Cetirizine Hydrochloride Market Projected to witness a Single Digit CAGR during 2018 - 2026 By Top Key Players Johnson and Johnson, Mylan, Nicox S.A., Strides Shasun, Apotex, Teva UK Limited, Aurobindo Pharma
Get The PDF Brochure of This Business Report : https://www.coherentmarketinsights.com/insight/request-pdf/2069
Increasing prevalence of allergic conditions in children and adult population is major factor driving growth of the cetirizine hydrochloride market. According to the National Health Interview Survey (NHIS), 2014, around 8.4% of children under the age of 18 suffered from hay fever, 10% from respiratory allergies, 5.4% from food allergies, and 11.6% from skin allergies in the U.S. Furthermore, allergic conjunctivitis imposes economic and social burden on the affected population, thereby increasing the adoption of efficient treatment to curb the increasing healthcare costs. According to the Department of Ophthalmology and Visual Sciences, University of Wisconsin, 2013, an estimated 6 million people are affected by bacterial conjunctivitis, annually in the U.S. The total expenditure in treatment of the disease was reported around US $377 million to US$ 857 million, annually.
Increasing incidence of allergic rhinitis to drive growth of the market
High prevalence of allergic conditions such as allergic rhinitis, also known as hay fever is expected to propel growth of the cetirizine hydrochloride market. According to the American Academy of Allergy Asthma and Immunology, 2015, allergic rhinitis affects around 10% to 30 % of the population worldwide. Moreover, according to the International Study of Asthma and Allergies in Childhood (ISAAC), 2016, the prevalence of pollen allergy or hay fever in children between the age group is 12-14 was 22.1% worldwide, registering the highest rate of 33.3% in North America.
Increasing incidence of allergic eye symptoms and eczema is expected to bolster the market growth
Increased risks of developing allergic eye conditions with the onset of allergic rhinitis or hay fever is also a major factor driving the market growth. For instance, according to the survey conducted by Virtual Medical Center, around 97% of children diagnosed with allergic rhinitis or hay fever also have allergic eye symptoms. Moreover, the survey stated that around 56% children with asthma experience allergic eye symptoms, whereas 33% of children with eczema have allergic eye symptoms.
Major players operating in the global cetirizine hydrochloride market include, Johnson and Johnson, Mylan, Inc., Nicox S.A., Strides Shasun, Apotex, Inc., Teva UK Limited, Aurobindo Pharma Limited, Jubilant Life Sciences, Tris Pharma, Inc., and Cipla Ltd.
Request Customization : https://www.coherentmarketinsights.com/insight/request-customization/2069
According to the Nutrition and Health Department, 2015, atopic dermatitis (AD), also known as atopic eczema, is a common chronic inflammatory skin disease affecting 15-20% of children and 1-3% of adults worldwide. Thus, the increasing prevalence of allergic conjunctivitis and eczema is a major factor driving the market growth.
Key players in the market are focused on new product launch to enhance the market share. For instance, in 2014, McNeil Consumer Healthcare—a Johnson and Johnson Company— launched a convenient oral, dissolvable tablet to the Zyrtec portfolio of allergy-relief products. The tablets will be available for adults and children across major retailers and pharmacies.
