Global Hydroxychloroquine Market

Global Hydroxychloroquine Market Outlook, Opportunities And Strategies

Learn about the global hydroxychloroquine market through The Business Research Company, which provides information on hydroxychloroquine market size, hydroxychloroquine market drivers and restraints, hydroxychloroquine market players, the COVID-19 impact on the hydroxychloroquine market, and more.

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The global hydroxychloroquine market The global hydroxychloroquine market is expected to grow from $0.93 billion in 2020 to $1.02 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The hydroxychloroquine market is expected to reach $1.51 billion in 2025 at a CAGR of 10%.

The increasing number of coronavirus cases are expected to drive innovation in hydroxychloroquine manufacturing, thus driving the market during the forecast period.

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The hydroxychloroquine market consists of revenue generated by establishments through the sales of hydroxychloroquine drugs. It is an antimalarial drug used for the treatment of malaria, systemic lupus erythematosus (SLE), and rheumatoid arthritis. Hydroxychloroquine is used in combination with antibiotic azithromycin as a potential treatment for COVID-19.

Global hydroxychloroquine market segments include:

By Drug Activity: Anti-Malarial Drug, Anti-Rheumatic Drug, Lupus Suppressant Drug, Anti COVID-19 Drug, Others

By Formulation: Tablets, Injection

By Application: Malaria, Rheumatoid Arthritis, Lupus Erythematosus, COVID-19, Others

By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Speciality Drug Stores, Retail Pharmacy

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Major players operating in the market are undertaking various strategic initiatives such as increasing production capacity and the expansion of manufacturing plants to meet the augmented global demand.

TBRC’s hydroxychloroquine market report covers:

Major Market Players: Bayer AG, Dr. Reddy’s Laboratories, Zydus Cadila, Ipca Laboratories Ltd., Wallace Pharma, Teva, Mylan, Novartis, and Intas Pharmaceuticals.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Hydroxychloroquine Global Market Report 2021: COVID-19 Implications And Growth to 2030 is one of a series of new reports from The Business Research Company that provides hydroxychloroquine market overviews, analyzes and forecasts market size, share, hydroxychloroquine market players, hydroxychloroquine market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s hydroxychloroquine market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Coronavirus (COVID-19) Current Therapy Global Market Report 2021

Tablets Global Market Report 2021

Pharmaceuticals Global Market Report 2021

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