Noscapine Base Market Industry Overview, Business Insights, Key Factors & Market Strategies, Forecast to 2028

The global noscapine base market is anticipated to grow at a significant CAGR during the forecast period (2022-2028).

Noscapine is a phthalide isoquinoline non-narcotic alkaloid derived from the poppy Papaver somniferum, with mild analgesic, antitussive, and potential antineoplastic activities. Noscapine exerts its antitussive effects through the activation of sigma opioid receptors. Noscapine is widely used in the pharmaceutical sector as a cough suppressing agent. Other than a cough, a noscapine base is used for multiple uses such as for the treatment of pollution-related disorders, which is the driving factor for the market growth. This agent appears to exert its antimitotic effect by binding to tubulin, resulting in a disruption of microtubule assembly dynamics and subsequently, the inhibition of mitosis and tumor cell death.

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Manufacture of noscapine base by generic drug manufacturers that results in low-cost products gives stiff competition to branded drug manufacturers. Generic formulations of noscapine base are widely sold in developing and underdeveloped countries. The use of a noscapine base is being investigated as an anti-cancer drug that is expected to open new avenues for the global noscapine base market. Noscapine is under investigation for the treatment of several cancers and hypoxic ischemia in stroke patients. Early studies in the prostate cancer are very promising.

Some major players in the market include 3B Scientific Corp, and Tianjin Xien Si Biochemical Technology Co., Ltd., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

Competitive Landscape- 3B Scientific Corp, and Tianjin Xien Si Biochemical Technology Co., Ltd., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?

Global Noscapine Base Market Report by Segment

By Type
• Oral Administration
• Buccal Administration
• Sublingual

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This release was published on openPR.