At the end of 2021, the global Peptide Antibiotics Market was estimated to be worth approximately US$ 4.4 billion. The market is expected to grow at a 6.6% CAGR and reach a value of US$ 8.3 billion by 2032.
Given the increased prevalence of illnesses such as bloodstream infections, hospital-acquired infections, and bacterial skin infections, the market for peptide antibiotics is expected to thrive in the future.
Peptide antibiotics are peptides with antibacterial and antifungal activity. Peptide antibiotics are an important component of the innate immune system, which is the initial line of defence for living organisms against invading pathogens. These peptides are mostly synthesised in tissues that have direct environmental interaction, such as the skin, stomach, and lungs.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Peptide Antibiotics Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Peptide Antibiotics market.
Key Peptide Antibiotics Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Peptide Antibiotics market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Peptide Antibiotics Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Peptide Antibiotics market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Peptide Antibiotics Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Peptide Antibiotics market. As per the survey, Peptide Antibiotics sales will project steady growth over the forecast period.
- Peptide Antibiotics Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Peptide Antibiotics market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Peptide Antibiotics Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Peptide Antibiotics market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Peptide Antibiotics market.
Some of the prominent market players are profiled by FMI are:
- Pfizer Inc.
- Merck & Co., Inc.
- AbbVie Inc
- GSK Group of Companies
- Sandoz International GmbH
- Xellia Pharmaceuticals
- AuroMedics Pharma LLC
- Theravance Biopharma
- Novartis
- GlaxoSmithKline
- Eli Lilly
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Key Segments Covered in the Peptide Antibiotics Market Report
By Product:
- Ribosomal Synthesized Peptide Antibiotics
- Non-Ribosomal Synthesized Peptide Antibiotics
By Disease:
- Skin Infection
- HABP/VABP
- Blood Stream Infection
- Others
By Route of Administration:
- Oral
- Injectable
- Topical
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- E-Commerce
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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