The Advancements and Impact of Antibiotics: Technologies and Global Markets
Jul 1,2023 | Pharmaceutical
Antibiotics, also known as anti-bacterial, are used to treat or prevent some types of bacterial infection. They work by killing the bacteria or by making it hard for the bacteria to grow and multiply.
Growth in the Antibiotics Market is mainly driven by the growth of the ageing population, rising technical advancements and increasing awareness of infectious diseases in the global platform. Also, growing awareness, as well as investments in the development of new antibiotics in the market, is pushing the research and development as well as clinical trials in the world.
Antibiotics are available in different forms like pills, capsules, syrups or injections. The increasing investments in research and development of new antibiotic drugs, increasing growth in the incidences of infection and chronic diseases and constant support from the governments for the development of antibacterial drugs have been driving the global market across the forecast period. There have been continuous efforts of pharmaceutical companies in development of new antibiotics which are more susceptible in nature.
With the outbreak of the virus, as much as 95% of the people were prescribed antibiotics for their treatment. These included azithromycin, hydroxychloroquine (a chloroquine derivative of antimalarial drug) among others which proved successful for the treatment of virus during uncertain times. Many people avoided staying in the hospitals for a longer duration during the pandemic, thus prescribing antibiotics seemed the only way out. With more patients getting prescribed antibiotics, there was an increase in the demand for the same and the antibiotics market faced supply chain shortages.
The Antibiotics: Technologies and Global Markets business study offered on Bharatbook is focused on newer drugs and innovations in chemical compounds, recently launched or in development. Specifically excluded from the scope of research are vector or mosquito control, drugs used for symptomatic treatment and not for the elimination of the virus from the host and details on manufacturers and suppliers of non-branded generics. This report will also highlight the current and future market potential of antibiotics with detailed analysis of the competitive environment. Drivers, restraints, opportunities, pricing analysis, impact of COVID-19, other infectious diseases and a regulatory scenario assessment are covered, along with a market projection for 2027 and market share assessment for key players.
The report segments the market for antibiotics based on product type, route of administration, application and geographical region. Based on product type, the market is segmented into cell wall inhibitors, protein inhibitors, DNA and other inhibitors (RNA, mycolic acid, folic acid). Based on route of administration, the market is segmented into oral and topical.
By geographical region, the market has been segmented into North America, Europe, Asia-Pacific, South America and the Middle East and Africa. Detailed analysis of major countries (U.S., Germany, UK, Italy, France, Spain, Japan, China, India, Brazil, Mexico, GCC countries and South Africa) will be covered in the regional segment. For market estimates, data will be provided for 2021 as the base year, with estimates for 2022 and forecast value for 2027.
Major players within the industry include Abbott, F. Hoffmann-La Roche AG, Merck & Co. Inc., Pfizer Inc. and Sanofi.
To get more details on the market, please visit Antibiotics: Technologies and Global Markets
