Home Healthcare IT Antibiotics Market Size, Share and Forecast to 2031

Antibiotics Market

Antibiotics Market Size, Share & Trends Analysis Report By Drug Class (Cephalosporin, Penicillin, Fluoroquinolone, Macrolides, Carbapenem, Aminoglycosides, Sulfonamides, Other), By Spectrum of Activity (Broad-spectrum Antibiotic, Narrow-spectrum Antibiotic) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Report Code: SRHI906DR
Study Period 2019-2031 CAGR 4.1%
Historical Period 2019-2021 Forecast Period 2023-2031
Base Year 2022 Base Year Market Size USD 43.56 Billion
Forecast Year 2031 Forecast Year Market Size USD 62.54 Billion
Largest Market North America Fastest Growing Market Asia-Pacific
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Market Overview

The Antibiotics Market was valued at USD 43.56 billion in 2022. It is projected to reach USD 62.54 billion by 2031, growing at a CAGR of 4.1% during the forecast period (2023–2031).

Antibiotics work against both bacterial and protozoan infections because they are antimicrobial agents. In addition to treating strep throat, they are also effective against infections of the urinary tract, sinuses, lungs, skin, ears, and elsewhere. Antibiotics can be categorized in several ways, the most common of which is according to their chemical structures, activity spectra, and mechanisms of action. Antibiotics belonging to the beta-lactam and beta-lactamase inhibitor classes are in high demand right now among medical professionals. In addition, the prescription patterns for treating bacterial infections are anticipated to shift towards novel therapies due to an increase in antibiotic resistance infections caused by the misuse or overuse of antibiotics.

Market Dynamics

What are the Primary Factors driving the Market for Antibiotics?

Increasing Public-Private Partnerships

Strategic plans for cooperative development are now widely used by market participants as a means to share costs. As a result, more molecules should be developed for the antibiotics market. Public-private partnerships can encourage new pipeline products, where public bodies promote funding and novel R&D strategies to antibiotic manufacturers. Antibiotic resistance is on the rise, especially in the case of bacterial infections, rendering the antibiotic or its class ineffective and severely impacting the expansion of the market. Researchers predict that resistance will rise during the forecast period, though the rate may vary by region, patient demographics, and other factors.

What are the Main Factors that will slow down the Market for Antibiotics?

Surging Antimicrobial Resistance

Antimicrobial resistance (AMR) has increased due to the extensive and continuous use of multiple antibacterial drugs, especially broad-spectrum antibiotics. The leading causes of drug-resistant pathogens are the improper and excessive use of antimicrobials. More than 2.8 million antibiotic-resistant infections occur annually in the United States, according to a report by the Centers for Disease Control and Prevention (CDC). Furthermore, AMR accounts for around 33,000 fatalities annually and costs the healthcare systems of EU/EEA countries around USD 1.1 billion. Because of this, more and more healthcare organizations are launching campaigns to curb the overuse and misuse of antibacterial drugs.

What are the Future Opportunities for Antibiotics?

Innovative Combination Therapies of Antibiotics Expedites

Antibiotics are rapidly growing, and many pharmaceutical companies will conduct ongoing clinical trials to back this trend. During the forecast period, this market is expected to grow thanks to factors such as improvements in antibiotic drugs and novel combination therapies for treating antibiotic-resistant microbial infections. In addition, multiple potential pharmaceutical companies gaining approval from the regulatory authority to manufacture and develop newer antibiotics is a factor that is expected to boost market growth. For instance, the U.S. Food and Drug Administration has designated TAXIS Pharmaceuticals, a drug-discovery firm, to study a new class of antibiotic agents to treat serious, drug-resistant bacterial infections.

Regional Analysis

North America Dominates the Global Market

The global antibiotics market is bifurcated into four regions, namely North America, Europe, Asia-Pacific, and LAMEA.

North America is the most significant shareholder in the global antibiotics market and is expected to grow during the forecast period. A more significant percentage of the global population using antibiotics means this area is poised for future growth. Due to its high antibiotic prescription rate, the United States commands the lion's share of the North American antibiotic market. In addition, the falling unemployment rate is expected to boost national healthcare spending, leading to higher per capita outlays over the forecast horizon. According to the same study, roughly 30% of all TB cases in the country were diagnosed in people of Hispanic or Latino origin. As a result, the prevalence of tuberculosis in the country is likely to increase the regional demand for antibiotics, which will fuel the development of the examined market.

Asia-Pacific is expected to grow during the forecast period. Opportunities are expected to be plentiful in the region during the forecast period because of the high prevalence of infectious diseases, the positive effects of regulatory reforms, the rising population and poor sanitation that has led to antibiotic-resistant bacteria, and the high demand for generic drugs. Dengue fever, for instance, has become the region's leading infectious disease and is rapidly spreading throughout Southeast Asia. Several academic institutions have expressed an interest in exploring potential new antibiotic drug classes for treating dengue. Tuberculosis, likewise, is most prevalent in Asia, particularly in countries like India, Japan, and China. Improved availability of modern antibiotics for the treatment of tuberculosis is a primary goal of India's National Tuberculosis Control Program (RNTCP).

