Hydroxychloroquine Market Size, Share | Growth 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Hydroxychloroquine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” The study provides a detailed analysis of the industry, including the global hydroxychloroquine market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the hydroxychloroquine market?

The global hydroxychloroquine market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to exhibit robust growth during 2021-2026.

What is hydroxychloroquine?

Hydroxychloroquine (HCQ) is a derivative of chloroquine with the molecular formula (C18H26ClN3O). It is a chemotherapeutic drug deployed to prevent and treat malaria by targeting erythrocytic forms of malarial parasites. It is widely prescribed to treat rheumatoid arthritis, Q fever, systemic lupus erythematosus, and Porphyria Cutanea Tarda (PCT). It possesses anti-autophagy, antimalarial, and immunosuppressive properties as it hinders the immune system and presents cytokines and antigens in the body. As a result, hydroxychloroquine is widely available in the form of tablets across hospitals and retail pharmacies.

Request for a free sample copy of this report: https://www.imarcgroup.com/hydroxychloroquine-market/requestsample

What are the growth prospects and trends in the hydroxychloroquine industry?

The market is primarily driven by the growing prevalence of malaria and pesticide resistance among vectors. In addition, HCQ is widely used as a disease-modifying anti-rheumatic drug (DMARD), which is contributing to market growth. Moreover, the recent onset of the coronavirus disease (COVID-19) pandemic and the increasing clinical trials and experiments underway to determine the efficacy of the drug against the virus represents another major growth-inducing factor. Besides this, the increasing population, rising health awareness, and the growing incidences of autoimmune diseases, including lupus erythematosus and rheumatoid arthritis among individuals, are accelerating the product adoption rate. Along with this, the implementation of favorable government policies to encourage global health is accelerating the product adoption rate. Furthermore, the extensive research and development (R&D) activities conducted by key market players in the field of medical sciences, easy access to quality healthcare, and approval of novel drugs are propelling the market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Dosage Type:

200 Mg
300 Mg
400 Mg
Others

Breakup by Distribution:

Hospital Pharmacies
Retail Pharmacies
Others

Breakup by Application:

Rheumatoid Arthritis
Lupus Erythematosus
Malaria
Coronavirus (COVID-19)
Others

Breakup by Grade:

USP Standards Grade
EP Standards Grade
Pharmaceutical Standards Grade
Others

Breakup by Route of Administration:

Oral
Intravenous

Breakup by Region:

North America (U.S. & Canada)

Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)

Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)

Latin America (Brazil, Mexico)

Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

Amneal Pharmaceuticals Inc.
Cardinal Health Inc.
Cipla Ltd.
Ipca Laboratories Ltd.
Laurus Labs
Lupin Limited
Mylan N.V.
Novartis AG
Prasco Laboratories
Reddy’s Laboratories Ltd.
Sanofi S.A.
Teva Pharmaceutical Industries Ltd.
Torrent Pharma
Zydus Cadila

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2266&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: [email protected]

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/

Hydroxychloroquine Market