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The Antibiotics Market size was valued at around 50.91 billion in 2023 and is expected to reach a value of USD 75.66 Billion by 2032, at a CAGR of 5.9% over the forecast period (2024–2032).
The Forecast Period of Antibiotics Market is :
Infectious diseases are rapidly increasing, which is pushing the market upward. According to the Centres for Disease Control and Prevention, more than 31 million cases of flu were reported in the United States during the 2022–2023 flu season. Advanced products like innovative designs and growing partnerships to manufacture antibiotics are also projected to fuel further growth in the market over the forecast period. The COVID-19 pandemic also positively impacted the growth of the industry.
The research was done in order to evaluate the association of COVID-19 cases and immunization with international sales of antibiotics, according to the article in Elsevier Ltd. published on February 2023. Research states that the antibiotics were given to approximately 75% patients of COVID-19 which ultimately enhanced antimicrobial resistance. Every sale of cephalosporin, penicillin, macrolides, and tetracycline increased incrementally to pre-pandemic times till May 2022. More efforts into making high-value products are escalating market demand.
The Pew Charitable Trust reported that about forty-three compounds were in some stage of development as of December 2020 in the United States. Among them, fifteen were at the phase 1 clinical study stage, thirteen were in the phase 2 and phase 3 trial stages, and two were in FDA assessment. Among the lead candidates, about 19 of these lead candidates demonstrated activity against gram-negative Eskape pathogens. Additionally, 1 in 4 new medicines in the pipeline belong to new pharmacological classes. Major players are teaming up to share the costs of antibiotic development.
An agreement between GARDP and Mitsubishi Tanabe Pharma Corporation allows GARDP to screen over 50,000 compounds in the library at MTPC. According to an article published by the Global Antibiotic Research & Development Partnership (GARDP) Foundation in November 2022. Institute Pasteur Korea Optimised High Throughput Screen tests a selection of agents to identify new agents that exert antibacterial activity against antibiotic-resistant bacteria.". Such extreme bacterial disease, this agreement is going to assist GARDP in developing antibiotics and in the meanwhile guarantees sustainable supplies that are increasingly in-demand within the markets.
Key Findings:
Key Findings:
The market scope is segmented because of by Type, by Action Mechanism, by Drug Class.
Based on the Type of the market is segmented into Branded Antibiotics, Generic Antibiotics.
In 2023, the market share of the generic antibiotics market was the highest. The factors contributing to the leading position of this market include the low price of generic formulations, the huge number of manufacturers that gives a significant bargaining power to the consumer, and the conducive regulatory environment. Favourable government initiatives towards the encouragement of generic preparations and easy access to generic pharmaceuticals are also fuelling the growth of the segments.
The strong research pipeline, growing demand for new and innovative antibiotics, and growing attention from major players to fortify their product lines and distribution systems ensure a substantial compound annual growth rate for the branded antibiotics market during the forecast period of 2024-2030. For instance, in the U.S. Alembic Pharmaceuticals has received Food and Drug Administration approval of the Fesoterodine Fumarate Extended-Release pills in January 2023 in the dosages of 4 and 8 mg. Such factors are responsible for its increasing market demand.
Based on the Action Mechanism of the market is segmented into Cell Wall Synthesis Inhibitors, Protein Synthesis Inhibitors, DNA Synthesis Inhibitors, RNA Synthesis Inhibitors, Mycolic Acid Inhibitors, Others.
Cell wall synthesis inhibitors was the market leader in 2023. The cell wall synthesis inhibitors are mainly used as antibiotics because they have a broad spectrum of activity against both gram-positive and gram-negative bacteria. The drugs inhibit the production of the peptidoglycan layer, which is integral to the structural function of the cell wall. It includes cephalosporins, penicillin’s, carbapenems, and others. This segment is going to grow extensively over the course of the projection period due to increased government funding and research activities.
According to the U.S. FDA article, the Centre for Drug Evaluation and Research (CDER) approved 37 new drugs in 2022 as either novel molecular entities (NMEs) under New Drug Applications (NDAs) or new useful biological products under Biologics License Applications (BLAs). Due to an upsurge in R&D activities and product launches by industry players, the RNA synthesis inhibitors category is expected to witness a significant compound annual growth rate over the forecasting years. In addition, based on an article published by the Royal Society of Chemistry in 2022, the market for this category is also being driven by the two known and clinically approved families of natural compounds that inhibit RNAP: rifamycins and fidaxomycin.
By region, Insights into the markets in North America, Europe, Asia-Pacific, Latin America and MEA are provided by the study. North America dominated the market for global antibiotics due to well-established infrastructure, significant research and development activities, and prevalence of bacterial infection in the region. The regional companies are associated with major pharmaceuticals that focus on developing novel antibiotics, supported by government and regulatory bodies in their respective country. Some of the initiatives supporting the market in this region are antimicrobial stewardship programs and high healthcare expenditure. Advanced diagnostic tools, coupled with the growing awareness among healthcare professionals and patients regarding antibiotic resistance, support this region to lead the market. The United States is a significant contributor to this market growth, mainly because of its high focus on the fight against multidrug-resistant bacteria.
The antibiotics market is expected to develop at the quickest rate in the Asia-Pacific region. A growing population, increase in the incidence of infectious diseases, and the development of health infrastructure in developing countries like China and India are the main growth drivers. The high rates of bacterial illnesses, especially in rural and underdeveloped areas, are driving the need for antibiotics in the region. The market also expands at a faster pace due to the growth of healthcare spending, expansion of pharmaceutical production, and government programs for improving access to antibiotics. Thus, Asia-Pacific becomes the indispensable area for the further growth of the antibiotics market.
In July 2023, Orchid Pharma, a pharmaceutical firm based in India, entered into a technology transfer agreement with a biotechnology company for its fermentation based on the "7ACA" project in the production-linked incentive scheme
In April 2023, Baxter International Inc. launched ZOSYN in the U.S. (piperacillin and tazobactam) Injectio.
The report will cover the qualitative and quantitative data on the global Antibiotics Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
Study Period | 2024-32 |
Base Year | 2023 |
Estimated Forecast Year | 2024-32 |
Growth Rate | CAGR of 5.9% from 2024 to 2032 |
Segmentation | By Type, By Action Mechanism, By Drug Class, By Region |
Unit | USD Billion |
By Type |
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By Action Mechanism |
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By Drug Class |
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By Region |
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North America accounted for the highest xx% market share in terms of revenue in the Antibiotics market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of Antibiotics. The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key Antibiotics companies in economies such as Japan and China.
The objective of the report is to present comprehensive analysis of Global Antibiotics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
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Antibiotics Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends:
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20 Mar 2023