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Antibiotics Market – By Drug Class (Penicillins, Cephalosporins, Macrolides, Quinolones, Aminoglycosides, Tetracyclines), Type, Spectrum (Broad, Narrow), Drug Origin, Route of Administration, Application, Distribution Channel, Global Forecast 2024 – 2032
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Antibiotics Market
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Premium Report Details
Base Year: 2023
Companies covered: 20
Tables & Figures: 432
Countries covered: 22
Pages: 210
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Antibiotics Market Size
Antibiotics Market size was valued at USD 45.6 billion in 2023 and is estimated to expand at 3.3% CAGR from 2024 to 2032. The global market is experiencing dynamic growth driven by factors such as the growing aging population and the continual development of novel antibiotic formulations.
Also, rising incidence of infectious diseases is driving an increased demand for antibiotics in the market. For instance, a Lancet eClinical medicine report highlighted an elevation in the antibiotic prescriptions for 75% of COVID-19 patients, with sales of crucial antibiotics surging between May 2020 and May 2022. Thus, with rising infections, the demand for potent antimicrobial treatments surged, thereby significantly impacting the market expansion.
Antibiotics are a class of antimicrobial drugs designed to inhibit the growth or destroy bacteria, alleviating bacterial infections. Antibiotics interfere with the vital process essential for bacterial survival, either by disrupting the cell wall synthesis, protein production, or DNA replication. Antibiotics are prescribed to treat bacterial infections ranging from respiratory tract infections, urinary tract infections (UTI) to skin infection as well as sexually transmitted diseases (STDs).
Antibiotics Market Trends
Antibiotics Market Analysis
Based on the drug class, the market is classified into penicillins, cephalosporins, macrolides, quinolones, aminoglycosides, tetracyclines, and other drug classes. The cephalosporins segment dominated the market with revenue of USD 14.1 billion in 2023.
Based on type, the antibiotics market is classified into branded and generics. The branded segment held the highest market share of 55.3% in 2023.
Based on spectrum, the antibiotics market is classified into broad-spectrum antibiotics and narrow-spectrum antibiotics. The broad-spectrum antibiotics segment is expected hold the highest revenue throughout the forecast period 2032.
Based on drug origin, the antibiotics market is classified into natural, semisynthetic, and synthetics. The natural segment accounted for USD 23.5 billion in 2023.
Based on applications, the antibiotics market is categorized into respiratory infections, UTI, skin and soft tissue infections, sexually transmitted infections (STIs), gastrointestinal infections, and other applications. The UTI application is expected to lead the market, projecting the highest revenue of USD 23.3 billion by 2032.
Based on route of administration, the antibiotics market is classified into oral, parenteral, and other routes of administration. In 2023, the parenteral route leads the market anticipating its growth during the analysis period with a CAGR of 3.2%
Based on distribution channel, the antibiotics market is classified into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment is anticipated to secure the largest business share in 2023 and is anticipated to show similar trend during the analysis period.
In 2023, North America secured a substantial business share in the antibiotics market and is expected to dominate throughout the forecast period.
Antibiotics Market Share
The competitive landscape of the market is characterized by the presence of established pharmaceutical companies vying for market share. Key players are engaging in strategic initiatives such as mergers, acquisitions, and partnerships to strengthen their product portfolios. The companies are actively adopting a multi-pronged approaches to address the rising demand for effective antibiotics.
Antibiotics Market Companies
Prominent players operating in the antibiotics industry are as mentioned below:
Antibiotics Industry News:
The antibiotics market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 - 2032 for the following segments:
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Market, By Drug Class
Market, By Type
Market, By Spectrum
Market, By Drug Origin
Market, By Route of Administration
Market, By Application
Market, By Distribution Channel
The above information is provided for the following regions and countries: