Topical Antibiotics Market - By Drug Class, Dosage Form, Product Type, Medication Type, Application, Distribution Channel, Global Forecast 2024

Description

Topical antibiotics market size is predicted to witness 5.4% CAGR from 2024 to 2032, driven by the increasing prevalence of skin infections, including bacterial and fungal infections. The rising incidence of chronic wounds, such as diabetic foot ulcers and pressure ulcers is driving the adoption of topical antibiotics for wound management and infection prevention. As per well-known medical journal JAMA, every year, diabetic foot ulcers impact roughly 18.6 million individuals globally, with approximately 1.6 million cases occurring in the U.S. The growing awareness about the importance of infection control measures, particularly in healthcare settings, will stimulate the demand for topical antibiotics for the treatment and prevention of healthcare-associated infections.

Manufacturers are further developing innovative formulations, such as creams, ointments, gels, and sprays, with improved penetration and sustained release properties for optimizing drug delivery and enhancing patient compliance. The increasing adoption of topical antibiotics in cosmetic dermatology for the treatment of acne and other skin conditions, coupled with the rising consumer demand for OTC topical antibiotic products will contribute to the market expansion.

The topical antibiotics industry is divided into drug class, dosage form, product type, medication type, application, distribution channel, and region.

The market size from the generics product type segment is set to witness 5.9% CAGR up to 2032. As patents for branded topical antibiotics expire, generic versions have become available, leading to increased competition and lower prices. This accessibility and affordability of generic topical antibiotics makes them more attractive to healthcare providers and patients. Generic manufacturers are also investing in R&D activities to create bioequivalent formulations for ensuring comparable efficacy and safety to their branded counterparts.

Topical antibiotics market share from the eye infection application segment is anticipated to observe 5.5% growth rate during 2024-2032. Eye infections, such as conjunctivitis and keratitis, are common ocular conditions caused by bacterial or fungal pathogens, necessitating prompt and effective treatment with topical antibiotics. The increasing prevalence of eye infections, associated to poor hygiene practices, contact lens use, and environmental factors will contribute to the demand for topical antibiotics as the primary therapeutic intervention.

Asia Pacific topical antibiotics industry is anticipated to gain momentum and grow at a 5.8% CAGR through 2032, attributed to the high population density and tropical climate that creates conducive environments for the spread of bacterial and fungal infections. The incidence of infectious diseases, such as conjunctivitis, impetigo, and fungal skin infections, in densely populated urban areas and rural communities across APAC is increasing. The expanding healthcare infrastructure and the rising disposable incomes in countries like China, India, and Southeast Asian nations will fuel the accessibility of topical antibiotics, further driving the regional market expansion.

Product Code: 8570

Chapter 1 Methodology & Scope

1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Data collection
1.4 Forecast parameters
1.5 Data validation
1.6 Data sources
- 1.6.1 Primary
- 1.6.2 Secondary
  - 1.6.2.1 Paid sources
  - 1.6.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360 degree synopsis

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Increasing incidence of skin infections
  - 3.2.1.2 Rising antibiotic resistance
  - 3.2.1.3 Expanding advancements in formulations
  - 3.2.1.4 Growing regulatory support
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 Adverse effects and safety concerns
  - 3.2.2.2 Preference for systemic antibiotics
3.3 Growth potential analysis
3.4 Pipeline analysis
3.5 Regulatory landscape
3.6 Porter's analysis
- 3.6.1 Supplier power
- 3.6.2 Buyer power
- 3.6.3 Threat of new entrants
- 3.6.4 Threat of substitutes
- 3.6.5 Industry rivalry
3.7 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company matrix analysis
4.3 Company market share analysis
4.4 Competitive positioning matrix
4.5 Strategic dashboard

Chapter 5 Market Estimates and Forecast, By Drug Class, 2018 - 2032 ($ Mn)

5.1 Key trends
5.2 Tetracycline
5.3 Aminoglycoside
5.4 Erythromycin
5.5 Clindamycin
5.6 Other drug classes

Chapter 6 Market Estimates and Forecast, By Dosage Form, 2018 - 2032 ($ Mn)

6.1 Key trends
6.2 Ointments
6.3 Creams
6.4 Solutions
6.5 Powders
6.6 Other dosage forms

Chapter 7 Market Estimates and Forecast, By Product Type, 2018 - 2032 ($ Mn)

7.1 Key trends
7.2 Branded
7.3 Generics

Chapter 8 Market Estimates and Forecast, By Medication Type, 2018 - 2032 ($ Mn)

8.1 Key trends
8.2 Over-the-counter (OTC)
8.3 Prescription

Chapter 9 Market Estimates and Forecast, By Application, 2018 - 2032 ($ Mn)

9.1 Key trends
9.2 Skin infection
9.3 Eye infection
9.4 Ear infection
9.5 Nasal infections
9.6 Other applications

Chapter 10 Market Estimates and Forecast, By Distribution Channel, 2018 - 2032 ($ Mn)

10.1 Key trends
10.2 Hospital pharmacies
10.3 Retail pharmacies & drug stores
10.4 Online pharmacies

Chapter 11 Market Estimates and Forecast, By Region, 2018 - 2032 ($ Mn)

11.1 Key trends, by region
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 France
- 11.3.4 Spain
- 11.3.5 Italy
- 11.3.6 Rest of Europe
11.4 Asia Pacific
- 11.4.1 Japan
- 11.4.2 China
- 11.4.3 India
- 11.4.4 Australia
- 11.4.5 Rest of Asia Pacific
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Rest of Latin America
11.6 Middle East and Africa
- 11.6.1 South Africa
- 11.6.2 Saudi Arabia
- 11.6.3 Rest of Middle East and Africa

Chapter 12 Company Profiles

12.1 Almirall S.A.
12.2 Bausch Health Companies Inc.
12.3 Bayer AG
12.4 GlaxoSmithKline plc
12.5 Johnson & Johnson Consumer Inc.
12.6 Lupin
12.7 Medimetriks Pharmaceuticals Inc.
12.8 Merck & Co., Inc.
12.9 Mayne Pharma Group Limited.
12.10 Novartis AG
12.11 Pfizer Inc.
12.12 Sanofi
12.13 Sun Pharmaceutical Industries Ltd.
12.14 Teva Pharmaceutical Industries Ltd.
12.15 Viatris Inc.

Topical Antibiotics Market - By Drug Class, Dosage Form, Product Type, Medication Type, Application, Distribution Channel, Global Forecast 2024 - 2032