Albendazole is a high-efficiency and low-toxic broad-spectrum anthelmintic drug. Albendazole is a WHO-approved medicine used for parasitic worm infestations. It is a wide-spectrum medicine, which is also called by the name albendazolum. Albendazole is an orally delivered drug that is accepted as an important and reliable medicine required for the health system. The increasing incidences of worm infestations, mainly among children and refugees, is the primary determinant that is boosting the sales of albendazole drug in the global market. The rural pockets of developing nations are the most prone areas exhibiting a rising graph of incidences regarding worm infestations.
MARKET DYNAMICS
The Albendazole market is driving due to the rising incidences of worm infestations, growing healthcare expenditure. However, side effects of medications such as headaches, nausea, bone marrow suppression, and liver inflammation, among others, are expected to hamper the growth of the global Albendazole market. Moreover, the presence of several market players offering their product by different brand names is anticipated to drive demand for the growth of the market for Albendazole.
MARKET SCOPE
The "Albendazole Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of albendazole market with detailed market segmentation by type and application. The albendazole market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in albendazole market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Albendazole market is segmented on the basis of type and application. Based on type, the market is segmented as capsule, tablet. On the basis of application, the market is categorized as pinworm infection treatment, Ascaris infection treatment, and other parasitic infections treatment.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Albendazole market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Albendazole market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Albendazole market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Albendazole market in these regions.
MARKET PLAYERS
The report covers key developments in the Albendazole market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Albendazole market are anticipated to have lucrative growth opportunities in the future with the rising demand for Albendazole in the global market. Below mentioned is the list of few companies engaged in the Albendazole market.
The report also includes the profiles of key players in Albendazole market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Jiangsu Quality Horizons Pharmtech Co., Ltd.
- GlaxoSmithKline plc.
- Supharma Chem
- LASA Supergenerics Limited
- K.A.Malle Pharmaceuticals
- Fredun Group
- Hubei Zhongjia-chem pharmaceutical Co, Ltd
- AdvaCare Pharma
- Huazhong Pharmaceutical Co., Ltd (HPC)
- Hubei Keyi Pharmaceutical Co., Ltd.
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