Antibiotics Drugs Market Size Estimated to Reach $65.3 Billion by 2027

March 08 01:59 2022
Antibiotics Drugs Market Size Estimated to Reach $65.3 Billion by 2027
Antibiotics Drugs Market | IndustryARC
Surging Applications of Fluoroquinolones Are Projected to Drive the Growth of the Antibiotics Drugs Market.

Antibiotics Drugs Market size is estimated to reach $65.3 billion by 2027, growing at a CAGR of 5.2% during the forecast period 2022-2027. Antibiotics Drugs, also termed antibacterials, are medicines that decimate or delay the development of bacteria. They involve a series of potent medications and are utilized to treat ailments brought about by bacteria. Fluoroquinolones antibiotics are endorsed to treat some bacterial contaminations and have been utilized for over 30 years. They perform by destroying or halting the development of bacteria that can bring about sickness. An example of an antibiotic utilized against parasites is metronidazole, typically branded under the term Flagyl. Cephalosporins are a massive class of antibiotics that belong to a class termed beta-lactams. These medications are utilized to treat bacterial contaminations inclusive of Ear infections. Pneumonia. Skin infections. Kidney infections and sexually transmitted infections like gonorrhea. Cell wall synthesis inhibitors involve antibiotics of class ?-lactams and Glycopeptides.

The soaring requirement for the development of medications and treatment for COVID-19 is set to drive the Antibiotics Drugs Market. The emerging predominance of bacterial contaminations requiring the application of fluoroquinolones antibiotics in conjunction with the requirement for efficient and novel antibiotics is set to propel the growth of the Antibiotics Drugs Market during the forecast period 2022-2027. This represents the Antibiotics Drugs Industry Outlook.

Antibiotics Drugs Market Segment Analysis – By Product Type:

The Antibiotics Drugs Market based on product type can be further segmented into Cephalosporins, Penicillins, Fluoroquinolones, Macrolides, Carbapenems, Aminoglycosides, Sulphonamides, and Others. The Cephalosporins Segment held the largest market share in 2021. This growth is owing to the establishment and introduction of more novel medications and combinations to treat an extensive series of bacterial infections. Fluoroquinolones are another type of antibiotic. The proliferating count of bacterial infections and the burden of ailments like Tuberculosis in developing and under-developed countries are further propelling the growth of the Cephalosporins segment.

Furthermore, the Carbapenems segment is estimated to grow with the fastest CAGR of 5.7% during the forecast period 2022-2027 owing to the proliferating application of carbapenems as empiric monotherapy in severe conditions like intra-abdominal infections and infections in neutropenic patients with investigations indicating that carbapenems were connected with a reduced mortality rate than fluoroquinolones.

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Antibiotics Drugs Market Segment Analysis – By Spectrum Of Activity:

The Antibiotics Drugs Market based on the spectrum of activity can be further segmented into Broad-Spectrum Antibiotics and Narrow-Spectrum Antibiotics. The Broad-Spectrum Antibiotic Segment held the largest market share in 2021. This growth is owing to the soaring application of broad-spectrum antibiotics against an extensive series of ailments which in turn supports the fight against antimicrobial resistance. Fluoroquinolones have broad-spectrum antimicrobial activity. The surging administration of broad-spectrum antibiotics empirically before the detection of the exact cause of illness is further propelling the growth of this segment.

Furthermore, the Broad-Spectrum Antibiotic segment is estimated to grow with the fastest CAGR of 6.1% during the forecast period 2022-2027 owing to the superior prognosis of broad-spectrum antibiotics which may include fluoroquinolones when compared to narrow-spectrum antibiotics when beginning the treatment prior to recognizing pathogens.

Antibiotics Drugs Market Segment Analysis – By Geography:

The Antibiotics Drugs Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. Asia-Pacific (Antibiotics Drugs Market) held the largest share with 33% of the overall market in 2021. The growth of this region is owing to the uncontrolled sales and surplus intake of antibiotics including fluoroquinolones in the region. Fluoroquinolones and cephalosporins are types of antibiotics. The soaring government initiatives to establish novel therapies to treat drug-resistant infections and the existence of the largest markets for antibiotics like India and China in the region are further driving the growth of the Antibiotics Drugs Market in the Asia-Pacific region.

Furthermore, the North American region is estimated to be the region with the fastest CAGR rate over the forecast period 2022-2027. This growth is owing to factors like the soaring acceptance of antibiotics like fluoroquinolones in the North American region. The proliferating adoption of development strategies in conjunction with the surging attention on the establishment of novel anti-infective drugs is further fueling the progress of the Antibiotics Drugs Market in the North American region.

