Global Metformin Hydrochloride Market Size, Manufacturers 2021-2027
Metformin Hydrochloride is the raw material of finished product metformin hydrochloride drugs. That is the API metformin hydrochloride. Metformin Hydrochloride finished product is an oral antihyperglycemic drug used in the management of type 2-diabetes. Metformin hydrochloride (N, N-dimethylimidodicarbonimidic diamide hydrochloride) is not chemically or pharmacologically related to any other classes of oral antihyperglycemic agents.
Asia-Pacific is the largest market with about 60% revenue market share. Followed by Europe, accounting for about 17% revenue market share.
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The key players are Wanbury, USV, Exemed Pharmaceuticals, Vistin Pharma, Aarti Drugs, Farmhispania Group, Harman Finochem, Shijiazhuang Polee Pharmaceutical, Keyuan Pharmaceutical, CR Double-Crane, Shouguang Fukang Pharmaceutical etc. USV is the largest manufacturer with about 26% revenue market share.
Market Analysis and Insights: Global Metformin Hydrochloride Market
In 2020, the global Metformin Hydrochloride market size, Manufacturers, Supply Chain was US$ 276.5 million and it is expected to reach US$ 405.6 million by the end of 2027, with a CAGR of 5.5% during 2021-2027.
Global Metformin Hydrochloride Scope and Market Size:
- Metformin Hydrochloride market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Metformin Hydrochloride market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Metformin Hydrochloride market is segmented into:
- Metformin HCL
- Metformin DC
- Others
Segment by Application, the Metformin Hydrochloride market is segmented into:
- Metformin Hydrochloride Tablets
- Metformin Hydrochloride Extended-Release Tablets
- Others Form
Regional and Country-level Analysis:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Landscape and Metformin Hydrochloride Market Share Analysis:
- Metformin Hydrochloride market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Metformin Hydrochloride product introduction, recent developments, Metformin Hydrochloride sales by region, type, application and by sales channel.
The major companies include:
- Wanbury
- USV
- Exemed Pharmaceuticals
- Vistin Pharma
- Aarti Drugs
- Farmhispania Group
- Harman Finochem
- Shijiazhuang Polee Pharmaceutical
- Keyuan Pharmaceutical
- CR Double-Crane
- Shouguang Fukang Pharmaceutical
Reasons to Purchase Our Research Report:
- Analyzing the outlook of the market with the recent trends and SWOT analysis
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- Analyst support, along with the data support in excel format.
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Table of content
1 Study Coverage
1.1 Metformin Hydrochloride Product Introduction
1.2 Market by Type
1.2.1 Global Metformin Hydrochloride Market Size Growth Rate by Type
1.2.2 Metformin HCL
1.2.3 Metformin DC
1.2.4 Others
1.3 Market by Application
1.3.1 Global Metformin Hydrochloride Market Size Growth Rate by Application
1.3.2 Metformin Hydrochloride Tablets
1.3.3 Metformin Hydrochloride Extended-Release Tablets
1.3.4 Others Form
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Metformin Hydrochloride Market Size Estimates and Forecasts
2.1.1 Global Metformin Hydrochloride Revenue 2016-2027
2.1.2 Global Metformin Hydrochloride Sales 2016-2027
2.2 Metformin Hydrochloride Market Size by Region: 2021 Versus 2027
2.3 Metformin Hydrochloride Sales by Region (2016-2027)
2.3.1 Global Metformin Hydrochloride Sales by Region: 2016-2021
2.3.2 Global Metformin Hydrochloride Sales Forecast by Region (2022-2027)
2.3.3 Global Metformin Hydrochloride Sales Market Share by Region (2016-2027)
2.4 Metformin Hydrochloride Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Metformin Hydrochloride Revenue by Region: 2016-2021
2.4.2 Global Metformin Hydrochloride Revenue Forecast by Region (2022-2027)
2.4.3 Global Metformin Hydrochloride Revenue Market Share by Region (2016-2027)
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