Oxytocin Market Challenges, Drivers, Outlook, Growth Opportunities - Analysis to 2027
Oxytocin Market Overview:
A research team conducted extensive primary and secondary research for the Oxytocin market analysis of the global industry. Secondary research was conducted to supplement the available information, segment the market, calculate the overall market size, and forecast market size and growth rate.
The need for synthetic oxytocin has risen in response to an increase in C-sections, which has been aided by FDA-approved formulations. Human illness research has been a leading indicator of the oxytocin market's growing revenue potential. In recent years, a slew of neuroscientific studies has looked into new avenues in novel treatment techniques for mental diseases, with oxytocin assisting in the discovery of new therapeutic targets. As a result, the oxytocin market has opened up new income opportunities in autism, depression, schizophrenia, borderline personality disorder, and social anxiety disorders.
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Oxytocin Market Scope:
PESTLE analysis is used in the study to assess the advantages and disadvantages of significant market participants. The size, share, trend, total profit, total revenue, and profit margin of the Oxytocin market are all carefully examined by the researcher in order to forecast the market and provide investment advice. Subject-matter experts provide advice on market changes.
The report includes details on the major market participants in addition to data on capacity and production, price and cost information, company profiles, product images, specifications, and contact information. In this report, the global, regional, and corporate levels of the Oxytocin market are examined for trends, size, and value. Using past data and future projections, this study examines the size of the global market for Oxytocin.
Oxytocin Market Segmentation:
According to indications, the postpartum haemorrhage (PPH) market for oxytocin is anticipated to be favourable during the forecast period. About 3 to 5 percent of obstetric patients experience postpartum haemorrhage, which is responsible for 25 percent of all maternal deaths globally. Therefore, efforts are being made to prevent such deaths, providing postpartum haemorrhage management with a significant boost. Antepartum haemorrhage (APH) is also on the rise, with a US$ 13.4 million increase in potential by 2030. Antepartum haemorrhage endangers both the mother and the foetus, making treatment essential and driving pharmaceutical companies to develop new formulations.
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Oxytocin Market Key players:
- Pfizer Inc. (United States)
- Novartis AG (Switzerland)
- Fresenius Kabi LLC (United States)
- Hikma Pharmaceuticals PLC (United Kingdom)
- Endo International Plc. (Par Sterile Products, LLC) (Ireland)
- Teva Pharmaceuticals Ltd. (Jerusalem)
- Mylan N.V. (United States)
- Wockhardt Ltd. (Mumbai)
COVID-19 Impact on Oxytocin market:
The COVID-19 outbreak has had a significant impact on the Oxytocin market. Due to the global economic downturn and a labour shortage, the development of Oxytocin production facilities has been put on hold. The COVID-19 pandemic has caused a significant and sustained decline in production utilisation. Additionally, staff visits to their facilities have been hindered by travel restrictions and facility closures, which will restrain the growth of the Oxytocin market in 2020. However, given the high demand for Oxytocin, the market effects of COVID-19 are anticipated to be transient. By the beginning of 2021, the industry is anticipated to fully recover.
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