Carbapenem Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Drug Class (Meropenem, Imipenem, Ertapenem), By Application (Urinary Tract Infections, Blood Stream Infections, Pneumonia, Intra-abdominal Infections, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Others), By Region and Competition, 2019-2029F

  • Industry : Healthcare
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 3.52 Billion

Market Size (2029)

USD 4.53 Billion

CAGR (2024-2029)

4.25%

Fastest Growing Segment

Meropenem

Largest Market

North America


Market Overview

Global Carbapenem Market was valued at USD 3.52 Billion in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 4.25% through 2029. The global carbapenem market is experiencing significant growth due to the increasing prevalence of antibiotic-resistant bacterial infections, growing demand for advanced healthcare solutions, and the rising global population. Carbapenems are a class of powerful antibiotics known for their broad-spectrum activity against a wide range of bacteria, making them a critical tool in the fight against serious infections. The emergence of antibiotic-resistant bacteria poses a major public health threat worldwide. Overuse and misuse of antibiotics, coupled with inadequate infection control measures, have led to the rise of resistant strains of bacteria. Carbapenem-resistant bacteria, in particular, are a cause for concern as they limit treatment options for severe infections. Carbapenem antibiotics are often considered a last resort in the treatment of severe infections, including those caused by multidrug-resistant bacteria. They are effective against a broad spectrum of bacteria, including Gram-negative and Gram-positive pathogens. This versatility makes carbapenems a valuable asset in situations where other antibiotics have failed. With the world's population continuing to grow, the potential for infectious diseases to spread is also increasing. The demand for effective antibiotics like carbapenems is driven by the need to combat a wider range of infections. The surge in antibiotic-resistant infections is a significant driver of the carbapenem market. As conventional antibiotics become less effective, healthcare providers are turning to carbapenems to combat infections that were once manageable. Improvements in healthcare infrastructure, especially in emerging economies, have led to increased access to healthcare facilities and a higher demand for advanced antibiotics like carbapenems. Pharmaceutical companies are investing in the development of new carbapenem formulations and combination therapies to address evolving bacterial resistance patterns. These innovations are expected to drive market growth.

Key Market Drivers

Increasing Incidence of Drug-Resistant Infections

The global healthcare landscape is facing a growing crisis in the form of drug-resistant infections. Antibiotics, once hailed as wonder drugs, are increasingly losing their efficacy due to the emergence of antibiotic-resistant bacteria. Among the most formidable of these resistant bacteria are carbapenem-resistant pathogens. This alarming trend has created a surge in demand for carbapenem antibiotics, driving the global carbapenem market. The increasing incidence of drug-resistant infections is a serious global health concern. Antibiotic resistance occurs when bacteria evolve mechanisms to survive exposure to antibiotics. This resistance can develop naturally over time, but it is accelerated by the overuse and misuse of antibiotics in human and animal healthcare.

Antibiotics are often prescribed unnecessarily or inappropriately for viral infections that do not respond to antibiotics. This overuse of antibiotics can promote the development of resistant strains of bacteria. In healthcare facilities, inadequate infection control measures can lead to the spread of drug-resistant bacteria. This is especially problematic in hospitals and long-term care settings. Antibiotics are used in animal agriculture to promote growth and prevent disease. This practice contributes to the spread of antibiotic-resistant bacteria in both animals and the environment, which can subsequently affect human health. The interconnected nature of our world allows for the rapid spread of drug-resistant bacteria across borders.

The increasing incidence of drug-resistant infections is driving significant growth in the global carbapenem market. Pharmaceutical companies are investing in research and development to create new carbapenem drugs and to extend the patent life of existing ones. The market is also witnessing increased production and distribution of these antibiotics to meet growing demand. Furthermore, governments and healthcare organizations are taking steps to address the issue of antibiotic resistance through improved stewardship programs, better infection control practices, and regulation of antibiotic use in both human and veterinary medicine. These measures aim to slow the emergence of new drug-resistant bacteria and extend the utility of existing antibiotics, including carbapenems.

