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Methenamine Hippurate Tablets Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Methenamine Hippurate Tablets
What Is the Methenamine Hippurate Tablets Market Size and Projected Growth Rate?
In recent times, the market for methenamine hippurate tablets has seen impressive growth. The industry is forecasted to expand from a value of $9.52 billion in 2024 to approximately $10.21 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.2%. The significant growth during the historical period is due to various factors such as conventional UTI treatments, concerns over antibiotic resistance, clinical approval, prescribing habits of physicians, and patient inclination towards non-antibiotic alternatives.
A significant surge is anticipated in the methenamine hippurate tablets market in the upcoming years, escalating to a value of $13.78 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 7.8%. The expansion during this prediction period can be credited to a rise in UTIs, growing apprehensions about antibiotic resistance, advancements in dealing with UTIs, prioritized focus on preventive healthcare measures, along with clinical trials and research. The key trends throughout this forecasted timeline include an escalated occurrence of UTIs, increased antibiotic resistance, a leaning towards non-antibiotic treatment options, emphasis on preventive healthcare, and continuous research and development.
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What Are the Different Methenamine Hippurate Tablets Market Segments?
The methenamine hippurate tablets market covered in this report is segmented -
1) By Type: 20 Tablets Or Bottle, 6 Tablets Or Bottle
2) By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmacy
3) By Application: Uncomplicated UTIs, Healthcare-associated UTIs
4) By End User: Hospitals, Homecare, Specialty Clinics, Others End Users
Subsegments:
1) By 20 Tablets per Bottle: Standard Packaging, Bulk Packaging Options
2) By 6 Tablets per Bottle: Standard Packaging, Sample Or Trial Packaging
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What Are the Primary Drivers Shaping the Methenamine Hippurate Tablets Market?
The growth of the methenamine hippurate tablets market is projected to be fueled by a growing elderly population. This refers to individuals aged 60 and above who are more susceptible to urinary tract infections due to several factors like reduced urine flow, enlarged prostate, or kidney stones. These conditions necessitate the use of methenamine hippurate tablets. The World Health Organization, a United Nations agency based in Switzerland focused on global public health, predicts that by 2030, one in six people globally will be 60 years or older. In 2022, the global population over the age of 60 reached 1.4 billion. By 2050, the number of people aged 60 or over is set to double (2.1billion), with those over 80 tripling to reach 426 million. Therefore, the expanding elderly population is a key driver in the growth of the methenamine hippurate tablets market.
Which Companies Are Leading in the Methenamine Hippurate Tablets Market?
Major companies operating in the methenamine hippurate tablets market include Alvogen Lux Holdings S.ÀR.L., Micro Labs Inc., Aurobindo Pharma, Amneal Pharmaceuticals Inc., Viatris Inc., McKesson Corporation, Sun Pharmaceutical Industries Ltd., Cipla Ltd., Dr. Reddy's Laboratories Ltd., Cadila Healthcare Ltd., Torrent Pharmaceuticals Ltd., Glenmark Pharmaceuticals Ltd., Zydus Pharmaceuticals Ltd., Lupin Ltd., Alkem Laboratories Ltd., Ipca Laboratories Ltd., Granules India Ltd., Teva Pharmaceutical Industries Ltd., Apotex Pharmachem Inc., Sandoz International GmbH
What Are the Major Trends Shaping the Methenamine Hippurate Tablets Market?
The primary trend gaining traction in the methenamine hippurate tablets market is product innovation. Leading firms in this market are inventing novel products to fortify their market standing. For instance, in May 2023, EQL Pharma, a pharmaceutical firm based in Europe with a focus on delivering inexpensive generic medicines and niche generics to pharmacies and hospitals, declared the out-licensing of Memprex (methenamine hippurate) to Laboratoires Majorelle for dissemination in the French market. This move broadens Memprex's reach, presenting a non-antibiotic alternative for UTI prevention. Laboratoires Majorelle, a notable entity in women's health in France, will handle the marketing and distribution of Memprex, showcasing a non-antibiotic choice for UTI prevention.
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What Are the Top Revenue-Generating Geographies in the Methenamine Hippurate Tablets Market?
North America was the largest region in the methenamine hippurate tablets market in 2024. The regions covered in the methenamine hippurate tablets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Methenamine Hippurate Tablets Market?
2. What is the CAGR expected in the Methenamine Hippurate Tablets Market?
3. What Are the Key Innovations Transforming the Methenamine Hippurate Tablets Industry?
4. Which Region Is Leading the Methenamine Hippurate Tablets Market?
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