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Ursodeoxycholic acid market is expected to reach USD 346.2 million by 2026 | Key players include Arbil Chempharma, Daewoong Chemical, Arcelor Chemicals, Batavia Labs, Dipharma Francis, ICE, Erregierre

03-14-2019 02:04 PM CET | Health & Medicine

Press release from: Research Cosmos

/ PR Agency: Research cosmos
Ursodeoxycholic acid market is expected to reach USD 346.2

Ursodeoxycholic Acid Market Size and Growth Rate:
The global ursodeoxycholic acid market size was valued at US$ 346.2 million in 2017 and is expected to witness a CAGR of 7.0% over the forecast period (2018 – 2026).

Ursodeoxycholic Acid Market Overview:
Ursodeoxycholic acid (UDCA) is frequently being used for the operation of chronic cholestatic liver diseases. The increasing prevalence of cystic fibrosis and gallstones is a primary factor driving the growth of the global ursodeoxycholic acid market throughout the forecast period. According to the Cystic Fibrosis Foundation 2017 data, about 30,000 people experienced from cystic fibrosis in the USA alone. Furthermore, around 1,000 new evidence of cystic fibrosis are diagnosed in the nation, annually.

Browse details of 157 numbers of pages research report developed on Ursodeoxycholic Acid Market @ https://www.researchcosmos.com/reports/ursodeoxycholic-acid-market-analysis-by-dosage-form-solid-and-liquid-by-mode-of-extraction-synthetic/30283389

Ursodeoxycholic Acid Market Growth Drivers and Restraints:
Nevertheless, some side effects of UDCA are supposed to hinder the growth of the overall market. Diarrhea is the only most frequent adverse event during UDCA therapy in patients with gallstone disease. According to a study issued in the National Center for Biotechnology Information in 2017, diarrhea incidence in gallstone disease victims prescribed with UDCA was found to be in the range of 2%–8%. Other possible side effects include nausea, vomiting, itching or hard skin, headache, and sleep disturbances. Furthermore, these side effects are evident in pregnant females and its use must be avoided in the first three months of pregnancy.

The Ursodeoxycholic Acid is mainly available in two product types in the market, namely Synthetic UDCA and Extraction UDCA. Pharmacy and Health Product are the important statement scopes for the global market.

Ursodeoxycholic Acid Market Regional Analysis:
On the basis of region, the global ursodeoxycholic acid market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Europe is expected to generate a meaningful revenue share in the world market demand by the year 2026, owing to rising government support for liver diseases treatment. North America is another promising region for the market with increasing cases of related ailments, technological advances in the healthcare infrastructure and the rising awareness among the local population. For example, the American Liver Foundation is a national, non-profit group that is dedicated to the prevention, treatment, and medicine of various liver diseases through research, teaching, and advocacy.

Ask Free Sample of the report @ https://www.researchcosmos.com/request/ursodeoxycholic-acid-market-analysis-by-dosage-form-solid-and-liquid-by-mode-of-extraction-synthetic/30283389

Ursodeoxycholic Acid Market Key Players:
Some of the major players working in the global ursodeoxycholic acid market include Arbil Chempharma, Daewoong Chemical, Arcelor Chemicals, Batavia Labs, Dipharma Francis, ICE, Erregierre, Grindeks, Mitsubishi Tanabe, Suzhou Tianlu, Pharma Zell, and Zhangshanbelling.

Ursodeoxycholic Acid Market Segmentation:
By Dosage Form
• Solid
• Liquid
By Mode of Extraction
• Synthetic
• Biological

By Application
• Gallstones
• Cystic Fibrosis
• Liver Cirrhosis
• Others

By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

For any queries, inquire more @ https://www.researchcosmos.com/inquire/ursodeoxycholic-acid-market-analysis-by-dosage-form-solid-and-liquid-by-mode-of-extraction-synthetic/30283389

About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and disclose the hidden opportunities in every leading industry of the world.

Contact:
Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/

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