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Montelukast Sodium Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Montelukast Sodium
What Is the Current Montelukast Sodium Market Size and Its Estimated Growth Rate?
The montelukast sodium market size has shown solid growth in recent years. It will expand from $3.86 billion in 2024 to $4.24 billion in 2025 at a CAGR of 9.9%. Growth in the historic period can be attributed to the prevalence of respiratory illnesses, aging populations, worsening air quality, heightened health awareness, and growth in developing markets.
The montelukast sodium market is expected to see strong growth, projected to reach $6.12 billion by 2029, with a CAGR of 9.6%. This growth is fueled by drug approvals, clinical studies, patent expirations, regulatory changes, and evolving physician prescribing patterns. Major trends include increased generic competition, a shift toward combination therapies, expansion in emerging markets, a focus on pediatric applications, and the integration of digital health solutions.
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How Are Emerging Segments Shaping the Montelukast Sodium Market Landscape?
The montelukast sodium market covered in this report is segmented -
1) By Product: Crystal-like, Form-less Or Amorphous
2) By Dosage Form: Tablets, Oral Solutions
3) By Application: Bronchospasm, Allergic Coryza, Asthma, Urticaria, Other Applications
Subsegments:
1) By Crystal-Like: Monohydrate Crystal, Anhydrous Crystal, Spherical Crystals, Needle-Like Crystals, Polycrystalline Montelukast Sodium
2) By Form-Less Or Amorphous: Amorphous Powder, Amorphous Granules, Non-Crystalline Montelukast Sodium
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Which Growth Factors Are Influencing Montelukast Sodium Market Expansion?
The increasing prevalence of asthma is expected to propel the growth of the montelukast sodium market. Asthma, a chronic respiratory disorder, is rising due to factors such as environmental pollution, allergen exposure, and lifestyle changes. Montelukast sodium is widely used to manage asthma symptoms by blocking the action of leukotrienes, which contribute to airway inflammation. For instance, the American Lung Association reported that approximately 44.2 million Americans were diagnosed with asthma in 2022. As asthma cases continue to rise, the demand for montelukast sodium is expected to grow.
Who Are the Dominant Players Across Different Montelukast Sodium Market Segments?
Major companies operating in the montelukast sodium market are Pfizer Inc., Merck & Co. Inc., Sanofi Aventis SA, Teva Pharmaceuticals USA Inc., Hetero Labs Ltd., Sun Pharma Industries Ltd., Aurobindo Pharma Limited, Cipla Inc., Intas Pharmaceuticals Ltd., Seqens Group, Sanyo Chemical Industries Ltd., Morepen Laboratories, Neuland Laboratories Ltd., Medopharm Private Ltd., BEC Chemicals Pvt. Ltd, Delmar Chemicals Inc., Kimia Biosciences Ltd., Ortin Laboratories Ltd., MSN Laboratories Pvt Ltd., Vamsi Labs Ltd., LGM Pharma LLC, HRV Global Life Sciences, Sigmak Lifesciences, Akums Lifesciences Ltd., Anwita Drugs & Chemicals Pvt Ltd
What Are the Latest Developing Trends in the Montelukast Sodium Market?
Companies in the montelukast sodium market are creating new over-the-counter generic medications to offer convenient treatment options for asthma and allergic rhinitis. In July 2022, Dr. Reddy's Laboratories launched Fexofenadine HCL 180 mg and Pseudoephedrine HCl 240 mg in the US, a cost-effective alternative to Allegra-D 24 HR for relieving nasal and sinus congestion, available in 5, 10, and 15-count packs.
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Which Geographic Regions Are Expected to Dominate the Montelukast Sodium Market in the Coming Years?
North America was the largest region in the montelukast sodium market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the montelukast sodium 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 Montelukast Sodium Market?
2. What is the CAGR expected in the Montelukast Sodium Market?
3. What Are the Key Innovations Transforming the Montelukast Sodium Industry?
4. Which Region Is Leading the Montelukast Sodium Market?
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Description
This report studies Montelukast Sodium in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
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