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NEW YORK, Jan. 13, 2021 /PRNewswire/ The Global Antibiotics Market is estimated to generate a revenue of $58,798.1 million at a CAGR of 4.0% growing from $43,298.5 million in 2019, during the forecast period, 2020-2027, as per a new report by Research Dive.
Regional Analysis
North America Antibiotics Market for antibiotics facilities accounted for $15,132.8 million in 2019 and it is estimated to generate a revenue of $19,950.2 million by the end of 2027. Higher extent of prescribed antibiotics along with strict government & industry regulations for business processes are some of the factors propelling the antibiotics market growth in the region.
Key Segments of the Market