The world is currently experiencing a huge challenge which has affected all the industries and markets. Few markets have experienced a high growth in their demand while others have faced a downfall. The extent of growth or drop in the market statistics of different industries by COVID 19 plays an important role in how the future of businesses will shape up in the near future. We at Value Market Research provide you with an impact analysis of COVID 19 on this market with its latest update in the purchased version of the report.
Global Metformin Hydrochloride Market Size, Share Analysis Report By Manufacturers, Regions, Type (Metaformin HCl And Metaformin DC), Application (Metformin Hydrochloride Tablets, Metformin Hydrochloride Extended-Release Tablets And Others Form), Industry Trends, Growth, Estimation And Forecast, 2021-2028
ID:VMR11210881
February 2022
Report Formats: Electronic (PDF), MS EXCEL
The global Metformin Hydrochloride market was valued USD XX MN (by revenue) in 2021. The report foresees this market to reach USD XX MN by 2028 and register a CAGR of XX% from 2022 to 2028.
Metformin hydrochloride is an antihyperglycemic drug that improves glucose tolerance and has potential antineoplastic property. It is mainly used as a first-line medication to the treatment of type-2 diabetes. It is a white colored crystalline powder soluble in water but insoluble in acetone, ether and chloroform.
Market Dynamics
The market is primarily driven by rising population of type 2 diabetes across the globe. According to CDC, More than 34 million Americans have diabetes (about 1 in 10), and approximately 90-95% of them have type 2 diabetes. Type 2 diabetes most often develops in people over age 45. Apart from this, Childhood obesity rates are rising, and so are the rates of type 2 diabetes in youth. These are the factor that propel the demand. Other factors includes, growing working poplution and rising consumption of junk food coupled with improper diet plans amongs youth are projected to rise in diabetes, which,in turns, rising demand of metformin hydrochloride. However, side effects associated with the drug may hamper the market growth.
Drivers:
Restraints:
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis, and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of metformin hydrochloride.
Market Segmentation
The broad metformin hydrochloride market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Type
By Application
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for metaformin hydrochloride in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Metformin Hydrochloride Market Size, Share Analysis Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the metformin hydrochloride market include Aarti Drugs, Bristol-Mayers Squibb, CR Double-Crane, FARMHISPANIA GROUP, Harman Finochem, Keyuan Pharmaceutical, Merck Sante, Shijiazhuang Polee Pharmaceutical, Shouguang Fukang Pharmaceutical, Taj API, TEVA, Vistin Pharma and Wanbury among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
Manufacturing Cost Analysis
The Metformin hydrochloride Market Manufacturing Cost Analysis included in the report provides data on raw materials, labor cost and other manufacturing expenses. This analysis assists in cost management and cost regularizing as per the industry trends.
Marketing Channel
The detailed analysis of the marketing channel prominently used in Metformin hydrochloride market is also covered in the report. The data is covered as direct marketing, indirect marketing and marketing channel development trends.
Metformin hydrochloride is an antihyperglycemic drug that improves glucose tolerance and has potential antineoplastic property. It is mainly used as a first-line medication to the treatment of type-2 diabetes. It is a white colored crystalline powder soluble in water but insoluble in acetone, ether and chloroform.
Market Dynamics
The market is primarily driven by rising population of type 2 diabetes across the globe. According to CDC, More than 34 million Americans have diabetes (about 1 in 10), and approximately 90-95% of them have type 2 diabetes. Type 2 diabetes most often develops in people over age 45. Apart from this, Childhood obesity rates are rising, and so are the rates of type 2 diabetes in youth. These are the factor that propel the demand. Other factors includes, growing working poplution and rising consumption of junk food coupled with improper diet plans amongs youth are projected to rise in diabetes, which,in turns, rising demand of metformin hydrochloride. However, side effects associated with the drug may hamper the market growth.
