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Vancomycin Market

Vancomycin Market

Vancomycin Market Analysis by Type (Daptomycin, Linezolid, Quinupristin, Ampicillin), by Application (Sepsis, Lung Infection, Skin Soft Tissue Infection, Colitis & Intestinal Inflammation), by Region 0- Global Forecast 2021-2027

Vancomycin Market
FACT7293MR
  • Apr-2022
  • List of Tables : 25
  • List of Figures : 132
  • 170 Pages
  • Healthcare

Vancomycin Market Outlook (2021-2027)

The global vancomycin market is projected to increase from a valuation of US$ 313.7 Mn in 2020 to US$ 465.1 Mn by the end of 2027. Demand for vancomycin to expand at a CAGR of 5.8% during the forecast period. 

Report Attributes

Details

Vancomycin Market Size (2020)

US$ 313.7 Mn

Projected Year Value (2027)

US$ 465.1 Mn

Global Market Growth Rate (2021-2027)

5.8% CAGR

China Market Growth Rate (2021-2027)

9.4%

Key Companies Profiled

  • Alvogen
  • MGB Biopharma Limited
  • Oragenics
  • Aphios Corporation
  • Microbiotix

Demand for linezolid is set to increase at the highest CAGR over the forecast period with a broad spectrum of activity against many gram-positive bacteria.

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Revenue Analysis of Vancomycin from 2017-2020 Vs Market Outlook for 2021-2027

“Rising Prevalence of Infectious Diseases to Stimulate Industry Growth”

The global market for vancomycin was valued at US$ 313.7 Mn in 2020.

Vancomycin is a glycopeptide antibiotic that is used to treat certain infections caused by methicillin-resistant Staphylococcus aureus, such as skin infections, sepsis, endocarditis, bone & joint infections, and meningitis. Inflammatory medicines are usually administered as a first-line treatment, with doses adjusted according to the patient's blood concentration.

Blood levels can be examined to determine the correct dose. When taken through the parenteral route, it is also suggested as a treatment for severe clostridium difficile colitis. When taken by mouth, it is poorly absorbed. Adverse effects such as injection site pain and allergic reactions are prevalent. It's also probably safe to use when breastfeeding. It's a glycopeptide antibiotic that works by inhibiting cell walls from forming.

Vancomycin demand is predicted to grow due to rising prevalence of infectious diseases, increased awareness programs, and government financing for the research and development of new treatments. The market is predicted to expand at a 5.8% CAGR from 2021 to 2027.

Which Market Growth Trends are Driving Consumption of Vancomycin?

“Positive Mechanism of Vancomycin & Rising Investments in R&D Activities to Foster Market Expansion”

The bactericidal activity of vancomycin is mostly due to its reduction of cell-wall formation. It prevents N-acetylmuramic acid and N-acetylglucosamine peptide subunits from being incorporated into the peptidoglycan matrix, the most critical structural component of Gram-positive cell walls.

Vancomycin forms hydrogen bonds with D-alanyl-D-alanine moieties at the end of the peptide, preventing them from being integrated into the peptidoglycan matrix. It also has an impact on bacterial cell membrane permeability and RNA synthesis.

No cross-resistance occurs between vancomycin and other antibiotic medications. Vancomycin does not have any effect on gram-negative bacteria, mycobacteria, or even fungi in vitro.

The global vancomycin industry is growing as antibiotic consumption rises in low- and middle-income nations, with pharmaceutical companies investing heavily in research and development, besides the rising prevalence of infectious diseases.

Vancomycin market forecast by Fact.MR

What Might Restrain Demand for Vancomycin to Some Extent?

“Rising Use of Generic Alternatives & Certain Side Effects Hampering Market Value”

Two typical adverse drug reactions associated with IV vancomycin are severe local pain and thrombophlebitis (which affect about 1% of patients). Clinical experiments conducted in the mid-1950s revealed that early impure versions of vancomycin tablets caused kidney damage (nephrotoxicity) and hearing loss (ototoxicity). Nephrotoxicity was discovered to be a rare adverse effect in later investigations using purer forms of vancomycin (0.1% to 1% of patients).

Certain limitations, such as rising use of generic alternatives, particularly as patents expire, and short lifecycle of medications, are expected to hinder vancomycin market growth.

An Adaptive Approach to Modern-day Research Needs

Which Regional Vancomycin Market is Leading Revenue Generation?

“Rise in VRSA Infections to Boost Market Revenue in North America”

North America is expected to hold a significant share of the global vancomycin market because of rising vancomycin-resistant Staphylococcus aureus (VRSA) infections, increased R&D initiatives, and rising demand for new treatments.

The developed healthcare sector and increased consumer awareness about various treatments for infectious illnesses are driving market growth in North America.

Country-wise Insights

Why is the U.S. an Emerging Market for Vancomycin Suppliers?

