Antimicrobial Therapeutics Market By Product Type (Antibiotics, Antifungals, Antivirals, Antiparasitics), By Drug Class (Beta-Lactams, Macrolides, Fluoroquinolones, Tetracyclines, Aminoglycosides), By Route of Administration (Oral, Intravenous, Topical, Inhalation), By End-User (Hospitals, Clinics, Homecare, Research & Academic Institutes, Pharmaceutical & Biotech Companies), and By Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: HC5566  
|   Life Sciences and Healthcare

As per Intent Market Research, the Antimicrobial Therapeutics Market was valued at USD 101.9 billion in 2023 and will surpass USD 158.0 billion by 2030; growing at a CAGR of 6.5% during 2024 - 2030.

The antimicrobial therapeutics market is a critical sector in the global healthcare industry, focused on the development and distribution of drugs that treat infections caused by bacteria, fungi, viruses, and parasites. This market is essential in combating the rise of infectious diseases and is significantly impacted by the growing challenge of antimicrobial resistance (AMR). With constant advancements in drug discovery, new formulations, and administration techniques, the antimicrobial therapeutics sector continues to evolve. The market is driven by rising infection rates, the need for effective treatments, and innovations aimed at overcoming drug resistance.

Antibiotics Segment Is Largest Owing to High Demand in Infection Treatment

Among the various product types, antibiotics dominate the antimicrobial therapeutics market. Antibiotics are extensively used to treat bacterial infections such as pneumonia, tuberculosis, and urinary tract infections, among others. The increasing prevalence of bacterial infections, coupled with the rising concern over antibiotic resistance, drives the demand for antibiotics globally. Beta-lactam antibiotics, such as penicillin and cephalosporins, are some of the most widely used in hospitals and clinics, contributing significantly to the market share. Their broad-spectrum efficacy and relatively lower cost make them a preferred choice for healthcare providers worldwide.

The growing resistance to antibiotics is pushing the pharmaceutical industry to develop new classes of antibiotics, which further boosts the market’s growth. Additionally, antibiotics are central to the treatment regimens for various chronic conditions, which increases their consumption in both inpatient and outpatient settings. The evolution of antibiotic resistance patterns and the need for novel antimicrobial agents are expected to maintain antibiotics as the largest product type in the market.

Beta-Lactams Drug Class Is Largest Owing to Broad-Spectrum Efficacy

Within the drug class segment, beta-lactams are the largest and most widely used category. These include penicillins, cephalosporins, and carbapenems, which are known for their broad-spectrum activity against a wide range of bacteria. Beta-lactam antibiotics are integral in the treatment of infections such as pneumonia, sepsis, and skin infections, among others. Their widespread availability, efficacy, and relatively lower cost make them the primary choice for many infections, especially in hospital settings.

The beta-lactam market is expected to continue its dominance due to ongoing research and the development of new beta-lactam agents that can overcome resistance mechanisms. The expanding range of these antibiotics, including newer generations that offer improved efficacy, ensures their dominance in the antimicrobial therapeutics landscape. Furthermore, beta-lactams are integral in combating both hospital-acquired and community-acquired infections, contributing to their continued market leadership.

Oral Route of Administration Is Fastest Growing Owing to Patient Convenience

The oral route of administration is the fastest-growing segment in the antimicrobial therapeutics market. Oral antibiotics offer significant advantages in terms of patient compliance and convenience, as they can be administered outside of hospital settings, reducing the need for intravenous (IV) treatments. Oral formulations, such as tablets, capsules, and syrups, are commonly prescribed for the treatment of mild to moderate infections, including respiratory infections, urinary tract infections, and skin conditions.

The growing preference for oral antibiotics stems from their ease of use, cost-effectiveness, and the ability to treat infections at home, thereby reducing hospital visits. This convenience factor has been particularly important during the COVID-19 pandemic, where limiting hospital visits was crucial. As a result, the demand for oral antimicrobial therapies is expected to rise significantly, making it the fastest-growing route of administration in the market.

Hospitals Segment Is Largest End-User Owing to High Infection Rates

The hospitals segment is the largest end-user in the antimicrobial therapeutics market. Hospitals account for the largest share of antimicrobial drug consumption due to the high incidence of hospital-associated infections (HAIs) and the critical need for therapeutic interventions. In hospital settings, antimicrobial therapies are used extensively to treat a wide range of infections, including surgical site infections, bloodstream infections, and pneumonia, among others.

