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Market Overview of Global Carbetocin market:
According to our latest research, the global Carbetocin market looks promising in the next 5 years. As of 2022, the global Carbetocin market was estimated at USD 162.2 million, and it's anticipated to reach USD 211.96 million in 2028, with a CAGR of 4.56% during the forecast years.
Carbetocin is a gynecological drug. Carbetocin has been approved for use under local or spinal anesthesia in the Use immediately after elective cesarean section. Because the uterus does not contract on its own after incision during cesarean section, exogenous administration of oxytocin or similar is required to restore uterine tone and prevent bleeding.
Influence of COVID-19 Outbreak on Carbetocin Industry Development
The raging COVID-19 has plunged the global economic environment into a depression. The impact of COVID-19 on the Carbetocin industry will involve all major links and all entities of the industry chain. From the perspective of upstream raw materials, in the short term, the impact of supply chain disruption on SMEs is relatively small. According to data, among small and medium-sized enterprises and large enterprises, about 21.2% of enterprises believe that supply chain disruption is the main pressure. In addition, the outbreak of the epidemic has prompted countries around the world to implement comprehensive traffic control and other measures. This poses a certain threat to global supply chains. This is mainly reflected in the impact of the epidemic on the procurement of raw materials in the industry. Due to the limited production and poor logistics of raw material suppliers, the procurement of raw materials is facing difficulties, but with the progress of the resumption of work and production, this situation will be effectively alleviated.
From the perspective of carbetocin manufacturers, the main reason is the increased cost pressure. The outbreak of COVID-19 has put companies under pressure from tight cash flow, supply chain disruption, and a general decline in market supply and demand. Most companies expect a sharp drop in revenue. Employee wages, loan repayments and rental expenses are the main cost pressures for business operations. Especially for small and medium-sized enterprises, paying employee wages has become the biggest cost pressure. In contrast, workers at large companies face relatively less wage pressure.
From the downstream point of view, the impact of the epidemic on the downstream customers of Carbetocin is small. During the pandemic, mothers are more likely to give birth at home amid fears of contracting COVID-19, hospital visit restrictions, and home isolation. For example, the number of home births rose from more than 38,000 in 2019 to more than 45,000 in 2020, an increase of nearly 20%, according to the CDC. Although the location of maternal delivery has changed, it has not had much impact on the market demand for Carbetocin. In the post-pandemic era, governments around the world have increased their focus on healthcare systems, and maternal health has received more attention. Therefore, in the post-epidemic era, the market size of the carbetocin industry will continue to expand.
Carbetocin Drivers
According to the World Health Organization, the use of caesarean section continues to rise globally and now accounts for more than one-fifth (21%) of all births. According to projections, in 2030, nearly one-third (29%) of births are likely to be by caesarean section.
Among them, there are differences in the probability of women undergoing caesarean section in different regions. In underdeveloped countries, the probability of caesarean section is higher. In regions such as Latin America and the Caribbean, the birth rate is as high as four in ten (43%). In the Dominican Republic, Brazil, Cyprus, Egypt and Turkey, caesarean sections now outnumber vaginal births.
For women who undergo a C-section, while a C-section can be an essential life-saving procedure, if performed without a medical need, it can expose the woman and baby to unnecessary short- and long-term health problems risk. Significant risks include the possibility of heavy bleeding or infection, slower recovery time after childbirth, and more. Of these, one third of deaths after cesarean section were attributed to postpartum haemorrhage (32%).
Therefore, for women undergoing caesarean section, effective drugs are needed to prevent postpartum hemorrhage during delivery. Compared with ordinary oxytocin, carbetocin can more effectively prevent postpartum hemorrhage in pregnant women, and has the advantages of simple operation and so on. Currently, the need for clinical use of carbetocin is expanding.
Region Overview:
China had the highest growth rate of all regions.
Company Overview:
Ferring is one of the major players operating in the Carbetocin market, holding a share of 75.23% in 2022.
Ferring Pharmaceuticals is a research-driven specialty biopharmaceutical group dedicated to helping people around the world build healthy families and live better lives. Headquartered in St. Prex, Switzerland, Ferring is a leader in the fields of reproductive medicine and maternal health, as well as gastroenterology and urology. Ferring has been developing treatments for mothers and babies for over 50 years and has a portfolio of treatments that span from conception to birth. Founded in 1950, privately owned Ferring now employs approximately 6,500 people worldwide, has its own operating subsidiaries in nearly 60 countries, and sells its products in 110 countries.
Chengdu Shengnuo Biotechnology is a high-tech enterprise with core technologies for peptide synthesis and modification. It has advanced and efficient peptide drug technology research and development and large-scale production capabilities. The company's main business is independent research and development, production and sales of peptide APIs and preparations with large market capacity and strong competitiveness at home and abroad. Chinese and foreign pharmaceutical companies provide pharmaceutical research services for innovative peptide drugs, customized production services for peptide products, and transfer services for peptide drug production technology. In addition, the company also provides the processing of small molecule chemical drug levosimendan preparations and the production and export sales of levosimendan raw materials.
Segmentation Overview:
Among different product types, Original Drug segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Hospitals segment occupied the biggest share from 2017 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Carbetocin market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Carbetocin Market Report:
Market Size Estimates: Carbetocin market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Carbetocin market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Carbetocin market
Segment Market Analysis: Carbetocin market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Carbetocin market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Carbetocin Market: Revenue and sales volume of major countries in each region
Carbetocin Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Carbetocin market in major regions.
Carbetocin Industry Value Chain: Carbetocin market raw materials & suppliers, manufacturing process, distributors, downstream customers
Carbetocin Industry News, Policies & Regulations
Key players in the global Carbetocin market are covered in Chapter 12:
Hybio Pharmaceutical
Ferring
Hanlim Pharm
Beacon Pharmaceuticals Ltd.
Chengdu Shengnuo Biotechnology
In Chapter 2 and Chapter 15.1, based on types, the Carbetocin market from 2018 to 2028 is primarily split into:
Original Drug
Generic Drug
In Chapter 3 and Chapter 15.2, based on applications, the Carbetocin market from 2018 to 2028 covers:
Hospitals
Clinics
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Carbetocin market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028