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Hydroxychloroquine Market Size 2022 Manufacturing Size, Share, Opportunities, Trends, Industry Expansion Strategies and Global Analysis by Forecast to 2027 - Sanofi, Zydus Cadila, Mylan

12-14-2021 08:08 AM CET | Health & Medicine

Press release from: Market Insights Reports

The Hydroxychloroquine 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 Hydroxychloroquine Market Size is Projected to Reach at a CAGR of 17% during 2022-2027.

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Market Overview:

The ability of hydroxychloroquine to speed up recovery processes in the treatment of patients suffering from diseases such as malaria and rheumatoid arthritis has contributed to the growing demand for the product. The increasing product demand has encouraged several companies to enhance their production methods as well as capabilities associated with the product. The report labels several companies that have taken several steps to increase the production of hydroxychloroquine during the coronavirus pandemic. Hydroxychloroquine is a drug that is used for the treatment of patients suffering from malaria. The drug was initially prescribed for use by leading authorities such as the EU and the Food and Drug Administration for the treatment of patients suffering from arthritis as well as autoimmune diseases such as lupus. The ongoing coronavirus outbreak has led to a huge emphasis on the research and development of several drugs associated with its treatment.

Top Leading Companies:

Sanofi, Novartis, Shanghai Zhongxisanwei, Teva, Zydus Cadila, Mylan, Apotex, Advanz Pharma, Sun Pharma, Kyung Poong, Ipca Laboratories, Hanlim Pharmaceutical, Bristol Laboratories

Recent Development:

March 2020: Mylan N.V announced that it will be increasing its production capacity of hydroxychloroquine in its West Virginia facility to control the progression of COVID-19 in U.S
In April 2020, Zydus Cadila announced that it has scaled up the production of hydroxychloroquine. The company was encouraged by the sudden rise in the demand for the product; a factor that was consequential to the constantly rising Covid-19 cases across the world. Zydus’ latest step will have a huge impact on the growth of the overall market in the coming years.

Sanofi has acquired 26 companies, including 6 in the last 5 years. A total of 7 acquisitions came from private equity firms. It has also divested 14 assets. Sanofi’s largest acquisition to date was in 2011 when it acquired Genzyme for $20.1B. Its largest disclosed sale occurred in 2018 when it sold Zentiva Group a.s. to Advent International for $2.2B. Sanofi has acquired in 8 different US states, and 10 countries. The Company’s most targeted sectors include life science (63%) and medical products (17%).

Hydroxychloroquine Market Segmentation by Type:

100 mg
200 mg
Other

Hydroxychloroquine Market Segmentation by Application:

Lupus Erythematosus
Rheumatoid Arthritis
Others

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The Asia Pacific Likely to Emerge Dominant; Increasing Production of Hydroxychloroquine Will Aid Market Growth

The report analyzes the ongoing market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, the market in the Asia Pacific is likely to emerge leading. The high production of the product in several countries across this region will aid the growth of the regional market. India is currently the largest producer of hydroxychloroquine, with over 70% of the global production occurring in the country. As of 2022, the market in the Asia Pacific was worth USD 346.9 million and this value is projected to increase further in the coming years. Besides the Asia Pacific, the market in North America will also witness considerable growth due to the increasing incidences of coronavirus in the United States.

Regional Hydroxychloroquine 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 Hydroxychloroquine Market Report:

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

The research includes historic data from 2016 to 2022 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 Hydroxychloroquine 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. Hydroxychloroquine 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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