Your Catalyst to a Lucrative Business
Antibiotics Market Share, Size, Growth, Key Players, Outlook and
Forecasts to 2022 | Hexa Research
“ The global antibiotics market is expected to foresee significant growth over
the forecast period.”
18 Feburary 2019
The global antibiotics market is expected to foresee significant growth over the forecast period. An antibiotic
is a type of antimicrobial used to treat a number of bacterial infections and to slow down the growth of such
infections in the body. The global market for antibiotics is witnessing immense growth due to rising
investments in research and development activities along with continuous product innovations by ma jor
companies. Rising awareness regarding the advantages of antibiotics, particularly in Asia Pacific, is also likely
to drive the market. Companies that accounted for most of this increase were based in regions including
China, Brazil, India, Russia, and South Africa.
Product consumption varies significantly in different countries as per demand. Two classes of antibiotic drugs
including carbapenems and polymyxins have shown increase in the consumption in past few years and this
trend is expected to continue even during the forecast period. Over the past few years, numerous companies
have been engaged in product manufacturing and about 79% of the global demand is covered by
aminoglycoside. There are various products present in the market such as tetracyclines, penicillin,
erythromycin, chloramphenicol, and streptomycin. Factors such as rising demand for effective drugs and
increasing prevalence of infectious diseases, especially in emerging economies including Middle East, Africa,
Latin America, and Asia Pacific, are significant growth drivers for the market.
Follow Us: