Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 49.84 Billion | USD 63.24 Billion | 2.70% | 2023 |
FrequentlyAsked Questions
Antibacterial drugs are derived using synthetic means or produced from molds and bacteria.
The global antibacterial drugs market is expected to grow due to the rising number of bacterial infections and diseases worldwide and is expected to drive the market demand rate.
According to study, the global antibacterial drugs market size was worth around USD 49.84 billion in 2023 and is predicted to grow to around USD 63.24 billion by 2032.
The CAGR value of the antibacterial drugs market is expected to be around 2.70% during 2024-2032.
The global antibacterial drugs market is projected to be led by Asia-Pacific during the forecast period.
The global antibacterial drugs market is led by players like AstraZeneca plc, Cipla Limited, Bayer Healthcare AG, Pfizer Inc., Abbott Laboratories, Otsuka Pharmaceutical Co. Ltd, Merck & Co. Inc., Eli Lilly and Company, Johnson & Johnson Inc., Astellas Pharma Inc., Sanofi S.A., Novartis AG, Daiichi Sankyo Co. Ltd., GlaxoSmithKline plc (GSK) and F. Hoffmann-La Roche AG.
The report explores crucial aspects of the antibacterial drugs market, including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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