Adrenocortical Hormones Api Market 2024: Industry Growth and Future Scope Forecast - Sanofi, Pfizer CentreOne, GlaxoSmithKline, Symbiotec Pharmalab

Adrenocortical Hormones Api Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Adrenocortical Hormones Api market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Adrenocortical Hormones Api market from 2024 to 2031, and what is the market value expected to change by 2031?

The Global Adrenocortical Hormones API Market Expected to reach at a high CAGR By 2031

What is Adrenocortical Hormones Api Market?

Adrenocortical hormones are steroid hormones produced by the adrenal cortex, the outer layer of the adrenal glands located on top of each kidney. These hormones play crucial roles in regulating various physiological processes in the body, including metabolism, immune response, and stress adaptation.

Growth Driver

The Use of Adrenocortical Hormones in Various Treatments

The demand for adrenocortical hormones in the active pharmaceutical ingredient (API) market is driven by several factors. One notable application is the use of adrenocorticotropic hormone (ACTH) therapy for children with intractable seizures who do not respond to standard antiepileptic medications. However, further research is needed to assess the long-term effectiveness of ACTH in managing these complex cases.

Key Players:

Profiles of some of the major players in the global Adrenocortical Hormones Api market, which include:

Sanofi, Pfizer CentreOne, GlaxoSmithKline, Symbiotec Pharmalab, Sun Pharmaceutical, Cipla, Hovione, Teva Pharmaceuticals Pvt Ltd, Tianjin Pharmaceutical Group Co. Ltd, Great Pacific Exports.

Industry Development:

On January 11, 2023, AstraZeneca announced the launch of Airsupra (albuterol/budesonide), previously known as PT027. This medication has been approved in the United States for the as-needed treatment and prevention of bronchoconstriction, as well as for reducing the risk of exacerbations in individuals with asthma aged 18 and older.

On August 3, 2021, Sanofi finalized a definitive agreement to acquire all outstanding shares of Translate Bio for $38.00 per share in cash, totaling approximately $3.2 billion in equity value. This acquisition is part of Sanofi's strategy to enhance the application of messenger RNA (mRNA) technology for developing therapeutics and vaccines. The deal received approval from the boards of directors of both Sanofi and Translate Bio.

On March 31, 2021, Piramal Pharma Solutions (PPS) announced its intention to acquire API manufacturer Hemmo Pharmaceuticals for ₹775 crore. This acquisition will allow PPS to expand its operations to include the development and production of peptide active pharmaceutical ingredients (APIs). Hemmo Pharmaceuticals is recognized as one of the few global companies dedicated exclusively to the manufacture of synthetic peptide APIs.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Adrenocortical Hormones Api market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

By Type: Glucocorticoid, Betamethasone, Hydrocortisone, Mineralocorticoids, Fludrocortisone, Others

By Route of Administration: Injectable Drugs, Oral Drugs, For External Use Drugs, Inhalation Drugs

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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