Global Antibacterial Drugs Market is Estimated to Witness High Growth Owing to Increasing Antimicrobial Resistance and Emergence of New Infectious Diseases
The Global Antibacterial Drugs Market is estimated to be valued at USD 44.80 Bn in 2024, exhibiting a CAGR of 4.5% over the forecast period (2024-2031). The market is growing owing to rising bacterial resistance to conventional antibiotics and emergence of new infectious diseases. Furthermore, increasing research funding for the development of novel antibacterial therapies is expected to provide opportunities for market growth.
Market Dynamics:
The global antibacterial drugs market growth is driven primarily by the increasing antimicrobial resistance and emergence of new infectious diseases worldwide. Over-prescription and misuse of antibiotics have led to many bacteria developing resistance to first-line antibiotic treatments. This has reduced the effectiveness of existing antibacterial drugs. Moreover, new and re-emerging infectious bacterial pathogens are posing threats to public health. For instance, multidrug-resistant tuberculosis poses significant challenges for effective treatment. At the same time, the pipeline for new antibacterial drug approvals remains very limited. Only a few new classes of antibiotics have been introduced over the last few decades. This has intensified the need for research and development of novel drug candidates. Collaborations between drugmakers and academic institutions as well as government support are expected to aid the market growth.
Increasing Prevalence of Bacterial Infections
One of the key drivers of growth in the global antibacterial drugs market is the rising prevalence of various bacterial infections across the world. According to the World Health Organization, bacterial infections are among the top 10 causes of mortality worldwide. Growing resistance to antibiotics poses a serious public health threat. As a result, there is a high demand for effective new antibacterial drugs to treat drug-resistant bacterial strains. Pharmaceutical companies are investing heavily in R&D to develop novel classes of antibiotics. This is expected to drive market growth over the forecast period.
Growing Geriatric Population
The global antibacterial drugs market is also being driven by the rapid growth of the geriatric population who are more susceptible to various bacterial infections due to their weaker immune systems. In September 2023, as per the UN’s World Population Ageing report, the number of people aged 65 years or over is projected to grow from 703 million in 2020 to 1.5 billion in 2050. The aged population is more prone to hospital-acquired infections and requires long-term antibacterial treatment. This growing patient pool will augment demand in the market.
Stringent Regulatory Environment
One of the major challenges in the antibacterial drugs market is the stringent regulatory framework for the approval of new antibiotics. Regulators such as the USFDA impose strict efficacy, safety, and resistance prevention standards due to the growing threat of antibiotic resistance. Obtaining regulatory approval for novel antibiotic candidates is a long, complex, and costly process involving large clinical trials. This acts as a deterrent for pharmaceutical companies and restrains market growth.
High R&D Costs
Developing new classes of antibiotics involves extensive R&D over several years at heavy costs. Discovery and development of antibiotic drugs from screening to approval can cost over US$ 1 billion. Additionally, large clinical trials are needed to evaluate drug efficacy, impact on gut microbiome, and resistance prevention. Given the low commercial returns and threat of resistance rendering drugs ineffective quickly, many companies are reluctant to invest in antibiotic R&D. This lack of investment poses risks for a sustainable market.
Partnerships with Government and Non-Profits
Pharmaceutical companies can explore strategic partnerships and alliances with governments and non-profit organizations working to address the antibiotic resistance crisis. Such collaborations could help secure funding support and incentives to make antibiotic R&D a more viable investment. For example, Combating Antibiotic Resistant Bacteria Biopharmaceutical Accelerator (CARB-X) funded by Biomedical Advanced Research and Development Authority (BARDA) provides funding to SMEs for developing new antibiotic treatments.
Development of Rapid Diagnostic Tests
There is growth potential in the development and adoption of rapid point-of-care diagnostic tests for bacterial infections. Timely and accurate diagnosis is critical to optimize antibiotic treatment and prevent overuse. Faster diagnostic tests can reduce the existing diagnostic gap between symptom onset and appropriate antibiotic administration. Companies may tap opportunities in developing and marketing novel rapid bacterial diagnostic kits and platforms.
Link: https://www.coherentmarketinsights.com/insight/antibacterial-drugs-market-177/segmentation
Key Developments:
- In June 2024, Orchid Pharma, known for its innovative drug development, partnered with Cipla, Pharmaceutical company to launch Cefepime-Enmetazobactam in India. The antibiotic is approved for treating complicated urinary tract infections (cUTI), hospital-acquired pneumonia (HAP), and ventilator-associated pneumonia (VAP). This collaboration leverages Orchid Pharma’s drug innovation and Cipla’s vast distribution network, aiming for widespread access.
- On April 3, 2024, the U.S. Food and Drug Administration (FDA) approved Zevtera (ceftobiprole medocaril sodium) for treating adults with Staphylococcus aureus bloodstream infections (SAB), including right-sided infective endocarditis; acute bacterial skin and skin structure infections (ABSSSI); and community-acquired bacterial pneumonia (CABP) in patients aged three months to under 18 years
- In June 2023, Pfizer Inc., a pharmaceutical company, announced successful Phase 3 results for its investigational antibiotic combination aztreonam-avibactam (ATM-AVI). The studies, REVISIT and ASSEMBLE, demonstrated that ATM-AVI is effective and well-tolerated in treating Gram-negative bacterial infections, including those caused by multidrug-resistant pathogens like metallo-β-lactamase (MBL) producers.
Key Players:
Pfizer Inc., Merck & Co., Inc., Abbott Laboratories, Novartis International AG, GlaxoSmithKline plc, Sanofi, F. Hoffmann-La Roche Ltd., Teva Pharmaceutical Industries Ltd., Mylan N.V., Astellas Pharma Inc., Johnson & Johnson, Amgen Inc., Bayer AG, Eli Lilly and Company, and AstraZeneca plc
