Antibiotics Market Size Worth $57.99 Billion By 2028 | CAGR: 4.5%
Antibiotics Industry Overview The global antibiotics market size is expected to reach USD 57.99 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.5% from 2021 to 2028. High usage of antibiotics and inappropriate prescription behavior of antibiotic drugs worldwide are the major factors anticipated to drive the market. Moreover, rising awareness among patients and healthcare professionals and increasing involvement of regulatory bodies in the R&D activities of new therapies to treat infectious diseases are expected to propel the market growth over the forecast period. Antibiotics Market Segmentation Grand View Research has segmented the global antibiotics market on the basis of action mechanism, drug class, and region: Based on the Action Mechanism Insights, the market is segmented into cell wall synthesis inhibitors, protein synthesis inhibitors, DNA synthesis inhibitors, RNA synthesis inhibitors, mycolic...