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Alexipharmic Drugs Market 2024-2033: Global Outlook, Business Statistics, Latest Trends And Major Players
Alexipharmic Drugs Market
As per the report, the alexipharmic drugs market size has grown strongly in recent years. It will grow from $2.90 billion in 2023 to $3.05 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The alexipharmic drugs market size is expected to see strong growth in the next few years. It will grow to $3.80 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%.
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Rise In The Death Rate Due To Drug Overdose Driving The Alexipharmic Drugs Market
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Innovative Solutions In The Alexipharmic Drugs Market
Major companies operating in the alexipharmic drugs market are increasing their focus on developing advanced solutions, such as the first over-the-counter (OTC) opioid overdose reversal medication, to gain a competitive edge in the market. The first over-the-counter (OTC) opioid overdose reversal medication refers to a medication available without a prescription that can counteract the effects of opioid overdose, providing life-saving treatment in emergencies. For instance, in August 2023, Emergent BioSolutions, a US-based biopharmaceutical company, announced that NARCAN Naloxone HCl Nasal Spray 4 mg will be available over-the-counter (OTC). This includes its same safe and effective 4 mg formulation, device design, and original prescription strength, offering convenient and easy two-step intranasal administration to reverse opioid effects, including fentanyl. This solution significantly expands access to naloxone, reducing stigma and encouraging public preparedness, thereby empowering more individuals to respond effectively in opioid emergencies, ultimately contributing to saving lives and addressing the opioid crisis in the alexipharmic drugs market.
The alexipharmic drugs market covered in this report is segmented -
1) By Type: Chemical Antidote, Physical Antidote, Pharmacological Antidote
2) By Route Of Administration: Oral, Topical, Injectable, Other Routes Of Administration
3) By Application: Opioid Overdose, Alcohol Overdose, Cyanide Poisoning, Lead Poisoning, Benzodiazepine Overdose, Other Applications
4) By End Use: Hospital, Homecare, Specialty Clinics, Other End Uses
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Major companies operating in the alexipharmic drugs market are Pfizer Inc., Johnson & Johnson, Roche Holding AG, Merck & Co. Inc., Sanofi S.A., Bristol Myers Squibb Company (Bristol-Myers Squibb Company), AstraZeneca, Novartis AG, GlaxoSmithKline plc, Gilead Sciences Inc., Teva Pharmaceutical Industries Ltd., Fresenius SE & Co. KGaA (Fresenius Kabi), Bausch Health Companies Inc., UCB S.A., Sun Pharmaceutical Industries Ltd., B. Braun SE, Aurobindo Pharma, Purdue Pharma L.P., Cipla Inc., Hikma Pharmaceuticals, Amneal Pharmaceuticals, Vifor Pharma Group, Lupin Limited, Alkermes Inc., Emergent BioSolutions, Ethypharm S.A., Alpharma Pharmaceuticals Inc., Accord Healthcare, BTG plc, Gavis Pharmaceuticals, Apotex Inc.
Contents of the report:
1. Executive Summary
2. Alexipharmic Drugs Market Report Structure
3. Alexipharmic Drugs Market Trends And Strategies
4. Alexipharmic Drugs Market - Macro Economic Scenario
5. Alexipharmic Drugs Market Size And Growth
…..
27. Alexipharmic Drugs Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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