The global demand for Sodium Cromoglycate Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Sodium cromoglycate is a medicine used to lessen symptoms and severity of asthma attacks by reducing inflammation in the lungs. It relives airway inflammation and bronchoconstriction in patients. It is also used for other conditions such as allergies caused by pollen, aspirin, chemicals, cold air, or air pollutants which cause wheezing or difficulty in breathing. It comes in a solution for inhalation.
Market Dynamics
Growing prevalence of asthma is projected to drive the growth of the market. Asthma is the most common chronic disease worldwide. According to the World Health Organization, around 235 million people are living with asthma. Cromoglygate is the most frequently prescribed drug for mild asthma. They are useful for prevention of bronchospasm induced by exposure to allergens or a variety of other stimuli. Another recent trend contributing significantly to growth is the outbreak of COVID-19. Rising fatalities due to SARS-COV2 (COVID 19) infection is rising continuously. Sodium cromoglycate is estimated to be useful for COVID-19. It may attenuate Covid-19 SARS and Systemic Complications and may be useful for prophylactically. Yet, the availability of superior alternative may hamper the growth.
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 Sodium Cromoglycate.
Market Segmentation
The entire Sodium Cromoglycate market has been sub-categorized into type and application. 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 Type
By Application
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for Sodium Cromoglycate 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 Sodium Cromoglycate 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 Sodium Cromoglycate market include Pfizer, Sanofi, Orion Corporation, Cambrex Corporation, Deafarma S.r.l. 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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