Antibacterial Drugs Market

Market Snapshot

According to Fact.MR’s recent study on the global antibacterial drugs market, the market is projected to expand at a CAGR of 2.6% over the forecast period (2021-2031), and reach a valuation of over US$ 62 Bn by 2031-end, and surpassing US$ 51 Bn by 2025. As of the next half-a-decade, the market is anticipated to register a CAGR of 1.5%. Demand for β-lactams will be the highest, clocking a CAGR of 2% through 2031.

Points Covered in Antibacterial Drugs Industry Survey

• Market Estimates and Forecasts (2016-2031)
• Key Drivers and Restraints Shaping Market Growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand Share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• Assessment by Product Grade / Purity / Formulation Standards
• Assessment of Import Price, Bulk Price, Contractual Price, Producer / Distributor Price
• Certifications and Compliance Requirements
• COVID-19 Impact on the Antibacterial Drugs Industry and How to Navigate
• Recommendation on Key Winning Strategies

Consumption Analysis of Antibacterial Drugs 2016-2020 Vs Outlook 2021-2031

As per Fact.MR – a market research and competitive intelligence provider, during the historic period of 2016 to 2020, the market for antibacterial drugs registered sluggish growth, expanding at around 1% CAGR. Ongoing research to develop powerful formulation owing to rising antibiotic resistance has led to the launch of a limited number of drugs into the market.

Growth prospects took a backseat amidst the COVID-19 pandemic, as healthcare providers redirected funding and research towards developing anti-COVID vaccinations and drugs. Although several nations have inoculated their population, an oral drug is expected to take a significant amount of time to be introduced, which may cause a slowdown in the scope for formulating antibacterials.

Considering these factors, Fact.MR projects the global market for antibacterial drugs to expand at a CAGR of 2.6% across the forecast period 2021-2031. As per the report, the industry is poised to reach US$ 62 Bn by the end of the aforementioned period. 

How will R&D Activities Drive Market Growth of Antibacterial Drugs?

All the developed and emerging economies are conducting various research and development activities for the new anti-bacterial drug development. Governments have been regulating the testing of the efficacy and safety of the newly developed antibacterial drugs. 

For instance, Clinical Trials Transformative Initiative (CTTI) has created approaches for streamlining antibacterial drug development that will help in designing clinical trials that better assess the efficacy and safety of new antibacterial drugs and inform clinical trial planning, recruitment, enrollment, and feasibility. 

Are E-Pharmacies Propelling the Market for Antibacterial Drugs?

The market for antibacterial drugs is witnessing substantial growth, with a relatively slim drug pipeline further dampening market prospects. However, conscientious efforts taken by the governments of numerous countries, especially in Europe and North America, are projected to lead to an upsurge in the development of branded drugs.

For instance, in February 2021, the U.S. Food and Drug Administration announced the creation of the Center of Drug Evaluation and Research (CDER) Antibacterial Drug Development Task Force to support the development of new antibacterial drugs. 

Also, e-pharmacies will be a full-fledged distribution channel in the future, which will enable next-day/same-day delivery, and help validate the credibility of prescriptions. An estimated 1 in 10 medical products circulating in low- and middle-income countries is either substandard or falsified, according to new research from World Health Organization.

E-Pharmacies ensure a genuine drug supply, sourcing it directly from manufacturers and licensed resellers. E-retailers conform to government regulations, which further increases the reliance of patients on e-pharmacies.  Given the rise of this new revenue stream, the market will register a healthy growth rate.

Country-Wise Analysis

Why is North America a Lucrative Market for Antibacterial Drugs?

North America is projected to dominate the global market during the forecast period owing to a highly structured health care industry, increasing prevalence of infectious diseases, and introduction of novel products in the region. 

Furthermore, regional incidence of antimicrobial resistant infections are surging manifold. The Centers for Disease Control and Prevention estimates that at least 2.8 million people contract an antibiotic-resistant infection, with more than 35,000 fatalities each year.

Consequently, healthcare providers are working ceaselessly to develop advanced formulations. As of 2020, the Infectious Diseases Society of America (IDSA) has been working on the 10 x 20 initiative, seeking a global commitment to create an antibiotic R&D enterprise to produce 10 new systematic antibiotics by the end of that year. The region will likely account for 33% market demand.

How is Asia Projected to Perform in the Market for Antibacterial Drugs?

Fact.MR forecasts the Asian market for antibacterial drugs to exhibit the dominant market share, accounting for 50% of total revenue. Factors such as increasing patient population, initiatives by the developing economies in the healthcare sector, rising geriatric population, and growing incidence of infectious diseases are spurring adoption in the region.

Japan holds significant opportunities for the market players, on the back of a large patient pool that includes the geriatric population, coupled with a well-established distribution network. Besides this, given the technological advancements in Japan, e-pharmacies will remain an integral sales channel in the future. Numerous companies such as Aspen Pharma Holdings, Sun Pharmaceuticals, and Lupin continue to invest in Japan to cash in on the profitable opportunities available in this market. 

What are the Growth Prospects across Europe?

