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Quinolones Market

Market Insights on Quinolones covering sales outlook, demand forecast & up-to-date key trends

Quinolones Market By Type (Levofloxacin, Ciprofloxacin, Norfloxacin , Ofloxacin), Form (Tablets, Capsules And Liquid) & Region - Forecast 2022-2032

Quinolones Market Overview

The quinolones market is projected to register a CAGR of 4% during the forecast period, up from US$ 46.7 Bn in 2021 to reach a valuation of US$ 72 Bn by 2032.

The quinolones market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfil the demand for quinolones making them more accessible to customers in the global quinolones market.

A quinolone antibiotic is a broad-spectrum bactericide that has a bicyclic core structure with the chemical 4-quinolone. Quinolones are used to treat bacterial infections in both veterinary and human medicine, as well as in animal husbandry. Quinolones are classified into five distinct classes, one of which is antibiotics. Quinolones are effective against bacterial infections of the skin, stomach, lungs, sinuses, and urinary tract.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 46.7 Billion

Expected Market Value (2022)

US$ 48.5 Billion

Anticipated Forecast Value (2032)

US$ 72 Billion

Projected Growth Rate (2022-2032)

 4% CAGR

Sales of quinolones are expected to rise significantly. In addition to this, demand for quinolones is rising on account of US$ 56.8 Bn by 2026. Increasing demand for quinolones is also projected to contribute to the growth of the quinolones market share.

Quinolones can interfere with human DNA synthesis due to their ability to impede nucleic acid synthesis. Humans have the same fundamental nucleic acid contents as bacteria. Quinolone antibiotics are becoming more widely available. Manufacturers who are innovative in the pharmaceutical market are developing new antibiotics to increase the sales of quinolones. For example, by adding fluoride to the original quinolone antibiotic molecules, a new family of antibiotics was created.

Manufacturers in the quinolones market get a big platform from which to serve the whole demand for quinolones. The worldwide quinolones market is seeing increased competition. With growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for quinolones more accessible to customers. 

Johnson & Johnson Services, Inc., Sanofi S.A., Bayer AG, Merck & Co, Inc., Allergan, Inc., Novartis AG, and LG Chem (LG Life Sciences) are some of the leading participants in the quinolones market.

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What are the Key Dynamics to the Quinolones Market Share?

Several quinolones are currently available for the treatment of animals worldwide, including poultry and fish. At the same time, it is also utilized as a disease preventative in many places, these properties of quinolones aid to drive the existing demand for quinolones market and also help to produce opportunities for good sales of quinolones to the manufacturers throughout the anticipated time. 

Increased demand for quinolones due to their low price, which includes fewer side effects, good oral absorption, easier once- or twice-daily dosage, easier tissue penetration, and broad-spectrum activity against several pathogenic bacterial strains, helps to fuel current sales of quinolones and also creates an opportunity for the quinolones market

Other factors driving the sales of quinolones include the rising prevalence of multidrug-resistant bacteria, which raises public health concerns and creates opportunities for medication producers. The European Medicines Agency's pharmacovigilance risk assessment committee has suggested restricting the sales of quinolones antibiotics by mouth, inhalation, or injection due to their long-lasting adverse effects. 

There are certain rare side effects, such as impairing the muscles, bones, tendons, and nervous system. This constraint may limit the growth of quinolones market share in the anticipated time while also lowering sales of quinolones in the present era. As a result, numerous producers are exiting the quinolones market, and the overall market size is shrinking. 

Thus, producers may enhance sales of quinolones in pharmaceuticals via invention and development and minimize major adverse effects for customers. This innovation in the quinolones market of pharmaceuticals serves to pave the way for future opportunities and also helps to fulfill the pharmaceutical demand for quinolones.

Nandini Roy Choudhury
Principal Consultant
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Which is the Key Quinolones Market?

The worldwide sales of quinolones may be split geographically into North America, Asia Pacific (APAC), Europe, Latin America, the Middle East and Africa, and the Rest of the World (RoW). Whereas North America and the Asia Pacific now maintain sizable demand for quinolones in the global quinolones market.

Whereas in Europe, numerous agencies conduct research and development on pharmaceutical products and their effects, they discovered the impact on demand for quinolones, which are not beneficial. As a result, the quinolones market in the European area is unlikely to increase at a profitable rate assuring moderate sales of quinolones.

How Strong is the Competition in the Quinolones Market?

Johnson & Johnson Services, Inc., Sanofi S.A., Bayer AG, Merck & Co, Inc., Allergan, Inc., Novartis AG and LG Chem (LG Life Sciences) are some of the leading participants in the quinolones market.

Recent developments of the Quinolones Market:

  • Melinta Therapeutics, Inc. launched Baxdela (delafloxacin) in January 2018. Baxdela is an oral fluoroquinolone used to treat adult patients with susceptible bacterial acute bacterial skin and skin structure infections (ABSSSI). Baxdela's introduction provides a new therapy alternative and accelerates the company's expansion in the infection therapies space.
  • In September 2019, KYORIN Holdings, Inc. announced that the Japanese Ministry of Health, Labor, and Welfare approved Lasvic (lascufloxacin hydrochloride), a novel quinolone antibacterial agent indicated as a first-line monotherapy for the treatment of community-acquired respiratory and ENT infections. Lasvic's approval is a significant milestone in the company's efforts to combat the rising danger of antimicrobial resistance and offer patients with appropriate treatment alternatives.

Report Scope

Report Attribute

Details

Growth rate

CAGR of 4% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis,

Segments covered

Type, form, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

  • Johnson & Johnson Services, Inc.
  • Sanofi S.A.
  • Bayer AG
  • Merck & Co, Inc.
  • Allergan, Inc.
  • Novartis AG
  • LG Chem (LG Life Sciences)

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

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Key Segments For Quinolones Market

By Type:

  • Levofloxacin
  • Ciprofloxacin
  • Norfloxacin,
  • Ofloxacin
  • Enoxacin,
  • Sparfloxacin,
  • Others (gemifloxacin, moxifloxacin. grepafloxacin,)

By Form:

  • Tablets
  • Capsules
  • Liquid

By Region:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Frequently Asked Questions

The quinolones market is predicted to register a CAGR of 4% during the forecast period.

Key players holding substantial quinolones market share include Johnson & Johnson Services, Inc., Sanofi S.A., Bayer AG, Merck & Co, Inc., Allergan, Inc., Novartis AG and many more.

As per the analysis, the quinolones market share is likely to be US$ 56.8 Bn by 2026.

Other factors driving the sales of quinolones include the rising prevalence of multidrug-resistant bacteria, which raises public health concerns and creates opportunities for medication producers.

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Nandini Roy Choudhury
Principal Consultant
LinkedIn
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