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Key Factor Supporting Quinolones Market Development in 2025: Quinolones Market Surge Is A Strategic Response To Escalating Incidence Of Infectious Diseases
Quinolones
How Large Will the Quinolones Market Size By 2025?
In the past few years, the quinolones market has been increasing consistently. It is predicted to escalate from a value of $50.05 billion in 2024 to $52.39 billion in 2025, delivering a compound annual growth rate (CAGR) of 4.7%. The expansion experienced during the historical period can be credited to factors such as the demand and utilization of antibiotics, the approval from regulatory bodies, research and development activities, competition in the market, and patent expirations.
How Big Is the Quinolones Market Size Expected to Grow by 2029?
We can anticipate considerable expansion in the quinolones market in the coming years. The market is projected to reach a value of $64.61 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.4%. Factors contributing to this growth during the forecast period can be cited as the emergence of new diseases, alterations in regulatory frameworks, worldwide health policies, a surge in antibiotic resistance, and strategies for market expansion. The period is also likely to witness significant trends such as the introduction of novel products and amendments in the regulatory scenario.
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Which Key Market Drivers Powering Quinolones Market Expansion and Growth?
The quinolones market is greatly bolstered by the increasing prevalence of infectious diseases. Such diseases, prompted by several microorganisms including parasites, fungi, bacteria, and viruses, are effectively treated by quinolones, particularly those illnesses caused by bacteria such as tuberculosis and urinary tract infections. As an example, the World Health Organization, based in Switzerland, reported in its November 2023 Global Tuberculosis Report a spike in newly diagnosed TB cases globally - 7.5 million recorded in 2022 in contrast to 6.4 million in 2021. As such, the escalating prevalence of infectious diseases is anticipated to stimulate the quinolones market.
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Which Fast-Growing Trends Are Poised to Disrupt the Quinolones Market?
The quinolones market is increasingly witnessing product innovation as a prominent trend. To maintain their marketplace standings, leading companies involved in the quinolones market are channelising efforts towards the creation of exceptional products. The South Korean unit of Viatris, an American pharmaceutical firm, is a case in point. In January 2023, it introduced Dovprela, an innovative treatment for drug-impervious tuberculosis. This three-drug regimen which consists of bedaquiline, pretomanid, and linezolid (BPaL), is aimed at treating mature patients suffering from multi-drug resistant TB which has proven therapy-resistant or non-responsive. The effectiveness of Dovprela against tuberculosis reduces the duration of treatment from 18-20 months down to 5-6 months.
What Are the Emerging Segments in the Quinolones Market?
The quinolones market covered in this report is segmented -
1) By Type: Norfloxacin, Ofloxacin, Ciprofloxacin, Gemifloxacin, Other Types
2) By Pathogen Type: Gram-Positive Pathogen, Gram-Negative Pathogen
3) By Application: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Norfloxacin: Indications, Dosage Forms
2) By Ofloxacin: Indications, Dosage Forms
3) By Ciprofloxacin: Indications, Dosage Forms
4) By Gemifloxacin: Indications, Dosage Forms
5) By Other Types: Various Formulations, Indications
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Who Are the Global Leaders in the Quinolones Market?
Major companies operating in the quinolones market include 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.
Which are the Top Profitable Regional Markets for the Quinolones Industry?
North America was the largest region in the quinolones market in 2024. The regions covered in the quinolones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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