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Global Corticosteroids Market Estimated To Observe And Experience Significant Growth | Sumitomo, Pfizer, Novartis, Merck, Sanofi, Johnson and Johnson
Corticosteroids Therapy Market
The regions covered in the corticosteroids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, North America accounts for the largest corticosteroids market share.
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The corticosteroids therapy market consists of sales of synthetic corticosteroid drugs used to treat a wide variety of disorders, including asthma, arthritis, skin conditions, autoimmune diseases and lowers inflammation in the body. Corticosteroids and their biologically active synthetic derivatives differ in their metabolic (glucocorticoid) and electrolyte-regulating (mineralocorticoid) activities. These agents are employed at physiological doses for replacement therapy when endogenous production is impaired. The market consists of revenue generated by the company's manufacturing synthetic corticosteroids by the sales of these products.
Key competitors in the corticosteroids market include Sumitomo, Pfizer, Novartis, Merck, Sanofi, Johnson and Johnson, GSK, AstraZeneca, Cipla, LEO Pharma, Abbott Laboratories, Bayer and Zizhu Pharma.
The global corticosteroids market size is expected to grow from $4.85 billion in 2021 to $5.05 billion in 2022 at a compound annual growth rate (CAGR) of 4.1%. The change in the corticosteroids market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The corticosteroids market is expected to reach $5.93 billion in 2026 at a CAGR of 4.1%.
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TBRC's report segments the global corticosteroids market:
1) By Product: Glucocorticoids, Mineralocorticoids
2) By Application: Skin Allergies, Rhuematology Indications, Endocrinology, Acute Respiratory Diseases, Others
3) By End-User: Hospitals, Clinics, Research Institutes, Others
Read Further On The Corticosteroids Market Here: https://www.thebusinessresearchcompany.com/report/corticosteroid-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Corticosteroids Therapy Market Characteristics
3. Corticosteroids Therapy Market Trends And Strategies
4. Impact Of COVID-19 On Corticosteroids Therapy
5. Corticosteroids Therapy Market Size And Growth
.....
28. Corticosteroids Therapy Pipeline Analysis
29. Key Mergers And Acquisitions In The Corticosteroids Therapy Market
30. Corticosteroids Therapy Market Future Outlook and Potential Analysis
31. Appendix
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