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Antibiotics are powerful drugs that are used to fight bacterial infections and diseases. These are specifically used to treat infections caused by bacteria such as Staph., Strep. or E. coli. Antibiotics kill bacteria (bactericides) or prevent them from reproducing and growing (bacteriostatics). The antibiotics market does not work against any viral infection. Some of the common infections treated with antibiotics include conjunctivitis, skin or soft tissue infection, upper respiratory tract infection, bronchitis, strep throat (strep throat), among others.
The growth of the antibiotics market is attributed to the growing awareness related to stem cell therapy in the effective management of diseases and the growing demand for regenerative drugs. However, high stem cell therapy costs are hampering the market growth.
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Here we have listed the top companies in the Antibiotics Market:
Pfizer, Inc, Johnson & Johnson Services, Inc. (Janssen Pharmaceuticals), Abbott, GlaxoSmithKline Plc, Sanofi, Novartis AG, Bayer AG, Bristol Myers Squibb Company, Eli Lilly and Company, Astellas Pharma
Highlights the following key factors:
1) Business Description – A detailed description of the company’s operations and business divisions.
2) Business Strategy – Analyst’s summary of the company’s business strategy.
3) SWOT Analysis-A detailed analysis of the strengths, weaknesses, opportunities and threats of the business.
4) Company History – Progression of key events associated with the company.
5) Main products and services-A list of the company’s main products, services and brands.
6) Main Competitors – A list of the company’s main competitors.
7) Important Locations and Subsidiaries – A list and contact details of the company’s main locations and subsidiaries.
8) Detailed financial ratios for the last five years – The latest financial ratios derived from the annual financial statements published by the company with 7 years of history.
The Covid-19 (coronavirus) pandemic is impacting society and the economy as a whole across the world. The impact of this pandemic is increasing day by day and is affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, a massive supply chain slowdown, declining business confidence and growing panic among customer segments. The overall effect of the pandemic is impacting the production process of several industries including biotechnology, medical devices, pharmaceutical industry and many more. Trade barriers further restrict supply and demand prospects. As the governments of different regions have already announced the total lockdown and temporary shutdown of industries, the overall production process is negatively affected; thus, hampering the overall antibiotics market globally. This ‘Antibiotics Market’ report provides an analysis of the impact of Covid-19 on various business segments and country markets. The report also presents market trends and forecasts until 2028, taking into account the impact of the Covid -19 situation.
On the basis of drug class, the antibiotics market is segmented into sulfonamides, aminoglycosides, carbapenems, macrolides, fluoroquinolones, penicillin, cephalosporin, and others. The cephalosporins segment held the largest market share in 2020; while the fluoroquinolones segment is expected to register the highest CAGR in the market over the forecast period.
On the basis of mechanism of action, the antibiotics market has been segmented into mycolic acid inhibitors, RNA synthesis inhibitors, DNA synthesis inhibitors, protein synthesis inhibitors and inhibitors cell wall synthesis. Cell wall synthesis inhibitors segment held the largest market share in 2020, while DNA synthesis inhibitors segment is expected to register the highest CAGR in the market during the forecast period .
The report provides a detailed overview of the industry, including qualitative and quantitative information. It provides overview and forecast of the global Antibiotics market based on product and application. It also provides market size and forecast till 2028 for the overall Antibiotics market for five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which are further sub-segmented by respective countries and segments. The report assesses market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends and provides comprehensive PEST analysis for all five regions.
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