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Stock impact report

Amoxicillin Market Research Report 2024: Combination Therapies and Immunotherapy Trends Shaping Future Landscape - Global Long-term Forecast to 2028 and 2033 [Yahoo! Finance]

Phathom Pharmaceuticals, Inc. (PHAT) 
Last phathom pharmaceuticals, inc. earnings: 3/19 08:31 am Check Earnings Report
Company Research Source: Yahoo! Finance
The amoxicillin market size has grown steadily in recent years. It will grow from $4.58 billion in 2023 to $4.74 billion in 2024 at a compound annual growth rate (CAGR) of 3.4%. The amoxicillin market size is expected to see steady growth in the next few years. It will grow to $5.44 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%. The growth observed in the historical period can be credited to enhanced knowledge of antibiotics, accelerated research activities and developments, increased occurrences of cardiovascular diseases, rising demand for amoxicillin in treating urinary tract infections, and a growing elderly population. The growth in the forecast period is driven by factors such as increasing incidence of impaired renal function, higher prevalence of lower respiratory infections, rising cases of skin infections, growing occurrences of lower respiratory tract infections, and increasing prevalence of bacterial infections. Key trends expected during this period Show less Read more
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