Global Hydroxychloroquine Market Projection By Global Top Key Players, Share, Size, Demand, Opportunities, Sale Area, Revenue Analysis Forecast Outlook 2028

Market Overview:

The global hydroxychloroquine market size is projected to reach USD 2,339.1 million by the end of 2027. The increasing incidence of COVID-19 infection will bode well for the market in the coming years. According to a report published by Fortune business Insights, titled "Hydroxychloroquine Market Size, Share & Industry Analysis, By Disease Indication (Malaria, COVID-19, Rheumatoid Arthritis, Others), By Distribution Channel (Hospital Pharmacy Retail Pharmacy, and Online Stores), and Regional Forecast, 2020-2027," the market was worth USD 894.0 million in 2019 and will exhibit a CAGR of 5.5% during the forecast period, 2020-2027.

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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. It was observed that hydroxychloroquine showed positive signs in the recovery phase of patients suffering from the coronavirus. As a result, there is a sudden surge in demand for the product across the world. Countries such as the United States are putting in several efforts to develop an efficient treatment option with the help of hydroxychloroquine. The increasing cases of malaria will create several growth opportunities for the companies operating in the market. The growing demand for the product across the world will have a positive impact on the growth of the overall market in the coming years.

Increasing Efforts Taken to Maximize the Production Will Aid Market Growth

The report encompasses several factors that have contributed to the growth of the market in recent years. 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. In April 2020, Zydus Caadila 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.

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 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 2019, the market in Asia Pacific was worth USD 346.9 million and this value is projected to increase further in the coming years. Besides Asia Pacific, the market in North America will also witness considerable growth due to the increasing incidences of coronavirus in the United States.

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List of companies profiled

Sanofi
Zydus Cadia
Ipca Laboratories Ltd
Sandoz International GmbH (part of Novartis AG)
Mylan N.V.
Teva Pharmaceutical Industries Ltd
Bayer AG
Others in the report:


Industry Developments:

March 2020: Mylan N.V announced that it will be increasing its production capacity of hydroxychloroquine to in its West Virginia facility to control the progression of COVID-19 in U.S

Table Of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Epidemiology of Malaria, Key Regions
Key development in Hydroxychloroquine Market
Impact of COVID-19 Outbreak
Pipeline Analysis
Global Hydroxychloroquine Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis, Insights and Forecast - By Disease Indication
Malaria
COVID-19
Rheumatoid Arthritis
Others
Market Analysis, Insights and Forecast - By Distribution Channels
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Market Analysis, Insights and Forecast - By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
North America Hydroxychloroquine Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis - By Disease Indication
Malaria
COVID-19
Rheumatoid Arthritis
Others
Market Analysis - By Distribution Channels
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Market Analysis - By Country
S.
Canada
Europe Hydroxychloroquine Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis - By Disease Indication
Malaria
COVID-19
Rheumatoid Arthritis
Others
Market Analysis - By Distribution Channels
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Market Analysis - By Country/Sub-region
K.
Germany
France
Spain
Italy
Scandinavia
Rest of Europe
Asia Pacific Hydroxychloroquine Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis - By Disease Indication
Malaria
COVID-19
Rheumatoid Arthritis
Others
Market Analysis - By Distribution Channels
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Market Analysis - By Country/Sub-region
Japan
China
India
Australia
Southeast Asia
Rest of Asia Pacific
Latin America Hydroxychloroquine Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis - By Disease Indication
Malaria
COVID-19
Rheumatoid Arthritis
Others
Market Analysis - By Distribution Channels
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Market Analysis - By Country/Sub-region
Brazil
Mexico
Rest of Latin America
Middle East & Africa Hydroxychloroquine Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis - By Disease Indication
Malaria
COVID-19
Rheumatoid Arthritis
Others
Market Analysis - By Distribution Channels
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Market Analysis - By Country/Sub-region
GCC Countries
South Africa
Rest of Middle East & Africa
Competitive Analysis
Key Industry Developments
Global Market Share Analysis (2019)
Competition Dashboard
Comparative Analysis - Major Players
Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
Sanofi
Zydus Cadia
Ipca Laboratories Ltd
Sandoz International GmbH (part of Novartis AG)
Mylan N.V.
Teva Pharmaceutical Industries Ltd
Bayer AG
Other Prominent Players
Strategic Recommendations
Continued. . .

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