Press release
Epinephrine Market to surpass USD 5.2 Billion, Globally At a CAGR 11.0% Forecast by 2028 | Impax Laboratories, Inc., Kaleo, Inc. Mylan N.V., Pfizer, Inc.
๐ ๐ฌ๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐ง๐ฎ๐ฆ๐๐๐ซ ๐จ๐ ๐ง๐จ๐ฏ๐๐ฅ ๐ฉ๐ข๐ฉ๐๐ฅ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐ญ๐จ ๐๐๐๐ข๐ฅ๐ข๐ญ๐๐ญ๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ ๐ซ๐จ๐ฐ๐ญ๐กThe manufacturers are focused on developing and commercializing innovative drugs and novel drug delivery systems of therapeutic molecules to improve patientsโ quality of life and to overcome the clinical shortcomings of commercially available products.
According to the Mayo Clinic, 2016, more than 200,000 cases of anaphylaxis occur annually in the U.S., indicating the higher number of potential patient pool in the region. Also, the World Allergy Organization, in 2015 estimated that up to two percent of the global population, accounting for 150 million people are expected to experience anaphylaxis during their lifetime.
๐๐จ ๐๐๐ญ ๐ฆ๐จ๐ซ๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ญ๐๐ญ๐๐ซ๐ ๐ข๐๐ฌ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ โhttps://www.coherentmarketinsights.com/insight/request-sample/2401
In July 2018, INSYS Therapeutics, Inc. demonstrated the results of early clinical trial for its investigational epinephrine nasal spray, as a potential needle-free, non-invasive, and easy-to-use alternative to intramuscular injection for the treatment of anaphylaxis. The investigators also highlighted the benefits of effective needleless alternative delivery options showing rapid drug absorption. In August 2018, FDA granted Fast Track designation for the epinephrine nasal spray.
Furthermore, in April 2018, Aquestive Therapeutics initiated the Phase-1 clinical trials for its complex molecule programs- AQST-108 epinephrine molecule for anaphylaxis, which is administered via sublingual route.
Browse 36 Market Data Tables and 34 Figures spread through 175 Pages and in-depth TOC on โEpinephrine Marketโ- Global Forecast to 2026, by Product Type (Auto-injector, Prefilled Syringes, and Ampoules and Vials), by Application (Anaphylaxis, Cardiac Arrest, Superficial Bleeding, Respiratory Disorders and Others), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
๐๐จ ๐๐ง๐จ๐ฐ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐๐๐ซ๐ @ https://www.coherentmarketinsights.com/insight/request-pdf/2401
The market players are focused on strategic collaborations to provide products freely at retail outlets, considering shortages in supply of competitors' epinephrine auto-injectors. For instance, in September 2018, Walgreens and Kaleo entered into partnership under which AUVI-Q would be available at all pharmacies across the U.S. This step will aid in increasing accessibility of epinephrine auto-injector.
Also, in July 2018, Adamis Pharmaceuticals announced that Sandoz, a Novartis division, bought the rights to market its epinephrine device, a pre-filled 0.3 mg-dose syringe called Symjepi in the U.S. market. In 2015, Impax Laboratories, Inc. acquired Tower Holdings, Inc. including subsidiaries Amedra Pharmaceuticals LLC. Amedra is manufacturer of the Adrenaclick (epinephrine injection) auto-injector.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฉ๐ข๐ง๐๐ฉ๐ก๐ซ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
โข The global epinephrine market is expected to exhibit a CAGR of 11.0% during the forecast period, owing to the approval of cost-effective generic auto-injectors in the market, and strategic support of companies and government agencies for increasing generic epinephrine adoption.
โข Among product type, the auto-injector segment held a dominant position in the epinephrine market in 2018 owing to the wide use of the product in auto-injectable form due to ease of administration and rapid onset of action.
โข Among application, the anaphylaxis segment held a dominant position in the epinephrine market in 2018, owing to high incidence rate of anaphylaxis due to consumption of food products such as peanut or tree nut in children and increasing supplemental new drug application in infants.
โข Companies operating in the global epinephrine market include Mylan N.V., Pfizer, Inc., Teva Pharmaceuticals Industries Ltd., Impax Laboratories, Inc., Kaleo, Inc., Adamis Pharmaceuticals Corporation, Bausch Health Companies, ALK- Abello A/S.
๐๐จ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐ง๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ -https://www.coherentmarketinsights.com/insight/buy-now/2401
๐๐จ๐ง๐ญ๐๐๐ญ:
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