Antibiotics Market: By Type, By Application, By Distribution Channel and Region Forecast 2020-2031

Antibiotics Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Penicillin’s, Cephalosporins, Macrolides, Fluoroquinolones, Tetracyclines, Sulphonamides, Others), By Application (Human Use, Veterinary Use), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) and Region Forecast 2020-2031

Antibiotics Market size was valued at US$ 57,893.2 million in 2024 and is expected to reach US$ 77,735.2 million by 2031, growing at a significant CAGR of 4.3% from 2025-2031. The market encompasses the production, distribution, and sale of antimicrobial drugs that are used to prevent and treat bacterial infections in humans and animals. These pharmaceutical agents include a wide range of classes, such as penicillin’s, cephalosporins, macrolides, fluoroquinolones, and tetracyclines, among others. The market includes both branded and generic antibiotics, as well as over-the-counter and prescription-based formulations.

The market is driven by the rising prevalence of infectious diseases, increased healthcare awareness, and the growing demand for effective treatment options. The market is characterized by a strong presence of generic products, intense R&D activity for novel antibiotics, and government initiatives to combat antimicrobial resistance. However, challenges such as stringent regulatory approvals, high development costs, and increasing bacterial resistance are influencing the pace of innovation and market dynamics. Emerging economies, particularly in Asia-Pacific and Latin America, are witnessing robust growth due to improving healthcare infrastructure and rising antibiotic consumption.

Facts & Figures

  • According to the World Health Organization (WHO), antibiotic-resistant infections cause an estimated 1.27 million deaths globally each year, highlighting the critical need for effective antibiotic treatments and stewardship programs.
  • The Centers for Disease Control and Prevention (CDC) reports that in the United States alone, approximately 2.8 million antibiotic-resistant infections occur annually, resulting in over 35,000 deaths, which underscores the burden of antimicrobial resistance on healthcare systems.
  • The European Centre for Disease Prevention and Control (ECDC) states that over 33,000 people die each year in Europe due to infections caused by antibiotic-resistant bacteria, with healthcare costs estimated to exceed €1.5 billion.
  • The Food and Agriculture Organization (FAO) emphasizes that nearly 70% of antibiotics sold globally are used in livestock production, raising concerns about the role of veterinary antibiotic use in accelerating resistance.

Key Developments:

  • In August 2024, the UK's National Health Service (NHS) introduced a groundbreaking subscription model for antibiotics, aiming to combat antimicrobial resistance (AMR). Under this scheme, pharmaceutical companies are offered up to £20 million annually per antibiotic, irrespective of prescription volume. This approach seeks to decouple financial incentives from antibiotic usage, thereby promoting the development of new treatments while ensuring their judicious use. The initiative is part of a broader £1.9 billion, 16-year program designed to stimulate innovation in antibiotic development and address the global AMR crisis.
  • In April 2024, the U.S. Food and Drug Administration (FDA) approved Zevtera (ceftobiprole medocaril sodium) for treating serious bacterial infections, including Staphylococcus aureus bloodstream infections, acute bacterial skin and skin structure infections, and community-acquired bacterial pneumonia in patients aged three months and older. This approval marks a significant advancement in combating multidrug-resistant pathogens, offering healthcare providers a new therapeutic option for challenging infections.
  • In March 2024, the European Commission unveiled the "Critical Medicines Act," aiming to decrease the EU's reliance on Asian countries, particularly China and India, for the production of essential medicines, including antibiotics. The Act proposes measures such as revising procurement practices to prioritize quality over cost and enhancing domestic manufacturing capabilities. Currently, over 80% of active pharmaceutical ingredients used in Europe are sourced from Asia, highlighting the need for increased self-sufficiency to mitigate supply chain vulnerabilities.

Antibiotics Market Segmentation:

Based on the type:

  • Penicillin’s
  • Cephalosporins
  • Macrolides
  • Fluoroquinolones
  • Tetracyclines
  • Sulfonamides
  • Others

Among the various antibiotic types, cephalosporins are anticipated to lead the market, driven by their broad-spectrum efficacy and wide applicability across multiple infection types. Cephalosporins are preferred in both hospital and outpatient settings due to their effectiveness against gram-positive and gram-negative bacteria, including resistant strains. Their relatively low toxicity and strong safety profile further enhance their adoption. The increasing incidence of hospital-acquired infections and surgical procedures is propelling demand for these antibiotics, particularly in developed healthcare systems. Moreover, the continued development of advanced-generation cephalosporins is boosting their clinical use, positioning them as a dominant segment in the market.

Based on the application:

  • Human Use
  • Veterinary Use

Based on application, human use is anticipated to dominate the market, primarily due to the high global burden of bacterial infections and the continuous demand for effective treatment options. Antibiotics are extensively prescribed for respiratory tract infections, urinary tract infections, gastrointestinal infections, and skin conditions, which are prevalent across all age groups. The rising awareness about infectious diseases, increasing hospital admissions, and growth in outpatient care further support this segment's expansion. Additionally, the growing elderly population with weakened immunity, along with advancements in diagnostic technologies, contributes to higher antibiotic prescriptions. As a result, human use remains the leading application segment.

