Press release
Steroid-Corticosteroids Market Report Offers Significant Industry Observation, Market Prospect and Essential Developments by Top Key Players
Corticosteroids are a class of steroidal hormones that are produced in the adrenal cortex and are used to treat a variety of disease states such as kidney disease, autoimmune disease, brain edema, skin disease, GIT disease, In addition, these steroids are used in organ transplantation and alternative therapies.Factors such as increased chronic and infectious diseases (cancer, respiratory diseases, skin diseases, neurological diseases and gastrointestinal diseases), increased drug tolerance and low cost of products are driving market growth. In addition, the increase in therapeutic product applications promotes the growth of the corticosteroid market.
However, side effects associated with corticosteroids (cataracts, hyperglycemia, thinning of the bones, high risk of infection) inhibit market growth. Continued R & D activities in the pharmaceutical industry are expected to create new opportunities during the market forecast period.
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List of players profiled in the report
• GlaxoSmithKline plc
• Novartis
• AstraZeneca
• Cipla
• Merck & Co., Inc.
• Sumitomo Corporation
• Johnson and Johnson
• Pfizer Inc.
• Sanofi
• Abbott Laboratories
The steroid-corticosteroids market is segmented based on type, class, end user, and geography. By type, it is categorized into cream, injection, and others. Based on class, it is segmented into glucocorticoids and mineralocorticoids. By end user, it is classified into hospitals, clinics, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key Benefits
• The study provides an in-depth analysis of the steroid-corticosteroids market, with current trends and future estimations to elucidate the investment pockets.
• Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
• The report offers a quantitative analysis to assist the stakeholders to capitalize on prevailing market opportunities.
• Extensive analysis of different segments facilitates to determine various products available in the market.
• Key players are profiled and their strategies are analyzed thoroughly to predict the competitive market outlook.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market
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