India ofloxacin market is expected to grow at a steady rate during the forecast period. The India ofloxacin market is driven by high prevalence of bacterial infections in the country. Additionally, increasing resistance by bacteria and mounting requirement for advanced drugs in order to treat bacterial infection caused by pathogens sensitive to ofloxacin is expected to boost the product demand through FY2026. High suitability of the drug for the treatment of skin and soft tissue infections is further predicted to increase the market growth in the years to come.
The India ofloxacin market is segmented based on source, form, route of administration, distribution channel, application, end user, company, and region. Based on form, the market is segmented into tablet, capsule, cream, syrup, injection, eye and ear drops. Among them, the tablet segment was the dominant segment in the market until FY2020 and is further projected to maintain its leading position over the forecast period as well which is attributable to their ease of availability and usage as compared to other alternatives. Besides, properties such as high stability of tablets and longer shelf life are further boosting the segmental growth in the years to come.
The major players operating in the India ofloxacin market are Alkem Laboratories Ltd., Avalanche Pharmaceutical Pvt. Ltd., Bestochem Formulations (India) Ltd., Bennet Pharmaceuticals Ltd., Emcure Pharmaceuticals Ltd., Wockhardt Limited, Intra Labs India Pvt. Ltd., Melody
Years considered for this report
Historical YearsFY2016-FY2019
Base YearFY2020
Estimated YearFY2021
Forecast PeriodFY2022–FY2026
Objective of the Study
- To analyze and estimate the market size of India ofloxacin market from FY2016 to FY2019.
- To estimate and forecast the market size of India ofloxacin market from FY2020 to FY2026 and growth rate until FY2026.
- To classify and forecast India ofloxacin market based on source, form, route of administration, distribution channel, application, end user, company, and regional distribution.
- To identify dominant region or segment in the India ofloxacin market.
- To identify drivers and challenges for India ofloxacin market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India ofloxacin market.
- To identify and analyze the profile of leading players operating in India ofloxacin market.
- To identify key sustainable strategies adopted by market players in India ofloxacin market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of
Key Target Audience
- Ofloxacin manufacturers/ suppliers/ distributors
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to ofloxacin
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.