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Cortisone Market Size 2021 Global Opportunities, Trends, Share, Regional Overview, Global Growth, And Country Forecast to 2027 - Merck, Novartis, Pfizer, AstraZeneca

11-23-2021 08:04 AM CET | Health & Medicine

Press release from: Market Insights Reports

The Cortisone Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Cortisone Market Size is Projected to Reach at a CAGR of 5% during 2021-2027.

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Market Overview:

The growing application of cortisone in managing/treating allergies and inflammatory diseases has offered a huge undercurrent to the expansion of the cortisone market. Increasing appreciation of corticosteroids in septic shock rheumatoid arthritis, inflammatory bowel disease, and multiple sclerosis is boosting the prospect. Despite the relatively low prevalence of autoimmune diseases, they have become infamous for the high mortality and morbidity in worldwide populations. The rising incidence of cancer is a key trend bolstering research and development on drugs based on cortisone. However, the adverse effects of glucocorticoids have heavily impeded the realization of the revenue potential of the cortisone market. Some of the key concerns are cardiovascular adverse effects, infections, and dermatologic adverse effects. Hence, it is increasingly crucial that industry players can reconcile the adverse effects with respect to their potential clinical effects. High mortality of adrenal suppression in paediatrics will spur new avenues in the global cortisone market. A new attractiveness quotient in the market has been opened by the realization of the potential of the use of cortisone for managing skin conditions. The creams have been found to be beneficial in wasp stings, redness, itch, and inflammation.

Top Leading Companies:

Merck, Novartis, Pfizer, AstraZeneca, GlaxoSmithKline, Bristol-Myers Squibb

Recent Development:

Merck has acquired 29 companies, including 16 in the last 5 years. A total of 8 acquisitions came from private equity firms. It has also divested 7 assets. Merck’s largest acquisition to date was in 2009 when it acquired Schering-Plough for $41.1B. Its largest disclosed sale occurred in 2009 when it sold Merial to Sanofi SA for $4.0B. Merck has acquired in 10 different US states, and 7 countries. The Company’s most targeted sectors include life science (90%) and information technology (4%).

Pfizer has acquired 41 companies, including 12 in the last 5 years. A total of 12 acquisitions came from private equity firms. It has also divested 16 assets. Pfizer’s largest acquisition to date was in 2000 when it acquired Warner-Lambert Company for $90.2B. Its largest disclosed sale occurred in 2006 when it sold Pfizer Consumer Healthcare to Johnson & Johnson for $16.6B. Pfizer has acquired in 11 different US states, and 8 countries. The Company’s most targeted sectors include life science (90%) and consumer products (6%).

Cortisone Market Segmentation by Type:

Oral Drugs
Injectable Drugs

Cortisone Market Segmentation by Application:

Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

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North America Dominates the Market:

North America is a promisingly lucrative market, driven by the wide array of research and clinical studies on pharmacology. The commercialization of systemic corticosteroid compounds in the U.S. and Canada has spurred the revenue growth of the regional market. The rising utilization of anti-inflammatory and immunosuppressive agents by drugmakers has boosted the high-growth areas in the North American market. The Asia Pacific has recently emerged as a promising cortisone market. A large proportion of the growth impetus has come from the rapidly bulging patient population. An example is the rising incidence of autoimmune diseases. The rapidly ageing population in some parts of the region has spurred growth prospects.

Regional Cortisone Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Cortisone Market Report:

Detailed overview of Cortisone Market
Changing the Cortisone market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Cortisone market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Cortisone Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Cortisone Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Cortisone industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

ABOUT US:

Market intelligence data is a global front-runner in the research industry, offering customers contextual and data-driven research services. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

Contact Us:

Irfan Tamboli (Head of Sales) – Market Intelligence information

Phone: + 1704 266 3234 | 750-707-8687

Email: sales@marketintelligencedata.com

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