Montelukast Market 2022-2027 Business Analysis by Top Companies

The Montelukast Market research report discusses the key drivers influencing global growth, opportunities, current challenges and the risks faced by key players and the market as a whole Montelukast Market competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.

Montelukast Market is envisaged to record an expansion at the CAGR of 13% over the forecast period,2022– 2027

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Market Overview

The montelukast sodium market studied was projected to record a CAGR of nearly 12.6% over the forecast period. The major factor attributing to the growth of the market is the increase in the prevalence of diseases, such as asthma, exercise-induced bronchospasm, allergic rhinitis, primary dysmenorrhea, and urticaria. According to the World Health Organization, around 235 million people are living with asthma. Over 80% of asthma-related deaths occur in low-and lower-middle-income countries. As the number of patients increases, the demand for montelukast sodium also rises. However, side effects with the product, such as stomach pain, heartburn, upset stomach, nausea, and diarrhea, restrain the market growth.

The major players covered in the Montelukast Market:

Morepen Laboratories, Mylan, TAPI, MSN Laboratories, Ultratech India, Aurobindo Pharma, Hetero Labs, Unimark Remedies, Jubilant Cadista, Aamorb Pharmaceuticals, Sudarshan Groups, Ortin Laboratories, Vamsi Labs, Adley Group, Medopharm, Hengyuan Pharmaceutical, Arromax Pharmaceutical Technology, Lihe Wuhan New Chemical Materials, Shanghai Huachu Chemical

Recent Developments

Mylan has finally received clearance from the US Federal Trade Commission (FTC) to advance the merger of Pfizer's Upjohn generics unit and Mylan. Now that the FTC has formally cleared the merger, the new firm, Viatris, will become a generics giant, with Pfizer owning 57% and Mylan owning 43%

Montelukast Breakdown Data by Type

Montelukast Amorphous

Montelukast Crystalline

Montelukast Breakdown Data by Application

Tablets

Chewable Tablet

Oral Solution

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North America is Dominating the Market

North America is expected to dominate the overall market, due to factors, such as the presence of key players, high prevalence of asthma and other respiratory diseases, established healthcare infrastructure, which is some of the key factors accountable for its large share in the market. Furthermore, beneficial government initiatives and an increase in the number of research partnerships are some of the drivers expected to increase market growth.

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the Montelukast Market presented in the report. For the historical and forecast period 2016 to 2027, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.

The report offers an in-depth assessment of the growth and other aspects of the Montelukast Market in important countries (regions), including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa) and ROW.

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Table of Contents:

Global Montelukast Market Research Report 2022

Chapter 1 - Market Overview

Chapter 2 - Industry's Global Economic Impact

Chapter 3 - Manufacturers' Global Market Competition

Chapter 4 - Revenue (Value) by Region for Global Productions

Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import

Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type

Chapter 7- Global Market Analysis by Application

Chapter 8 - Manufacturing Cost Analysis

Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers

Chapter 10 - Marketing Strategy Analysis, Distributors/Traders

Chapter 11- Market Effect Factors Analysis

Chapter 12- Global Montelukast Market Forecast

Customization:

The Global Montelukast Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.

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This release was published on openPR.