Antibacterial Drugs Market Trends, Analysis Research and Projections For 2019-2028
Harmful bacteria reproduced in the body, releases toxins that can damage body tissues. These harmful bacteria are also called as pathogenic bacteria because they cause disease and illnesses like strep throat, tuberculosis, staph infections, cholera, and food poisoning. Antibacterial is a type of antimicrobial drug which is used in the treatment and prevention of bacterial infections.
The global antibacterial drugs market revenue is expected to register a moderate CAGR over the forecast period. The rising prevalence of infectious diseases, increasing number of product approvals are major factors expected to support growth of the market over the forecast period. Increasing healthcare expenditure and recent advancements made in enteral routes of administration is in turn expected to support growth of the global antibacterial drugs market over the forecast period.
The global antibacterial drugs market report has been segmented on the basis of drug class, route of administration, distribution channel, and region.
Based on drug class, the global antibacterial drugs market is segmented based on B – lactams, quinolones, macrolides, tetracycline, aminoglycoside, sulfonamide, phenicols, and others. Based on route of administration, the global antibacterial drugs market is segmented based on oral, topical, parenteral, and others.Distribution channel is segment based on hospital pharmacies, retail pharmacies, and online pharmacies. The retail pharmacies segment accounts for major revenue share and is expected to register significant growth rate over the forecast period, owing to the ease of availability of the products.
Regional segmentation includes North America, Europe, Latin America, Asia Pacific and Middle East and Africa. North America contributes major market share and is expected to maintain its dominance over the forecast period. Increasing number of product approvals and presence of significant number of players in the market are major factors expected to drive growth of market in the region over the forecast.
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Global antibacterial drugs market segmentation, by drug class:
- B – lactams
Global antibacterial drugs market segmentation, by route of administration:
Global antibacterial drugs market segmentation, by distribution channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Some prominent players in the global antibacterial drugs market are Allergan, Plc., Novartis AG, Bristol Myers Squibb Company, Johnson and Johnson, AstraZeneca, Merck & Company, Inc., GlaxoSmithKline Plc., Sanofi SA, Pfizer Inc., and F. Hoffmann-La Roche AG.