Erdosteine market Demand, Recent Trends and Developments Analysis 2025
Category: #reports  By Rahul Sankrityayan  Date: 2020-04-24
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Erdosteine market Demand, Recent Trends and Developments Analysis 2025

Erdosteine market demand from institutions may register gains at around 5.5% up to 2025. Rise in medical and technological trends in health care industry revolving around pharmaceutical drug delivery systems and lowering manufacturing cost will stimulate market share. Increase in funding across top universities in U.S. and Europe such as Harvard Medical School, John Hopkins University, Stanford Medicine, and Yale School of Medicine will foster market growth. Various clinical trials in universities are underway to qualify & quantify the efficacy of erdosteine in respiratory and cardiovascular diseases which will increase market share.

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Top Companies

  1. Recipharm AB
  2. Taj Pharmaceuticals Limited
  3. Wuhan Hezhong Bio-Chemical Manufacture Co. Ltd.
  4. Delta Finochem Pvt. Ltd.
  5. Alitair Pharmaceuticals
  6. Salvavidas Pharmaceutical Private Limited
  7. Zhejiang Kangle Pharmaceutical Co. Ltd.
  8. Wuhan Yuancheng Pharmaceutical
  9. Hanmi Pharmaceuticals Co. Ltd.
  10. Shandong Luoxin Pharmaceutical
  11. Asmoh Laboratories Ltd.
  12. Hikma Pharmaceuticals
  13. Jigs Chemical

Growth Drivers are

  1. North America: Growing trends towards cigarette smoking and exposure to tobacco smoke leading to increase in COPD
  2. Europe: Exposure to polluted air quality leading to development of serious medical conditions like bronchitis
  3. Asia Pacific: Pharmaceutical market expansion

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Erdosteine market demand from pharmaceutical industry was valued at over USD 45 million in 2018. Increasing cases of chronic respiratory problems such as asthma, chronic obstructive pulmonary disorders, & emphysema owing to rise in air contaminants such as nitrogen & sulphur oxides, combustion particles, nitrates, ground level ozone, and ammonia will foster market growth for erdosteine. These contaminants cause inflation of the larynx & pharynx triggering the production of mucus to fight infection causing congestions, and respiratory problems.

Industry participants in erdosteine market consist of Recipharm AB, Delta Finochem, Altitair Pharmaceuticals, Hanmi Pharmaceuticals, Taj Pharmaceuticals, and Hikma Pharmaceuticals. Companies are engaged in stringent research to find alternate ways to manufacture erdosteine by cysteine to lower costs, improving the quality of products to meet regulatory norms, and widening geographical presence.

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Rahul Sankrityayan

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Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Technology Magazine, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experie...

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