Levofloxacin
Market: Business overview, Upcoming Trends and Top Company Analysis Forecast -
2031
The global
levofloxacin market is anticipated to grow at a considerable CAGR of
5.5% during the forecast period (2024-2031). A major element driving market
expansion is hospital-acquired infection (HAI). Pneumonia, bloodstream
infection, surgical site infection, and urinary tract infection are among the
most frequent hospital-acquired infections. Government regulations to prevent
and control hospital infections, the need for disinfectants and disposable
safety goods to reduce the danger of infectious microorganisms will increase.
For instance, in 2018, the Centers for Disease Control and Prevention (CDC)
estimates that roughly 2 million people in the US are infected with
hospital-acquired diseases each year. The growth of the levofloxacin market is
also driven by an increase in the global geriatric population, as well as an
increase in the prevalence of chronic and infectious diseases. Lack of physical
activity, unsanitary conditions, and lifestyle changes will all contribute to
an increase in disease burden.
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As the
immune system is less active in the elderly, they are more susceptible to
infectious infections. As the prevalence of diseases rises, so will the demand
for various bacterial and infection drugs, driving up the demand for
levofloxacin products. Additionally, market is expected to increase as the
prevalence of kidney infections rises, biotechnology and pharmaceutical
companies engage more in R&D, and the demand for better treatment methods
grows. Furthermore, favorable reimbursement policies, greater use, and
considerable expenditures in the development of new technologies for disease
treatment are expected to drive levofloxacin market growth throughout the
forecast period.
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Market
Coverage
Segment
Covered-
Regions
Covered-
Competitive
Landscape- including Aden Healthcare, Allenge India Pharma, Alna Biotech Pvt. Ltd.,
Bestochem, DivineSavior.in and others.
Key
questions addressed by the report
o Deviation from the pre-COVID-19
forecast
o Most affected regions and segment
Global
Levofloxacin Market Report Segment
By
Infection Type
By
Distribution Channel
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