India Meropenem Market to Grow at a Steady Rate During the Forecast Period
Increase in bacterial
infections is expected to drive the growth of India meropenem market during the
forecast period.
According
to TechSci Research report, “India Meropenem Market By Product Type
(Meropenem Sodium v/s Meropenem Trihydrate), By Source (In-house v/s Contract
Manufacturing Organizations), By Dose (500 mg/vial v/s 1gm/vial), By
Distribution Channel (Online v/s Offline), By Application (Skin and Skin
Structure Infection, Intra-abdominal Infection, Meningitis, Nosocomial
Infection and Others), By End User (Adult v/s Pediatric), By Company, By
Region, Forecast & Opportunities, FY2026”, the India meropenem market is expected to grow at a steady
rate during the forecast period on account of growing patient awareness. Also, increase
in number of pharmaceutical manufacturers in the country is creating growth
opportunities for meropenem market over the forecast period. Moreover, the
application of Meropenem in the treatment of febrile
neutropenia is anticipated to accelerate the growth of the meropenem market
through FY2026. Besides, the drug is approved for complicated skin and skin
structure infections, intra-abdominal infections as well as bacterial
meningitis. Favorable government policies is expected to drive the market
growth in the forthcoming years. Furthermore, common side effects due to the
consumption of meropenem include nausea, diarrhea, constipation, headache,
rash, and pain at the site of injection, among others which might hamper the growth
of India meropenem market in the years to come.
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The India meropenem market is segmented based on product type, source, dose, distribution
channel, application, end user, company, and region. Based on distribution channel,
the market can be fragmented into online v/s offline. The offline channel is
expected to dominate the market which is attributable to several benefits it
offers such as consumers can inspect and examine merchandise by themselves. The
online segment is forecast to register high growing CAGR over the next few
years. This can be ascribed to the development of numerous online pharmacies
and doorstep drug delivery in the country. Based on source, the market is
segmented into in-house and contract manufacturing organizations. The in-house
segment dominated the market until FY2020 as majority of the key players operating
in the market prefer in house production owing to the reduced dependency on
suppliers. In addition to this, in-house production can provide fast and
flexible response to market changes which is further expected to contribute to
the segmental growth during the forecast period.
Blue Cross Laboratories Ltd, Coral
Pharmaceuticals (P) Ltd., Lincoln Pharmaceuticals Ltd., Intra Labs India Pvt.
Ltd., United Biotech Pvt. Ltd., Cipla Ltd., Taj Pharmaceuticals Ltd., Macleods Pharmaceuticals Ltd., Baxter India Pvt.
Ltd., AstraZeneca Pharma India Ltd, and others are some of the
leading players operating in India meropenem market. The key market players
operating in the market are using organic strategies such as product launches,
mergers and acquisitions, research collaborations, joint ventures to boost
their market share and to expand their geographic reach. Along with this,
supportive policy for the pharmaceutical industry is anticipated to aid the
current market of meropenem.
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“India meropenem market is expected to
witness steady growth in the coming years on account of growing requirement for
bacteriostatic drugs. Furthermore, application of this API drug for treating sepsis and anthrax is
further expected to positively influence the market growth. Also, continuous innovation
in the field of meropenem drugs for treating bacterial infections is another
key factor which is expected to create lucrative opportunities for the market over
the next five years.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global
management consulting firm.
“India Meropenem Market By Product Type (Meropenem Sodium
v/s Meropenem Trihydrate), By Source (In-house v/s Contract Manufacturing
Organizations), By Dose (500 mg/vial v/s 1gm/vial), By Distribution Channel
(Online v/s Offline), By Application (Skin and Skin Structure Infection,
Intra-abdominal Infection, Meningitis, Nosocomial Infection and Others), By End
User (Adult v/s Pediatric), By Company, By Region, Forecast &
Opportunities, FY2026”, has
evaluated the future growth potential of India meropenem market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in India meropenem market.
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