The growth of the European antibiotic market can be attributed to several factors, including the rising incidence of infectious diseases and the advent of cutting-edge methods for creating new antibiotics to combat bacterial infections. Given the lack of regulation concerning the acquisition of antibiotics without a prescription and the relatively low prices, the French market held the largest share, accounting for more than one-tenth of the market. The decline in the unemployment rate has also led to an increase in the country's per capita health expenditure, which is expected to continue growing throughout the forecast period. Unrestricted sales and excessive antibiotic consumption are the primary factors driving market expansion in these nations.

During the forecast period, this market is expected to grow thanks to factors such as improvements in antibiotic drugs and novel combination therapies for treating antibiotic-resistant microbial infections. This pattern is consistent with the region's highly regulated healthcare sector and the presence of a robust and technologically advanced medical and healthcare infrastructure. It is predicted that high untapped market potential in nations like Colombia, Brazil, Argentina, Chile, and Peru will present profitable growth prospects for the industry.

Report Scope

Report Metric Details
Segmentations
By Drug Class
  1. Cephalosporin
  2. Penicillin
  3. Fluoroquinolone
  4. Macrolides
  5. Carbapenem
  6. Aminoglycosides
  7. Sulfonamides
  8. Other
By Spectrum of Activity
  1. Broad-spectrum Antibiotic
  2. Narrow-spectrum Antibiotic
Company Profiles Allergan Novartis Mylan N.V Sanofi Bayer Zydus Cadila Bausch Health Teva Pharmaceutical Industries Ltd. Melinta Therapeutics Lupin Amneal Pharmaceuticals LLC
Geographies Covered
North America U.S. Canada
Europe U.K. Germany France Spain Italy Russia Nordic Benelux Rest of Europe
APAC China Korea Japan India Australia Taiwan South East Asia Rest of Asia-Pacific
Middle East and Africa UAE Turkey Saudi Arabia South Africa Egypt Nigeria Rest of MEA
LATAM Brazil Mexico Argentina Chile Colombia Rest of LATAM
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
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Segmental Analysis

The global antibiotics market is segmented by drug class and spectrum of activity.

Based on drug class, the global antibiotics market is bifurcated into cephalosporin, penicillin, fluoroquinolone, macrolides, carbapenem, aminoglycosides, sulfonamides, and others.

The cephalosporin segment is the highest contributor to the market and is expected to grow during the forecast period. These sub-segments are expected to grow during the projected time frame due to the widespread distribution of newly developed pharmaceuticals. Currently, three cephalosporin drugs are in the final stages of clinical trials before they go on the market; all three are expected to do so within the next three to four years. Since cephalosporin antibiotics are effective against gram-positive and gram-negative infections, doctors are increasingly prescribing them to treat a wide variety of conditions, including but not limited to: pneumonia, staph infections, bronchitis, strep throat, tonsillitis, skin infections, and more. Cephalosporin is one of the fastest-growing segments of the antibiotics market because of its versatility as a treatment option and ease of administration (oral or intravenous).

Based on the spectrum of activity, the global antibiotics market is bifurcated into broad-spectrum antibiotics and narrow-spectrum antibiotics.

The broad-spectrum antibiotic segment is the highest contributor to the market and is expected to grow during the forecast period. Broad-spectrum antibiotics treat many diseases, assisting in the fight against antimicrobial resistance. Some factors contributing to the expansion of this market include the products' high efficiency, short incubation times, rapid bactericidal activity, lack of resistance to currently used antibiotics, and low likelihood of triggering the evolution of new antibiotic-resistant strains. Due to increased research activity and government support, cell wall synthesis inhibitors are expected to increase over the forecast period. In November 2021, for instance, Cosmo Pharmaceuticals N.V. introduced Aemcolo as an extended-release tablet in the United States for the treatment of Travelers' Diarrhea.

Market Size By Drug Class

Market Size By Drug Class
  • Cephalosporin
  • Penicillin
  • Fluoroquinolone
  • Macrolides
  • Carbapenem
  • Aminoglycosides
  • Sulfonamides
  • Other
  • Recent Developments

    • November 2022- The European Commission has given its blessing to the use of Enamor to treat hemolytic anemia in adults with cold agglutinin disease.
    • November 2022, Teva and Rimidi Form Novel Partnership to Widen Respiratory Digital Health Platform's Impact.

    Top Key Players

    Antibiotics Market Share of Key Players

    Antibiotics Market Share of Key Players
    Allergan Novartis Mylan N.V Sanofi Bayer Zydus Cadila Bausch Health Teva Pharmaceutical Industries Ltd. Melinta Therapeutics Lupin Amneal Pharmaceuticals LLC Others

    Frequently Asked Questions (FAQs)

    What is the estimated growth rate (CAGR) of the Antibiotics Market?
    Antibiotics Market size will grow at approx. CAGR of 4.1% during the forecast period.
    Some of the top prominent players in Antibiotics Market are, Allergan, Novartis, Mylan N.V, Sanofi, Bayer, Zydus Cadila, Bausch Health, Teva Pharmaceutical Industries Ltd., Melinta Therapeutics, Lupin, Amneal Pharmaceuticals LLC, etc.
    North America has been dominating the Antibiotics Market, accounting for the largest share of the market.
    The Asia-Pacific region is projected to exhibit the highest rate of growth in the Antibiotics Market.
    The global Antibiotics Market report is segmented as follows: By Drug Class, By Spectrum of Activity


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