Drivers:
- Growing prevalence of diabetes
- Rising aged population
Restraints:
- Side effects associated with the drug
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis, and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of metformin hydrochloride.
Market Segmentation
The broad metformin hydrochloride market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Type
- Metformin HCl
- Metformin DC
By Application
- Metformin Hydrochloride Tablets
- Metformin Hydrochloride Extended-Release Tablets
- Others Form
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for metaformin hydrochloride in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Metformin Hydrochloride Market Size, Share Analysis Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the metformin hydrochloride market include Aarti Drugs, Bristol-Mayers Squibb, CR Double-Crane, FARMHISPANIA GROUP, Harman Finochem, Keyuan Pharmaceutical, Merck Sante, Shijiazhuang Polee Pharmaceutical, Shouguang Fukang Pharmaceutical, Taj API, TEVA, Vistin Pharma and Wanbury among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
Manufacturing Cost Analysis
The Metformin hydrochloride Market Manufacturing Cost Analysis included in the report provides data on raw materials, labor cost and other manufacturing expenses. This analysis assists in cost management and cost regularizing as per the industry trends.
Marketing Channel
The detailed analysis of the marketing channel prominently used in Metformin hydrochloride market is also covered in the report. The data is covered as direct marketing, indirect marketing and marketing channel development trends.
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1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . METFORMIN HYDROCHLORIDE – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By Application
3.7.3 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL METFORMIN HYDROCHLORIDE MARKET ANALYSIS BY TYPE
6.1 Overview by Type
6.2 Historical and Forecast Data
6.3 Analysis by Type
6.4 Metformin HCl Historic and Forecast Sales by Regions
6.5 Metformin DC Historic and Forecast Sales by Regions
7 . GLOBAL METFORMIN HYDROCHLORIDE MARKET ANALYSIS BY APPLICATION
7.1 Overview by Application
7.2 Historical and Forecast Data
7.3 Analysis by Application
7.4 Metformin Hydrochloride Tablets Historic and Forecast Sales by Regions
7.5 Metformin Hydrochloride Extended-Release Tablets Historic and Forecast Sales by Regions
7.6 Others Form Historic and Forecast Sales by Regions
8 . GLOBAL METFORMIN HYDROCHLORIDE MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America Sales Analysis
8.3.1. Overview, Historic and Forecast Sales Analysis
8.3.2. North America By Segment Sales Analysis
8.3.3. North America By Country Sales Analysis
8.3.4. United State Sales Analysis
8.3.5. Canada Sales Analysis
8.3.6. Mexico Sales Analysis
8.4. Europe Sales Analysis
8.4.1. Overview, Historic and Forecast Sales Analysis
8.4.2. Europe by Segment Sales Analysis
8.4.3. Europe by Country Sales Analysis
8.4.4. United Kingdom Sales Analysis
8.4.5. France Sales Analysis
8.4.6. Germany Sales Analysis
8.4.7. Italy Sales Analysis
8.4.8. Russia Sales Analysis
8.4.9. Rest Of Europe Sales Analysis
8.5. Asia Pacific Sales Analysis
8.5.1. Overview, Historic and Forecast Sales Analysis
8.5.2. Asia Pacific by Segment Sales Analysis
8.5.3. Asia Pacific by Country Sales Analysis
8.5.4. China Sales Analysis
8.5.5. India Sales Analysis
8.5.6. Japan Sales Analysis
8.5.7. South Korea Sales Analysis
8.5.8. Australia Sales Analysis
8.5.9. Rest Of Asia Pacific Sales Analysis
8.6. Latin America Sales Analysis
8.6.1. Overview, Historic and Forecast Sales Analysis
