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Isotope-Labeled Excipients Market Projected to be Resilient During 2016 - 2024

08-21-2017 10:58 AM CET | Health & Medicine

Press release from: Persistence Market Research

Isotope-Labeled Excipients Market Projected to be Resilient

otope-labeled excipients market is undergoing a tremendous transformation with the ever changing regulatory scenario. In U.S., an amendment in the US Prescription Drug Marketing Act of 1987 (PDMA) states that wholesalers have to provide records before each wholesale distribution of prescription drugs. Such steps will regulate the healthcare system and strengthen the isotope-labeled excipients market. Anti-counterfeit technology utilizing isotope-labeled excipients possess a high level of security, high product applications, authentication, proven quality standards, easily identifiable, and legally compliant.

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U.S. Food & Drug Administration also recommends that industries should utilize periodically changing, multiple, authentic measures for each specific product which will further lead to growth in isotope-labeled excipients market.

Isotope-Labeled Excipients Market: Dynamics

Isotope-Labeled Excipients Market is primarily driven by a few key factors such as the substances being pharmacologically inactive, toxicologically inert which is in compliance with the U.S. Food & Drug Administration regulations. In addition to this, the isotope-labeled excipients market also observes significant growth due to the non-radioactive nature which is safe for humans.

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Isotope-labeled excipients, however, require specialized facilities, rigorous R&D, which limits access to such excipients. Isotope-labeled excipients are associated with high cost and the isotope ratio mass spectrometry instrument which is required to quantify isotopes is expensive which restraints the growth of the isotope-labeled excipients market.

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Isotope-Labeled Excipients Market: Region-wise Outlook

Based on geography, the Isotope-Labeled Excipients Market can be segmented into five major regions: North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa. At present, North America holds a leading position in the Isotope-Labeled Excipients Market followed by Europe. The major factors which have driven the growth of the isotope-labeled excipients market in this region are the increase in regulations and oversight by the U.S. Food & Drug Administration for safety and health issues, pressure on healthcare institutions to reduce costs and reduce drug counterfeiting.
Isotope-Labeled Excipients Market: Key Players

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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