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Muscle Relaxant Drugs Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
Muscle Relaxant Drugs Market
Muscle Relaxant Drugs Market Size, Growth Rate, And Forecast
The global muscle relaxant drugs market is expected to grow from $4.13 billion in 2022 to $4.45 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The muscle relaxant drugs market is expected to reach $5.79 billion in 2027 at a CAGR of 6.8%.
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Muscle Relaxant Drugs Market Drivers
The rising geriatric population is expected to propel the growth of the muscle relaxant drugs market going forward. The geriatric population refers to older adults 65 years and beyond. Muscle relaxant drugs are used for sedating and reducing the pain of the geriatric population who are more likely to suffer from musculoskeletal disorders.
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Muscle Relaxant Drugs Market Segments
• By Drug Type: Facial Muscle Relaxant Drugs, Skeletal Muscle Relaxant Drugs, Neuromuscular Blocking Agents
• By Route of Administration: Oral, Injectable, Spray, Ointment
• By Formulation: Cyclobenzaprine, Carisoprodol, Chlorzoxazone, Metaxalone, Methocarbamol, Baclofen, Tizanidine, Orphenadrine, Dantrolene
• By End-User: Hospitals, Homecare, Speciality Clinics, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the muscle relaxant drugs market.
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Muscle Relaxant Drugs Market Key Players
Major competitors in the muscle relaxant drugs market include Pfizer Inc., Ipsen Pharma, Teijin Limited, Par Pharmaceutical, Orient Pharma, Sandoz International GmbH, Accord Healthcare.
The Business Research Company's "Global Muscle Relaxant Drugs Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Muscle Relaxant Drugs Market Include:
1. Executive Summary
2. Muscle Relaxant Drugs Market Characteristics
3. Muscle Relaxant Drugs Market Trends And Strategies
4. Muscle Relaxant Drugs Market - Macro Economic Scenario
5. Muscle Relaxant Drugs Market Size And Growth
……
26. Africa Muscle Relaxant Drugs Market
27. Muscle Relaxant Drugs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Muscle Relaxant Drugs Market
29. Muscle Relaxant Drugs Market Future Outlook and Potential Analysis
30. Appendix
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