Ceftriaxone Sodium (API) Market
Ceftriaxone Sodium (API) Market Study by > 99.5 and > 99.8 Product Type for Powder Injections and Injections From 2024 to 2034
Analysis of Ceftriaxone Sodium (API) Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Ceftriaxone Sodium (API) Market Outlook (2024 to 2034)
Fact.MR in its new report stated that the global ceftriaxone sodium (API) market is estimated to touch a valuation of US$ 339.44 million in 2024 and is further forecasted to reach a value of US$ 821.62 million by 2034-end. Demand is projected to increase at a notable CAGR of 9.2% throughout the projection period (2024 to 2034).
The need for broad-spectrum antibiotics, such as ceftriaxone sodium, which is widely used to treat serious infections, is driven by the rising incidences of bacterial infections, including pneumonia, meningitis, sepsis, and others. Ceftriaxone sodium is widely used as a first-line treatment for severe infections in hospital settings, and its demand is increasing due to a rise in hospital admissions brought on by operations, chronic illnesses, and emergency care. Due to its effectiveness against resistant bacterial strains, ceftriaxone is becoming more widely used as antibiotic resistance. This is particularly the case in healthcare settings where stronger medicines are prioritized.
The North American region is approximated to account for 35.6% of the global market share for ceftriaxone sodium (API) in 2024. North America is leading due to the high prevalence of infectious diseases and the strong healthcare system. Hospitals and healthcare providers are widely using ceftriaxone sodium (API) to treat bacterial infections, which is contributing to demand growth. Western Europe is forecasted to generate revenue of US$ 74.88 million in 2024. This region is showing bullish sentiments due to the increasing use of ceftriaxone sodium in countries, including Germany, France, and the United Kingdom to treat serious bacterial infections.
Based on product type, demand for ceftriaxone sodium (API) with a purity level of > 99.8% is in high demand because of its exceptional qualities and ability to cure serious bacterial infections. This segment is estimated to hold 68.4% portion of the revenue share in 2024. Better efficacy, stability, and safety in pharmaceutical formulations are ensured by high-purity ceftriaxone, which is making it perfect for crucial applications in medical facilities.
Report Attribute | Detail |
---|---|
Ceftriaxone Sodium (API) Market Size (2024E) | US$ 339.44 Million |
Forecasted Market Value (2034F) | US$ 821.62 Million |
Global Market Growth Rate (2024 to 2034) | 9.2% CAGR |
North America Market Share (2024E) | 35.6% |
Western Europe Market Value (2024E) | US$ 74.88 Million |
South Asia & Pacific Market Growth Rate (2024 to 2034) | 11.2% CAGR |
> 99.8 Segment Value (2034F) | US$ 543.29 Million |
Injections Segment Value (2034F) | US$ 575.16 Million |
Key Companies Profiled | Shandong Luoxin Pharmaceutical Group Stock Co.; Livzon Pharmaceutical; United Laboratories; Sinopharm Sandwich; Shanghai Pharmaceutical; North China Pharmaceutical Co.; China Union Chempharma; Lupin Pharmaceuticals; Fujian Fukang Pharmaceutical; Qilu Antibiotics Pharmaceutical; Youcare Pharmaceutical Group Co Ltd.; Hospira. |
CeftriaxOne Sodium (API) is an active pharmaceutical ingredient used as an antibiotic to treat varied types of bacterial infections, including middle ear infections, endocarditis, gonorrhea, bone and joint infections, skin infections, meningitis, pneumonia, urinary tract infections, intra-abdominal infections, and pelvic inflammatory disease. Ceftriaxone Sodium (API) is a third-generation of cephalosporin, which is sometimes used in preventive medicines after surgery to avoid infection.
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Ceftriaxone Sodium (API) Market: Drivers and Restraints
The major driver for the global market for ceftriaxone sodium (API) is the rising prevalence of infectious diseases globally. Another major driver for the growth of the API market in general would be the expiration of the patentability of blockbuster drugs in the coming few years which will make manufacturing of their generic versions possible for the generic manufacturers.
