Antibiotics Market
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Antibiotics Market size was valued at USD 45.6 billion in 2023 and is estimated to expand at 3.3% CAGR from 2024 to 2032. The global market is experiencing dynamic growth driven by factors such as the growing aging population and the continual development of novel antibiotic formulations.
Also, rising incidence of infectious diseases is driving an increased demand for antibiotics in the market. For instance, a Lancet eClinical medicine report highlighted an elevation in the antibiotic prescriptions for 75% of COVID-19 patients, with sales of crucial antibiotics surging between May 2020 and May 2022. Thus, with rising infections, the demand for potent antimicrobial treatments surged, thereby significantly impacting the market expansion.
Antibiotics are a class of antimicrobial drugs designed to inhibit the growth or destroy bacteria, alleviating bacterial infections. Antibiotics interfere with the vital process essential for bacterial survival, either by disrupting the cell wall synthesis, protein production, or DNA replication. Antibiotics are prescribed to treat bacterial infections ranging from respiratory tract infections, urinary tract infections (UTI) to skin infection as well as sexually transmitted diseases (STDs).
Report Attribute | Details |
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Base Year: | 2023 |
Antibiotics Market size in 2023: | USD 45.6 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2023 - 2032 CAGR: | 3.3 |
2023 Value Projection: | USD 60.9 Billion |
Historical Data for: | 2018 – 2023 |
No of Pages: | 210 |
Tables, Charts & Figures: | 432 |
Segments Covered: | Drug Class, Type, Spectrum, Drug Origin, Route of Administration, Application, Distribution Channel, and Region |
Growth Drivers: |
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Pitfalls Challenges: |
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Based on the drug class, the market is classified into penicillins, cephalosporins, macrolides, quinolones, aminoglycosides, tetracyclines, and other drug classes. The cephalosporins segment dominated the market with revenue of USD 14.1 billion in 2023.
Based on type, the antibiotics market is classified into branded and generics. The branded segment held the highest market share of 55.3% in 2023.
Based on spectrum, the antibiotics market is classified into broad-spectrum antibiotics and narrow-spectrum antibiotics. The broad-spectrum antibiotics segment is expected hold the highest revenue throughout the forecast period 2032.
Based on drug origin, the antibiotics market is classified into natural, semisynthetic, and synthetics. The natural segment accounted for USD 23.5 billion in 2023.
Based on applications, the antibiotics market is categorized into respiratory infections, UTI, skin and soft tissue infections, sexually transmitted infections (STIs), gastrointestinal infections, and other applications. The UTI application is expected to lead the market, projecting the highest revenue of USD 23.3 billion by 2032.
Based on route of administration, the antibiotics market is classified into oral, parenteral, and other routes of administration. In 2023, the parenteral route leads the market anticipating its growth during the analysis period with a CAGR of 3.2%
Based on distribution channel, the antibiotics market is classified into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment is anticipated to secure the largest business share in 2023 and is anticipated to show similar trend during the analysis period.
In 2023, North America secured a substantial business share in the antibiotics market and is expected to dominate throughout the forecast period.
The competitive landscape of the market is characterized by the presence of established pharmaceutical companies vying for market share. Key players are engaging in strategic initiatives such as mergers, acquisitions, and partnerships to strengthen their product portfolios. The companies are actively adopting a multi-pronged approaches to address the rising demand for effective antibiotics.
Prominent players operating in the antibiotics industry are as mentioned below:
Market, By Drug Class
Market, By Type
Market, By Spectrum
Market, By Drug Origin
Market, By Route of Administration
Market, By Application
Market, By Distribution Channel
The above information is provided for the following regions and countries:
Abbott Laboratories, AbbVie, Inc., Allergan plc, Basilea Pharmaceutica Ltd., Bayer AG, Bristol Myers Squibb, Cipla Inc., Daiichi Sankyo Company Ltd., Eli Lilly & Co., GlaxoSmithKline plc., Johnson & Johnson, Lupin Inc., Melinta Therapeutics LLC, Merck & Co., Novartis AG, Pfizer Inc., Sandoz, Sanofi, Teva Pharmaceutical Industries Ltd., and Viatris Inc.
North America antibiotics market is expected to record strong CAGR throughout 2024 and 2032 due to the high incidence of infectious diseases such as pneumonia and TB.
The global antibiotics industry was valued at USD 45.6 billion in 2023 and is expected to reach USD 60.9 billion by 2032 growing at a CAGR of 3.3% over the analysis period driven by the growing aging population and the continual development of novel antibiotic formulations.
The UTI application is expected to lead the market, projecting the revenue of USD 23.3 billion by 2032, owing to the high incidence of UTIs, particularly among women, that propels the need for antibiotics such as ciprofloxacin and trimethoprim-sulfamethoxazole, crucial in managing these infections.