Rising Global Population and Aging Demographics

The global healthcare landscape is continuously evolving, with several factors contributing to the increasing demand for advanced medical treatments. Two significant factors influencing the pharmaceutical industry are the rising global population and aging demographics. The convergence of these trends has a substantial impact on the healthcare sector, particularly in the context of antimicrobial drugs like carbapenems. The world's population is on a steady upward trajectory, with the United Nations estimating that it will reach 9.7 billion by 2050. This population growth is accompanied by increased urbanization, higher population density, and easier transmission of infectious diseases. A larger population means a higher number of people susceptible to bacterial infections, and this has led to an increased demand for antibiotics like carbapenems. As countries continue to develop, access to healthcare services is also improving, leading to increased diagnosis and treatment of various medical conditions, including bacterial infections. In densely populated urban areas, where people often live in close quarters, the risk of infectious diseases spreading quickly is amplified. This underscores the importance of potent antibiotics like carbapenems to combat potentially deadly infections effectively.

Another pivotal demographic shift is the aging of populations in many parts of the world. The proportion of elderly individuals is increasing due to longer life expectancy and declining birth rates. As people age, their immune systems weaken, making them more susceptible to infections. Additionally, the elderly often have multiple chronic health conditions that require medical intervention, which can expose them to healthcare-associated infections. Carbapenems are essential in the management of bacterial infections in the elderly population, especially when dealing with complex cases that may involve multi-drug-resistant bacteria. As the global population continues to age, the demand for these antibiotics is likely to rise significantly.

One of the most pressing concerns in healthcare today is the emergence of antibiotic-resistant bacteria. The misuse and overuse of antibiotics have accelerated the development of resistant strains, making it increasingly difficult to treat common infections. In this context, carbapenems play a critical role as a last line of defense against resistant pathogens. The rising global population and aging demographics contribute to the increasing incidence of antibiotic-resistant infections. Infections that were once easily treatable are becoming more challenging to manage. This scenario has further propelled the demand for carbapenems, as they are often the only effective treatment option in these cases.



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Key Market Challenges

Antibiotic Resistance

The primary challenges facing the global carbapenem market is the emergence of antibiotic resistance. Overuse and misuse of antibiotics have led to the development of antibiotic-resistant strains of bacteria, including carbapenem-resistant organisms (CROs). Carbapenems are often considered the last line of defense against such infections, and their effectiveness is compromised when resistance develops. This trend has significant implications for patient outcomes and healthcare costs, as more expensive and less effective treatments may be required.

Regulatory and Quality Control

The manufacturing and distribution of antibiotics, including carbapenems, are subject to stringent regulatory requirements and quality control measures. This can pose a challenge for both established and new market entrants. Stringent regulations are necessary to ensure the safety and efficacy of these life-saving drugs, but they can result in delays and increased costs for production, which may limit access in some regions.

Pricing and Accessibility

The pricing of carbapenems has been a contentious issue in the global market. These antibiotics are often more expensive than other antibiotic classes due to their potency and effectiveness. High prices can limit accessibility, particularly in low- and middle-income countries. The challenge is to strike a balance between ensuring affordability for patients and providing incentives for pharmaceutical companies to continue developing and producing these critical drugs.

Key Market Trends

Technological Advancements

In the rapidly evolving landscape of healthcare, technological advancements play a pivotal role in the development of novel treatments and therapies to combat various diseases. One such area of medical advancement that has gained significant attention is the Global Carbapenem Market. Carbapenems are a class of antibiotics used to treat serious infections caused by multi-drug resistant bacteria, making them a critical component of modern healthcare. The global carbapenem market is experiencing robust growth, driven by technological innovations in pharmaceutical research and development.

