Ertapenem Market Trends, Size, Competitive Analysis and Forecast 2021-2027

The global ertapenem market is expected to grow at a significant CAGR during the forecast period (2021-2027). Ertapenem is an antibiotic that is used to treat infections in the skin, lungs, stomach, pelvic, and urinary tract caused by bacteria. Ertapenem is also used for people who are having certain types of surgery which involves a risk of becoming infected. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships and collaborations, mergers and acquisitions, geographical expansion, and new product launches, to remain competitive in the marketplace. For instance, in May 2021, Dr. Reddy's Laboratories Ltd. along with its subsidiaries together referred to as Dr. Reddy's declared the launch of Ertapenem for Injection, 1 g/vial, a therapeutic equivalent generic version of INVANZ (ertapenem for injection) for injection, 1 g/vial approved by the US Food and Drug Administration (USFDA). Additionally, the company has extended its strategic collaboration with Gland Pharma who have led the execution of this launch. Dr. Reddy's Ertapenem for Injection, 1 g/vial, is available in packs of 10 vials per carton.

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Moreover, in July 2018, Endo International PLC announced that Par Pharmaceutical (Par), one of its operational companies, has started selling an authorized generic version of Merck's INVANZ (ertapenem for injection). Endo Ventures Ltd., a subsidiary of Endo, recently signed an exclusive supply and distribution deal with Merck & Co., Inc. allowing Par to launch and market an authorized generic version of the medicine.

Market Coverage

· The market number available for - 2020-2027

· Base year- 2020

· Forecast period- 2021-2027

Segment Covered-

· By Type

· By Application

Regions covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape: Merck & Co., Inc., Fresenius SE & Co. KGaA (Fresenius Kabi), and Cipla Ltd., among others.

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Global Ertapenem Market Report by Segment

By Type

• Purity: Above 98%

• Purity: Above 99%

By Application

• Injection

• Tablet

Global Ertapenem Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

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