Demand for novel and effective drugs, on account of progressive acceptance of the out-of-pocket payment model, is projected to draw high sales possibilities. The low cost of generic drugs will continue to fuel market growth in the region during the forecast period.

In 2020, the European Commission announced a Pharmaceutical Strategy for Europe which offers a unique opportunity to deliver a policy that provides EU citizens with medicines that bring additional therapeutic benefits at a price they are able to pay.

Europe’s pharmaceutical sector contributes majorly to the EU economy in terms of creation of highly skilled jobs and innovation. In addition to this, digitalization and innovation are opening new possibilities. Fact.MR expects the European market to capture around 35% of the revenue.

Category-wise Insights

Which Drug Class is projected to Witness the Highest Demand?

There has been a marked uptake in the sales of β-lactam, as these are indicated for the prevention and treatment of bacterial infections. Continuous progression in the development of effective β-lactam is deemed as a primary growth indicator of this drug class.

For example, initially, β-lactam drugs were active only against gram-positive bacteria. However, in recent times, these are showing resistance against gram-negative organisms as well, which is expected to further drive their popularity. The segment is poised to register a CAGR of over 2% until 2031.

How are Retail Pharmacies Creating Opportunities?

The retail pharmacies and drug stores segment is anticipated to grow significantly during the forecast period owing to the increasing number of retail drugs stores, and the availability of antibacterial drugs through retail pharmacies and drugs stores.

Currently, e-pharmacies witness challenges, such as non-compliance of e-retailers with government regulations, concerns regarding the credibility of prescription, drug counterfeiting, and delay in shipping. However, in the future, this distribution channel will remain integral in driving sales from overseas markets. The segment is expected to account for over 40% revenue.

Competitive Landscape  

Competition in the global market for antibacterial drugs is expected to rise, with players focusing on gaining competitive advantage and increasing their market foothold. Manufacturers can seek partnerships with government organizations to gain financial support for the development of drugs, and, in turn, position themselves as distinguished players in the global market.

• In September 2021, Myovant Sciences and Pfizer Inc. announced that the U.S. Food and Drug Administration (FDA) accepted for review a supplemental New Drug Application (sNDA) for MYFEMBREE® (relugolix 40 mg, estradiol 1 mg, and norethindrone acetate 0.5 mg) for the management of moderate to severe pain associated with endometriosis.

• In July 2021, AstraZeneca announced that it has entered into a collaboration with Regeneron to research, develop and commercialize small molecule compounds directed against the GPR75 target with the potential to treat obesity and related co-morbidities.

Report Scope 

Key Segments Covered

• Drug Class

  • β-lactam Antibacterial Drugs
  • Quinolone Antibacterial Drugs
  • Macrolide Antibacterial Drugs
  • Tetracycline Antibacterial Drugs
  • Aminoglycoside Antibacterial Drugs
  • Sulfonamide Antibacterial Drugs
  • Phenicols Antibacterial Drugs
  • Other Antibacterial Drugs

• Route of Administration

  • Enteral Antibacterial Drug Administration
  • Parenteral Antibacterial Drug Administration
  • Other Antibacterial Drug Administration Routes (Inhalation, Topical, etc.)

• Distribution Channel

  • Antibacterial Drug Sales via Hospital Pharmacies
  • Antibacterial Drug Sales via Drug Stores and Retail Pharmacies
  • Online Antibacterial Drug Sales 

Antibacterial Drugs Market- Scope of Report

A recent study by Fact.MR on the antibacterial drugs market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering antibacterial drugs.

The study also provides the dynamics responsible for influencing the future status of the antibacterial drugs market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the antibacterial drugs market, along with their product portfolios, enhances the reliability of this comprehensive research study.

Report Summary

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of antibacterial drugs across the globe.

A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of antibacterial drugs during the forecast period. Price point comparison by region with global average price is also considered in the study.

Key Questions Answered in Report

• Which are the most lucrative antibacterial drugs markets?
• Which factors will impact the growth of antibacterial drugs?
• How will changing trends impact the strategies of market players?
• How can market players capture the low-hanging opportunities across regions?
• Which companies are leading the antibacterial drugs industry?
• What are the winning strategies of stakeholders in the market?

Analysis on Market Size Evaluation

The market has been analyzed for each segment in terms of volume (‘000 Units) and value (US$ Mn).

Estimates at global and regional levels for antibacterial drugs are available in terms of “US$ Mn” for value and in “‘000 Units” for volume.  A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report.

Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global antibacterial drugs market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the antibacterial drugs market during the forecast period.

Country-specific valuation on demand for antibacterial drugs has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

In-depth Analysis on Competition Analysis

The report sheds light on leading manufacturers of antibacterial drugs, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering antibacterial drugs has been brought with the help of a detailed dashboard view.

Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses. Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the antibacterial drugs domain. 

Research Methodology

In Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the antibacterial drugs industry, and reach conclusions on the future growth parameters. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the drawn conclusions.

Secondary resources referred to by analysts during the preparation of the market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of the research report as a primary resource.