Carbapenem Market - By Drug Class (Meropenem, Imipenem, Ertapenem, Doripenem), Application (Urinary Tract, Bloodstream, & Intra-Abdominal Infections, Bacterial Meningitis), Distribution Channel – Global Forecast (2024 – 2032)
Published on: 2024-07-10 | No of Pages : 240 | Industry : Healthcare
Publisher : MIR | Format : PDF&Excel
Carbapenem Market - By Drug Class (Meropenem, Imipenem, Ertapenem, Doripenem), Application (Urinary Tract, Bloodstream, & Intra-Abdominal Infections, Bacterial Meningitis), Distribution Channel – Global Forecast (2024 – 2032)
Carbapenem Market Size
Carbapenem Market size was valued at around USD 4 billion in 2023 and is estimated to grow at 5% CAGR from 2024 to 2032. Carbapenems are a class of highly effective antibiotics used to treat severe or high-risk bacterial infections.
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They belong to the beta-lactam family of antibiotics, which work by inhibiting the synthesis of the bacterial cell wall, ultimately leading to the death of the bacteria. Carbapenems are considered broad-spectrum antibiotics because they are effective against a wide variety of gram-positive and gram-negative bacteria, including many strains that are resistant to other antibiotics.
Report Attribute | Details |
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Base Year | 2023 |
Carbapenem Market Size in 2023 | USD 4 Billion |
Forecast Period | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR | 5% |
2032 Value Projection | USD 6.2 Billion |
Historical Data for | 2021 - 2023 |
No. of Pages | 167 |
Tables, Charts & Figures | 184 |
Segments covered | Drug Class, Application, Distribution Channel, and Region |
Growth Drivers |
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Pitfalls & Challenges |
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What are the growth opportunities in this market?
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The rising incidence of antimicrobial resistance is a significant driver for the market. For instance, according to the World Health Organization (WHO), antimicrobial resistance (AMR) is one of the foremost global public health and development threats. In 2019, it is estimated that bacterial AMR directly caused 1.27 million deaths worldwide and contributed to a total of 4.95 million deaths. Therefore, this underscores the urgent need for new and effective antimicrobial agents, driving innovation and investment in the development of novel antibiotics and alternative treatments to combat resistant bacterial infections.
Furthermore, high R&D investments in clinical research, growing incidence of hospital-acquired infections, and increased awareness and diagnostic advancements, are driving factors for the market growth.
Carbapenem Market Trends
High research and development (R&D) investments in clinical research play a pivotal role in advancing the carbapenem market. These substantial investments facilitate the development of new and improved carbapenem antibiotics, which is estimated to reach USD 60.9 billion by 2032, are crucial for addressing the growing challenge of antimicrobial resistance (AMR) and meeting the needs of patients with severe, difficult-to-treat infections.
- Significant R&D investments are crucial for developing advanced carbapenems that can combat resistant bacterial strains. This helps in maintaining the effectiveness of carbapenems as a last-resort treatment for severe infections.
- Comprehensive clinical research supported by high R&D spending increases the likelihood of gaining regulatory approvals from bodies such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA). This paves the way for faster market entry and commercialization of new carbapenem products.
- Additionally, R&D investments help in identifying and targeting specific unmet medical needs such as infections caused by multi-drug-resistant organisms (MDROs). Developing specialized carbapenems to treat these conditions can significantly improve patient outcomes and fill critical gaps in the market. Thus, propelling the growth of the market.
Carbapenem Market Analysis
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Based on drug class, the market is divided into meropenem, imipenem, ertapenem, doripenem, and other drug class. The meropenem segment of the market is forecasted to reach USD 2.4 billion by 2032.
- Meropenem is effective against a wide range of gram-positive and gram-negative bacteria, including many strains resistant to other antibiotics. This broad spectrum makes it a versatile option for treating various infections.
- It is particularly potent against multi-drug-resistant organisms (MDROs), including those producing extended-spectrum beta-lactamases (ESBLs) and carbapenem-resistant Enterobacteriaceae (CRE).
- Further, meropenem can be administered intravenously, allowing for flexible dosing schedules tailored to the severity of the infection and patient needs. This flexibility is particularly beneficial in hospital settings, thus driving the market growth.
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Based on application, the carbapenem market is bifurcated into urinary tract infections, bloodstream infections, intra-abdominal infections, bacterial meningitis, and other applications. The urinary tract infections segment accounted for USD 1.4 billion in 2023.
- Carbapenems are particularly valuable in treating urinary tract infections (UTIs) caused by multi-drug-resistant organisms (MDROs), including extended-spectrum beta-lactamase (ESBL) producing bacteria and carbapenem-resistant Enterobacteriaceae (CRE).
- They have a fast-acting bactericidal effect, which helps quickly reduce bacterial load and alleviate symptoms, crucial for severe and complicated UTIs.
