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Duloxetine Atorvastatin Intermediates Market Share

ID: MRFR//6265-CR | 145 Pages | Author: Rahul Gotadki| July 2019

Emerging economies offer significant potential for various markets due to their underdeveloped research and development sectors, which hinder their ability to tackle upcoming health challenges. The African region, for example, faces a substantial demand for healthcare solutions, but its dependency on imported medicines and health technologies, coupled with poor economic conditions, results in slow growth in the healthcare industry.

According to the World Health Organization's 2017 statistics report, approximately 80% of the population affected by chronic diseases resides in low- and middle-income countries. This sizable population grappling with chronic illnesses in developing countries presents a promising opportunity for key players in the global market for duloxetine intermediate and atorvastatin intermediates. The rising prevalence of various chronic diseases provides a favorable landscape for manufacturers to explore.

The market currently offers numerous active pharmaceutical ingredients, but many of them come with different side effects. This presents a range of opportunities for manufacturers to innovate and develop new drugs that can address health challenges more effectively. Additionally, some existing drugs are not recommended for patients dealing with conditions such as hypernatremia and other chronic diseases. This gap in treatment options creates substantial opportunities for market development, especially in developing countries where healthcare needs are pressing.

The development of new drugs emerges as a key driver for market growth. Manufacturers have the chance to capitalize on the rising demand for effective and safer pharmaceutical solutions, particularly in regions where healthcare infrastructure is still evolving. As these developing economies seek to enhance their healthcare capabilities, there is immense potential for the pharmaceutical industry to contribute positively.

The underdeveloped research and development sectors in emerging economies create a ripe opportunity for the global market in pharmaceutical intermediates. The high prevalence of chronic diseases in these regions, coupled with the limitations of existing treatments, opens the door for manufacturers to introduce innovative drugs. As developing countries strive to strengthen their healthcare systems, the pharmaceutical industry can play a pivotal role in meeting the growing demand for improved and accessible healthcare solutions. The prospects for market growth in these regions are substantial, and strategic investments in research and development can yield significant benefits for both manufacturers and the health outcomes of the population.

Covered Aspects:

Report Attribute/Metric Details

Duloxetine Intermediate and Atorvastatin Intermediates Market Overview


The duloxetine intermediate and atorvastatin intermediates market is expected to reach USD 68.12 Million by 2030 at 3.90% CAGR during the forecast period 2022-2030. Duloxetine intermediate is a serotonin-norepinephrine reuptake inhibitor (SNRI) which is widely approved for the treatment of stress urinary incontinence in women, major depressive disorder (MDD), and other chronic diseases. The atorvastatin intermediate is commonly used in lowering the cholesterol level and helps prevent cardiovascular diseases.


Rising prevalence of major depressive disorder (MOD), the growing importance of generics, increasing demand for atorvastatin intermediate, rising incidence of chronic diseases are expected to enhance the duloxetine intermediate and atorvastatin intermediates market growth. However, factors such as increasing healthcare cost and unfavorable drug price control policies across various countries may restrain the duloxetine intermediate and atorvastatin intermediates market growth during the forecast period.


Market Dynamics


The duloxetine intermediate and atorvastatin intermediates market has been primarily driven by the rising prevalence of major depressive disorder (MOD), the growing importance of generics, increasing demand for atorvastatin intermediate, and growing incidence of chronic diseases. For instance, as per the survey carried out by the American Heart Association and the American College of Cardiology in 2016, around 37.5% (43.2 million) to 48.6% (56 million) of the US adults were on treatment by atorvastatin intermediate. Factors such as rising healthcare cost, unfavorable drug price control policies across various countries may restrain the duloxetine intermediate and atorvastatin intermediates market growth during the forecast period.


Global Duloxetine Intermediate and Atorvastatin Intermediates Market Revenue, by Intermediate, 2017 & 2023 (USD Million)  Duloxetine Intermediate & Atorvastatin Intermediates Market


Sources: MRFR Analysis


Segmentation


The duloxetine intermediate and atorvastatin intermediates market is segmented into an intermediate type. Based on intermediate, the market is bifurcated into duloxetine intermediates and atorvastatin intermediates. Duloxetine Intermediate segment held a duloxetine intermediate and atorvastatin intermediates market share of 32393.03 USD Million in 2017.


Key Players


The prominent players in the Duloxetine Intermediate and Atorvastatin Intermediates market are Jiangxi Aifeimu Technology Co., Ltd, Zhejiang Jiuzhou Pharmaceutical Co., Ltd, Jigs Chemicals, Manus Aktteva, Arch Pharmalabs, Afine Chemicals Ltd, Shodhana Laboratories, Fluorochem Ltd, Chiral Bio Sciences Ltd, Tokyo Chemical Industry Co., Ltd.


Asia-Pacific Duloxetine Intermediate and Atorvastatin Intermediates Market Share, 2017 (%)  Duloxetine Intermediate & Atorvastatin Intermediates Market     


Sources: MRFR Analysis


Regional Analysis


The duloxetine intermediate and atorvastatin intermediates market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.


The Americas accounts the largest market share, wherein North America is expected to dominate the market mainly due to the increasing geriatric population and the availability of advanced healthcare facilities in this region.


Europe is anticipated to account for the second-largest market share during the forecast period. The factors responsible for market growth in this region are well-established healthcare infrastructure and the increase in adoption of duloxetine intermediate and atorvastatin intermediates for the treatment of various chronic disease and major mental disorders.


Asia-Pacific is estimated to be the fastest-growing region in the duloxetine intermediate and atorvastatin intermediates market. This can be attributed to developing economies such as China, India, and South Korea emerging as major destinations for the outsourcing of clinical trials, drug manufacturing, and pathology testing. Japan held a market share of 18.5% in 2017.


Also, the duloxetine intermediate and atorvastatin intermediates market in the Middle East and Africa region is projected to account for the least share during the review period. The Middle East is expected to influence the market owing to the increasing use of duloxetine intermediate and atorvastatin intermediates for the treatment of various chronic disorders in Saudi Arabia, Kuwait, and the UAE.


Market Segmentation


Duloxetine Intermediate and Atorvastatin Intermediates Market, by Intermediate Type



  • Duloxetine Intermediates

  • Atorvastatin Intermediates


Duloxetine Intermediate and Atorvastatin Intermediates Market, by Region




  • Americas

    • North America

      • US

      • Canada



    • Latin America






  • Europe

    • Western Europe

      • Germany

      • UK

      • France

      • Italy

      • Spain

      • Rest of Western Europe



    • Eastern Europe






  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific






  • Middle East & Africa

    • Middle East

    • Africa




Available Additional Customizations


Intended Audience



  • Duloxetine intermediate & atorvastatin intermediates manufacturers

  • Healthcare providers

  • Research institutes and academic centers

  • Government associations

  • Market research and consulting

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