Epinephrine Market: Global Industry Analysis, Trends, Market Size And Forecasts Upto 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Epinephrine Global Market Report 2023 identifies increase in the prevalence of chronic respiratory diseases as the major driver for the Epinephrine market's growth in the forecast period. Chronic respiratory diseases refer to medical condition that affects the lungs and airways of the human body's respiratory system and has the potential to contract an infection or develop a disease, which can lead to a number of complications. Chronic respiratory diseases such as asthma and chronic obstructive pulmonary disease (COPD), interstitial lung disease, pulmonary sarcoidosis, and pneumoconiosis are increasing due to the prevalence of air pollution and harmful environmental, occupational, and behavioral inhalation exposures. Epinephrine is a key medication used in the treatment of severe asthma attacks and anaphylactic reactions, which can cause respiratory distress and potentially life-threatening complications.

The global epinephrine market size is expected to grow from $2.20 billion in 2022 to $2.44 billion in 2023 at a compound annual growth rate (CAGR) of 11%. 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 global epinephrine market size is expected to reach $3.49 billion in 2027 at a CAGR of 9.4%.

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Major competitors in the Epinephrine market are ALK-Abelló A/S, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Mylan N.V., Amneal Pharmaceuticals Inc., Bausch Health Companies Inc., Abbott Laboratories, Sanofi S.A., Viatris Inc.

A key trend in the Epinephrine market includes Product innovation. Major companies operating in the epinephrine market are involved in developing new and improved advanced products, such as auto-injectors or advanced injections, to improve convenience of consumption and sustain their position in the market. In September 2021, Baxter International Inc., a US-based healthcare company, launched Premix Norepinephrine Bitartrate in 5% Dextrose Injection (norepinephrine) after getting approved by the US Food and Drug Administration (FDA). Norepinephrine bitartrate is a convenient formulation of norepinephrine manufactured by the pharmaceutical company in dosages of 4 mg/250 mL (16 mcg/mL) and 8 mg/250 mL (32 mcg/mL). Adult patients with severe, acute hypotension are prescribed norepinephrine medication to raise blood pressure.

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The Epinephrine market is segmented -
•By Type: Prefilled Syringe, Auto-injector, Ampoules and Vials
•By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
•By Application: Anaphylaxis, Cardiac Arrest, Superficial Bleeding, Respiratory Disorders, Other Applications
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Epinephrine market.

The Business Research Company's "Global Epinephrine Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Epinephrine Market Include:
1. Executive Summary
2. Epinephrine Market Characteristics
3. Epinephrine Market Trends And Strategies
4. Epinephrine Market - Macro Economic Scenario
5. Epinephrine Market Size And Growth
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26. Africa Epinephrine Market
27. Epinephrine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Epinephrine Market
29. Epinephrine Market Future Outlook and Potential Analysis
30. Appendix

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