Global Hydroxychloroquine Market Is Growing Rapidly as Sanofi and Teva Pharmaceutical announces to donate millions of doses of Hydroxychloroquine for the treatment of COVID-19

Hydroxychloroquine (Plaquenil and Hydrochloroquin) are commonly used in the treatment of osteoarthritis. Hydroxychloroquine and Hydroxyquinone (Dilantin) are considered "anti-inflammatory" medicines. They inhibit the action of prostaglandins and leukotrienes on the skin, joints, and tendons. It can reduce swelling and pain associated with arthritis. Hydroxychloroquine is in a category of drugs known as "dilators" which were first introduced to control and prevent arthritis from occurring. Hydroxychloroquine (Plaquenil), commonly referred to as "hydroxychloroquine" or "hydroxychloroquin", is an antirheumatic medication that has been used in the treatment of arthritis since its discovery in the 1960s. Hydroxychloroquine is a synthetic compound containing chlorthalidomide and hydroxydimethylammonium chloride. This compound is used to treat arthritis of the knee, hip, forearm, and lower back. It is a strong antacid that causes nausea and vomiting in some patients. The drug is available in oral and injectable form. The oral forms are commonly used in the treatment of osteoarthritis. Injectable Hydroxychloroquine, on the other hand, is injected into the affected joint for faster onset of results. Hydroxychloroquine is typically administered in combination with other medications to achieve faster results. Hydroxyquinone and azathioprine are commonly combined in order to increase the drug's effectiveness.

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Increasing prevalence of viral diseases such as malaria and auto-immune diseases including lupus is expected to drive growth of the global hydroxychloroquine market during the forecast period. According to the World Health Organization (WHO), in 2018, there were around 228 million cases of malaria worldwide with over 405,000 deaths. According to the same source, the African region is the most affected region in the world with malaria. According to the Lupus Foundation of America, around 1.5 million U.S. citizens and around 5 million people worldwide suffer from lupus. Hydroxychloroquine is typically used for the treatment of these viral diseases. Hence, these factors are expected to drive growth of the global hydroxychloroquine market during the forecast period. Furthermore, rising R&D activities due to its efficacy against SARS-CoV-2 that causes COVID-19 is expected to boost the global hydroxychloroquine market growth over the forecast period.

However, stringent government regulations and disparity over its use among healthcare professionals are expected to restrain growth of the global hydroxychloroquine market during the forecast period. Among regions, Africa and Southeast Asia are expected to hold a dominant position in the global hydroxychloroquine market during the forecast period. This is owing to rising prevalence of malaria in the region.

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Top Players Are: Sanofi S.A., Amneal Pharmaceuticals, Inc., Laurus Labs Limited, Zydus Pharmaceuticals, Inc., Prasco Laboratories, Dr. Reddy's Laboratories, Cadila Pharmaceuticals Novartis International AG, Concordia Pharmaceuticals Inc., Covis Pharmaceuticals, Inc., Cardinal Health, Aphena Pharma Solutions Tennessee, Inc., Mylan N.V., McKesson Corporation, Teva Pharmaceutical Industries Ltd, Lupin Pharmaceutical, and Sun Pharmaceutical Industries Ltd.

There is Multiple Chapter to display the Global Hydroxychloroquine Market some of them As Follow

Chapter 1, Definition, Specifications and Classification of Hydroxychloroquine, Applications of Hydroxychloroquine, Market Segment by Regions;
Chapter 2, Manufacturing Cost Structure, Raw Materials, and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, Technical Data and Manufacturing Plants Analysis of Hydroxychloroquine, Capacity, and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, Regional Market Analysis that includes the United States, China, Europe, Japan, Korea & Taiwan, Hydroxychloroquine Segment Market Analysis (by Type);
Chapter 7 and 8, The Hydroxychloroquine Segment Market Analysis (by Application) Major Manufacturers Analysis of Hydroxychloroquine;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type Natural preservative, Chemical preservative, Market Trend by Application;
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, The Consumers Analysis of Global Hydroxychloroquine;
Chapter 12, Hydroxychloroquine Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, Hydroxychloroquine sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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