Press release
Ursodeoxycholic Acid Market Grows as Demand for Hepatobiliary Therapies Increases
Global Ursodeoxycholic Acid Market, By Type (Synthetic, Biological), Application (Gall Stones, Primary Biliary Cholangitis), Mode (In-house, Contract Manufacturing), Use (Human, Veterinary) - Industry Trends and Forecast to 2031.Data Bridge Market Research analyses that the Global Ursodeoxycholic Acid Market which was USD 580 Million in 2023 is expected to reach USD 1252.35 Million by 2031 and is expected to undergo a CAGR of 10.10% during the forecast period of 2023 to 2031
Explore Further Details about This Research Ursodeoxycholic Acid Market Share Report https://www.databridgemarketresearch.com/reports/global-ursodeoxycholic-acid-market
**Segments**
- **Type**: The global ursodeoxycholic acid market can be segmented based on type into synthetic ursodeoxycholic acid and natural ursodeoxycholic acid. Synthetic ursodeoxycholic acid is typically manufactured in a laboratory setting, while natural ursodeoxycholic acid is sourced from natural bile sources.
- **Application**: In terms of application, the market can be segmented into liver diseases, gallstones, cystic fibrosis, and others. Ursodeoxycholic acid is primarily used for treating liver-related conditions such as primary biliary cirrhosis and chronic hepatitis.
- **Distribution Channel**: The distribution channels for ursodeoxycholic acid include hospital pharmacies, retail pharmacies, and online pharmacies. These channels play a crucial role in ensuring the availability of the medication to patients in need.
**Market Players**
- **Daewoong Pharmaceutical Co., Ltd.**: Daewoong Pharmaceutical Co., Ltd. is a key player in the global ursodeoxycholic acid market, offering a range of pharmaceutical products including ursodeoxycholic acid for various therapeutic applications.
- **Dr. Falk Pharma GmbH**: Dr. Falk Pharma GmbH is another prominent player in the market, known for its focus on gastrointestinal therapies, including medications like ursodeoxycholic acid.
- **Zhejiang Hisun Pharmaceutical Co., Ltd.**: Zhejiang Hisun Pharmaceutical Co., Ltd. is a leading Chinese pharmaceutical company that also contributes significantly to the production and distribution of ursodeoxycholic acid globally.
- **Sun Pharmaceutical Industries Ltd.**: Sun Pharmaceutical Industries Ltd. is a well-established player in the pharmaceutical industry and offers ursodeoxycholic acid as part of its extensive product portfolio.
- **Mitsubishi Tanabe Pharma Corporation**: Mitsubishi Tanabe Pharma Corporation is a Japanese pharmaceutical company with a presence in the global market for ursodeoxycholicThe global ursodeoxycholic acid market is witnessing significant growth due to the rising prevalence of liver diseases and gallstones worldwide. Ursodeoxycholic acid, both synthetic and natural variants, is in high demand for its therapeutic benefits in treating various liver-related conditions such as primary biliary cirrhosis and chronic hepatitis. The market segmentation based on type into synthetic and natural ursodeoxycholic acid caters to different consumer preferences and requirements. Synthetic ursodeoxycholic acid, developed in laboratory settings, offers consistency in quality and purity, appealing to pharmaceutical companies and healthcare professionals. On the other hand, natural ursodeoxycholic acid sourced from bile sources attracts consumers looking for organic and natural treatment options.
In terms of applications, ursodeoxycholic acid finds extensive use in liver diseases, gallstones, cystic fibrosis, and other related conditions. The medication's effectiveness in managing liver disorders and promoting bile flow has positioned it as a key component in the treatment regimen for patients suffering from various liver ailments. The distribution channels for ursodeoxycholic acid, including hospital pharmacies, retail pharmacies, and online pharmacies, play a crucial role in ensuring the availability and accessibility of the medication to patients globally. These channels facilitate the efficient distribution and supply chain management of ursodeoxycholic acid, enabling patients to access the medication conveniently.
Key market players such as Daewoong Pharmaceutical Co., Ltd., Dr. Falk Pharma GmbH, Zhejiang Hisun Pharmaceutical Co., Ltd., Sun Pharmaceutical Industries Ltd., and Mitsubishi Tanabe Pharma Corporation are driving the growth and innovation in the global ursodeoxycholic acid market. These companies leverage their research and development capabilities, manufacturing expertise, and extensive distribution networks to meet the increasing demand for ursodeoxycholic acid worldwide. Daewoong Pharmaceutical Co., Ltd. and Dr. Falk Pharma GmbH are recognized for their specialization in gastrointestinal therapies, including the production of ursodeoxy**Market Players**
- **DAEWOO PHARMACEUTICAL CO., LTD.**
- **DR. FALK PHARMA GMBH**
- **ZHEJIANG HISUN PHARMACEUTICAL CO., LTD.**
- **SUN PHARMACEUTICAL INDUSTRIES LTD.**
- **MITSUBISHI TANABE PHARMA CORPORATION**
- **ICE S.P.A. (ITALY)**
- **MERCK KGaA (GERMANY)**
- **DAEWON BIO (SOUTH KOREA)**
- **GLENMARK PHARMACEUTICALS LTD (INDIA)**
- **DIPHARMA FRANCIS S.R.L. (ITALY)**
- **IOL CHEMICALS AND PHARMACEUTICALS (INDIA)**
- **KIMIA BIOSCIENCES LTD (INDIA)**
- **CERATA PHARMACEUTICALS (U.S.)**
- **CHANGDE YUNGANG BIOTECHNOLOGY CO. LTD. (CHINA)**
- **OSMOPHARM SA (SWITZERLAND)**
- **TIANJIN NWS BIOTECHNOLOGY AND MEDICINE CO. LTD (CHINA)**
- **ZHONGSHAN BELLING BIOTECHNOLOGY CO. LTD. (CHINA)**
- **AXPLORA (U.S.)
Table Of Content
1 Introduction
1.1 Objectives Of The Study
1.2 Ursodeoxycholic Acid Market Definition
1.3 Overview
1.4 Limitations
1.5 Markets Covered
2 Ursodeoxycholic Acid Market Segmentation
2.1 Ursodeoxycholic Acid Market Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Dbmr Tripod Data Validation Model
2.6 Multivariate Modeling
2.7 Primary Interviews With Key Opinion Leaders
2.8 Dbmr Ursodeoxycholic Acid Market Position Grid
2.9 Dbmr Vendor Share Analysis
2.1 Secondary Sources
2.11 Assumptions
3 Executive Summary.............
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