European $13.5 Billion Antibiotics Market by Drug Class, Drug Origin, Spectrum of Activity and Route of Administration - Opportunity Analysis and Industry Forecast to 2027 - ResearchAndMarkets.com
b'The "European Antibiotics Market by Drug Class, Drug Origin, Spectrum of Activity and Route of Administration: Opportunity Analysis and Industry Forecast, 2019-2027" report has been added to ResearchAndMarkets.com\'s offering.\nThe European antibiotics market was valued at $11,561 million in 2019, and is projected to reach $13,529 million by 2027 at a CAGR of 1.9% from 2020 to 2027.\nThere is an increase in the demand for antibiotics, owing to rise in prevalence of infectious diseases.
- b'The "European Antibiotics Market by Drug Class, Drug Origin, Spectrum of Activity and Route of Administration: Opportunity Analysis and Industry Forecast, 2019-2027" report has been added to ResearchAndMarkets.com\'s offering.\nThe European antibiotics market was valued at $11,561 million in 2019, and is projected to reach $13,529 million by 2027 at a CAGR of 1.9% from 2020 to 2027.\nThere is an increase in the demand for antibiotics, owing to rise in prevalence of infectious diseases.
- In addition, development of novel approaches for new antibiotics for treating bacterial infections and a large number of clinical trials further drive the market growth.\nHowever, development of antibiotic resistance, driven by misuse of antibiotics and the time taken for the regulatory approval is projected to impede the market growth.\nOn the contrary, discovery of advanced prospect molecules and novel combination therapies to treat antibiotic-resistant microbial infections are expected to offer significant profitable opportunities for the market players.\n'