmbH
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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