Authored By: Sarah
16 Oct 2020

Technavio predicts that the global penicillin market size will grow by USD 1.65 billion by 2024. According to Technavio, the availability of advanced diagnostic methods has been identified as one of the critical penicillin market drivers.

Key Penicillin Market Statistics

Technavio’s market research report does a deep dive analysis of the various factors affecting the global penicillin market size and growth rate. From a geographic standpoint, North America will lead the market during the forecast period. Also, with the ease of administration of oral penicillin antibiotics, the oral type segment of the market will lead during the forecast period.

Penicillin Market

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Penicillin Market Vendor Landscape

According to Technavio, the key penicillin market participants are:

  • Astellas Pharma, Inc.
  • Biocon Ltd.
  • Cadila Healthcare Ltd.
  • GlaxoSmithKline Plc
  • Merck & Co., Inc.
  • Mylan NV
  • Pfizer Inc.
  • Sanofi
  • Sun Pharmaceutical Industries Ltd.
  • Teva Pharmaceutical Industries Ltd.

This penicillin market forecast report provides a detailed analysis of the market leaders, to help clients improve their market position. With the aid of Technavio’s insights pertaining to the competitive landscape of the penicillin market, companies will be able to create effective strategies to make the most of the growth opportunities.

View Market Snapshot

Key Highlights of Penicillin Market Analysis:

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will influence the penicillin market growth during the next five years
  • Precise estimation of the penicillin market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the penicillin market industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape
  • Comprehensive details of factors that will challenge the growth of penicillin market vendors

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Technavio Research
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UK: +44 203 893 3200

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