Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Extended Release Drugs Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period.
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Over the projection period of 2022–2032, the market for pharmaceuticals with prolonged release is anticipated to have sales growth at a CAGR of 11%. The market for extended release medications is currently worth US$48 billion. The demand for extended release medications is predicted to increase in the coming years as a result of changes in prescription behaviour and growing acceptance of various dose forms.
The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles.
The team of analysts at Future Business Insights are focussing on research and market study to produce different Extended Release Drugs Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Extended Release Drugs Market.
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Key Players
Some of the key players present across the value chain of the global extended release drugs market are Pfizer, Mallinckrodt, Actavis, Janssen Pharmaceuticals, Endo Pharmaceuticals, Purdue Pharma, Lavipharm Labs, Mylan Technologies, Noven, Aveva, Watson, Impax, Ranbaxy and others
Segmentation
The global extended release drugs market is segmented by drug release types and distributional channel
Extended Release Drugs Market Segmentation by Drug Release
- Sustained Release
- Controlled Release
Extended Release Drugs Market Segmentation by Distributional Channel
- Hospital Pharmacies
- Retail Pharmacies
- Mail Order Pharmacies
- Drug Stores
Queries Solved
What is the size of the overall Extended Release Drugs Market in the Healthcare Industry and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities, and challenges of the Extended Release Drugs Market in the Healthcare Industry, and how they are expected to impact the market?
What are the attractive investment opportunities within the Extended Release Drugs Market in the Healthcare Industry?
What is the Extended Release Drugs Market in the Healthcare Industry size at the regional and country-level?
What are the key market players focusing on?
What are the strategies for growth adopted by the key players in Extended Release Drugs Market in the Healthcare Industry?
What are the recent trends in Extended Release Drugs Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?
What are the challenges to the Extended Release Drugs Market in the growth of the Healthcare Industry?
What are the key market trends impacting the growth of the Extended Release Drugs Market in the Healthcare Industry?
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