Hospitals are also the primary setting for the development and administration of more advanced antimicrobial drugs, particularly for severe infections that require intravenous administration or specialized treatment regimens. The high patient volume, combined with the complexity of infections treated in hospitals, ensures that this segment remains the largest end-user in the antimicrobial therapeutics market.

Asia-Pacific Region Is Fastest Growing Owing to Rising Infection Burden

The Asia-Pacific region is the fastest-growing region in the antimicrobial therapeutics market. This growth is driven by the high burden of infectious diseases, particularly in emerging economies where healthcare infrastructure is still developing. Countries such as India, China, and Southeast Asian nations are experiencing a rise in both communicable and non-communicable diseases, which drives the demand for antimicrobial therapies. The region is also facing challenges related to antimicrobial resistance, which further fuels the need for novel therapeutics.

The rapid economic development, increased healthcare spending, and rising awareness about antimicrobial resistance in the Asia-Pacific region are expected to accelerate market growth. As healthcare access improves and the incidence of infections rises, the demand for antimicrobial drugs is anticipated to increase, making this region crucial for the future of the antimicrobial therapeutics market.

Leading Companies and Competitive Landscape

The antimicrobial therapeutics market is highly competitive, with several global pharmaceutical companies driving innovation in drug development. Leading companies in this space include Pfizer Inc., Merck & Co., Inc., Johnson & Johnson, GlaxoSmithKline, and AstraZeneca, among others. These companies are at the forefront of developing new antibiotics, antivirals, and antifungals, with a focus on combating drug-resistant pathogens.

The competitive landscape is characterized by heavy investment in research and development (R&D), with companies collaborating with academic institutions and government agencies to develop novel therapies. Moreover, the increasing prevalence of antimicrobial resistance (AMR) is encouraging these companies to innovate and explore new drug classes that can overcome resistance mechanisms. The market is also witnessing strategic mergers and acquisitions as companies seek to expand their portfolios and gain access to cutting-edge antimicrobial technologies.

 

Recent Developments:

  • In 2024, Pfizer and BioNTech announced their collaboration to develop a new class of antimicrobial therapeutics aimed at combating emerging resistant pathogens.
  • Merck's antiviral drug for the treatment of respiratory infections received FDA approval in early 2024, offering a new treatment option for severe cases of influenza.
  • Johnson & Johnson announced the launch of a new antifungal drug in Q3 2024, targeting fungal infections that are resistant to current therapies.
  • In a strategic move to strengthen its portfolio, GlaxoSmithKline acquired an antimicrobial discovery startup in late 2023, focused on developing antibiotics for multi-drug resistant infections.
  • Abbott Laboratories unveiled a new initiative in 2024 to advance research on antimicrobial resistance (AMR) solutions, with a focus on innovative diagnostics and targeted therapies.

List of Leading Companies:

  • Pfizer Inc.
  • Merck & Co., Inc.
  • Johnson & Johnson Services, Inc.
  • Novartis International AG
  • Roche Holding AG
  • GlaxoSmithKline PLC
  • Sanofi S.A.
  • Eli Lilly and Company
  • Abbott Laboratories
  • Bristol-Myers Squibb
  • AstraZeneca PLC
  • Bayer AG
  • Boehringer Ingelheim
  • Cipla Limited
  • Mylan N.V. (now part of Viatris)

Report Scope:

Report Features

Description

Market Size (2023)

USD 101.9 Billion

Forecasted Value (2030)

USD 158.0 Billion

CAGR (2024 – 2030)

6.5%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Antimicrobial Therapeutics Market By Product Type (Antibiotics, Antifungals, Antivirals, Antiparasitics), By Drug Class (Beta-Lactams, Macrolides, Fluoroquinolones, Tetracyclines, Aminoglycosides), By Route of Administration (Oral, Intravenous, Topical, Inhalation), By End-User (Hospitals, Clinics, Homecare, Research & Academic Institutes, Pharmaceutical & Biotech Companies)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Pfizer Inc., Merck & Co., Inc., Johnson & Johnson Services, Inc., Novartis International AG, Roche Holding AG, GlaxoSmithKline PLC, Sanofi S.A., Eli Lilly and Company, Abbott Laboratories, Bristol-Myers Squibb, AstraZeneca PLC, Bayer AG, Boehringer Ingelheim, Cipla Limited, Mylan N.V. (now part of Viatris)

