Global Antibacterial Drugs Market to 2027

The Global Antibacterial Drugs Market is estimated to reach $45 billion by the end of 2027. As per the market study, the global market is estimated to grow at a CAGR of 1.3% during the forecast period 2020-2027. The B-lactams drug class segment held the dominant place in the global marketplace in the year 2019 and accounted ~60% market share in terms of market value, which is followed by Quinolones.

Antibacterial drugs are used in prevention and treatment of various infectious diseases and are categorized into classes on the basis of their molecular structure such as phenicols, macrolides, quinolones, sulfonamides, tetracyclines, B-Lactams and aminoglycosides. Antibacterial drugs inhibit and destroy the microbials growth and are widely used in the treatment of infectious diseases such as HIV/AIDS, malaria, typhoid, leprosy, hepatitis B and tuberculosis among others.