Technological advancements have revolutionized the process of drug discovery and development in the pharmaceutical industry. In recent years, innovations such as artificial intelligence, machine learning, and high-throughput screening have accelerated the identification of potential drug candidates, including new carbapenem antibiotics. These advancements have made the drug development process more efficient and cost-effective, leading to the introduction of novel carbapenem compounds that are more potent and have fewer side effects. Another critical aspect of technological advancement in the healthcare industry is the move toward precision medicine. This approach involves tailoring medical treatments to the individual characteristics of each patient. In the context of carbapenems, precision medicine can help healthcare providers select the most suitable antibiotic based on the specific strain of bacteria causing the infection. Genetic sequencing and diagnostic tools are now available to identify bacterial strains and their antibiotic susceptibility, ensuring that the right carbapenem is prescribed for optimal treatment outcomes. Advancements in pharmaceutical technology have also led to improved formulations and delivery systems for carbapenem antibiotics. These innovations have made it easier for healthcare providers to administer the drugs, resulting in better patient compliance and treatment outcomes. New formulations may include extended-release versions or more convenient dosing schedules, further enhancing the effectiveness of carbapenem treatment.

Segmental Insights

Drug Class Insight

Based on the category of drug class, Meropenem emerged as the dominant player in the global market for Carbapenem in 2023. Meropenem possesses a broad-spectrum of activity, which means it is effective against a wide range of bacteria, including both Gram-positive and Gram-negative organisms. This versatility makes it a preferred choice for treating complex infections where the causative agent may not be readily identified. Meropenem has excellent stability against bacterial enzymes called carbapenemases, which often render other antibiotics ineffective. This stability gives it an edge in treating infections caused by carbapenem-resistant bacteria, a growing concern in healthcare. Meropenem has been extensively studied and proven to be highly effective in clinical trials, making it a trusted choice for healthcare professionals. It has demonstrated remarkable results in various clinical settings, including intensive care units. Meropenem is typically administered intravenously, making it suitable for patients in critical care settings. Its ease of use and compatibility with various administration methods contribute to its popularity.

Application Insights

The Urinary Tract Infections segment is projected to experience rapid growth during the forecast period. Urinary tract infections are among the most common bacterial infections globally. They primarily affect the urinary system, including the bladder, urethra, ureters, and kidneys. UTIs are typically caused by bacteria, and Escherichia coli (E. coli) is the most common culprit. UTIs can vary in severity, ranging from uncomplicated cases that affect the bladder to more severe and potentially life-threatening kidney infections. UTIs can affect individuals of all ages, but women are more prone to developing them due to anatomical differences. Factors such as sexual activity, pregnancy, and the use of certain types of birth control can increase the risk of UTIs. Additionally, individuals with underlying health conditions, weakened immune systems, or urinary tract abnormalities are at higher risk.




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Regional Insights

North America emerged as the dominant region in the global Carbapenem market in 2023, holding the largest market share in terms of value. North America, particularly the United States, is a hotbed of pharmaceutical innovation. Many leading pharmaceutical companies based in the region are pioneers in the development and production of carbapenems. The robust research and development infrastructure, as well as a commitment to combating antibiotic-resistant infections, drive innovation in this market. North America is not immune to the global rise in antibiotic resistance. The region faces an increasing burden of multi-drug resistant bacterial infections, including those caused by healthcare-associated infections, community-acquired infections, and opportunistic pathogens. As a result, healthcare providers have had to turn to carbapenems more frequently to effectively combat these challenging infections.

Recent Developments

  • In May 2023, The U.S. Food and Drug Administration has approved Xacduro (sulbactam for injection; durlobactam for injection), a new treatment for hospital-acquired bacterial pneumonia (HABP) and ventilator-associated bacterial pneumonia (VABP) caused by susceptible strains of Acinetobacter baumannii-calcoaceticus complex, for patients aged 18 and older. According to the World Health Organization, Acinetobacter species are among the most critical bacterial pathogens threatening human health, underscoring the urgent need for additional treatment options amid rising global resistance to antimicrobial medicines.
  • In September 2022, Spero Therapeutics and GSK plc. forged an exclusive licensing deal to globally commercialize a late-stage antibiotic known as Tebipenem HBr, excluding Japan and certain Asian nations.

