Antibiotic also called an antibacterial, is a type of antimicrobial drug used in the treatment and prevention of bacterial infections. Antibiotics are also known as antibacterial or antimicrobials. They may either kill or inhibit the growth of bacteria. A limited number of antibiotics also possess antiprotozoal activity. Antibiotics are not effective against viruses such as the common cold or influenza; drugs which inhibit viruses are termed antiviral drugs or antivirals rather than antibiotics. Since the discovery of the antibiotic penicillin in 1920, various antibiotic compounds have been used to treat several bacterial infections.
Antibiotics Market: Key Players
The research study includes profiles of leading companies operating in the global antibiotic market. Key players profiled in the report include: AstraZeneca plc, Bristol-Myers Squibb Co., Bayer HealthCare AG, GlaxoSmithKline plc, Eli Lilly and Company, Johnson & Johnson, Merck & Co., Novartis AG ,Sanofi, and Teva Pharmaceutical Industries Ltd.
GlaxoSmithKline plc announced that patient dosing has begun in a phase III clinical program investigating Gepotidacin, the first in a new chemical class of antibiotics called Triazaacenaphthylene bacterial topoisomerase inhibitors, in patients with uncomplicated urinary tract infection (UTI, also known as acute cystitis) and urogenital gonorrhea (GC).
Drivers for the Global Antibiotics Market:
The growth of the antibiotics is driven by the development of novel approaches for new antibiotics for treating bacterial infections and a large number of clinical trials. Additionally, increase in incidence of infectious diseases such as HIV/AIDS, pneumonia, malaria, and tuberculosis, and the current gap in the demand and supply of antibiotics are the other factors propelling the market. Substantial investments in research and development by biotech companies is propelling the global antibiotics market. Moreover, favorable government legislations is fueling the growth of the antibiotics market.
Opportunities for the Global Antibiotics Market:
The antibiotics market is expected to exhibit significant growth during the forecast period, due to rise in demand for new generation antibiotics that can resolve the issue of antimicrobial resistance. In addition, development of novel approaches for new antibiotics for treating bacterial infections and increase in number of clinical trials supplement the growth of the antibiotics market. While, the discovery of advanced prospect molecules and introduction of novel combination therapies to treat antibiotic-resistant microbial infections are expected to provide new opportunities for market players in the near future.
Restrains for the Global Antibiotics Market:
The development of antibiotic resistance, is driven by the misuse of antibiotics which is hampering the growth of the antibiotics market. While the time taken for the regulatory approval restraining the market growth. However, the lack of research & development activity for the development of newer molecules are hampering the growth of the antibiotics market. Thus all these factors are restraining the growth of the antibiotics market.
Region Wise, Global Antibiotics Market Analysis:
Report covers the region wise analysis, global antibiotics market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all, Asia Pacific leads the global antibiotics market share followed by North-America and Europe. While the Asia Pacific leads the global antibiotics market due to the prevalence of various infectious diseases, favorable regulatory reforms, increase in population & unhygienic conditions giving rise to antibiotic resistance bacteria, and significant demand for generic medicines. All these factors led to the growth of the antibiotics market in Asia-Pacific region.
Global Antibiotics Market: Product analysis
- Beta-lactams ( penicillin, carbapenems, and cephalosporin)
Global Antibiotics Market: Application analysis
- Specialty Clinics
Global Antibiotics Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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