“Rapid Deployment of Innovative Treatments Driving Market Expansion”

The U.S. vancomycin market was valued at US$ 84.5 Mn in 2020 and is anticipated to rise at the highest CAGR over the forecast period.

The United States is expected to provide lucrative revenue growth possibilities for vancomycin suppliers because of rising consumer healthcare spending and early acceptance of innovative and new treatments.

Existence of prominent manufacturers and advanced healthcare facilities are driving market growth in the U.S. The United States is projected to dominate the market owing to the growing usage of superior technical equipment and well-established healthcare infrastructure.

What is the Vancomycin Market Outlook for China?

“Government Initiatives for Infection Control to Fuel Market Growth”

The market in China is projected to reach a valuation of US$ 102.3 Mn by 2027, representing a 9.4% CAGR from 2021 to 2027.

China is expected to occupy a considerable share of the global vancomycin market due to rising population, greater healthcare awareness, and higher demand for early-phase identification.

Growing number of pharmaceutical manufacturers, government help for infection control, and widespread use of generic drugs are driving market expansion in the country.

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Category-wise Insights

Which Vancomycin Type Accounts for Highest Revenue Generation?

“Growing Usage of Linezolid for Infection Prevention”

Linezolid is a drug that is used to treat infections such as pneumonia and skin diseases. Linezolid belongs to the oxazolidinones class of antibacterials. It works by preventing bacteria from growing.

The linezolid segment is projected to occupy a significant share of the global vancomycin market due to growing usage of linezolid and its capacity to treat a variety of gram-positive bacterial infections. Moreover, improved disease diagnostic techniques, as well as increased research on combination medicines, will drive market demand.

Which Application Will Emerge as Key Market Contributor?

“Increasing Consumption of Sepsis Drugs & Treatments Driving Market Demand

According to the Centers for Disease Control and Prevention (CDC), there are roughly 1.7 million instances of sepsis each year. Furthermore, in the United States, this sort of illness kills nearly 270,000 people each year.

The body's severe response to an infection is known as sepsis. Sepsis occurs when an existing infection sets off a chain reaction throughout the body. Sepsis can quickly progress to tissue damage, organ failure, and death if not treated promptly.

Sepsis drugs and treatments are cost-effective and considered the first line of treatment, making the sepsis application segment the most profitable over the forecast period.

COVID-19 Impact on Vancomycin Consumption

The COVID-19 pandemic triggered an unprecedented global scenario, with healthcare at its core. The pandemic damaged several enterprises' value and supply chains, notably the vancomycin industry.

With rapid spread of the disease, several economies and sectors were disrupted, resulting in a recession as offices, factories, and markets closed. As a result, vancomycin demand and supply were suspended, resulting in a significant drop in the growth of extended-release antibiotics. Furthermore, the number of patients visiting hospitals and clinics decreased, resulting in a fall in treatment rates.

However, advances in medical research and the development of novel therapies and treatments to effectively treat a variety of health-related disorders have resulted in an increase in the demand for novel medications. With the reopening of economies and markets, extended vancomycin demand is projected to recover from the current downturn.

Competitive Landscape

Vancomycin is a competitive and moderately fragmented market. There are many players in the sector under scrutiny, including both, small and large pharmaceutical companies. Furthermore, a wave of early-stage biotech companies has entered the market in response to developing antibiotic resistance.

For instance :

  • In February 2022, Magnolia Medical Technologies, Inc., the producer of Steripath®, which is the only FDA 510(k)-complaint device platform for the reduction of blood culture contamination for sepsis testing1, revealed US$ 46 million of growth equity financing led by RTW Investments, LP ("RTW"), and Sectoral Asset Management.

Key Segments Covered in Vancomycin Industry Research

  • Vancomycin Market by Type :

    • Daptomycin
    • Linezolid
    • Quinupristin
    • Ampicillin
    • Chloramphenicol
    • Others
  • Vancomycin Market by Application :

    • Sepsis
    • Lung Infection
    • Skin Soft Tissue Infection
    • Colitis & Intestinal Inflammation
    • Other Infections
  • Vancomycin Market by Region :

    • North America Vancomycin Market
    • Europe Vancomycin Market
    • Asia Pacific Vancomycin Market
    • Latin America Vancomycin Market
    • MEA Vancomycin Market

- FAQs -

In 2021, the global vancomycin market stood at a valuation of US$ 331.5 Mn.
The China vancomycin market is anticipated to reach US$ 102.3 Mn by 2027.
Vancomycin sales are expected to reach US$ 465.1 Mn by 2027.
From 2021 to 2027, global consumption of vancomycin is predicted to rise at a CAGR of 5.8%.
Key suppliers of vancomycin are Alvogen, MGB Biopharma Limited, Oragenics, Aphios Corporation, and Microbiotix.
The market in Japan is expected to exhibit 3.1% CAGR, while Japan is set to experience a higher 4.6% CAGR, over the forecast period.

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