Antibiotics Market Key Insights 2020 | Abbott, Pfizer, Janssen Pharmaceuticals, Sanofi, GlaxoSmithKline, Bayer, Novartis, Eli Lilly

Antibiotics Market Introduction and Scope:

The "Global Antibiotics Market Analysis to 2027" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of antibiotics market with detailed market segmentation by drug class, action mechanism and geography. The global antibiotics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading antibiotics market players and offers key trends and opportunities in the market.

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Antibiotics are powerful medicines that are used to fight against bacterial infections. Antibiotics are also known as antibacterials which include a range of powerful drugs and are used to treat diseases caused by bacteria. These are specifically used to treat infections caused by bacteria such as, Staph., Strep., or E. coli. and either kill the bacteria (bactericidal) or keep it from reproducing and growing (bacteriostatic). The antibiotics do not work against any viral infection. Some common infections treated with antibiotics are, conjunctivitis, skin or soft tissue infection, upper respiratory tract infection, bronchitis, streptococcal pharyngitis (strep throat) and among others.

The antibiotics market is anticipated to grow in the forecast period owing to driving factors such as, rise in the cases of infectious diseases and major investments in R&D activities by pharmaceutical companies. Moreover, increasing efforts undertaken by major companies for the development of advanced products will also support market growth and increased consumption of antibiotics in low & middle-income countries is anticipated to offer more growth opportunities for the players operating in the antibiotics market.

Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players

The global antibiotics market is segmented on the basis of drug class and action mechanism. Based on drug class, the market is segmented as, sulfonamides, aminoglycosides, carbapenem, macrolides, fluoroquinolones, penicillin, cephalosporin and others. On the basis of action mechanism, the global antibiotics market is segmented as, mycolic acid inhibitors, RNA synthesis inhibitors, DNA synthesis inhibitors, protein synthesis inhibitors and cell wall synthesis inhibitors.

Some of the Leading key players operating in Antibiotics Market are, Abbott, Pfizer, Inc., Janssen Pharmaceuticals (Johnson and Johnson Services, Inc.), Sanofi, GlaxoSmithKline plc. Bayer AG, Novartis AG, Eli Lilly and Company, Bristol-Myers Squibb Company, Astellas Pharma, Inc. among others.

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The report analyzes factors affecting antibiotics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the antibiotics market in these regions.

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