The global faropenem sodium market is expected grow at a CAGR 9.01% during the forecast period. The rising prevalence of bacterial infections such as respiratory tract, skin, ears, nose and gynaecological infections and urinary tract infections among population globally is the key factor driving the market growth. For instance, 31.6 million people (10.1%) in the U.S. have some form of eczema. Moreover, in 2019, 489 million incident cases and 11·0 million prevalent cases of lower respiratory infections (LRI) contributed to 2·49 million deaths and 97·2 million DALYs, as per the Institute for Health Metrics and Evaluation. The increased prevalence has augmented the demand for drugs such as faropenem sodium that helps in used in the treatment of several bacterial infections of the urinary tract.
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Due to increasing bacterial infection and related problems, the healthcare expenditure has increased that further motivating market players to develop effective products to overcome the restrains in the market and to fulfil the growing market demand.
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Market Coverage
- Segment Covered-
o By Type
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Kopran Parijat Enterprises, Canagen Pharmaceuticals, BingoChem, Hunan Warrant Chemical.
Global Faropenem Sodium Market Report by Segment
By Type
- Purity: 97%-99%
- Purity: Above 99%
By Application
- Injection
- Tablet
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