About Meropenem
Meropenem is a carbapenem antibiotic, which is active against gram-positive and gram-negative bacteria. Meropenem penetrate bacterial cells by interfering with the synthesis of vital cell wall components, which leads to cell death. Meropenem injection does not work for cold, flu or other viral infections. Taking antibiotics when they are not needed increases the risk of getting an infection which afterwards resists antibiotic treatment. Meropenem is an important option for the empirical treatment of serious bacterial infections in hospitalized patients.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.17% |
The companies are exploring the market by adopting mergers & acquisitions, expansions and investments as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the globe to avail competitive advantage through combined collaborations. Analyst at AMA Research estimates that Chinese and Japanese Players will contribute the maximum growth to Global Meropenem market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Pfizer (United States), Shenzhen Haibin Pharmaceutical (China), Fresenius Kabi (Canada), Novartis (Switzerland), Mylan (United States), Takeda (Japan), Sumitomo Pharmaceuticals (Japan), Sumitomo Dainippon Pharma Co. Ltd. (Japan), Astra Zeneca Pharma (India), Abbott (United States) and GE Healthcare (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Spectrum Chemical Manufacturing Corp (United States), Shijiazhuang Pharma (China) and Haikou Pharmaceutical Factory (China).
Segmentation Overview
AMA Research has segmented the market of Global Meropenem market by , Application (Skin and Skin Structure Infection, Intra-abdominal infection, Meningitis, Nosocomial Infection and Others) and Region.
On the basis of geography, the market of Meropenem has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Spain, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Adult will boost the Meropenem market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Meropenem market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Strength, the sub-segment i.e. 0.5g will boost the Meropenem market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing use in empirical treatment and Effective in the treatment of bacterial meningitis
Market Growth Drivers:
Increasing awareness towards healthy lifestyle and Rising prevalence of skin infection across the globe
Challenges:
Easy availability of substitutes
Restraints:
Inappropriate use can affects adversely
Opportunities:
Increasing healthcare infrastructure in developing countries
Market Leaders and their expansionary development strategies
In October 2021, Tebipenem HBr (tebipenem pivoxil hydrobromide) was approved by the Food and Drug Administration (FDA) for the treatment of complex urinary tract infections (cUTI), including pyelonephritis, brought on by susceptible bacteria. The business said it would cooperate with the FDA throughout the NDA review procedure in preparation for the planned introduction of tebipenem HBr in the second half of 2022.
In January 2022, The New Drug Application (NDA) for the approval of tebipenem HBr oral tablets for the treatment of adult patients with complicated urinary tract infections (cUTI), including acute pyelonephritis, caused by susceptible microorganisms, was accepted for substantive review by the U.S. Food and Drug Administration (FDA).
Key Target Audience
Manufacturers of pharmaceutical drugs, Suppliers of pharmaceutical drugs, Wholesalers, distributers and retailers of pharmaceutical drugs, Healthcare industry, Research Firms and Governmental bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.