Global Hydroxychloroquine Sulfate Tablets Market is valued approximately at USD XX million in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2026. Hydroxychloroquine (HCQ) is a therapeutic agent used mainly to avoid and cure malaria types such as chloroquine-sensitive malaria. Growing malaria prevalence & increasing demand for efficient and safe medicines are expected to fuel demand. Because of its powerful existence against large strains of parasites, hydroxychloroquine sulfate tablets are commonly used for treating malaria. Malaria prevalence in Africa in 2018 reached 210,000 cases which are expected to fuel demand for tablets of hydroxychloroquine sulfate. In addition, it is likely that its easy availability, economic nature and ability to reduce platelet loss will spur market growth in hydroxychloroquine sulfate. Industry participants are experimenting increasingly with varying dosages and developing novel tailored approaches to reduce the effects of chronic skin diseases. Rising policy and private funding for selling the medication is also expected to have a significant commercial impact. In addition, it does not aggravate the production of acne and oil rendering it a healthy option for severe and chronic skin diseases that will accelerate the sulfate demand for hydroxychloroquine. According to the US Center for Disease Control and Prevention, the drugs showed in-vitro-i.e., in laboratory studies outside human species-action against SARS-CoV-2 (called Covid-19) and other coronaviruses, with comparatively higher efficacy of hydroxychloroquine.
The regional analysis of Hydroxychloroquine Sulfate Tablets market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific region is expected to register significant growth rate over the forecast period owing to the presence of major market players inn the region. Moreover, favorable government initiatives in the region tends to accelerate the market share of hydroxychloroquine sulfate tablets in the region.
Major market player included in this report are:
Ipca Laboratories Ltd
Teva Pharmaceutical Industries Ltd.
Rising Pharma Holdings Inc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
USP Standards Grade
EP Standards Grade
Pharmaceutical Standard Grade
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 20198
Forecast period – 2020 to 2026
Target Audience of the Global Hydroxychloroquine Sulfate Tablets Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers