Press release
Inhaled Nitric Oxide Market to hit 1490 million US$ by 2025: QY Research, Inc.
A market research report is a perfect tool for digging deep into critical aspects of the global Inhaled Nitric Oxide market and closely understanding factors that influence its growth. Our research analysts are experienced enough to provide you with the right information about the global Inhaled Nitric Oxide market to help your business propel forward in the coming years. What makes us different from other market researchers is our high level of analysis that helps you to identify key opportunities available in the global Inhaled Nitric Oxide market. The report provides every bit of information about the global Inhaled Nitric Oxide market related to major market segments, vendor landscape, geographical growth, and other significant factors.The global Inhaled Nitric Oxide market is valued at 780 million US$ in 2018 is expected to reach 1490 million US$ by the end of 2025, growing at a CAGR of 8.4% during 2019-2025.
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Nitric oxide is a chemical compound in gas form that is sometimes used to treat infants with severe breathing problems associated with narrow blood vessels in the lungs. It works by relaxing smooth muscle to widen (dilate) blood vessels, especially in the lungs. Nitric oxide is usually used together with a breathing machine (ventilator).
Inhaled nitric oxide (iNO) is recognized as a potent and selective pulmonary vasodilator that does not decrease systemic vascular tone. The therapeutic application of iNO in human was first described in 1990s. INO therapy was effective to improve oxygenation in infants with persistent pulmonary hypertension of the newborn (PPHN). Owing to its selective pulmonary vasodilator effects, iNO therapy is an important treatment for term newborns with hypoxemic respiratory failure due to PPHN. The Food and Drug Administration of the United States of America first approved iNO in 1999 for use as a medical gas to treat hypoxic respiratory failure associated with clinical or echocardiographic evidence of pulmonary hypertension in term and late preterm neonates. Thereafter, iNO therapy is clinically applied to treat PPHN in term and late preterm neonates without consensus.
The market is highly concentrated, with high technical and professional level. Key vendors in this market are Mallinckrodt, Praxair and Air Liquide, they are taking up to 91.19% market share in 2017. Inhaled Nitric Oxide types commonly used in this market are 800 ppm and 100 ppm, small players tend to produce lower purity products, such as 1000 ppm or so.
According to the research, North America and Europe comprised the biggest consumption areas. Other markets like Japan and China are growing relatively slow.
Though the gross margin is high, but with complex production process and acquisition between enterprises, we tend to believe that this market is going to keep the monopoly status in the forecast period.
This report focuses on Inhaled Nitric Oxide volume and value at global level, regional level and company level. From a global perspective, this report represents overall Inhaled Nitric Oxide market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Major Key Manufacturers of Inhaled Nitric Oxide Market are:
Mallinckrodt
Praxair
Air Liquide
Inhaled Nitric Oxide market includes market size, segmentation data and geographical analysis of market growth trends, leading companies, and microeconomic information.
Major Classification as follows:
99.92% Purity
99.99% Purity
Other
Major Application as follows:
ARDS
PPHN
Other Diseases
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Regions Covered in the Global Inhaled Nitric Oxide Market:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Few of the questions answered through the report
(1) How will the global Inhaled Nitric Oxide market performance during the forecast period? What will be the market size in terms of value and volume?
(2) Which segment will drive the global Inhaled Nitric Oxide market? Which regional market will show extensive growth in the future? What are the reasons?
(3) How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
(4) What are the key strategies adopted by players to sustain themselves in the global Inhaled Nitric Oxide market?
(5) How will these strategies influence market growth and competition?
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QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from the huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in the consulting industry.
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Rutuja Karwa
QY Research, INC.
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