In 2022, the worldwide sulphonamides market is expected to be worth US$ 107.34 Million. The market is expected to grow at a 4.5% CAGR over the forecast period, reaching a market valuation of US$ 166.69 Million by 2032. The market’s expansion might be attributed to leading companies’ increasing efforts to develop diagnostic technologies to detect infections.
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The rising prevalence of multiple types of illnesses affecting all age groups is likely to fuel the market for sulphonamides. For example, in March 2022, the Wiley Online Library published a paper titled ‘Prevalence of most common skin disorders in Europe: a population-based study,’ which claimed that over 94 million Europeans suffer from unpleasant skin sensations such as burning, irritation, or dryness. Moreover, the most common disorders were fungal skin infections, acne, and atopic dermatitis or eczema.
Similarly, the increased prevalence of a wide range of disorders such as skin infections, urinary tract infections, gastrointestinal tract (GIT), and respiratory tract infections contributes to increased global need for sulphonamides.
Critical Questions Answered in the Report
- What are ongoing trends that will shape market growth curve for global Sulphonamides market?
- What are the drivers and challenges affecting the Sulphonamides market demand?
- What are the recent technological advancement in the Sulphonamides market?
- What are key trends and opportunities that will prevail the revenue growth of Sulphonamides market players?
- How will evolving regulatory policies impact the market growth?
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Sulphonamides Market: Segmentation
By Region
- North America
- Latin America
- Europe
- Asia Pacific & Japan
- Middle East and Africa
Detailed analysis on the geographical region and country wise insights are offered in the latest Sulphonamides market report with established market players as well as incumbents in the region.
Based on type of administration, global sulfonamide market is classified as follows:
- Oral
- Orally Absorbable Sulfonamide
- Short Acting (sulafadiazine, sulfacytine, sulfamethizole, sulfisoxazole)
- Intermediate Acting (sulfamethoxazole, sulfmoxole)
- Long Acting (sulfadoxine, sulfamethopyrazine)
- Orally Non Absorbable Sulfonamide (sulfasalzine, osalazine)
- Topical Agents (Silver sulfadiazine, sulfacetamide, mafenide)
Based on type of therapeutic use, global sulfonamide market is classified as follows:
- Skin Infections
- Gastro Intestinal Tract (GIT) Infection
- Meningitis
- Urinary Tract Infection (UTI) Infection
- Respiratory Tract Infection (RTI)
- Leprosy
- Bowel Disinfections
- Malaria
- Nocardiosis
Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.
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Competitive Analysis
Some of the key companies contributing to global sulfonamides market are Abbott Laboratories, Boehringer Ingelheim Pharmaceuticals, Inc., Bayer AG, GlaxoSmithKline plc, King Pharmaceuticals, Inc., Mylan Pharmaceuticals, Novartis International AG, Pfizer, Inc., Par Pharmaceutical, Inc., Roche Holding AG, Sanofi Aventis, Stiefel Laboratories, Inc., and Teva Pharmaceuticals.
With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Sulphonamides market
Why Future Market Insights?
- Comprehensive analysis on evolving purchase pattern across different geographies
- Detailed insights of market segments and sub-segments for historical as well as forecast period
- A competitive analysis of prominent players and emerging players in the Sulphonamides market
- Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
- Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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