the global Mesalazine API market size is projected to reach USD 224 million by 2029
Published Date: Friday,22 Dec,2023
Mesalazine API Market Summary
Mesalazine API (Active Pharmaceutical Ingredient) refers to the raw material of Mesalazine, a medication used in the treatment of inflammatory bowel diseases. Mesalazine is a 5-aminosalicylic acid (5-ASA) with anti-inflammatory and anti-pathogenic properties, working to alleviate symptoms associated with intestinal inflammation.
According to the new market research report "Global Mesalazine API Market Report 2023-2029", published by GlobalInfoResearch, the global Mesalazine API market size is projected to reach USD 224 million by 2029, at a CAGR of 3.7% during the forecast period.
- Global Mesalazine API MarketSize(US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global Mesalazine API Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
Market Drivers:
Rising Incidence of Inflammatory Diseases: The increasing number of patients with inflammatory diseases such as ulcerative colitis and Crohn's disease drives the demand for mesalazine API.
Improvements in Healthcare Systems: Improvements and accessibility in healthcare systems enable more patients to receive proper treatment, boosting the market demand for mesalazine API.
Growth in Emerging Markets: In emerging markets, particularly in the Asia-Pacific region, the mesalazine API market shows growth due to improved disease diagnosis and population growth.
Restraint:
Intense Competition: The mesalazine API market faces intense competition with multiple pharmaceutical companies offering similar products. Price competition and market share rivalry may pose challenges.
Drug Safety and Side Effects: Concerns about the safety and side effects of mesalazine, which may cause adverse reactions in some patients, could impact willingness among patients and healthcare professionals.
Patent Expiry: If the patent protection for mesalazine expires, it may face competition from generic drugs, leading to a decline in market share and prices.
Opportunity:
Research and Development Innovation: Research and development innovations, such as developing new formulations, improving treatment regimens, or exploring new indications, can open new market opportunities for mesalazine API.
Global Expansion: Pharmaceutical companies can seek to expand the market globally, especially entering emerging markets, to meet the needs of local patients.
Collaboration and Mergers: Collaboration with other pharmaceutical companies or strategic mergers can enhance research capabilities, expand market share, and create synergies.
- Global Mesalazine API Players(Continually updated)
Source: GlobalInfoResearch, “Global Mesalazine API Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
According to GlobalInfoResearch Top Players Research Center, the global key manufacturers of Mesalazine API include PharmaZell, Syntese, Cambrex Corporation, Divis Laboratories, Chemi SpA etc.
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