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Insights on Antibiotics Market within the Pharmaceuticals Sector | Rising Prevalence of Infectious Diseases to Emerge as a Key Driver

Insights on Antibiotics Market within the Pharmaceuticals Sector | Rising Prevalence of Infectious Diseases to Emerge as a Key Driver

The global antibiotics market is expected to grow at a CAGR of over 3% during 2020-2024, according to the latest market research report by Technavio. The report provides a detailed analysis on the impact and new opportunities created by the COVID-19 pandemic. The report also helps clients keep up with new product launches in direct & indirect COVID-19 related markets.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005594/en/

Technavio has announced its latest market research report titled Global Antibiotics Market 2020-2024 (Graphic: Business Wire)

Learn more about how COVID-19 is impacting the antibiotics market – Request a free sample report

High population densities, rising globalization, and urbanization have increased the colonization of disease-causing pathogens worldwide. Also, the destruction of natural habitats of animals led by deforestation has increased the localization of animals near human habitats. This has increased the risk of infection transmission from animals to humans. In addition, the rising number of dams, poor sanitization, and improper waste management systems have further increased the prevalence of infectious diseases over the years. All these factors are fueling the growth of the global antibiotics market.

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Antibiotics Market: COVID-19 Impact Analysis on Parent Market

The global pharmaceuticals market is the parent market of the antibiotics market. Within its scope, the pharmaceuticals market covers products and companies engaged in R&D or production of generic drugs, non-generic drugs, and veterinary drugs. Our report on the antibiotics market offers a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as analysis on several large and small vendors active in the market

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