Based on the distribution channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Based on the distribution channel, hospital pharmacies are projected to lead the market due to the high volume of prescriptions generated in inpatient settings. Hospitals often deal with severe and acute infections, including post-surgical infections and hospital-acquired infections, which require immediate and targeted antibiotic treatment. The availability of a broad range of antibiotics, including advanced and injectable formulations, makes hospital pharmacies the preferred channel for critical care. Additionally, the rise in hospital admissions, increasing number of surgeries, and growing investments in hospital infrastructure especially in emerging economies are further driving this segment’s dominance in the global antibiotic’s distribution landscape.

Antibiotics Market Summary

Study Period

2025-2031

Base Year

2024

CAGR

4.3%

Largest Market

Asia-Pacific

Fastest Growing Market

Latin America

Antibiotics Market Dynamics

Drivers

One of the main factors driving growth in the market is the increasing incidence of bacterial infectious diseases globally. As the global population continues to increase and urbanize, the spread of bacterial infections like pneumonia, tuberculosis, urinary tract infections, and bloodstream infections has become more intense. Especially in low- and middle-income nations, restricted access to clean water, dense housing, and poor sanitation facilitate increased infection rates. Moreover, the resurgence of ancient bacterial infections in specific areas because of climate change and migration has led to renewed calls for potent antibiotic treatment.

Health care centres and medical professionals increasingly turn to a variety of broad-spectrum and specific antibiotics to treat hospital-acquired and community-acquired infections. The resultant ongoing demand for treatment boosts consumption of antibiotics as well as compels pharmaceutical firms to ensure continuous manufacturing and supply. Consequently, prevalence of infectious disease remains a strong influence driving antibiotic market growth worldwide.

Restraints

One of the principal brakes on the market is the fast and alarming growth in antimicrobial resistance (AMR). Bacteria are developing resistances more quickly than new drugs are being discovered, making many current medicines useless. The excessive use and improper use of antibiotics in human medicine, agriculture, and veterinary medicine have fuelled this resistance, making popular therapies like penicillins and fluoroquinolones less effective. This not only results in increased mortality and morbidity but also places huge economic pressures on healthcare systems through extended hospital stays and the requirement for more costly second-line treatments.

Additionally, drug companies are presented with a high-risk, low-reward situation in creating new antibiotics, considering the brief length of antibiotic courses and cost pressures. Regulatory issues and the absence of market incentives further exacerbate the problem. Therefore, antimicrobial resistance greatly impedes market growth by compromising both drug effectiveness and the profitability of antibiotic research.

Opportunities

The emergence of new classes of antibiotics and substitute treatments is a massive opportunity for the antibiotics industry. As the classical pipeline of antibiotics is reducing and most of the pathogens become resistant to currently available drugs, a greater demand has been placed for breakthrough products to fight against drug-resistant microorganisms. Biotech companies and research organizations are now targeting novel mechanisms, including bacteriophage therapy, antimicrobial peptides, and microbiome modulation, which provide targeted and less resistance-susceptible treatment options.

Next-generation antibiotics that act through novel modes of action or are based on synthetic biology are also attracting investors and regulators. Various global programs, such as CARB-X and GARDP, are offering funding and collaboration platforms to speed up such innovations. If they succeed, these innovations can not only replenish the antibiotic arsenal but also open up a new market segment with strong commercial appeal. This potential is especially strong in countries that have progressive healthcare policy and conducive innovation environments.

Trends

One of the most important trends that are transforming the market for antibiotics is the international implementation of antibiotic stewardship programs to ensure a responsible use of antimicrobial drugs. These programs, used in all hospitals, clinics, and long-term care facilities, are geared towards maximizing antibiotic prescribing strategies to contain resistance, reduce harmful effects, and enhance patient outcomes. Backed by health organizations such as the WHO, CDC, and ECDC, stewardship activities encompass tracking antibiotic use, implementing decision-support systems for clinicians, and educating healthcare providers and the public on responsible antibiotic use.

This trend is shaping demand through the transition from high-volume prescribing to precision-based, diagnostics-oriented therapy. Industry is reacting with the creation of narrow-spectrum antibiotics, companion diagnostics, and formulations attuned to stewardship goals. While it will initially cut into volume sales, the focus on quality and effectiveness creates opportunities for premium-priced, differentiated products. This trend of stewardship is certain to become a lasting part of antibiotic regulation and use globally.

Antibiotics Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2025-2031

Market Size in 2024

US$ 57,893.2 million

Market Size in 2031

US$ 77,735.2 million

Market CAGR

4.3%

By Type

  • Penicillin’s
  • Cephalosporins
  • Macrolides
  • Fluoroquinolones
  • Tetracyclines
  • Sulfonamides
  • Others

By Application

  • Human Use
  • Veterinary Use

By Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Analyst Review

PBI Analysts anticipate that the market is witnessing steady growth driven by the rising global burden of infectious diseases and increasing antimicrobial resistance, which continues to fuel the need for advanced and effective treatment options. PBI analysts note a strong shift toward broad-spectrum and next-generation antibiotics, particularly cephalosporins, due to their versatility and safety profile. Human use dominates the application segment, while hospital pharmacies remain the primary distribution channel due to their access to critical and high-strength formulations. Although regulatory hurdles and resistance pose challenges, ongoing R&D efforts and government initiatives are expected to sustain long-term market momentum and innovation in antibiotic therapies.

