Press release
Hydroxychloroquine Market Report 2020-30: Future Demand And Growth | Factors And Developments | Top Player Analysis - Bayer AG, Dr. Reddy`s Laboratories, Zydus Cadila
The global hydroxychloroquine market is expected to grow from $718 million in 2019 to $980.1 million in 2020 at a compound annual growth rate (CAGR) of 36.5%. The growth is mainly attributed to the COVID-19 outbreak and the urgent need to treat the growing number of cases. With no effective therapeutics discovered so far, some of the existing drugs including hydroxychloroquine have been repurposed for COVID-19 infection treatment. The market is then expected to stabilize and reach $1,281.3 million in 2023 at a CAGR of 9.3%.
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The hydroxychloroquine market consists of revenue generated by establishments through the sales of hydroxychloroquine drugs. It is an antimalarial drug used for the treatment of malaria, systemic lupus erythematosus (SLE), and rheumatoid arthritis. Hydroxychloroquine is used in combination with antibiotic azithromycin as a potential treatment for COVID-19.
The increasing number of coronavirus cases has increased the demand for hydroxychloroquine in 2020. The demand for hydroxychloroquine is growing attributing to its use in the treatment of COVID-19 patients and in the ongoing clinical trials.
Hydroxychloroquine Market Segmentation: -
By Drug Activity
1. Anti-Malarial Drug
2. Anti-Rheumatic Drug
3. Lupus Suppressant Drug
4. Anti COVID19 Drug
5. Others
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Few Points From Table Of Content
1. Executive Summary
2. Hydroxychloroquine Market Characteristics
3. Hydroxychloroquine Market Size And Growth
4. Hydroxychloroquine Market Segmentation
5. Hydroxychloroquine Market Regional And Country Analysis
………………
25. Hydroxychloroquine Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Hydroxychloroquine Market
27. Hydroxychloroquine Market Trends And Strategies
28. Hydroxychloroquine Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the hydroxychloroquine market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the hydroxychloroquine market are Bayer AG, Dr. Reddy`s Laboratories, Zydus Cadila, Ipca Laboratories Ltd., Wallace Pharma, Teva, Mylan, Novartis, Intas Pharmaceuticals.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧:
The COVID-19 pandemic has reshaped industries worldwide, and pharmaceuticals are no exception. Hydroxychloroquine, once hailed as a potential treatment for COVID-19, saw a surge in demand, triggering a significant impact on its market dynamics. In this blog, we delve into the Global Hydroxychloroquine Market, analyzing its size, share, and the influence of COVID-19 on various factors such as resin type, application, technology, end-use industry, and regional trends.
𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐇𝐲𝐝𝐫𝐨𝐱𝐲𝐜𝐡𝐥𝐨𝐫𝐨𝐪𝐮𝐢𝐧𝐞:
Hydroxychloroquine, primarily used…
