Hydroxychloroquine Global Market Report 2020-30: Covid 19 Implications and Growth from Publisher provides the strategists, marketers and senior management with the critical information they need to assess the global hydroxychloroquine market.
This report focuses on hydroxychloroquine market which is experiencing strong growth. The report gives a guide to the hydroxychloroquine market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
The global hydroxychloroquine market is expected to grow from $718 million in 2019 to $980.1 million in 2020 at a compound annual growth rate (CAGR) of 36.5%. The growth is mainly attributed to the COVID-19 outbreak and the urgent need to treat the growing number of cases. With no effective therapeutics discovered so far, some of the existing drugs including hydroxychloroquine have been repurposed for COVID-19 infection treatment. Hydroxychloroquine is found to be effective against coronavirus in laboratory studies and in-vivo studies. The market is then expected to stabilize and reach $1,281.3 million in 2023 at a CAGR of 9.3%.
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Bayer AG,Dr. Reddy’s Laboratories,Zydus Cadila,Ipca Laboratories Ltd.,Wallace Pharma,Teva,Mylan,Novartis,Intas Pharmaceuticals,Lupin Limited,Shanghai Zhongxisanwei,Torrent Pharma,BSE healthcare,HIKMA,Sandoz,IPCA Laboratories,Cipla Limited,Shanghai Pharma,Shenhua Pharm
The hydroxychloroquine market consists of revenue generated by establishments through the sales of hydroxychloroquine drugs. It is an antimalarial drug used for the treatment of malaria, systemic lupus erythematosus (SLE), and rheumatoid arthritis. Hydroxychloroquine is used in combination with antibiotic azithromycin as a potential treatment for COVID-19.
North America is anticipated to be the largest region in the global hydroxychloroquine market by the end of 2020. Asia Pacific is expected to be the fastest-growing region in the forecast period.
The hydroxychloroquine market covered in this report is segmented by drug activity into anti-malarial; anti-rheumatic; lupus suppressant; anti Covid 19; others. It is also segmented by formulation into tablets; injection, by application into malaria; rheumatoid arthritis; lupus erythematosus; Covid-19; others and by distribution channel into hospital pharmacy; online pharmacy; specialty drug stores; retail pharmacy.
1) By Drug Activity: Anti-Malarial; Anti-Rheumatic; Lupus Suppressant; Anti COVID19; Others
2) By Formulation: Tablets; Injection
3) By Application: Malaria; Rheumatoid arthritis; Lupus Erythematosus; COVID-19; Others
4) By Distribution Channel: Hospital pharmacy; Online pharmacy; Specialty drug stores; Retail pharmacy
Companies Mentioned: Bayer AG; Dr. Reddy’s Laboratories; Zydus Cadila; Ipca Laboratories Ltd.; Wallace Pharma
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
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Across the globe, several regions like North America, Latin America, Asia-Pacific, Europe, and Africa have been studied on the basis of sale and profit margin. Some significant key players have been profiled to get informative data to make informed decisions in the businesses. It makes use of info graphics, graphs, charts, tables, and pictures. For an effective and accurate business outlook, the report on the global Hydroxychloroquine market examined details of the changing trends adopted by the top level companies.
Major highlights of the report:
- An all-inclusive evaluation of the parent market
- The evolution of significant market aspects
- Industry-wide investigation of market segments
- Assessment of the market value and volume in the past, present, and forecast years
- Market share evaluation
- Study of niche industrial sectors
- Tactical approaches of the market leaders
- Lucrative strategies to help companies strengthen their position in the market.
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