Oxytocin Market size was valued at US$ 3.37 Bn. in 2021 and the total revenue is expected to grow at 4.3% through 2022 to 2029, reaching nearly US$ 4.73 Bn.
Oxytocin Market Overview:
The report includes data on market growth as well as market segmentation by regions, product type, application, and industry end-use. This report looks at current Oxytocin Market trends in terms of demand, supply, and sales, as well as recent changes. Using the most up-to-date Oxytocin Market research techniques and technology, experts offer thorough and exact marketing research reports. This report includes a thorough evaluation of the Oxytocin market size and share as well as a wide range of industrial verticals.
Oxytocin Market Scope:
This study goes through demand estimates, market trends, and micro and macro variables in great detail. This study also highlights the elements that are propelling and impeding the market's growth. The report focuses on the key drivers and restraints for key companies, as well as the current competitive landscape and development prospects. The MMR in the study gives information on prospective investment opportunities to both existing and new market participants. To provide market insights, the research use analytical approaches such as Porter's five forces analysis and PESTLE of the Oxytocin market. The study also identified important impending changes that will have an impact on demand over the forecast period.
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Oxytocin Market Segmentation:
The Oxytocin Market's Indication section is dominated by the Postpartum Hemorrhage (PPH) segment:
Due to its prominence as the primary cause of maternal mortality, the postpartum hemorrhage (PPH) sector is predicted to dominate market growth during the forecast period. Maternal mortality rates and the maternal mortality ratio (MMR) have declined globally from 543 000 and 400 per 100 000 live births to 287 000 and 210 per 100 000 live births, respectively. The WHO and other professional bodies advise active management of the third stage of labor (AMTSL) for all vaginal deliveries in order to prevent PPH. An oxytocin injection, which is more successful than ergometrine and other uterotonics and has fewer side effects, should be used as the first-line uterotonic medication for the prevention and treatment of PPH.
The Hospital segment is considered to supplement the development of the Oxytocin Market.
According to projections, the market's development will be led by the hospital sector, which in 2020 had the highest market share at 64.6%. The number of induced births is increasing in developing countries, which has increased demand for institutional and hospital delivery across the globe. Revenue potential for the oxytocin industry is anticipated to increase as oxytocin effects' neurobiology is better understood in the future. Additional medical care and round-the-clock supervision is a significant driver of hospital segment development. Numerous hospitals provide compensation and reimbursement for prescription drugs, so this factor is also anticipated to boost market development during the forecast period.
Oxytocin Market Key players:
• Glaxo SmithKline Plc
• Grindeks
• KAPL
• Fresenius Kaci
• Biofutura
• Baxter
• Teva pharmaceuticals Plc
• Ferring
• Boya Bio,
• Beacon Pharmaceuticals, Ltd
• Tibet Aim Pharm
• Chengdu Shengnui Biotechnology
• Apino Pharmac Co., Ltd.
• Cellmano Biotech Limited
• Senova technology Co, Ltd.
• Novartis AG
• JHP Pharmaceuticals
Regional Analysis:
The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Oxytocin market growth in different nations.
The Oxytocin market research has been divided into various important regions, as follows:
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The research provides data-driven insights and recommendations on a variety of topics. The following are some of the most significant inquiries:
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Mar 07, 2023