Antibiotics Market Expected to Reach US ~$51.5 billion and CAGR 4.2% by 2028 – Polaris Market Research

Actigraphy Sensors And Psg Devices Market

The global Antibiotics Market size is expected to reach USD 51.5 billion by 2028 according to a new study by Polaris Market Research.

The collaboration between pharma companies is boosting industry growth. Pharma companies across the globe are strengthening their research efforts to develop new therapies and reduce the costly burden of drug discovery. In this direction, in July 2019, Nosopharm partnered with Evotec to develop NOSO-502, a novel antibiotic to treat Enterobacteriaceae infections. Similarly, in April 2019, Forge Therapeutics and Basilea Pharma announced a research and license agreement to develop new antibiotics.

Request Sample Copy of Research Report @   

(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)

Moreover, rising public-private collaborations to fund projects related to this industry are also expected to boost the market growth. For instance, in March 2019, the Global Antibiotic Research and Development Partnership (GARDP) announced a collaboration with Evotec to develop first-in-class antibiotics for the treatment of drug-resistant bacteria.

In line with this, in July 2020, more than dozens of pharma companies introduced the AMR action fund, a collaborative effort to develop new three to four antibiotics, by the end of the decade. Group has already collected more than USD 1 billion to support clinical research for new antibiotics to address life-threatening infections. The fund would provide potential antibiotic candidates for the most challenging drug development stages and enable individual governments to make favorable reforms for potential product pipelines.

See also  Hydraulic Cylinder Market to Witness Double Digit CAGR by 2032

Buy a Premium Report –

Market participants such as Abbott Laboratories, Allergan, Bayer AG, Cumberland Pharmaceuticals, Inc., Danaher, GlaxoSmithKline plc, Melinta Therapeutics, Merck & Co. Inc., Mylan, Nabriva Therapeutics plc, Novartis, Pfizer Inc., Roche, Sanofi, Teva Pharmaceutical Industries Ltd. Pharmaceutical companies across the globe are focussing on research and innovation to stay competitive and develop new anti-microbial therapies.

Inquire more about this report before purchase @   

(You may enquire about a reported quote OR available discount offers to our sales team before purchase.)

Polaris Market Research has segmented the antibiotics market report on the basis of product, application, end-use, and region:

Antibiotics, Product Outlook (Revenue – USD Billion, 2016 – 2028)

  • Software
  • Device
  • Storage System

Antibiotic, Application Outlook (Revenue – USD Billion, 2016 – 2028)

  • Drug Discovery & Development
  • Academic research
  • Disease Diagnosis

Antibiotic, End-Use Outlook (Revenue – USD Billion, 2016 – 2028)

  • Hospitals
  • Biotech & pharma companies
  • Diagnostic Labs
  • Academic & research institutes

Browse detailed report with in-depth TOC – Antibiotics Market

About Us:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.

Contact Us:

Polaris Market Research

See also  Substation Automation Market Projected to Grow at a CAGR of 6.1% Throughout 2018 - 2026

Phone: +1-929-297-9727