Press release
Corticosteroids Market May See a Big Move | Major Giants- AbbVie, Astellas Pharma, AstraZeneca
Corticosteroids Market
Key Players in This Report Include: AbbVie Inc. (United States), Astellas Pharma Inc. (Japan), AstraZeneca plc (United Kingdom), Bausch Health Companies Inc. (Canada), Bayer AG (Germany), Cipla Limited (India), Eli Lilly and Company (United States), F. Hoffmann-La Roche Ltd. (Switzerland), GlaxoSmithKline plc (United Kingdom), Johnson & Johnson (United States)
According to HTF Market Intelligence, the global Corticosteroids market is valued at USD 35 Billion in 2024 and estimated to reach a revenue of USD 50 Billion by 2031, with a CAGR of 7% from 2024 to 2031.
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Definition:
Corticosteroids are a class of drugs used to treat inflammation, allergies, and autoimmune conditions. They are available in various forms, including oral, injectable, and topical, and are commonly used to manage chronic diseases.
Market Trends:
●The rising need for personalized advertising solutions is causing dynamic changes.
●Increased use in podcasts, music streaming, and video content platforms.
Market Drivers:
●Growth of OTT & Streaming Services
●Rising Demand for Targeted Advertising
Market Opportunities:
● Growing internet penetration in Asia-Pacific and Latin America boosts digital ad spending.
● Mobile and console gaming platforms are leveraging dynamic ad insertion.
Market Challenges:
●The growing complexity of advert shipping throughout a couple of platforms, devices, and networks.
●Fluctuating ad spend affects investment in ad insertion technologies.
Fastest-Growing Region:
Asia-Pacific
Dominating Region:
North America
Market Leaders & Development Strategies:
In November 2024, Steritas LLC., a company announced collaboration with argenx, a global immunology company, for use of its STOX Suite of steroid-toxicity clinical outcome assessments (COAs) across argenx's development programs for differentiated immunology therapeutics. In October 2023, Santhera Pharmaceuticals received FDA approval for their innovative corticosteroid, vamorolone, which marketed under the brand name Agamree. This approval is specifically for the treatment of Duchenne muscular dystrophy. Corticosteroids are regulated by complex mechanisms involving the hypothalamic-pituitary-adrenal (HPA) axis, which controls their production and release.
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The Global Corticosteroids Market segments and Market Data Break Down are illuminated below:
Corticosteroids Market is Segmented by Application (Hospitals and Clinics, Pharmacies and Retail, Specialty Clinics, Other) by Product Type (Glucocorticoids, Mineralocorticoids, Synthetic Corticosteroids) by Route of Administration (Topical, Oral, Inhaled, Injectable, Ophthalmic) by Distribution Channel (Online, Offline) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)
Global Corticosteroids market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
• -To carefully analyze and forecast the size of the Corticosteroids market by value and volume.
• -To estimate the market shares of major segments of the Corticosteroids
• -To showcase the development of the Corticosteroids market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Corticosteroids market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Corticosteroids
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Corticosteroids market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Read Detailed Index of full Research Study: https://www.htfmarketintelligence.com/report/global-corticosteroids-market
Major highlights from Table of Contents:
Corticosteroids Market Study Coverages:
• It includes major manufacturers, emerging player's growth story, and major business segments of Corticosteroids market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Corticosteroids Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Corticosteroids Market Production by Region Corticosteroids Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Corticosteroids Market Report:
• Corticosteroids Overview, Definition and Classification Market drivers and barriers
• Corticosteroids Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Corticosteroids Market
• Corticosteroids Capacity, Production, Revenue (Value) by Region (2024-2031)
• Corticosteroids Supply (Production), Consumption, Export, Import by Region (2024-2031)
• Corticosteroids Production, Revenue (Value), Price Trend by Type {Glucocorticoids, Mineralocorticoids, Synthetic Corticosteroids}
• Corticosteroids Manufacturers Profiles/Analysis Corticosteroids Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
• How feasible is Corticosteroids market for long-term investment?
• What are influencing factors driving the demand for Corticosteroids near future?
• What is the impact analysis of various factors in the Global Corticosteroids market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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