Key Market Players

  • Menarini Group
  • Pfizer Inc.
  • Sun Pharmaceutical Industries Ltd
  • Lupin Limited
  • Kopran Limited
  • Aurobindo Pharma Limited
  • Daewoong Pharmaceuticals Co., Ltd.
  • Shenzhen Haibin Pharmaceutical Co. Ltd.
  • Merck & Co., Inc.
  • Venus Remedies Ltd

By Drug Class

By Application

By Distribution Channel

By Region
  • Meropenem
  • Imipenem
  • Ertapenem
  • Urinary Tract Infections
  • Blood Stream Infections
  • Pneumonia
  • Intra-abdominal Infections
  • Others
  • Hospital Pharmacies
  • Retail Pharmacies
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Carbapenem Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Carbapenem Market, By Drug Class:

o   Meropenem

o   Imipenem

o   Ertapenem

  • Carbapenem Market, By Application:

o   Urinary Tract Infections

o   Blood Stream Infections

o   Pneumonia

o   Intra-abdominal Infections

o   Others  

  • Carbapenem Market, By Distribution Channel:

o   Hospital Pharmacies

o   Retail Pharmacies

o   Others

  • Carbapenem Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Carbapenem Market.

Available Customizations:

Global Carbapenem market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Carbapenem Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]               

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Global Carbapenem Market Outlook

4.1.  Market Size & Forecast

4.1.1.     By Value

4.2.  Market Share & Forecast

4.2.1.     By Drug Class (Meropenem, Imipenem, Ertapenem)

4.2.2.     By Application (Urinary Tract Infections, Blood Stream Infections, Pneumonia, Intra-abdominal Infections, Others)

4.2.3.     By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Others)

4.2.4.     By Region

4.2.5.     By Company (2023)

4.3.  Market Map

4.3.1.     By Drug Class

4.3.2.     By Application

4.3.3.     By Distribution Channel

4.3.4.     By Region

5.    Asia Pacific Carbapenem Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Drug Class

5.2.2.     By Application

5.2.3.     By Distribution Channel

5.2.4.     By Country

5.3.  Asia Pacific: Country Analysis

5.3.1.     China Carbapenem Market Outlook

5.3.1.1.         Market Size & Forecast

5.3.1.1.1.             By Value

5.3.1.2.         Market Share & Forecast

5.3.1.2.1.             By Drug Class

5.3.1.2.2.             By Application

5.3.1.2.3.             By Distribution Channel

5.3.2.     India Carbapenem Market Outlook

5.3.2.1.         Market Size & Forecast

5.3.2.1.1.             By Value

5.3.2.2.         Market Share & Forecast

5.3.2.2.1.             By Drug Class

5.3.2.2.2.             By Application

5.3.2.2.3.             By Distribution Channel

5.3.3.     Australia Carbapenem Market Outlook

5.3.3.1.         Market Size & Forecast

5.3.3.1.1.             By Value

5.3.3.2.         Market Share & Forecast

5.3.3.2.1.             By Drug Class

5.3.3.2.2.             By Application

5.3.3.2.3.             By Distribution Channel

5.3.4.     Japan Carbapenem Market Outlook

5.3.4.1.         Market Size & Forecast

5.3.4.1.1.             By Value

5.3.4.2.         Market Share & Forecast

5.3.4.2.1.             By Drug Class

5.3.4.2.2.             By Application

5.3.4.2.3.             By Distribution Channel

5.3.5.     South Korea Carbapenem Market Outlook

5.3.5.1.         Market Size & Forecast

5.3.5.1.1.             By Value

5.3.5.2.         Market Share & Forecast

5.3.5.2.1.             By Drug Class

5.3.5.2.2.             By Application

5.3.5.2.3.             By Distribution Channel

6.    Europe Carbapenem Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Drug Class

6.2.2.     By Application

6.2.3.     By Distribution Channel

6.2.4.     By Country

6.3.  Europe: Country Analysis

6.3.1.     France Carbapenem Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Drug Class

6.3.1.2.2.             By Application

6.3.1.2.3.             By Distribution Channel

6.3.2.     Germany Carbapenem Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Drug Class

6.3.2.2.2.             By Application

6.3.2.2.3.             By Distribution Channel

6.3.3.     Spain Carbapenem Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Drug Class

6.3.3.2.2.             By Application

6.3.3.2.3.             By Distribution Channel

6.3.4.     Italy Carbapenem Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Drug Class

6.3.4.2.2.             By Application

6.3.4.2.3.             By Distribution Channel

6.3.5.     United Kingdom Carbapenem Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Drug Class

6.3.5.2.2.             By Application

6.3.5.2.3.             By Distribution Channel

7.    North America Carbapenem Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Drug Class

7.2.2.     By Application

7.2.3.     By Distribution Channel

7.2.4.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Carbapenem Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Drug Class