Antibiotics Drugs Market Drivers

Surging Applications Of Fluoroquinolones Are Projected To Drive The Growth Of Antibiotics Drugs Market:

The fluoroquinolones are a family of broad-spectrum, integral antibacterial agents that have been used widely as therapy for respiratory and urinary tract infections. Fluoroquinolones are active against an extensive series of aerobic gram-positive and gram-negative organisms. Gram-positive coverage is inclusive of penicillinase- and non-penicillinase generating Staphylococci, Streptococcus pneumonia, and viridans, Enterococcus faecalis, Listeria monocytogenes, and Nocardia species. Gram-negative coverage is inclusive of Neisseria meningitides and gonorrhea, Haemophilus influenza, and most clinically significant Enterobacteriaceae species, Pseudomonas aeruginosa and Vibrio species. The fluoroquinolones are thought to act by inhibition of type II DNA topoisomerases (gyrases) that are needed for the synthesis of bacterial mRNAs (transcription) and DNA replication. They display little inhibition of human, host enzymes and have had a wonderful safety record. The fluoroquinolones are indicated for the treatment of numerous bacterial contaminations, inclusive of bacterial bronchitis, pneumonia, sinusitis, urinary tract infections, septicemia and intraabdominal contaminations, joint and bone contaminations, soft tissue and skin contaminations, typhoid fever, anthrax, bacterial gastroenteritis, urethral and gynecological contaminations, and pelvic inflammatory disease and numerous additional infectious conditions. The proliferating applications of fluoroquinolones are therefore fuelling the growth of the Antibiotics Drugs Market during the forecast period 2022-2027.

Heightening Applications Of Cephalosporins Are Expected To Boost The Demand Of Antibiotics Drugs Market:

Cephalosporins are a kind of antibiotic that is utilized to treat an assortment of bacterial infections, specifically for people who are allergic to penicillin, another typical antibiotic. Certain examples of infections that cephalosporins can treat involve skin or soft tissue infections, urinary tract infections (UTIs), strep throat, ear infections, pneumonia, sinus infections, meningitis, and gonorrhea. Oral cephalosporins are typically utilized for simple infections that are effortless to treat. For example, a regular case of strep throat might be treated with a course of oral cephalosporins. Intravenous (IV) cephalosporins are utilized for more serious infections owing to the capability of IV antibiotics to arrive at tissues more quickly, which can create a big difference if there is a severe infection, like meningitis. The heightening applications of cephalosporins are therefore driving the growth of the Antibiotics Drugs Market during the forecast period 2022-2027.

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Antibiotics Drugs Market Challenges

Limitations Of Antibiotic Drugs Are Hampering The Growth Of The Antibiotics Drugs Market:

Fluoroquinolones and Cephalosporins are types of antibiotic drugs. If antibiotics are consumed frequently, then the body can develop a resistance to antibiotic drugs, which could bring down the efficiency of antibiotics. The lengthier the course of treatment for an antibiotic, the greater the injury that can be done to the immune system of the body. Consuming antibiotics too frequently or for incorrect reasons can alter bacteria so much that antibiotics do not act against them. This is termed bacterial resistance or antibiotic resistance. Some bacteria are now resistant to even the most potent antibiotics accessible. These issues are thus hampering the growth of the Antibiotics Drugs Market.

Antibiotics Drugs Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Antibiotics Drugs Market. Antibiotics Drugs 10 top companies include:

Pfizer, Inc
Janssen Pharmaceuticals
Abbott laboratories
GlaxoSmithKline plc
Sanofi S.A.
Novartis AG
Bristol Myers Squibb Company
Eli Lilly & Company
Tetraphase Pharmaceuticals Inc
La Jolla Pharmaceuticals

Recent Developments

In November 2021, Abbott declared the introduction of a novel initiative planned to support the development of a more inclusive clinical trial ecosystem by way of novel approaches to training, education, and enhancing the clinical research infrastructure within the U.S. This endeavor builds on Abbott’s dedication to engaging populations who have historically been under-represented in medical research and will enhance health by boosting access to innovative treatment options accessible within the trials procedure and heightening insights around how distinct groups respond to novel therapies. People of distinct ethnic and cultural backgrounds makeup around 40% of the U.S. population and are disproportionately influenced by incessant conditions like cardiovascular disease and diabetes.

In October 2021, Sandoz, a Novartis division, has favorably finished the acquisition of GSK’s cephalosporin antibiotics business. By way of this transaction, Sandoz has gained rights to three developed brands (Zinnat, Zinacef, and Fortum)) in over 100 markets, further strengthening its chief global position in antibiotics. In 2020, the three brands had integrated sales of nearly USD 140 million in the appropriate markets.

In July 2021, Abbott pronounced that it has introduced the COVID-19 home test kit in India for the discovery of the SARS-CoV-2 virus in mature grown-ups and children with or without symptoms at a price of Rs 325 for a single test kit pack. The firm will convey millions of Panbio COVID-19 rapid antigen tests, accessible for self-application, to ease the burden on healthcare systems in urban and rural India, Abbott pronounced in a statement. In alignment with the present ICMR advisory on self-application, these tests will be made accessible to ramp up testing of symptomatic and asymptomatic individuals and contacts of verified coronavirus cases, it indicated.

Key Takeaways

Geographically, Asia-Pacific Antibiotics Drugs Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the soaring intake of antibiotics like fluoroquinolones antibiotics and the increasing predominance of infectious ailments in the Asia-Pacific region.

Antibiotics Drugs Market growth is being driven by the developments in generic drugs, the application of antibiotics against the parasites and the surging susceptible population of the elderly. However, certain issues connected with antibiotic resistance and long and monotonous regulatory processes are some of the major factors hampering the growth of the Antibiotics Drugs Market.

Antibiotics Drugs Market Detailed Analysis on the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Antibiotics Drugs Market report.

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