Global Topical Antibiotic Market Report and Forecast 2024-2032

Global Topical Antibiotics Market Outlook

The global topical antibiotics market size was valued at USD 6.27 billion in 2023, driven by the rising incidence of infectious diseases across the globe. The market is expected to grow at a CAGR of 3.8% during the forecast period of 2024-2032, with the values likely to rise from USD 6.51 billion in 2024 to USD 8.75 billion by 2032.

Topical Antibiotics: Introduction

Topical antibiotics are used to treat skin infections via direct application on the affected site. They are widely available as creams, gels, and ointments. Topical antibiotics are agents that kill or inhibit the growth of their responsive micro-organisms. They are widely used in several conditions, from infections in cuts and in mild to severe acne cases.

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Global Topical Antibiotics Market Analysis

The increasing incidence of diseases associated with pathogenic microorganisms has led to significant topical antibiotics market demand in recent years. Moreover, patients that have inadequate hygiene, a weak immune system, and an infected epidermis and close contact with people with epidermal disease are more vulnerable to illness. To combat the rising burden of infectious diseases, the market has flourished with several technical advancements to expediate the drug development process.

With the rising prevalence of multidrug resistance and development of superbugs, the decreased efficacy of antibiotics has been a key area of concern for scientists and researchers. Consequently, new chemical entities have emerged in the market to target the increasing antibiotic resistance issue. A prime example is quinolones, that target bacterial DNA gyrase and topoisomerase IV to achieve the antibacterial effects.

In July 2023, the FDA approved Verrica Pharmaceuticals’ therapy, VP-102 to treat molluscum contagiosum (molluscum) which is a highly contagious viral skin disease, affecting children under 16 years of age. This medication uses a drug-device combination with a controlled formulation of cantharidin (0.7% w/v) and is designed to be administered through a single-use applicator for topical dosing, facilitating targeted delivery. Such developments solidify the ongoing trend of blending non-pharmacological and pharmacological approaches to enable effective results for patients, indicating that the topical antibiotics market value is expected to grow further in the following years.

Global Topical Antibiotics Market Segmentation

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Market Breakup by Product Type

• Creams

• Ointments

• Gels

• Lotions

• Powders

• Solutions

• Others

Market Breakup by Application

• Skin Infections

• Eye Infections

• Ear Infections

• Nasal Infections

• Others

Market Breakup by Distribution Channel

• Hospital Pharmacies

• Retail Pharmacies

• Online Pharmacies

Market Breakup by End User

• Hospitals

• Clinics

• Ambulatory Surgical Centres

• Home Care Settings

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

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Global Topical Antibiotics Market Overview

The topical antibiotics market share has been dominated by the North America, specifically United States in the historical period. Extensive research on the assessment of the effectiveness and protection of the generic components used in antibiotics has become a key component of the growth of the regional industry. In addition, the robust research and development infrastructure also contributes to the market value in the region.

Apart from United States, Europe is another significant player in the market. The presence can be accredited to the existence of major research and academic institutions in the region. In addition, the prominent healthcare players also play a critical role in fostering innovation for developing new drugs.

It is estimated that the Asia Pacific region will witness fastest topical antibiotics market growth in the forecast period. The growth can be attributed to the increasing awareness about hygiene and sanitation spread by government as well as private institutions in the region. There is an influx of foreign capital in the region, with major healthcare and pharmaceutical companies setting up research laboratories to use the academic talent and other resources available in the area.

Global Topical Antibiotics Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• F. Hoffmann-La Roche Ltd.

• Mylan N.V.

• Sanofi

• Pfizer Inc.

• GlaxoSmithKline plc (GSK)

• Novartis AG

• Bayer AG

• Merck & Co., Inc.

• Sun Pharmaceutical Industries Ltd.

• Aurobindo Pharma

• Lupin

• Fresenius Kabi AG

• Akorn Incorporated

• Teva Pharmaceutical Industries Ltd.

• AstraZeneca plc.

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Highlights of the Report