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cetirizine Hydrochloride Market Projected to witness a Single Digit CAGR during 2018 - 2026 By Top Key Players Johnson and Johnson, Mylan, Nicox S.A., Strides Shasun, Apotex, Teva UK Limited, Aurobindo Pharma here
News-ID: 1798019 • Views: 335
More Releases from Coherent Market Insights - Pharmaceutical Industry
Radiopharmaceuticals in Nuclear Medicine Market Advancements to Watch Out For 20 …
Coherent Market Insights released a new market study on 2018-2026 Radiopharmaceuticals Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. Ask For Sample Copy of Research
Outsourced Drug Discovery Market: Latest Advancements & Market Outlook 2019 to 2 …
Outsourced drug discovery is a contract-based process, which is conducted by the contract research organizations (CRO) and contract manufacturing organization (CMO). Contract research organization provides support to pharmaceutical, biotechnology, and medical device industries for drug discovery and development. CRO facilitates the various services such as biopharmaceutical development, biologic assay development, preclinical research, clinical trials, and pharmacovigilance, for drug discovery and development. Ask For a Sample Copy of This Business Report @
Cannabis Testing Services Market: New Business Opportunities and Investment Rese …
Cannabis market is highly influenced by rigorous legalization efforts, which are aiming for approval of cannabis for medicinal or recreational purpose. Various governments and regulatory authorities are taking efforts to legalize cannabis, owing to its medicinal benefits. Moreover, commercialization of cannabis-based products under the legalized standards require successful cannabis testing, which further results in lucrative growth opportunity for market players. Ask For a Sample Copy of This Business Report @ https://www.coherentmarketinsights.com/insight/request-sample/2976 Market
Global Myelodysplastic Syndrome (MDS) Treatment Market Balenced To Reach Insigni …
Myelodysplastic syndrome (MDS) is a disorder, which affects the bone marrow and produces immature blood cells. Bone marrow failure leads to lowering the levels of healthy blood cells circulation in the bloodstream. According to Seattle Cancer Care Alliance, around 80%-85% of people with MDS have more cells in their bone marrow than healthy people. According to National Organization for Rare Disorders, MDS deteriorates into a form of cancer in around
More Releases for Cetirizine
Cetirizine Hydrochloride Market Set To Witness An Uptick During 2020-2030
This research study on "Cetirizine Hydrochloride market" reports offers the comparative assessment of Cetirizine Hydrochloride market and consist of Historical data, Significance, statistical data, size & share, Market Price & Demand, Business overview, Market Analysis By Product and Market Trends by Key Players. This Cetirizine Hydrochloride Market is Segmented in two type on the basis of type of materials and end-users. It has global market covered in all the regions,
Pharma and Cetirizine OTC Market Size, Share, Development by 2024
Market Research Report Store offers a latest published report on Pharma and Cetirizine OTC Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Pharma and Cetirizine OTC market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx
Asia-Pacific Cetirizine Hydrochloride Market Products, Services and Solutions
MarketResearchReports.Biz adds “Asia-Pacific Cetirizine Hydrochloride Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Cetirizine Hydrochloride and the growth estimates for the forecasted period. Cetirizine Hydrochloride (trade names Zirtec, Zyrtec, Reactine) is a second-generation antihistamine used in the treatment of hay fever, allergies, angioedema, and urticaria. It is a major metabolite of hydroxyzine, and a racemic selective H1 receptor
Global Cetirizine Hydrochloride Market Forecast 2018-2025 Pfizer, J & J, Mylan, …
Survey Cetirizine Hydrochloride Market 2018 A market study "Global Cetirizine Hydrochloride Market" examines the performance of the Cetirizine Hydrochloride market 2018. It encloses an in-depth Research of the Cetirizine Hydrochloride market state and the competitive landscape globally. This report analyzes the potential of Cetirizine Hydrochloride market in the present and the future prospects from various angles in detail. The Global Cetirizine Hydrochloride Market 2018 report includes Cetirizine Hydrochloride market Revenue, market Share,
Cetirizine Hydrochloride 2017 Sales Analysis, Growth Analysis, Demand Analysis & …
Qyresearchreports include new market research report 2017-2022 Cetirizine Hydrochloride Report on United States and Global Market, Status and Forecast, by Players, Types and Applications to its huge collection of research reports. This report on the global Cetirizine Hydrochloride market is a business tool aspiring to aid its targeted audiences, stockholders of this market, by providing information for better decision making. Developed by a group of professional and experienced research analysts, the
Cetirizine Hydrochloride Market 2017- UCB Pharma, Pfizer, J & J, Mylan
Cetirizine Hydrochloride Market 2017 Industry research report provides important information to identify and analyze the market need, market size and competition. This market research report used in maintaining competitiveness over competitors. Cetirizine Hydrochloride (trade names Zirtec, Zyrtec, Reactine) is a second-generation antihistamine used in the treatment of hay fever, allergies, angioedema, and urticaria. It is a major metabolite of hydroxyzine, and a racemic selective H1 receptor antagonist. Second-generation antihistamines like cetirizine