The global antibiotic drugs market was valued at USD 43.6 billion in 2022 and is expected to reach USD 64.9 billion by 2033. The sales of antibiotic drugs are set to gain traction over the forecast years with a CAGR of around 3.7%.
Attributes | Key Statistics |
---|---|
Market Value (2022) | USD 43.6 billion |
Market Value (2023) | USD 45.0 billion |
Market Value (2033) | USD 64.9 billion |
Estimated Growth (2023 to 2033) | 3.7 % CAGR |
Share of Top 5 Countries | 66.2% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Emergence of Infectious Diseases
Expansion in Product Portfolio
The antibiotic drugs market exhibited a CAGR of 2.9% between 2017 and 2022. In 2022, the global market for anti-infective medicines accounted for around USD 76.7 billion, of which antibiotics have a share of USD 43.6 billion.
Attributes | Key Statistics |
---|---|
Market Value (2021) | USD 42.3 billion |
Estimated Growth (2017 to 2022) | 2.90 % CAGR |
The rising antibiotic treatment for bacterial infections to prevent them from spreading has spurred the global demand for antibiotics. In India, the percentage of single antibiotics consumption is around 4.1 billion, according to the National Library of Medicine. The WHO report on antibiotic usage surveillance, published in 2018, examined data from 65 countries. As determined by daily dosages per 1,000 inhabitants with a rate of 64.4, Mongolia had the most prominent consumption. At 4.4, Burundi received the lowest score. The most popular antibiotics consumed were amoxicillin and amoxicillin/clavulanic acid.
New entity development is more time- and money-consuming; it can take a substantial financial burden and several years to complete. Therefore, it is anticipated that the market for antibiotics can be hampered by the high cost of medication research and the rigorous regulatory approval process.
Adverse effects might result from inadequate knowledge of antibiotic administration and the indiscriminate use of antibiotics for minor infections. As a result, it is anticipated that the growing demand for antibiotics will be hampered by the increased side effects brought on by the emergence of resistance and other adverse side effects. For instance, taking a quinolone antibiotic and a systemic corticosteroid may cause tendon injury.
Antibiotic-resistant microorganisms have emerged due to improper antibiotic use and misuse. Antibiotics' potential danger goes beyond the development of antimicrobial resistance, and excessive use of them is linked to adverse consequences on patients, which are particularly obvious in critically ill patients in intensive care units.
Antibiotics are frequently administered to treat illnesses or symptoms that don't react to them or are likely to go away on their own. Additionally, inappropriate or inadequate antibiotics are administered for some bacterial illnesses. Therefore, these factors contribute to the restraint of the growth of the antibiotic drugs market.
Top Countries | CAGR |
---|---|
United States | 12.1% |
China | 8.2% |
India | 6.1% |
United Kingdom | 4.3% |
Germany | 3.1% |
The United States is dominating the antibiotic drugs market with a share of 12.1%. The market was valued at USD 5.1 billion in 2022.
The American healthcare system is renowned for its high costs and sophisticated infrastructure. The United States government and regulatory authorities are implementing a variety of cost-effective healthcare schemes to curb catheter-associated UTIs and other infectious diseases. Furthermore, there is a growing need for antibiotics as a result of the increased occurrence of ventilator-associated infections.
According to the Centers for Disease Control and Prevention (CDC), more than 2.8 billion antimicrobial-resistant illnesses occur in the United States each year, resulting in more than 35,000 deaths. The United States government is undertaking several preventative and infection control strategies to reduce the number of illnesses and fatalities caused by antibiotic-resistant bacteria. The United States market for antibiotics is now experiencing significant growth opportunities.
China is an emerging antibiotic drug market with a market share of 8.2%, with a valuation of USD 3.4 billion in 2022.
The pharmaceutical market in China is the second-leading in the world and is further expanding rapidly. China's OTC pharmaceutical business is still enticing, with a sizable market share. According to OEC (Observatory of Economic Complexity), China was the world's top supplier of antibiotics in 2020, with shipments amounting to USD 3.98 billion.
The healthcare industry in China has expanded significantly, allowing it to transition from a base for the production of pharmaceuticals to a vital research and development center. As a result, China has strengthened its position as a strategic player in the global pharmaceutical industry, acting as a foundation for increasing research and development while also functioning as a consumer nation. With all these factors combined, the market of antibiotic drugs in China is one of the emerging and lucrative markets.
India is an emerging market and accounted for a market share of more than 6.1% in 2022.
In recent years, small and leading biopharmaceutical businesses in India have relied on the contract research organization (CRO) industry to supply research services to their R&D operations. However, as the majority of medicines in the pipeline are predicted to reach the end stage and be commercialized by the end of the decade, it is anticipated that the need for antibiotics will rise.
Due to the existence of multiple government-funded medical and pharmaceutical institutions with state-of-the-art equipment, clinical trials and research are now a significant industry in India. For multi-centered clinical studies, these facilities are appropriate. These factors are making India one of the new emerging antibiotic drug markets.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Penicillin-based products dominate the market for antibiotics worldwide. The penicillin antibiotics segment is anticipated to rule the worldwide antibiotics market throughout the forecast period.
Top Product Type | Penicillins |
---|---|
CAGR | 3.6% |
The acceptance of penicillin as a first-line antibiotic therapy and the rising demand for antibiotics to treat various bacterial infections are expected to increase the need for penicillin globally.
