Forecast: Antiinfective Medicine Sales in South Korea

From 2013 to 2023, antiinfective medicine sales in South Korea declined steadily from 12.4 units to 6.8 units. The year-on-year variation saw reductions, showing a significant fall, especially from 2017 onwards. The compound annual growth rate (CAGR) over the last 5 years reached -8.32%, indicating an average annual decrease in the market size of 8.32%. Forecasts predict that sales will further decline, reaching 3 units by 2028, with a forecasted 5-year CAGR of -12.94% and a forecasted 5-year growth rate of -50%.

Future trends to watch for:

  • Continued reduction in antiinfective medicine usage due to improved healthcare practices and preventive measures.
  • Potential shifts in market dynamics as new healthcare policies are implemented.
  • Evolving landscape with technological advancements in the pharmaceutical industry impacting traditional antiinfective treatments.

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