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Know Worldwide specifications of the Cetirizine Hydrochloride Market Size 2023-2033 | Top Key Players: Sun Pharmaceutical Industries, Teva Pharmaceuticals, Glenmark Pharmaceuticals, Alembic Pharmaceuticals, Sanofi, Pfizer Inc., and others.
Global Cetirizine Hydrochloride Market Size
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The global cetirizine hydrochloride market aims to develop, produce, and distribute stable dosages of cetirizine hydrochloride for managing allergic diseases. It is a selective second-generation antihistamine and is available in tablets, capsules, and liquid forms, with a daily dose of 10mg for adults and lower doses for kidney-related individuals. Government strategies, such as banning fixed-dose combinations (FDC) medicines, have contributed to the growth of the market. The versatility and safety profile of cetirizine hydrochloride have increased its market potential, making it a reliable option for patients of any age group. The introduction of generic versions has also strengthened its commercial appeal, making it more accessible to a wider range of individuals. Increased awareness and self-medication adoption have further accelerated the cetirizine hydrochloride market growth. As the prevalence of allergies worldwide rises, grows the need for cetirizine hydrochloride. Market expansion is fueled by researchers' attention to stability, effectiveness, and tailored delivery. Transdermal patches for children and elderly patients are being developed by researchers and have FDA approval for treating allergic rhinitis and chronic urticaria. However, side effects derived from the cetirizine hydrochloride may impede the market growth.
The tablets segment held the largest share in 2023 and is expected to grow at a significant CAGR throughout the predicted timeframe.
Based on the dosage form, the global cetirizine hydrochloride market is categorized as tablets, solutions, and capsules. Among these, the tablets segment held the largest share in 2023 and is expected to grow at a significant CAGR throughout the predicted timeframe. The segmental expansion of cetirizine hydrochloride tablets is driven by its ease of use, accuracy in dosing, availability in various dosages, preference among healthcare professionals, stability, and cost-effectiveness.
The allergic rhinitis segment dominated the global cetirizine hydrochloride market in 2023 and is anticipated to grow at a substantial CAGR throughout the projected timeframe.
Based on the applications, the global cetirizine hydrochloride market is categorized into allergic conjunctivitis, allergic rhinitis, eczema, chronic urticaria, and others. Among these, the allergic rhinitis segment dominated the global cetirizine hydrochloride market in 2023 and is anticipated to grow at a substantial CAGR throughout the projected timeframe. The segment's growth is ascribed to the increasing prevalence of allergic rhinitis, a major public health concern affecting 400 million people, pollen aggregation, allergen exposure, air pollution, and global warming.
The hospital pharmacies segment accounted for the greatest share in 2023 and is anticipated to grow at a remarkable CAGR during the projected timeframe.
Based on the end-user, the global cetirizine hydrochloride market is categorized as retail pharmacies, online pharmacies, and hospital pharmacies. Among these, the hospital pharmacies segment accounted for the greatest share in 2023 and is anticipated to grow at a remarkable CAGR during the projected timeframe. The growth of the segment is driven by patient adoption, accessibility of nanoformulations of cetirizine, improved facilities, medication monitoring services, hospital admissions, and cost-effective medication discounts.
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North America is expected to hold the greatest share of the global cetirizine hydrochloride market over the forecast period.
North America is expected to hold the greatest share of the global cetirizine hydrochloride market over the forecast period. North America is expected to lead the growth of the cetirizine hydrochloride market due to its high prevalence of allergic illnesses, sophisticated healthcare system, and increased awareness of allergy-related concerns. Government initiatives and rising seasonal allergies further enhance market potential.
Asia Pacific is predicted to hold the fastest-growing region of the global cetirizine hydrochloride market throughout the estimated period. Companies are localizing their products and expanding their distribution networks as a result of the growing demand for cetirizine hydrochloride and related treatments throughout Asia-Pacific, especially China and India, due to urbanization and rising healthcare expenditures.
Major key players in the global cetirizine hydrochloride market are Aurobindo Pharma Limited, Cipla Limited, Jubilant Pharma Sciences, Lupin Pharmaceuticals, Hetero Drugs, Sun Pharmaceutical Industries, Teva Pharmaceuticals, Glenmark Pharmaceuticals, Alembic Pharmaceuticals, Sanofi, Pfizer Inc., and others.
Key Target Audience
Market Players
Investors
End-users
Government Authorities
Consulting and Research Firm
Venture capitalists
Value-Added Resellers (VARs)
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Recent Development
In October 2024, Indoco Remedies received final approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Cetirizine Hydrochloride Tablets USP, 10mg (OTC). The product is a generic equivalent of the Reference Listed Drug, Zyrtec Allergy Tablets, 10 mg, manufactured by Johnson & Johnson Consumer Inc.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global cetirizine hydrochloride market based on the below-mentioned segments:
Global Cetirizine Hydrochloride Market, By Dosage Form
Tablets
Solutions
Capsules
Global Cetirizine Hydrochloride Market, By Application
Allergic Conjunctivitis
Allergic Rhinitis
Eczema
Chronic Urticaria
Others
Global Cetirizine Hydrochloride Market, By End-User
Retail Pharmacies
Online Pharmacies
Hospital Pharmacies
Global Cetirizine Hydrochloride Market, By Regional
North America
US
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Australia
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of the Middle East & Africa
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Cetirizine Hydrochloride (trade names Zirtec, Zyrtec, Reactine) is a second-generation antihistamine used in the treatment of hay fever, allergies, angioedema, and urticaria.[1] It is a major metabolite of hydroxyzine, and a racemic selective H1 receptor antagonist.
Second-generation antihistamines like cetirizine…