7.3.1.2.2.             By Application

7.3.1.2.3.             By Distribution Channel

7.3.2.     Mexico Carbapenem Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Drug Class

7.3.2.2.2.             By Application

7.3.2.2.3.             By Distribution Channel

7.3.3.     Canada Carbapenem Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Drug Class

7.3.3.2.2.             By Application

7.3.3.2.3.             By Distribution Channel

8.    South America Carbapenem Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Drug Class

8.2.2.     By Application

8.2.3.     By Distribution Channel

8.2.4.     By Country

8.3.  South America: Country Analysis

8.3.1.     Brazil Carbapenem Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Drug Class

8.3.1.2.2.             By Application

8.3.1.2.3.             By Distribution Channel

8.3.2.     Argentina Carbapenem Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Drug Class

8.3.2.2.2.             By Application

8.3.2.2.3.             By Distribution Channel

8.3.3.     Colombia Carbapenem Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Drug Class

8.3.3.2.2.             By Application

8.3.3.2.3.             By Distribution Channel

9.    Middle East and Africa Carbapenem Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Drug Class

9.2.2.     By Application

9.2.3.     By Distribution Channel

9.2.4.     By Country

9.3.  MEA: Country Analysis

9.3.1.     South Africa Carbapenem Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Drug Class

9.3.1.2.2.             By Application

9.3.1.2.3.             By Distribution Channel

9.3.2.     Saudi Arabia Carbapenem Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Drug Class

9.3.2.2.2.             By Application

9.3.2.2.3.             By Distribution Channel

9.3.3.     UAE Carbapenem Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Drug Class

9.3.3.2.2.             By Application

9.3.3.2.3.             By Distribution Channel

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends & Developments

11.1.              Recent Developments

11.2.              Product Launches

11.3.              Mergers & Acquisitions

12.  Global Carbapenem Market: SWOT Analysis

13.  Porter’s Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Product

14.  Competitive Landscape

14.1.          Menarini Group

14.1.1.          Business Overview

14.1.2.           Company Snapshot

14.1.3.           Product & Services

14.1.4.           Financials (In case of listed)

14.1.5.           Recent Developments

14.1.6.           SWOT Analysis

14.2.    Pfizer Inc.

14.3.    Sun Pharmaceutical Industries Ltd

14.4.    Lupin Limited

14.5.    Kopran Limited

14.6.    Aurobindo Pharma Limited

14.7.    Daewoong Pharmaceuticals Co., Ltd.

14.8.    Shenzhen Haibin Pharmaceutical Co. Ltd.

14.9.    Merck & Co., Inc.

14.10.  Venus Remedies Ltd

15.  Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Carbapenem Market was estimated to be USD 3.52 billion in 2023.

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Regulatory & Quality Control and Antibiotic Resistance are the major challenges which restrict the growth of the Global Carbapenem Market

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Menarini Group, Pfizer Inc., Sun Pharmaceutical Industries Ltd, Lupin Limited, Kopran Limited, Aurobindo Pharma Limited were the top players operating in the Global Carbapenem Market in 2023.

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Increasing incidence of drug-resistant infections and rising global population and aging demographics are the major drivers for the Global Carbapenem Market.

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Sakshi Bajaal

Business Consultant
Press Release

Carbapenem Market to Grow with a CAGR of 4.25% through 2029

May, 2024

Increasing incidence of drug-resistant infections and rising global population and aging demographics are factors driving the Global Carbapenem Market in the forecast period 2025-2029

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