Global Hydroxychloroquine Drugs Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Coronavirus Disease (COVID-19), Malaria, Lupus Erythematosus, and Rheumatoid Arthritis.

By Distribution Channel;

Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn100309150 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Hydroxychloroquine Drugs Market (USD Million), 2021 - 2031

In the year 2024, the Global Hydroxychloroquine Drugs Market was valued at USD 1,339.94 million. The size of this market is expected to increase to USD 2,082.26 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.

The global hydroxychloroquine drugs market has experienced significant fluctuations in recent times, primarily due to its association with the COVID-19 pandemic. Initially used as a potential treatment for COVID-19, hydroxychloroquine garnered widespread attention, leading to a surge in demand and market growth. However, subsequent clinical trials and research findings questioned its efficacy and safety in treating the virus, resulting in a decline in demand and market volatility. Despite this, hydroxychloroquine continues to be widely prescribed for its established uses in treating autoimmune diseases like rheumatoid arthritis, lupus, and certain types of malaria, sustaining a baseline level of demand in the market.

The market dynamics of hydroxychloroquine drugs are also influenced by factors such as regulatory changes, drug pricing, and competition from alternative treatments. Regulatory agencies have imposed restrictions on the use of hydroxychloroquine for COVID-19 treatment based on emerging evidence and safety concerns, impacting its market access and sales. Additionally, fluctuations in drug pricing and reimbursement policies affect market revenue and profitability for manufacturers and healthcare providers. Competition from newer medications and alternative therapies further adds complexity to the market landscape, driving companies to innovate and differentiate their hydroxychloroquine products to maintain market share.

Looking ahead, the global hydroxychloroquine drugs market is expected to stabilize as the focus shifts back to its established therapeutic uses and away from COVID-19 treatment. However, ongoing research into the drug's mechanisms of action and potential applications may uncover new opportunities for market expansion. Additionally, efforts to improve drug formulations, enhance patient adherence, and explore combination therapies could further drive market growth. As healthcare systems continue to address the needs of patients with autoimmune diseases and malaria, hydroxychloroquine drugs are poised to remain a valuable component of treatment strategies, albeit with a more tempered market outlook compared to the pandemic-induced surge.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Hydroxychloroquine Drugs Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. COVID-19 Pandemic Demand Surge
        2. Established Therapeutic Uses
        3. Continued Research and Development
      2. Restraints
        1. Regulatory Restrictions and Safety Concerns
        2. Market Volatility
        3. Competition from Alternatives
      3. Opportunities
        1. Focus on Established Uses
        2. Innovation and Formulation Improvements
        3. Exploring Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hydroxychloroquine Drugs Market, By Application, 2021 - 2031 (USD Million)
      1. Coronavirus Disease (COVID-19)
      2. Malaria
      3. Lupus Erythematosus
      4. Rheumatoid Arthritis
    2. Global Hydroxychloroquine Drugs Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hospital Pharmacies
      2. Retail Pharmacies
      3. Online Pharmacies
    3. Global Hydroxychloroquine Drugs Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Sanofi
      2. Novartis AG
      3. Teva Pharmaceutical Industries Ltd.
      4. Mylan N.V.
      5. Zydus Cadila
      6. Ipca Laboratories Ltd.
      7. Cipla Inc.
      8. Sun Pharmaceutical Industries Ltd.
      9. Taj Pharmaceuticals Ltd.
      10. Sandoz International GmbH
  7. Analyst Views
  8. Future Outlook of the Market