The big pharma giants outsource the manufacturing process after these expirations, which helps them to continue keeping focus on their core competencies of drug development. Such collaborations are expected to push the ceftriaxone sodium (API) market forward for growth. Changing lifestyles and life choices like smoking are making people more susceptible to infections, which in turn would be a driver for the growth of the global market for ceftriaxone sodium (API).
Additionally, there is a growing prevalence of hospital-acquired infections worldwide, which would again be a driver for the growth of the international market of ceftriaxone sodium (API). An increasing number of surgeries in general are expected to make people more prone to infections which in turn driving the global market of ceftriaxone sodium (API).
Furthermore, the rising geriatric population with compromised immune systems will also be a factor in driving the growth of the global ceftriaxone sodium (API) market, as they constitute the infection susceptible population. Setting up manufacturing capabilities demands huge capital costs, which is a factor hampering the growth of the API market in general and the ceftriaxone sodium (API) market in particular.
The lack of a skilled set of workforce in the manufacturing units in the emerging market adds to the list of restraints for the growth of the international market of ceftriaxone sodium (API).
Ceftriaxone Sodium (API) Market: Overview
The growing prevalence of infections the world over and the increase in the use of antibiotics will overall result in steady growth for the ceftriaxone sodium (API) market. Mergers and acquisitions of the companies, including the acquisition of Avista Pharma Solutions by Cambrex will continue to keep the growth of the market of ceftriaxone sodium (API) positive.
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Ceftriaxone Sodium (API) Market: Region-wise Outlook
North America is expected to occupy a major chunk of the global ceftriaxone sodium (API) market owing to the better technology advancements and economic growth witnessed by the region. South Asia and East Asia are expected to be the fastest growing market in the global market of ceftriaxone sodium (API) owing to an increase in investment by various companies in setting up manufacturing plants for the production of generic medicines in general together with a cheap labor workforce.
Middle East and Africa is expected to be the least attractive markets in the global market of ceftriaxone sodium (API) owing to a lack of investment and economic opportunities coupled with the absence of a skilled labor force in the region.
Ceftriaxone Sodium (API) Market: Key Players
The key players for the global ceftriaxone sodium (API) market are :
- Shandong Luoxin Pharmaceutical Group Stock Co
- Livzon Pharmaceutical
- United Laboratories
- Sinopharm Sandwich
- Shanghai Pharmaceutical
- North China Pharmaceutical Co.
- China Union Chempharma
- Lupin Pharmaceuticals
- Fujian Fukang Pharmaceutical
- Qilu Antibiotics Pharmaceutical
- Youcare Pharmaceutical Group Co Ltd.
- Hospira among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, applications, and industries.
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Competitive landscape highlights only certain players
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The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Indication
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Europe (Germany, UK, France, Italy, Spain)
- South Asia (India, ASEAN Countries)
- East Asia (Japan, China & South Korea)
- Oceania (Australia & New Zealand)
- Middle East and Africa (GCC Countries, South Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Segmentation of Ceftriaxone Sodium (API) Market Research
-
By Product Type :
- > 99.5
- > 99.8
-
By Application :
- Powder Injections
- Injections
-
By Distribution Channel :
- Direct Sales
- Through Distributors
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
- FAQs -
What is ceftriaxone sodium (API)?
Ceftriaxone sodium (API) is an active pharmaceutical ingredient used as an antibiotic to treat bacterial infections, including UTIs, meningitis, pneumonia, and more.
Which are the factors pushing the sales of ceftriaxone sodium APIs?
Rising prevalence of infectious diseases worldwide is fueling the demand for ceftriaxone sodium APIs.
How are the sales of ceftriaxone sodium APIs adversely affected?
Lack of skilled workforce in production units hampers ceftriaxone sodium API sales growth.