Surge Demand on Hydroxychloroquine Due to Covid-19 Pandemic |Major Operating Companies like Ipca, Cadila, Novartis, Hikma Pharmaceuticals, Sanofi etc.

Hydroxychloroquine is the drug which is mainly used to prevent and treat malaria, rheumatoid arthritis, porphyria cutanea tarda, and lupus. Also, it is used for the treatment of corona Virus (COVID -19) Hydrsoxychloroquine is commonly called as Plaquenil. Ipca, and Cadila are the top manufacturers of hydroxychloroquine (Plaquenil).

The synopsis covers a description, its noteworthy applications, and the production technology that is utilized. The global Hydroxychloroquine market analysis comprises a thorough understanding of the competitive scenario, current trends in the industry, and substantial regional standing. The report studies the value margins of the product as well as the risk features that are linked with the producers. The study of the market has been directed by evaluating 2019 as the base year and the forecast period stretches over till 2027.

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Increase in prevalence of malaria, and rheumatoid arthritis is expected to boost the hydroxychloroquine market growth. Furthermore, rise in incidence of corona virus is expected to propel the hydroxychloroquine market growth, in this forecast period. For instance,in April 2020 according to ICMR (Indian Medical Council Medical Research) around 1,30,000 samples have been tested. Moreover, Increase in demand for hydroxychloroquine for treatment of COVID-19 is expected to fuel the hydroxychloroquine market. For instance, in March 2020, Novartis had announced to donate around 130 million doses of hydroxychloroquine for the treatment of COVID -19.However, severe side effects such as irregular heart rhythm is expected to hamper the hydroxychloroquine market growth.

Some of the major players operating in the global Hydroxychloroquine market were identified and subsequently profiled from different regions. Their offerings, latest product launches, distribution channel, and regional and global presence are also provided. Moreover, the average revenues garnered by these identified players are used to ascertain the overall size of the market. A top-down procedure is used to calculate the overall size of the market sub-segments. The entire study of the market was done by taking financial reports and annual data of the leading players and extensive interviews are undertaken of various CEOS, Directors, VPs, and other leaders in the industry.

Top Companies in Hydroxychloroquine Market
o Ipca Laboratories
o Cadila Healthcare
o Hikma Pharmaceuticals
o Novartis
o Sanofi
o Actavis (TEVA )
o Apotex Corporation
o Mylan
o Concordia Healthcare
o Cardinal Health
o Covis Pharmaceutical
o Aphena Pharma
o Cinkate Corporation
o Zydus Cadila
o AvKARE (Amneal Pharmaceuticals)
o Bristol Laboratories
o Taj Pharmaceuticals
o Advanz Pharma
o Sun Pharma
o Shanghai Pharmaceuticals Holding
o Hanlim Pharmaceutical
o Kyung Poong

Regional Description

The estimate and analysis of the Hydroxychloroquine Market have been conducted on a regional as well as global level. On the basis of regions, the market has been studied in North America, Latin America (LATAM), Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA). The report has included the market in each of these regions expansively, with a detailed analysis of the latest outlook, trends, and growth opportunities.

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