Key Features of the Report

  • The antibiotics market report provides granular level information about the market size, regional market share, historic market (2020-2024), and forecast (2025-2031)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter Five Force Analysis.

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Frequently Asked Questions

The antibiotics market size was valued at US$ 57,893.2 million in 2024 and is projected to grow at a significant CAGR of 4.3% from 2025-2031.

The growth is primarily driven by the rising incidence of bacterial infections, increasing healthcare access in developing regions, and the growing need for effective treatments against antimicrobial-resistant strains.

Cephalosporins currently lead the market due to their broad-spectrum activity, low toxicity, and wide use in treating both hospital- and community-acquired infections.

Key challenges include rising antimicrobial resistance (AMR), limited financial incentives for new antibiotic development, and stringent regulatory approval processes for novel therapies.

Market research is segmented based on type, application, distribution channel and region.

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1.Executive Summary
2.Global Antibiotics Market Introduction 
2.1.Global Antibiotics Market  - Taxonomy
2.2.Global Antibiotics Market  - Definitions
2.2.1.Type 
2.2.2.Application
2.2.3.Distribution Channel
2.2.4.Region
3.Global Antibiotics Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Antibiotics Market Analysis, 2020 - 2024 and Forecast 2025 - 2031
4.1.  Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Antibiotics Market  By Type , 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
5.1. Penicillin’s
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Cephalosporins
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Macrolides
5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Fluoroquinolones
5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Tetracyclines
5.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Sulfonamides
5.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Others
5.7.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
6.Global Antibiotics Market  By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
6.1. Human Use
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Veterinary Use
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7.Global Antibiotics Market  By Distribution Channel, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
7.1. Hospital Pharmacies
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Retail Pharmacies
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Online Pharmacies
7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8.Global Antibiotics Market  By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Antibiotics Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
9.1. Type  Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Penicillin’s
9.1.2.Cephalosporins
9.1.3.Macrolides
9.1.4.Fluoroquinolones
9.1.5.Tetracyclines
9.1.6.Sulfonamides
9.1.7.Others
9.2.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Human Use
9.2.2.Veterinary Use
9.3.  Distribution Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospital Pharmacies
9.3.2.Retail Pharmacies
9.3.3.Online Pharmacies
9.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Antibiotics Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
10.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Penicillin’s
10.1.2.Cephalosporins
10.1.3.Macrolides
10.1.4.Fluoroquinolones
10.1.5.Tetracyclines
10.1.6.Sulfonamides
10.1.7.Others
10.2.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Human Use
10.2.2.Veterinary Use
10.3.  Distribution Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospital Pharmacies
10.3.2.Retail Pharmacies
10.3.3.Online Pharmacies
10.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Antibiotics Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Penicillin’s
11.1.2.Cephalosporins
11.1.3.Macrolides
11.1.4.Fluoroquinolones
11.1.5.Tetracyclines
11.1.6.Sulfonamides
11.1.7.Others
11.2.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Human Use
11.2.2.Veterinary Use
11.3.  Distribution Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospital Pharmacies
11.3.2.Retail Pharmacies
11.3.3.Online Pharmacies
11.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Antibiotics Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Penicillin’s
12.1.2.Cephalosporins
12.1.3.Macrolides
12.1.4.Fluoroquinolones
12.1.5.Tetracyclines
12.1.6.Sulfonamides
12.1.7.Others
12.2.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Human Use
12.2.2.Veterinary Use
12.3.  Distribution Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospital Pharmacies
12.3.2.Retail Pharmacies
12.3.3.Online Pharmacies
12.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Antibiotics Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
13.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Penicillin’s
13.1.2.Cephalosporins
13.1.3.Macrolides
13.1.4.Fluoroquinolones
13.1.5.Tetracyclines
13.1.6.Sulfonamides
13.1.7.Others
13.2.  Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Human Use
13.2.2.Veterinary Use
13.3.  Distribution Channel Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospital Pharmacies
13.3.2.Retail Pharmacies
13.3.3.Online Pharmacies
13.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Pfizer Inc.
14.2.2.GlaxoSmithKline plc (GSK)
14.2.3.Johnson & Johnson
14.2.4.Merck & Co., Inc.
14.2.5.Novartis AG
14.2.6.Sanofi S.A.
14.2.7.Abbott Laboratories
14.2.8.Roche Holding AG
14.2.9.Bayer AG
14.2.10.Teva Pharmaceutical Industries Ltd.
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Pfizer Inc.
  • GlaxoSmithKline plc (GSK)
  • Johnson & Johnson
  • Merck & Co., Inc.
  • Novartis AG
  • Sanofi S.A.
  • Abbott Laboratories
  • Roche Holding AG
  • Bayer AG
  • Teva Pharmaceutical Industries Ltd.

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