The Carbapenem-Based Antibiotics Global Market Report 2023, provides comprehensive information on the carbapenem-based antibiotics market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Carbapenem-Based Antibiotics Global Market Report 2023, the market size is expected to grow from $4.2 billion in 2022 to $4.43 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of carbapenem-based antibiotics market is expected to reach $5.37 billion in 2027 at a CAGR of 4.9%.
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Product Innovations are the key trend gaining popularity in the carbapenem-based antibiotics market. Major companies operating in the carbapenem-based antibiotics market are innovating products to sustain their position in the market. For instance, in September 2020, Shionogi, Inc., a Japan-based discovery-based pharmaceutical company, made an announcement regarding the approval by the U.S. Food and Drug Administration (FDA) of a supplemental New Drug Application (sNDA) for FETROJA (cefiderocol). This approval allows for the treatment of patients aged 18 years and older who have hospital-acquired bacterial pneumonia and ventilator-associated bacterial pneumonia (HABP/VABP). The indication applies specifically to cases caused by susceptible Gram-negative microorganisms.
The carbapenem-based antibiotics market is segmented:
1) By Type: Meropenem, Imipenem, Doripenem, Tebipenem, Other Types
2) By Indication: Intra-abdominal Infections, Urinary Tract Infections, Pneumonia, Bacterial Meningitis, Skin and Skin Structure Infections, Acute Pelvic Infections, Prophylaxis of Surgical Site Infection, Respiratory Tract Infections, Gynecological Infections, Other Indications
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
North America was the largest region in the carbapenem-based antibiotics market in 2022.
The table of contents in TBRC’s carbapenem-based antibiotics market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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