Norfloxacin Market | Industry Sales, Revenue, Gross Margin, Market Share by Top Companies (2017- 2023)
The major factors that contribute to the growth of the norfloxacin market include the high prevalence of urinary tract infections (UTI), chronic diseases, and rise in geriatric population contributing to a large patient pool. Moreover, large number of clinical trials and innovative R&D approaches to develop advanced antibiotics drive the market growth. However, development of drug-resistant strains and side effects associated with the use of antibiotic restrain the market growth. The development of prospect molecules and novel combination therapies by R&D processes, which are used to treat antibiotic-resistant microbial infections further provides various opportunities for market growth.
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Norfloxacin market is segmented on the basis of brand names, application, and region. Based on brand names, norfloxacin is divided as Chibroxin, Noroxin, and others. On the basis of application, the market is classified into uncomplicated urinary tract infections, complicated urinary tract infections, uncomplicated urethral and cervical gonorrhea, prostatitis, and others, which include pyelonephritis, Salmonella enteric fever, Salmonella gastroenteritis, and shigellosis. By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in this market include Janssen Pharmaceuticals, Merck KGaA, Eli. Lilly & Co., Bristol-Myers Squibb Company, GlaxoSmithKline plc, AbZ-Pharma GmbH, F. Hoffmann-La Roche AG, Shandong Xinhua Pharmaceutical, Kyorin Pharmaceutical Co., Ltd., and Lancer Health Care Pvt. Ltd.
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