According to the recent research report titled ‘Global Antibiotics Market - Analysis By Drug Class (Beta-Lactams, Cephalosporins, Lipopeptide, Others), Mechanism, By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026)’ available with MarketStudyReport, global antibiotics market was valued at USD 46.66 billion in 2020 and is predicted to amass substantial gains by 2026.

Mounting population, rising geriatric residents, widespread adoption of advanced technologies, growing investments for the development of new antibiotics and increasing awareness of infectious diseases are predominantly positively impacting global antibiotics market growth. Focus towards improving antimicrobial resistance in consort with increasing clinical research activities are also paving the way towards the overall market expansion.

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The advent of COVID-19 has deemed to be fruitful for global antibiotics market participants. As most people avoided staying in hospitals for longer duration during the Coronavirus outbreak, there was a growing demand for antibiotics across the globe, which in turn is favoring the overall market scenario.

This research report elaborates on the major development trends, restraints & limitations, and other expansion avenues that is impacting the growth trajectory of global antibiotics market. The document also offers a detailed assessment of the past and current trends when formulating the compound annual growth rate as well as the remuneration scale of this business sphere during the estimated period.

Additionally, the document talks about the various market segmentations, thus ensuring improved decision making and high profitability among investors look to invest in new ventures. Speaking of which, this business space is divided on the basis of drug class and mechanism.

By drug class, the market is categorized into lipopeptide, cephalosporins, beta-lactams (penicillin), and others. Moving on to mechanism type, the industry is split into DNA synthesis, protein synthesis, cell wall synthesis, and others.

The regional analysis of this industry vertical is widespread across North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa.

Meanwhile, the leading companies defining the competitive landscape of global antibiotics marketplace are Deinove SAS, Pfizer Inc., Bayer Group, GlaxoSmithKline plc, Johnson & Johnson, Eli Lilly Company, Novartis AG, Amgen Inc., Roche Holding AG, and Merck KGaA.