The global demand for Cortisone Market is presumed to reach the valuation of nearlyUSD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028.
Cortisone is a type of glucocorticoids, which is synthetically made for use as an anti-inflammatory and anti-allergy agent. It is used in the form of injectable, oral tablets, and tropical for the treatment of a range of conditions, such as allergies, skin problems, and arthritis among others. Furthermore, it helps in decreasing swelling and inflammation in the body by stopping the release of molecules that cause inflammation.
Market Dynamics
The increasing rate of joint pain like wrist, knee, arthritis problem, ulcerative colitis, and lupus is primarily driving the market growth. A wide range of cortisone applications in various diseases is again propelling the demand. High prevalence of chronic diseases like diabetes and obesity is further accelerating market growth. On the other hand, usage of cortisone steroids or supplements may have some side effects like dizziness, headache, menstrual changes or allergic to some people, which is expected to hamper the market growth. Whereas, the increasing incidence of allergic disorders and breathing disorders is likely to provide potential opportunities over the forecast period.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of cortisone.
Market Segmentation
The entire cortisone market has been sub-categorized into form, indication, and distribution channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Form
- Injectable
- Oral Tablets
- Tropical
By Indication
- Arthritis
- Anemia
- Asthma
- Allergic conditions
- Psoriasis others
By Distribution Channel
- Drug store
- Retail store
- Hospitals
- Speciality Clinics
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for cortisone market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Cortisone Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cortisone market include AstraZeneca, Bristol-Myers Squibb Company, GlaxoSmithKline, Merck & Co. Inc., Novartis AG, Pfizer, Pharmascience Inc. and Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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