Global Antibiotics Market
The Global Antibiotics Market is expected to reach USD XX million by 2022 from USD XX million in 2016, at a CAGR of XX%. Antibiotic resistance accounts for 50,000 deaths per year in the US and Europe alone. Routine surgeries and minor infections might become life threatening if novel antibiotics are not developed. In spite of microbial resistance being a major concern, very few companies are actively involved in research. Mergers between pharmaceutical companies have also reduced the number and diversity of the research teams. However, developed countries with well-funded health care systems are taking preventive measures. Development of novel antibiotics against multi-drug resistant organisms may help the antibiotics market growth.
The emergence of anti-MRSA/VRE drugs, development of generic drugs, and vulnerable aging population are the major drivers for the growth of antibiotics market.
Market restraints include antibiotic resistance, fewer companies involved in active research, and the time taken for regulatory approval.
Global antibiotics market is segmented by type of antibiotics (Sulfonamides, Beta-Lactams, Macrolides, Quinolones, Tetracycline and others) spectrum (narrow and broad) and geography (North America, Europe, Asia-pacific, the Middle East & Africa and South America).
Some of the key players in this market include –
GlaxoSmithKline, Johnson & Johnson, Merck, Pfizer, Bayer Healthcare and others are some of the major key players.
Market analysis for the market, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers, restraints opportunities and challenges.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with company profiles of key players with the analysis of their current strategic interests and key financial information.
Identification and analysis of the macro and micro factors that affect the Global Antibiotics Market. Insights of the market in the regions that have the highest potential for growth and also identify the markets that are still untapped.
Related Topics Global Antibiotics Market - Growth, Trends and Forecasts (2017 - 2022)
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