Press release
Quinolones Market Aims for $64.61 Billion By 2029: Key Growth Factors and Industry Trends
Quinolones Market Aims
What Is The Projected Market Size Of The Global Quinolones Market And Its Growth Rate?
• The quinolones market is set to grow from $50.05 billion in 2024 to $52.39 billion in 2025 at a CAGR of 4.7%
• Significant growth is predicted in the forecast period, with the market predicted to reach $64.61 billion by 2029 at a CAGR of 5.4%
• Key growth drivers in the forecast period includes emerging diseases, regulatory changes, global health policies, rising antibiotic resistance, and market expansion strategies.
What Is Driving The Growth In The Quinolones Market?
The incidence of infectious diseases witnessed a significant rise, contributing to the growth of the quinolones market. Infectious illnesses, induced by microbes such as parasites, fungi, bacteria, and viruses, are often treated with quinolones. For example, the World Health Organization observed an increase in newly diagnosed TB cases, from 6.4 million in 2021 to 7.5 million in 2022. The rising incidence of infectious diseases is driving the quinolones market demand.
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Who Are the Key Players Driving Quinolones Market Growth?
• Bayer AG
• Novartis AG
• Sanofi SA
• Merck & Co. Inc.
• LG Life Sciences
• Pfizer Inc.
• Viatris Inc.
• Lupin Limited
• Hikma Pharmaceuticals plc
• Zydus Group
• KYORIN Holdings Inc.
• Teva Pharmaceutical Industries Ltd.
• GSK plc
• Zee Laboratories
• Cipla Ltd.
• Geo Pharma Pvt. Ltd.
• Finecure Pharmaceuticals
• Novus
• AstraZeneca plc
• Sun Pharmaceutical Industries Ltd.
• Dr. Reddy's Laboratories Ltd.
• Cadila Healthcare Ltd.
• Glenmark Pharmaceuticals Ltd.
• Alkem Laboratories Ltd.
• Torrent Pharmaceuticals Ltd.
• Macleods Pharmaceuticals Ltd.
• Alembic Pharmaceuticals Ltd.
• Hetero Drugs Ltd.
• Wockhardt Ltd.
What Are The Key Trends In The Quinolones Market?
• Product innovation, with companies seeking to develop innovative products to sustain their market position
• New product development
• Changes in the regulatory landscape
What Are The Segments Of The Global Quinolones Market?
• By Type: Norfloxacin, Ofloxacin, Ciprofloxacin, Gemifloxacin, Other Types
• By Pathogen Type: Gram-Positive Pathogen, Gram-Negative Pathogen
• By Application: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Which Region Leads The Quinolones Market?
North America was the largest region in the quinolones market in 2024. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Quinolones Market Global Market Report?
- Market Size Analysis: Analyze the Quinolones Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Quinolones Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Quinolones Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Quinolones Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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