- Further, carbapenems exhibit reliable pharmacokinetic properties, including good tissue penetration and high urinary concentrations, ensuring effective eradication of the infecting bacteria in the urinary tract. Thus, propelling the growth of the market.
Based on distribution channel, the carbapenem market is bifurcated into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment is forecasted to reach USD 3.4 billion by 2032.
- Hospital pharmacies are staffed by specialized pharmacists who have extensive knowledge of antibiotics, including carbapenems. Their expertise ensures proper selection, dosing, and administration, leading to effective and safe patient outcomes.
- In hospital settings, pharmacists work closely with infectious disease specialists to manage and control infections. This collaboration helps in the prudent use of carbapenems, reducing the risk of resistance development.
- Moreover, hospital pharmacies ensure the immediate availability of carbapenems for critically ill patients who require rapid treatment for severe infections, such as sepsis, hospital-acquired pneumonia, and complicated urinary tract infections, thus driving demand in this segment.
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The growth of the carbapenem market in the U.S. projected to reach USD 986.9 million by 2032.
- The U.S. is a hub for pharmaceutical innovation, with numerous research institutions, biotech companies, and academic centers driving advancements in drug discovery and development. This positions the U.S. well for staying at the forefront of carbapenem research and production.
- The FDA (Food and Drug Administration) in the U.S. has stringent regulatory standards for drug approval, ensuring safety and efficacy. While this can be challenging for companies, it also creates a barrier to entry for competitors, providing established players with a degree of market protection.
The carbapenem market in UK is expected to experience significant and promising growth from 2024 to 2032.
- The UK's National Health Service is one of the largest and most respected healthcare systems globally. The centralized nature of the NHS provides opportunities for streamlined adoption and usage of carbapenems across healthcare facilities, potentially driving volume demand.
- The UK actively engages in international collaborations and partnerships in healthcare and life sciences. This interconnectedness provides opportunities for UK-based companies to collaborate with global partners on carbapenem research, development, and distribution, expanding their market reach.
Japan carbapenem market is anticipated to witness lucrative growth between 2024 – 2032.
- Japan boasts world-class research institutions, universities, and pharmaceutical companies dedicated to drug discovery and development. This infrastructure supports the advancement of carbapenem research, potentially leading to the development of novel formulations or combination therapies.
- Japan has an aging population, which contributes to a high demand for healthcare services and pharmaceuticals. Carbapenems are essential in treating serious infections, particularly in elderly patients or those with compromised immune systems, making them a crucial component of Japan's healthcare system.
The carbapenem market in Saudi Arabia is expected to experience significant and promising growth from 2024 to 2032.
- Saudi Arabia has a rapidly growing population, which leads to increased demand for healthcare services and pharmaceuticals. This demographic trend can drive the demand for carbapenems, especially in hospitals and healthcare facilities treating a large number of patients.
Carbapenem Market Share
The carbapenem sector is competitive in nature, with a mix of major global and smaller to medium-sized companies competing for market share. A pivotal aspect of market strategy involves the continual introduction of innovative products leveraging diverse technologies. Notably, prominent industry players command considerable influence in this dynamic landscape, often driving forward advancements through substantial investments in research and development. Additionally, strategic alliances, acquisitions, and mergers are instrumental in fortifying market positions and expanding global footprint amidst evolving regulatory landscapes.
Carbapenem Market Companies
Some of the eminent market participants operating in the carbapenem industry include
- AstraZeneca PLC
- Aurobindo Pharma
- Daewoong Pharmaceuticals Co., Ltd.
- F. Hoffmann-La Roche Ltd.
- Johnson & Johnson
- Kopran Limited
- Lupin Limited
- Merck & Co., Inc.
- Novartis AG
- Pfizer Inc.
- Shenzhen Haibin Pharmaceutical Co. Ltd.
- Sun Pharmaceutical Industries Ltd.
- The Menarini Group
- Venus Remedies Ltd.
- Viatris Inc.
Carbapenem Industry News
- In July 2019, Merck, announced that the U.S. Food and Drug Administration (FDA) had approved RECARBRIO (imipenem, cilastatin, and relebactam) for injection, 1.25 grams, a new combination antibacterial. The approval marked a significant milestone for the company, as RECARBRIO offered a novel treatment option for patients with certain bacterial infections. The combination of imipenem, cilastatin, and relebactam provided a broad spectrum of activity against Gram-negative bacteria, including those resistant to other antibiotics. This approval strengthened Merck's position in the competitive antibiotics market, potentially contributing to its long-term growth and success.
The carbapenem market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments
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Market, By Drug Class
- Meropenem
- Imipenem
- Ertapenem
- Doripenem
- Other drug classes
Market, By Application
- Urinary tract infections
- Bloodstream infections
- Intra-abdominal infections
- Bacterial meningitis
- Other applications
Market, By Distribution Channel
- Hospital pharmacies
- Retail pharmacies
- Online pharmacies
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Table of Content
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