Antibiotic Market Product Types, Growth Opportunities and Forecast to 2022
The global Antibiotic Market is expected to witness rapid growth in the near future due to the development of novel products and rising investment in research & development of advanced antibiotic. Additionally, development of thirty-seven highly advanced molecules in the U.S. region coupled with phase II clinical trials are expected to foster market growth over the forecast period. Favorable governmental regulation, reforms and legislations such as the Generating Antibiotics Incentives Now (GAIN) Act are predicted to drive approval rate, thus propelling market growth further. Globally, the antibiotic market is predicted to grow at a substantial CAGR in forecast period, providing numerous opportunities for market players to invest in research and development in the antibiotic market.
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