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Antimicrobial Therapeutics Market, by Product Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Antibiotics

   4.2. Antifungals

   4.3. Antivirals

   4.4. Antiparasitics

   4.5. Others

5. Antimicrobial Therapeutics Market, by Drug Class (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Beta-Lactams

   5.2. Macrolides

   5.3. Fluoroquinolones

   5.4. Tetracyclines

   5.5. Aminoglycosides

   5.6. Others

6. Antimicrobial Therapeutics Market, by Route of Administration (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Oral

   6.2. Intravenous

   6.3. Topical

   6.4. Inhalation

   6.5. Others

7. Antimicrobial Therapeutics Market, by End-User (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Hospitals

   7.2. Clinics

   7.3. Homecare

   7.4. Research & Academic Institutes

   7.5. Pharmaceutical & Biotech Companies

8. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   8.1. Regional Overview

   8.2. North America

      8.2.1. Regional Trends & Growth Drivers

      8.2.2. Barriers & Challenges

      8.2.3. Opportunities

      8.2.4. Factor Impact Analysis

      8.2.5. Technology Trends

      8.2.6. North America Antimicrobial Therapeutics Market, by Product Type

      8.2.7. North America Antimicrobial Therapeutics Market, by Drug Class

      8.2.8. North America Antimicrobial Therapeutics Market, by Route of Administration

      8.2.9. North America Antimicrobial Therapeutics Market, by End-User

      8.2.10. By Country

         8.2.10.1. US

               8.2.10.1.1. US Antimicrobial Therapeutics Market, by Product Type

               8.2.10.1.2. US Antimicrobial Therapeutics Market, by Drug Class

               8.2.10.1.3. US Antimicrobial Therapeutics Market, by Route of Administration

               8.2.10.1.4. US Antimicrobial Therapeutics Market, by End-User

         8.2.10.2. Canada

         8.2.10.3. Mexico

    *Similar segmentation will be provided for each region and country

   8.3. Europe

   8.4. Asia-Pacific

   8.5. Latin America

   8.6. Middle East & Africa

9. Competitive Landscape

   9.1. Overview of the Key Players

   9.2. Competitive Ecosystem

      9.2.1. Level of Fragmentation

      9.2.2. Market Consolidation

      9.2.3. Product Innovation

   9.3. Company Share Analysis

   9.4. Company Benchmarking Matrix

      9.4.1. Strategic Overview

      9.4.2. Product Innovations

   9.5. Start-up Ecosystem

   9.6. Strategic Competitive Insights/ Customer Imperatives

   9.7. ESG Matrix/ Sustainability Matrix

   9.8. Manufacturing Network

      9.8.1. Locations

      9.8.2. Supply Chain and Logistics

      9.8.3. Product Flexibility/Customization

      9.8.4. Digital Transformation and Connectivity

      9.8.5. Environmental and Regulatory Compliance

   9.9. Technology Readiness Level Matrix

   9.10. Technology Maturity Curve

   9.11. Buying Criteria

10. Company Profiles

   10.1. Pfizer Inc.

      10.1.1. Company Overview

      10.1.2. Company Financials

      10.1.3. Product/Service Portfolio

      10.1.4. Recent Developments

      10.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   10.2. Merck & Co., Inc.

   10.3. Johnson & Johnson Services, Inc.

   10.4. Novartis International AG

   10.5. Roche Holding AG

   10.6. GlaxoSmithKline PLC

   10.7. Sanofi S.A.

   10.8. Eli Lilly and Company

   10.9. Abbott Laboratories

   10.10. Bristol-Myers Squibb

   10.11. AstraZeneca PLC

   10.12. Bayer AG

   10.13. Boehringer Ingelheim

   10.14. Cipla Limited

   10.15. Mylan N.V. (now part of Viatris)

11. Appendix

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A comprehensive market research approach was employed to gather and analyze data on the Antimicrobial Therapeutics Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Antimicrobial Therapeutics Market. The research methodoloagy encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach -

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Antimicrobial Therapeutics Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down -

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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