Montelukast sodium is a leukotriene inhibitor agent used for many indications, including asthma, exercise-induced allergic rhinitis, bronchospasm, primary dysmenorrhea, and urticaria. It is generally used in adults as a complementary therapy along with inhaled corticosteroids if the effect produced by corticoids are not optimum.
MARKET DYNAMICS
The Montelukast Sodium market is expected to grow significantly in the coming years, due to rise in respiratory diseases coupled with the growing geriatric population . Moreover, increasing R&D investments to develop novel drugs is likely to create lucrative opportunities for key market players .
MARKET SCOPE
The "Montelukast Sodium Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a Special focus on the global market trend analysis. The report aims to provide an overview of Montelukast Sodium market with detailed market segmentation by product type, dosage form and Application. The Montelukast Sodium 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 Montelukast Sodium market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Montelukast Sodium market is segmented on the basis of, product type, dosage form and Application. Based on Product Type , the market is segmented into Montelukast Sodium Amorphous, Montelukast Sodium Crystalline. On the basis of dosage form, the market is categorized as Tablets ,Chewable Tablets,Oral Solutions. On the basis of Application, the market is categorized as Asthma, Allergic Rhinitis Urticaria and other application.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Montelukast Sodium 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 Montelukast Sodium 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 Montelukast Sodium 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 Montelukast Sodium market in these regions.
MARKET PLAYERS
The report covers key developments in the Montelukast Sodium 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 Montelukast Sodium market are anticipated to have lucrative growth opportunities in the future with the rising demand for Montelukast Sodium in the global market. Below mentioned is the list of few companies engaged in the Montelukast Sodium market.
The report also includes the profiles of key players in Montelukast Sodium 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.
- Merck & Co. Inc.
- Morepen Laboratories
- Teva Pharmaceuticals USA Inc.
- Mylan NV
- Cipla Limited
- Intas Pharmaceuticals Ltd
- SUN PHARMA
- Apotex Inc
- Sanyo Chemical Industries Ltd
- Delmar Chemicals Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.