The Global Antibacterial Drugs Market is estimated to be valued at USD 44.80 Bn in 2024 and is expected to reach USD 61.01 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.
Key Takeaways of the Antibacterial Drugs Market
Market Overview:
The increasing prevalence of infectious diseases across the globe is expected to drive the demand for effective antibacterial drugs over the forecast period. Despite the large market size, factors such as increasing antibiotic resistance, development of effective alternatives, and stringent regulations for the approval of new antibacterial drugs are restraining the market growth. Additionally, rising awareness among consumers regarding the overuse and misuse of antibacterial drugs are hampering the sales of some commonly-used antibacterial medicines.
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Key Developments:
Top Strategies Followed by Global Antibacterial Drugs Market Players
Emerging Startups - Global Antibacterial Drugs Industry Ecosystem
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