The global carbapenem market was valued at USD 3.90 billion in 2021 and is expected to grow at a CAGR of 4.5% during the forecast period. A group of extremely powerful antibiotics known as carbapenems is frequently suggested for treating serious or dangerous bacterial infections. Carbapenems are extremely important in treating infectious disorders because of their antibacterial capabilities.
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The rise in infectious disorders such as urinary tract infections (UTIs), intra-abdominal infections, and bacterial meningitis, as well as the growing popularity of generic product firms, are the main drivers of the carbapenem market.
The community's extensive infections with these organisms are probably going to cause a sharp rise in the usage of empiric carbapenem. In clinical studies, more recent oral carbapenems such as tebipenem have also demonstrated efficacy against the cUTI. Tebipenem further benefits from being helpful in lower cUTIs. Additionally, it lowers the likelihood of problems and hospitalization expenses, giving carbapenems an edge over other antibiotic groups.
The pharmaceutical sector underwent a radical transformation because of technological advancements, which improved treatments. To create new antibiotics, the pharmaceutical sector has combined cognitive technologies such as deep learning, machine learning, and artificial intelligence (AI). Tools and platforms for finding novel antibiotics are currently being developed by researchers. The total antibiotics industry is projected to shift due to the cutting-edge technology found in recent antibiotic discoveries. As a result of ongoing medication development, creating antibiotics for gram-negative bacteria is difficult.
The COVID-19 pandemic outbreak has brought about a number of unexpected changes in the world economy, and its repercussions have been felt across all industries. The COVID-19 pandemic is expected to have a negative impact on the worldwide carbapenem market. Post-COVID-19 era, considering the full economic impact of this health catastrophe. At the same time, the sector for intravenous injections changed throughout this prediction period.
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Growth Drivers
Generic medicine producers now have more possibilities to join the market with their affordable medications because of the patent expiration of carbapenem-based antibiotics. The goal of generic medicine manufacturers is to expand the market for their products.
Furthermore, one of the main factors boosting the market's expansion is the lack of antibiotics to treat bacterial illnesses. Generic carbapenem-based antibiotics are now more widely available in a number of low- and middle-income nations because of increasing manufacture.
Additionally, the market's expanding generic competitors are hastening the development of generic medications. Active pharmaceutical ingredients (API), which are needed to make generic carbapenem-based antibiotics, are being developed by several Asian businesses.
Companies are speeding up the development of generic drugs, fueling the expansion of the worldwide market for carbapenem-based antibiotics.
The market is primarily segmented based on product type, sales channel, and region.
By Product Type |
By Sales Channel |
By Region |
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The market for antibiotics based on carbapenem is divided into categories for meropenem, doripenem, imipenem, tebipenem, and others. In 2021, the others sector accounted for the biggest market share. Drugs from the carbapenem family, including Ertapenem, Vabomere, and Sulopenem (awaiting FDA clearance), are included in the "others" column. The medicines are used to treat a variety of gramme negative bacterial infections. Treatment with carbapenem-based antibiotics is effective against many infections, including cUTIs, bronchopulmonary infections, complex intra-abdominal infections, acute pelvic infections, lower respiratory tract infections, gynecologic infections, and pseudomonas infections.
Due to ongoing advancements in the pharmaceutical sector, an increase in the prevalence of bacterial illnesses, and an increase in the number of regulatory approvals for medications, the segment is anticipated to contribute considerably to the growth of the market for carbapenem-based antibiotics.
Retail pharmacies, internet pharmacies, and hospital pharmacies make up the market segments for antibiotics based on carbapenem. The market for carbapenem-based antibiotics was dominated by the hospital pharmacies sector in 2021, and it is predicted that this segment would see the greatest CAGR during the forecast period.
During the predicted period, Asia Pacific is also expected to have high growth momentum. Numerous causes, including the rising elderly population, limited access to healthcare services, and dense urbanization, might be blamed for this development. The high prevalence of community-acquired pneumonia in the Asia-Pacific area has become a financial burden.
Additionally, companies that produce generic carbapenem medications are also growing their product lines. Because of its expanding patient base, better economic climate, and increased disposable income, Asia Pacific is predicted to have the largest proportion of the market. Due to the large population, market players' increased focus on creating novel vaccines and products at reasonable prices, and the high penetration of market players producing generic drugs and exporting them globally, the market size for carbapenem-based antibiotics in India and China is predicted to increase quickly.
The worldwide market share is dominated by North America, which is anticipated to maintain a solid position over the next few years. Due to the growing use of carbapenem-based antibiotics, a high prevalence of antibiotic prescriptions, and developments in research and development that have resulted in the discovery and introduction of new medications, the region is predicted to continue to expand in the future.
Some of the major players operating in the global market include Spero Therapeutics, Inc., Savior Lifetec Corporation, Meiji Seika Pharma Co., Ltd., Merck & Co., Inc., Gland Pharma Ltd. (Fosun Pharmaceutical Co., Ltd.), Aurobindo Pharma Ltd., Daewoong Pharmaceutical Co., Ltd., Iterum Therapeutics plc, ACS Dobfar S.p.A.
Report Attributes |
Details |
Market size value in 2022 |
USD 4.04 billion |
Revenue forecast in 2030 |
USD 5.7 billion |
CAGR |
4.5% from 2022 - 2030 |
Base year |
2021 |
Historical data |
2019 - 2021 |
Forecast period |
2022 - 2030 |
Quantitative units |
Revenue in USD billion and CAGR from 2022 to 2030 |
Segments Covered |
By Product Type, By Sales Channel, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Key Companies |
Spero Therapeutics, Inc., Savior Lifetec Corporation, Meiji Seika Pharma Co., Ltd., Merck & Co., Inc., Gland Pharma Ltd. (Fosun Pharmaceutical Co., Ltd.), Aurobindo Pharma Ltd., Daewoong Pharmaceutical Co., Ltd., Iterum Therapeutics plc, ACS Dobfar S.P.A. |