The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s quinolones market report forecasts the quinolones market size to grow to $56.42 Billion by 2027, with a CAGR (compound annual growth rate) of more than 4%.

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Quinolones Market Size Forecast
The global quinolones market is expected to grow from $46.02 billion in 2022 to $48.09 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global quinolones market size is expected to grow to $56.42 billion in 2027 at a CAGR of 4.1%.

North America held the largest quinolones market share.

Key Quinolones Market Driver ­– Rise In The Incidence Of Infectious Diseases
For example, the Pan American Health Organisation, a US-based international public health agency that works to improve the health and living standards of the people of the Americas, reported that approximately 10.6 million people became ill with tuberculosis (TB) in 2021, a 4.5% increase from 2020. As a result, the rising prevalence of infectious disorders will boost the quinolones market.

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Key Quinolones Market Trend – Product Innovation
To maintain their market position, major quinolones producers are working on producing innovative medicines. For example, the South Korean affiliate of Viatris, a US-based pharmaceutical business, developed Dovprela, a new drug-resistant tuberculosis treatment, in January 2023. Dovprela is a three-drug regimen consisting of bedaquiline, pretomanid, and linezolid (BPaL) used to treat adult patients with severely drug-resistant tuberculosis and treatment-resistant or non-responsive multidrug-resistant tuberculosis. Dovprela’s rapid anti-tuberculosis impact reduces the treatment term from 18-20 months to 5-6 months.

Quinolones Market Segment
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

Quinolones Market Major Players and Strategies
Major players in the quinolones market are Bayer AG, Novartis AG, Sanofi SA, Johnson & Johnson, Merck & Co Inc., LG Life Sciences, Allergan Inc., Pfizer Inc., Viatris Inc., Lupin Limited, Hikma Pharmaceuticals PLC., Zydus Group, Bausch Health Companies Inc., KYORIN Holdings Inc., MerLion Pharmaceuticals GmbH, and Teva Pharmaceutical Industries Ltd.

Allergan Inc., Pfizer Inc., Viatris Inc., Lupin Limited, Hikma Pharmaceuticals PLC., Zydus Group, Bausch Health Companies Inc., KYORIN Holdings Inc., MerLion Pharmaceuticals GmbH, and Teva Pharmaceutical Industries Ltd.

The Quinolones Global Market Report 2023 covers regional data on quinolones market size, quinolones market trends and drivers, opportunities, strategies, and quinolones market competitor analysis. The countries covered in the quinolones market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Quinolones are bactericidal antibiotics that destroy both gram-positive and gram-negative bacteria cells. Quinolones are antibiotics that are used to treat bacterial infections.

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