Press release
Pharmaceutical Grade Lithium Carbonate Market Outlook 2029: Presents Market Insights & Depth Analysis
The global pharmaceutical grade lithium carbonate market is anticipated to grow at a considerable CAGR of 4.8% during the forecast period (2023-2030). Pharmaceutical companies are continuously investing in research and development of new lithium carbonate formulations and delivery methods. This is leading to the development of more effective and safer treatments for mood disorders. For instance, researchers are developing new formulations of lithium carbonate that are easier to take and have fewer side effects. They are also developing new delivery methods, such as transdermal patches, that can deliver lithium carbonate directly into the bloodstream. A transdermal patch, also called a skin patch, is a medicated adhesive patch, which is applied to the surface of the skin to non-invasively deliver a specific dose of the drug through the skin layers and into the systemic circulation over several hours to days after the application.According to a study report published by NCBI, the polymeric technology nanocomposites unified with nanometric compounds can consent to drug delivery with low brain concentrations thus greatly enhancing the therapeutic effect on brain diseases. The study incorporates a nano approach in synthesizing biopolymeric nanocomposites encapsulating lithium carbonate by substantiating it with an animal despair and histopathological study to endorse the effect of nano capsulated drug as an effective brain drug.
Researchers are developing more targeted treatments for mood disorders. These treatments are designed to target specific genes or proteins involved in developing mood disorders. For example, researchers are developing drugs that target the mGluR2/3 receptor, which is a protein that is involved in the regulation of mood. These drugs are still in the early stages of development, but they have the potential to provide more effective and safer treatments for mood disorders.One of the potential benefits of targeting the mGluR2/3 receptor is that it may be less likely to cause side effects than current treatments. Lithium carbonate, for example, can cause side effects such as tremors, weight gain, and kidney problems. SSRIs can also cause side effects, such as sexual dysfunction and weight gain. Another potential benefit of targeting the mGluR2/3 receptor is that it may be more effective in treating a wider range of mood disorders. Lithium carbonate is most effective in treating bipolar disorder, while SSRIs are most effective in treating major depressive disorder. However, the mGluR2/3 receptor is involved in the regulation of a variety of negative emotions, so it may be effective in treating a wider range of mood disorders.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Purity
By Application
By End-User
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape includes Albemarle Corp., American Elements, Globe Química, Jiangsu Nhwa Pharmaceutical Co., Ltd, and Livent Corp.
Pharmaceutical Grade Lithium Carbonate Market Report Segment
By Product Type
99%
Above 99%
By Application
Extended Release
Immediate Release
By End-User
Hospitals
Clinics
Retail Pharmacies
A full Report of Pharmaceutical Grade Lithium Carbonate Market is Available @ https://www.omrglobal.com/industry-reports/pharmaceutical-grade-lithium-carbonate-market
Pharmaceutical Grade Lithium Carbonate Market Report Segment 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
Latin America
Middle East and Africa
Company Profiles
American Lithium Corp.
Chemetall
FMC Corp.
Galaxy Resources Ltd.
Ganfeng Lithium Co., Ltd.
Green Technology Metals
International Lithium Corp.
Lake Resources NL
Liontown Resources Ltd.
Lithium Americas Corp.
Lithium Australia
Lithium Chile
Nemaska Lithium
Pilbara Minerals Ltd.
Sayona Mining Ltd.
Sigma Lithium
SQM
Tianqi Lithium Industry Co., Ltd.
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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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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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