Oxytocin Market Assessment and Key Insights Analyzed Till 2030

The global oxytocin market is slated to record a CAGR of 8.4% over the projected period, 2020-2030. The market growth is majorly underpinned by growing prevalence of pregnancy problems amid women across numerous regions. Furthermore increasing focus on averting PPH incidences will be driving demand for oxytocin.

“Initiatives by government to promote children and women’s health are supporting global efforts to enhance maternity care all over healthcare settings, thus opening notable growth prospects for the market,” comments the FMI analyst.

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Oxytocin Market – Important Highlights

  • MEA region will generate huge growth prospects due to unceasing efforts by government authorities to found an equitable healthcare system as well as provide improved treatment to women.
  • Postpartum hemorrhage (PPH) is likely to remain lucrative all over the assessment period.
  • Hospital pharmacies will remain key beneficiary among other distribution channel as the segment is key point of contact for availing prescribed oxytocin regulating drugs.

Oxytocin Market – Drivers

  • Rising emphasis on antenatal care is generating growth prospects in the global market
  • Increasing complications in pregnancy due to high fatality rates, has boosted demand for synthetic oxytocin production across the globe.
  • Rising focus on postpartum hemorrhage treatment is encouraging market expansion over the forecast period.

Oxytocin Market – Restraints

  • Stringent curbs and regulations to limit its usage might act as a deterrent to the growth trajectory of oxytocin market.
  • High cost associated with the usage can hinder the market growth.

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COVID-19 Impact on Oxytocin Market

Initially, a blip was experienced by healthcare providers with regard to oxytocin treatment as the industry reoriented its priorities to care for COVID infected patients. However, governments have realized the importance of maternal care and are thus directing healthcare providers to equally accommodate their resources. Moreover, experts are also considering oxytocin as a treatment option for the coronavirus.

Competitive Landscape

The oxytocin market is extremely fragmented, due to the existence of several regional and international players who are engaged in several expansion strategies, incorporating licensing agreements, product launches, collaborations, acquisitions and partnerships. Leading market players operating in the global market include Pfizer Inc., Ferring B.V., Novartis AG, Hikma Pharmaceuticals PLC, Fresenius Kabi LLC, Teva Pharmaceuticals Ltd., Endo International Plc. (Par Sterile Products, LLC), Wockhardt Ltd., Mylan N.V., Yuhan Corporation and Sun Pharmaceutical Industries Ltd.

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Key questions answered in the report

  • How is the oxytocin market expected to grow in the future?
    The global oxytocin market is set to embark on a positive growth trajectory, expanding at a value CAGR worth 8.4% across the 2020-2030 assessment period, reaching approximately US$ 165 Mn. Growth is underpinned by increasing cases of birth complications
  • Which is the key application area for oxytocin products?
    The postpartum hemorrhage segment is expected to make extensive usage of oxytocin derived products throughout the 2020-2030 assessment period, attributed to high prevalence of postpartum hemorrhage while delivering an offspring
  • Which is the most promising oxytocin market?
    The Middle East & Africa (MEA) region is anticipated to generate immense growth opportunities for the global oxytocin market. This growth is largely attributed to unceasing efforts by government authorities to establish an equitable healthcare system and offer enhanced treatment to women

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