8.6.2. Latin America by Segment Sales Analysis
8.6.3. Latin America by Country Sales Analysis
8.6.4. Brazil Sales Analysis
8.6.5. Argentina Sales Analysis
8.6.6. Peru Sales Analysis
8.6.7. Chile Sales Analysis
8.6.8. Rest of Latin America Sales Analysis
8.7. Middle East & Africa Sales Analysis
8.7.1. Overview, Historic and Forecast Sales Analysis
8.7.2. Middle East & Africa by Segment Sales Analysis
8.7.3. Middle East & Africa by Country Sales Analysis
8.7.4. Saudi Arabia Sales Analysis
8.7.5. UAE Sales Analysis
8.7.6. Israel Sales Analysis
8.7.7. South Africa Sales Analysis
8.7.8. Rest Of Middle East And Africa Sales Analysis
9 . COMPETITIVE LANDSCAPE OF THE METFORMIN HYDROCHLORIDE COMPANIES
9.1. Metformin Hydrochloride Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF METFORMIN HYDROCHLORIDE INDUSTRY
10.1. Top 10 Company Share Analysis
10.2. Market Concentration Rate
10.3. Aarti Drugs
10.3.1. Company Overview
10.3.2. Company Revenue
10.3.3. Products
10.3.4. Recent Developments
10.4. Bristol-Mayers Squibb
10.4.1. Company Overview
10.4.2. Company Revenue
10.4.3. Products
10.4.4. Recent Developments
10.5. CR Double-Crane
10.5.1. Company Overview
10.5.2. Company Revenue
10.5.3. Products
10.5.4. Recent Developments
10.6. FARMHISPANIA GROUP
10.6.1. Company Overview
10.6.2. Company Revenue
10.6.3. Products
10.6.4. Recent Developments
10.7. Harman Finochem
10.7.1. Company Overview
10.7.2. Company Revenue
10.7.3. Products
10.7.4. Recent Developments
10.8. Keyuan Pharmaceutical
10.8.1. Company Overview
10.8.2. Company Revenue
10.8.3. Products
10.8.4. Recent Developments
10.9. Merck Sante
10.9.1. Company Overview
10.9.2. Company Revenue
10.9.3. Products
10.9.4. Recent Developments
10.10. Shijiazhuang Polee Pharmaceutical
10.10.1. Company Overview
10.10.2. Company Revenue
10.10.3. Products
10.10.4. Recent Developments
10.11. Shouguang Fukang Pharmaceutical
10.11.1. Company Overview
10.11.2. Company Revenue
10.11.3. Products
10.11.4. Recent Developments
10.12. Taj API
10.12.1. Company Overview
10.12.2. Company Revenue
10.12.3. Products
10.12.4. Recent Developments
10.13. TEVA
10.13.1. Company Overview
10.13.2. Company Revenue
10.13.3. Products
10.13.4. Recent Developments
10.14. Vistin Pharma
10.14.1. Company Overview
10.14.2. Company Revenue
10.14.3. Products
10.14.4. Recent Developments
10.15. Wanbury
10.15.1. Company Overview
10.15.2. Company Revenue
10.15.3. Products
10.15.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Type (USD MN)
- Metformin HCl Market Sales by Geography (USD MN)
- Metformin DC Market Sales by Geography (USD MN)
- Analysis Market by Application (USD MN)
- Metformin Hydrochloride Tablets Market Sales by Geography (USD MN)
- Metformin Hydrochloride Extended-Release Tablets Market Sales by Geography (USD MN)
- Others Form Market Sales by Geography (USD MN)
- Global Metformin Hydrochloride Market Sales by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Metformin Hydrochloride Report
- Market Research Process
- Market Research Methodology
- Global Metformin Hydrochloride Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Type
- Market Attractiveness Analysis by Application
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Type (USD MN)
- Metformin HCl Market Sales by Geography (USD MN)
- Metformin DC Market Sales by Geography (USD MN)
- Global Market Analysis by Application (USD MN)
- Metformin Hydrochloride Tablets Market Sales by Geography (USD MN)
- Metformin Hydrochloride Extended-Release Tablets Market Sales by Geography (USD MN)
- Others Form Market Sales by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Top 10 Company Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments