2021-2026 Escitalopram Oxalate Market Research: Global Industry Analysis and Forecast | Companies: Xian.-Janssen, JEWIM PHARMA, Ke Lun, Dr Reddy's, HUAHAI, Nishchem

The global Escitalopram Oxalate market size is projected to grow from 2020 to 2026. The demand for Escitalopram Oxalate can be attributed to evaluate the efficacy and safety of most selective serotonin reuptake inhibitor drug, escitalopram, in delaying ejaculation in patients with premature ejaculation (PE), growth of the manufacturing sector, increasing production and growing capacity in healthcare industry, and healthy growth of pharmaceutical and food & beverage industry in developing countries, are supporting the growth of the Escitalopram Oxalate market.

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Pandemic impact on the Global Escitalopram Oxalate Market:

At the end of 2019, COVID-19 began to erupt in China, Due to the huge decrease of global economy; we forecast the growth rate of global economy will show a decrease of about 4%, due to this reason, Escitalopram Oxalate market size in 2021 will be lower than in previous years.

As of the date of the report, there have been more than 20 million confirmed cases of CVOID-19 worldwide, and the epidemic has not been effectively controlled. Therefore, we predict that the global epidemic will be basically controlled by the end of 2021. The declining prices, supply-demand gap, and COVID-19 pandemic impact had severe impact on the Escitalopram Oxalate market. Due to the COVID-19 pandemic, the demand for Escitalopram Oxalate has been increasing due to rise in the healthcare throughput, suspension of manufacturing activities, disruption of supply chain, and postponement of the expansion projects across the globe. However, during pandemic period, the growing demand from the food & beverage, and pharmaceutical industries supports to offset the marginal decline in demand caused due to slowdown in the manufacturing sector across the globe.

Global Escitalopram Oxalate Market Dynamics:

Escitalopram, sold under the brand names Cipralex and Lexapro, among others, is an antidepressant of the selective serotonin reuptake inhibitor class. Escitalopram is mainly used to treat major depressive disorder or generalized anxiety disorder. It is taken by mouth. Escitalopram is used to treat depression and anxiety. It works by helping to restore the balance of a certain natural substance (serotonin) in the brain. Escitalopram belongs to a class of drugs known as selective serotonin reuptake inhibitors (SSRI).

The report recognises major industry vendors, key regions, demand & supply, applications, innovations, revenue costs, and challenges. Information according to global Escitalopram Oxalate market segments such as geographies, applications, and industry by considering major players has been given. The report shows market effect factors analysis that precisely emphasizes technology progress/risk, consumer needs/customer preference changes, technology progress in a related industry that draws the growth factors of the market.

The evident quantitative as well as qualitative insights about the Global Escitalopram Oxalate market are covered in the report along with forecast analysis of all the Global Escitalopram Oxalate market that expected to modify the market in the future are described in detail. The segmental analysis also highlights details about different aspects that will influence the market.

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Escitalopram Oxalate Market Players:

Xian.-Janssen
JEWIM PHARMA
Ke Lun
Dr Reddy's
HUAHAI PHARMACEUTICAL
Nishchem International Pvt

Product Type Segmentation:

Oral Liquid
Tablet
Other

Industry Segmentation:

Treat Depression
Treat Obsessive-Compulsive Disorder
Treat Anxiety

Segmentation by Regions:

On the basis of Regional analysis, North America and Europe holds major share in global Escitalopram Oxalate market. Moreover, Asia-Pacific is expected to record higher growth rate in Escitalopram Oxalate Market during the forecast year.

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Top Industry News:

Dr. Reddy's Laboratories announces the launch of Lansoprazole DR Orally Disintegrating Tablets in the U.S. Market on 22 Febraury, 2021 -- Dr. Reddy’s Laboratories Ltd. today announced the launch of Lansoprazole DR Orally Disintegrating Tablets a therapeutic equivalent generic version of Prevacid SoluTab DelayedRelease Orally Disintegrating Tablets, 15 mg and 30 mg, approved by the U.S. Food and Drug Administration (USFDA).

The Prevacid brand and generic had U.S. sales of approximately $87 million MAT for the most recent twelve months ending in December 2020 according to IMS Health.

Dr. Reddy’s Lansoprazole DR Orally Disintegrating Tablets are available in 15 mg and 30 mg tablets in unit-dose packages of 100 (10 x 10).

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