With ~11% CAGR, Boost the Market Growth of Ursodeoxycholic Acid | ICE, Mitsubishi Tanabe Pharma, Daewoong Chemical, PharmaZell GmbH

"The global market for Ursodeoxycholic Acid was anticipated to grow from USD 432 million in 2020 to USD 1105 million by 2029; it is expected to grow at a CAGR of 11% during 2022 to 2029."

Ursodeoxycholic acid (UDCA) is a medication used to treat gallstones and liver problems linked to cystic fibrosis. It alters the bile acid pool by reducing hydrophobic bile acids and increasing harmless hydrophilic ones, halting the progression from gastroesophageal varices to cirrhosis and increasing patients' long-term survival. UDCA therapy is particularly beneficial in patients with intrahepatic cholestasis of pregnancy, primary sclerosing cholangitis, nonalcoholic fatty liver disease, cystic fibrosis-associated liver disease, total parenteral nutrition-induced cholestasis, graft-related liver disease, and some pediatric cholestatic liver diseases.

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► Growth Drivers

Chronic cholestatic liver disorders are increasingly being treated with ursodeoxycholic acid. The primary driver fueling growth of the worldwide ursodeoxycholic acid market during the forecast period is the rising prevalence of cystic fibrosis and gallstones. Around 30,000 Americans had cystic fibrosis in 2015, according to data from the Cystic Fibrosis Foundation. Additionally, the US diagnoses about 1,000 new instances of cystic fibrosis each year.

Compared to men, women are more likely to acquire gallstones. The main causes of gallstone formation in women include high estrogen levels during pregnancy, birth control pills, or hormone replacement therapy.

However, issues like low efficacy (about 40%), sluggishness, and the potential for stone recurrence are anticipated to restrain market expansion.

► Restraints

"Side Effects of Utilizing Ursodeoxycholic Acid to Reduce Market Growth"

Despite being one of the most effective treatments for the majority of liver problems, using this acid continuously for a very long time might still have some negative consequences on the body. This element may reduce market expansion.

Ursodeoxycholic acid can result in a variety of issues, including bloody or cloudy urine, quicker heartbeat, severe nausea, stomach discomfort, skin rashes, body itching, frequent urination urges, excruciating bladder pain, and difficulties urinating. These issues may reduce the market's user base.

► Who are the major players in this industry?

ICE, Mitsubishi Tanabe Pharma, Daewoong Chemical, PharmaZell GmbH, Zhongshan belling, Dipharma Francis, Grindeks, Erregierre, Abil Chempharma, Biotavia Labs, ICE, and others.

► Recent Developments in Ursodeoxycholic Acid Market

Recent developments in Ursodeoxycholic Acid industry, even after market report release, support market trends outlined in analysis.

ICE Pharma Group (IPG) is a generic pharmaceutical company with its own Marketing Authorizations (MAs) and experienced operational teams who can manage the manufacturing process through to a final product release into the European market.

► What exactly does market segmentation cover?

Ursodeoxycholic Acid Market By Type, 2020-2029, (USD Million) (Kilotons)

» Synthetic USDA

» Extraction USDA

Ursodeoxycholic Acid Market By Application, 2020-2029, (USD Million) (Kilotons)

»  Pharmacy

»  Health Products

Ursodeoxycholic Acid Market By Region, 2020-2029, (USD Million) (Kilotons)

» North America

» Europe

» Asia Pacific

» South America

» Middle East And Africa

Important Countries In All Regions Are Covered.

► Regional Analysis of the Ursodeoxycholic Acid Market

The market development, current market trends, and some research methodologies are all covered in the Ursodeoxycholic Acid Industry research report. It draws attention to crucial aspects like product portfolios, software architectures, and production strategies that have a direct impact on the market. Our research shows that even minor changes to a product's qualities can have a big impact on the previously mentioned criteria.    

► Table of Content:

1 Study Reporting
1.1 Ursodeoxycholic Acid Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global Ursodeoxycholic Acid Market Size Growth Rate by Type
1.5 Market by Application

2 Executive Instantaneous
2.1 Global Ursodeoxycholic Acid Market Size
2.1.1 Global Ursodeoxycholic Acid Revenue
2.1.2 Global Ursodeoxycholic Acid Production
2.2 Ursodeoxycholic Acid Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Ursodeoxycholic Acid Manufacturers
2.3.2.1 Ursodeoxycholic Acid Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Ursodeoxycholic Acid Product Offered
2.3.2.3 Date of Manufacturers Enter into Ursodeoxycholic Acid Market
2.4 Key Trends for Ursodeoxycholic Acid Markets & Products

3 Market Size by Manufacturers
3.1 Ursodeoxycholic Acid Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans

4 Ursodeoxycholic Acid Production by Regions

4.1 Global Ursodeoxycholic Acid Production by Regions
4.1.1 Global Ursodeoxycholic Acid Production Market Share by Regions
4.1.2 Global Ursodeoxycholic Acid Revenue Market Share by Regions
4.2 United States
4.2.1 United States Ursodeoxycholic Acid Production
4.2.2 United States Ursodeoxycholic Acid Revenue
4.2.3 Key Players in United States
4.2.4 United States Ursodeoxycholic Acid Import & Export
4.3 Europe
4.3.1 Europe Ursodeoxycholic Acid Production
4.3.2 Europe Ursodeoxycholic Acid Revenue

5 Ursodeoxycholic Acid Consumption by Regions

5.1 Global Ursodeoxycholic Acid Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption by Application
5.5.2 Central & South America Consumption by Country

6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Ursodeoxycholic Acid Breakdown Dada by Application
7.2.1 Global Ursodeoxycholic Acid Consumption by Application
7.2.2 Global Ursodeoxycholic Acid Consumption Market Share by Application

8 Manufacturers Profiles
9 Production Forecasts
9.1 Ursodeoxycholic Acid Production and Revenue Forecast
9.1.1 Global Ursodeoxycholic Acid Production Forecast
9.1.2 Global Ursodeoxycholic Acid Revenue Forecast
9.2 Ursodeoxycholic Acid Production and Revenue Forecast by Regions
9.2.1 Global Ursodeoxycholic Acid Revenue Forecast by Regions
9.2.2 Global Ursodeoxycholic Acid Production Forecast by Regions
9.3 Ursodeoxycholic Acid Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Ursodeoxycholic Acid Production Forecast by Type
9.4.2 Global Ursodeoxycholic Acid Revenue Forecast by Type

10 Consumption Forecast
10.1 Ursodeoxycholic Acid Consumption Forecast by Application
10.2 Ursodeoxycholic Acid Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Ursodeoxycholic Acid Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Ursodeoxycholic Acid Consumption Forecast by Regions
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Ursodeoxycholic Acid Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Ursodeoxycholic Acid Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Ursodeoxycholic Acid Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa

11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Ursodeoxycholic Acid Sales Channels
11.2.2 Ursodeoxycholic Acid Distributors
11.3 Ursodeoxycholic Acid Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators

13 Key Findings in the Global Ursodeoxycholic Acid Study

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer

Continue….

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► Research Methodology

The report is based on data analysis strategies by skilled data analysts. The research methodology involves collecting and analyzing information to provide significant market predictions. Interviews with market influencers make primary research relevant and practical. The secondary method provides a direct insight into demand and supply. Both primary and secondary data collection methods are used, along with publicly available sources like annual reports and white papers, to provide a comprehensive understanding of the market. The report offers precise data analysis and a comprehensive market tour.

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