People typically contract an infection by contacting infected individuals, eating or drinking contaminated food or water (sometimes called food poisoning), or handling contaminated objects like cutlery, taps, toys, etc.
Top Indication | Gastrointestinal Infections |
---|---|
CAGR | 3.5% |
This results in an increased prevalence of gastrointestinal infection or gastroenteritis. Hence, it had a market share of 26.0% in 2022.
The parenteral route of drug administration occupied 68.6% of global market share in 2022. Intravenous (IV), intramuscular (IM), and subcutaneous parenteral methods are the most significant and often utilized parenteral routes (SC).
Top Route of Administration | Parenteral |
---|---|
CAGR | 3.5% |
For medications with limited GIT absorption and medicines like insulin that are unstable in the GIT, the parenteral route of drug administration is the preferred method.
To expand their product offerings and boost the competitiveness of their companies, the key market participants focus on introducing several effective medications and winning regulatory body clearance. Additionally, businesses are increasingly focusing on expanding their business globally by setting up new labs and facilities to enhance their market presence.
Recent Development
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2017 to 2022 |
Market Analysis | USD million for Value |
Key Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania; the Middle East & Africa |
Key Countries Covered | United States, Canada, Brazil, Mexico, Argentina, Germany, United Kingdom, France, Italy, Spain, Russia, BENELUX, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Australia, New Zealand, South Africa, North Africa, and GCC Countries. |
Key Segments Covered | Drug Class, Indication, Route of Administration, Distribution Channel, and Region |
Key Companies Profiled | Abbott Laboratories; AbbVie; F. Hoffmann-La Roche Ltd.; GlaxoSmithKline plc; Merck & Co. Inc.; Mylan N.V.; Novartis International AG (Sandoz); Sanofi; Teva Pharmaceutical Industries Ltd.; Melinta Therapeutics; Pfizer Inc; Basilea Pharmaceutica Ltd.; Tetraphase Pharmaceuticals; Paratek Pharmaceuticals, Inc.; Nabriva Therapeutics plc; Spero Therapeutics |
Report Coverage | Market Forecast, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The global market is likely to be worth USD 45 billion in 2023.
The market is expected to reach USD 64.9 billion by 2033.
North America holds 23.9% of the global market in 2022, with the United States being the leading contributor.
China's market is offering lucrative growth, with a market share of 8.2% in 2022.
The United States, China, India, the United Kingdom, and Germany are the top 5 countries.
From 2017 to 2022, the market for antibiotic drugs expanded at the rate of 2.9%.
Pfizer, Sanofi SA, AbbVie Inc. (Allergan plc), Teva Pharmaceuticals, GlaxoSmithKline plc, Novartis AG, Abbott Laboratories, etc.
1. Executive Summary 2. Market Overview 3. Brand Mapping Analysis 4. Distribution Channel Wise Key Brand Positioning 5. Consumer Buying Behavior Analysis 6. Key Market Trends 7. Key Success Factors 8. Market Background 9. Global Market Demand (in Value or Size in USD Million) Analysis 2017 to 2022 and Forecast, 2023 to 2033 10. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, by Drug Class 10.1. Penicillins 10.2. Fluoroquinolones 10.3. Cephalosporins 10.4. Macrolides 10.5. Others 11. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, by Indication 11.1. Dermatological Infections 11.2. Respiratory Infections 11.3. Urinary Tract Infections 11.4. Ear Infections 11.5. Gastrointestinal Infections 11.6. Others 12. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, by Route of Administration 12.1. Oral 12.2. Parenteral 13. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, by Distribution Channel 13.1. Retail Pharmacies 13.2. Hospital Pharmacies 13.3. Online Pharmacies 14. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, by Region 14.1. North America 14.2. Latin America 14.3. Europe 14.4. East Asia 14.5. South Asia 14.6. Oceania 14.7. Middle East and Africa (MEA) 15. North America Market Analysis 2017 to 2022 and Forecast 2023 to 2033 16. Latin America Market Analysis 2017 to 2022 and Forecast 2023 to 2033 17. Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033 18. East Asia Market Analysis 2017 to 2022 and Forecast 2023 to 2033 19. South Asia Market Analysis 2017 to 2022 and Forecast 2023 to 2033 20. Oceania Market 2017 to 2022 and Forecast 2023 to 2033 21. Middle East and Africa (MEA) Market Analysis 2017 to 2022 and Forecast 2023 to 2033 22. Market Structure Analysis 23. Competition Analysis 23.1. Abbott Laboratories 23.2. Allergan Plc 23.3. F. Hoffmann-La Roche Ltd. 23.4. GlaxoSmithKline plc 23.5. Merck & Co. Inc. 23.6. Mylan N.V. 23.7. Novartis International AG (Sandoz) 23.8. Pfizer Inc. 23.9. Sanofi 23.10. Teva Pharmaceutical Industries Ltd. 23.11. Melinta Therapeutics 23.12. Basilea Pharmaceutica Ltd. 23.13. Tetraphase Pharmaceuticals 23.14. Paratek Pharmaceuticals, Inc. 23.15. Nabriva Therapeutics plc 23.16. Spero Therapeutics 24. Assumptions and Acronyms Used 25. Research Methodology
Healthcare
June 2023
REP-GB-13025
273 pages
Explore Healthcare Insights
View Reports