Press release
Leucovorin Calcium Market Outlook 2029: Presents Market Insights & Depth Analysis
Leucovorin Calcium Market is anticipated to grow at a significant CAGR during the forecast period. The major factor that is expected to fuel the market includes the rise in the prevalence of cancer, which increases the need for leucovorin calcium, as it is an effective drug used during chemotherapy. Moreover, the rise in the prevalence of cancer in most of the developed and developing countries is another factor that is anticipated to boost the growth of the market during the forecast period. In 2020, around 19.3 million new cancer cases were recorded globally, which is projected to drive the demand for cancer treatment, which in turn is anticipated to increase the need for leucovorin calcium globally.Leucovorin calcium is an active metabolite of folic acid. Leucovorin calcium aids in providing a counteracting effect on the toxic medications, thereby protecting the patient while enabling the antitumor activity of the folate antagonist. Folinic acid, also known as leucovorin, is a medication used to decrease the toxic effects of methotrexate and pyrimethamine. It is also used in combination with 5-fluorouracil to treat colorectal cancer and pancreatic cancer may be used to treat folate deficiency that results in anemia, and methanol poisoning. Moreover, Leucovorin calcium also elevates the effect of fluorouracil as well as its derivatives by stabilizing the binding of the drug metabolites to a target enzyme. This aids in prolonging the drug activity. Leucovorin calcium can potentially enhance the effect of chemotherapy drugs and works as a chemo-protectant.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2022-2030
Segment Covered
Regions Covered- Globally
Competitive Landscape:Teva Pharmaceutical Industries Ltd., Mylan N.V., and Hikma Pharmaceuticals plc, among others.
Leucovorin Calcium Market Report by Segment
By Type
Tablets
Injection
By Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
A full Report of Leucovorin Calcium Market is Available at: https://www.omrglobal.com/industry-reports/leucovorin-calcium-market
Leucovorin Calcium Market by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
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More than 120 countries are for analysis.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
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Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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A folic acid active metabolite (also known as folinic acid or citrovorum factor) that does not require dihydrofolate reductase, the molecular target of folate antagonist-type chemotherapy medicines.
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