Rising Adoption of Paracetamol Market to Fuel Revenue Growth Through 2020 – 2024


Posted May 15, 2020 by bhapkarkiran

The report also examines growth potential, market sizes and revenue forecasts (2020-2024)across different regions as well as industry verticals.

 
The Paracetamol market 2020 report analyses global acceptance of trends, future growth potential, key drivers, limitations, opportunities, and best practices that are taken place in market. The report also examines growth potential, market sizes and revenue forecasts (2020-2024)across different regions as well as industry verticals.

Global Paracetamol Market Overview:

The report also reveals in-depth details of shifting market dynamics, pricing structures, trends, restraints, limitations, demand-supply variations, growth-boosting factors, and market variations that have been considered the most important factors in the Paracetamol market. With the slowdown in world economic growth, the Paracetamol industry has suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Paracetamol market size to maintain the average annual growth rate of 0.0313103064775 from 240.0 million $ in 2015 to 280.0 million $ in 2020, Analysts believe that in the next few years, Paracetamol market size will be further expanded, we expect that by 2024, The market size of the Paracetamol will reach 350.0 million $

Its pain reliever content is derived from a coal tar and is safe at recommended doses. It also seems to be safe during pregnancy and when breastfeeding. The drug is categorized as mild anaesthetic used for releasing headaches, arthritis and other minor pains. It is also suggested for cold and flu remedies. As Paracetamol is generally used to treat inflammatory pain, it is categorized as non-steroidal anti-inflammatory drug (NSAID).



Paracetamol is commercially obtainable in the form of tablets, liquid suspensions, and capsules. The mutual adult dose is 500 to 1000 mg and the drug is safe for all age groups containing children and infants. Paracetamol is safe for use at endorsed doses but overdose of drug leads to nausea, vomiting and sweating. Serious skin rashes may infrequently occur, nevertheless high dose of the drug can result in liver failure.

In the last few years, the global Paracetamol market has been undergoing a extraordinary rise due to the augmented occurrence of several medical conditions that require keys to manage pain. Almost 80% of the para-aminophenol (PAP) that is industrial across the globe is used for the production of paracetamol, which is probable to offer considerable opportunities of rise for the global Paracetamol market. Paracetamol is also known as acetaminophen.

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Making of paracetamol without the addition of solvents is much highlighted upon these days as the use of solvents lead to simple adverse effect on the health of a person, thereby hindering the increase of the market during the upcoming year. Current responsiveness about over-consumption of analgesics among people is likely to hinder the development of the global Paracetamol market during the assessment period.

Market Key Players

The global Paracetamol market is marked by some strong competition from the major players operating in this industry. Many merger and acquisition, joint venture and partnership agreement, product innovation, research and development and geographical extension are some of the key strategies adopted by this player to ensure long term sustenance in these market key participants in the global Paracetamol industry include

Mallinckrodt

Anqiu Lu’an

Granules India

Zhejiang Kangle

Farmson….more

Segmentations

The Paracetamol market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

Product Type Segmentation

Powder, Granules

Industry Segmentation

Tablet Drug, Granules Drug, Oral Solution

Regional Segmentation

The report studies factors affecting Paracetamol market from both demand and stream side and more estimates market dynamics moving the market during upcoming years i.e., drivers, limits, prospects, and forthcoming trend. The report also delivers comprehensive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors moving the Paracetamol development market in these regions.

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Global Industry News:

Mallinckrodt Supports Investigator-Initiated Study at Massachusetts General Hospital to Assess Effectiveness of Inhaled Nitric Oxide in Patients with Severe Acute Respiratory Distress Syndrome Due to COVID-19

Mallinckrodt plc , a global biopharmaceutical company, announced today that it is supporting an investigator-initiated clinical study at Massachusetts General Hospital evaluating the potential benefits of inhaled nitric oxide as a treatment for pulmonary complications in patients infected with COVID-19. Mallinckrodt's support to Massachusetts General Hospital includes providing funding as well as INOmax® (nitric oxide) gas, for inhalation, to facilitate the study. The study is titled "Inhaled Nitric Oxide Gas Therapy in Mechanically Ventilated Patients with Severe Acute Respiratory Syndrome in COVID-19."

"Data suggest that inhaled nitric oxide may have an important role in helping patients with acute respiratory distress syndrome (ARDS) to achieve normal oxygen levels in the blood," said Lorenzo Berra, M.D., Medical Director of Respiratory Care at Massachusetts General Hospital. "The trial we are conducting will help us gain critical insights into the potential effectiveness of INOmax in treating ARDS in critically ill COVID-19 patients."

The primary focus of the study is to assess the potential efficacy of inhaled nitric oxide to rapidly reverse hypoxemia (abnormally low oxygen levels in the blood) in patients with severe COVID-19 lung complications . Specifically, it will determine the difference in oxygenation in patients after 48 hours of treatment. Secondary objectives include evaluating the time it takes for patients who are breathing air to reach normoxia (normal oxygen levels in the blood) for at least 24 hours; the proportion of patients who achieve normoxia during the first 28 days after enrollment; and the patient survival rate at 28 days and 90 days, among other objectives.

"Patients around the world are in need of science-based therapies that can effectively fight this life-threatening disease, and Mallinckrodt is committed to assisting health providers and government agencies to research and identify possible solutions to help relieve this global crisis," said Steven Romano, M.D., Executive Vice President and Chief Science Officer at Mallinckrodt. "We are extremely pleased to support Massachusetts General Hospital in these research efforts to potentially bring a new therapeutic option to physicians and patients who need it most."

Key Points Covered :

This research study inspects the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-complexity information regarding the development, trends, and industry policies and guidelines implemented in each of the geographical regions. Further, the overall directing framework of the market has been thoroughly covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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Major Points in Table of Contents:

Table of Contents

Section 1 Paracetamol Product Definition

Section 2 Global Paracetamol Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Paracetamol Shipments

2.2 Global Manufacturer Paracetamol Business Revenue

2.3 Global Paracetamol Market Overview

Section 3 Manufacturer Paracetamol Business Introduction

3.1 Mallinckrodt Paracetamol Business Introduction

3.1.1 Mallinckrodt Paracetamol Shipments, Price, Revenue and Gross profit 2014-2019

3.1.2 Mallinckrodt Paracetamol Business Distribution by Region

3.1.3 Mallinckrodt Interview Record

3.1.4 Mallinckrodt Paracetamol Business Profile

3.1.5 Mallinckrodt Paracetamol Product Specification

3.2 Anqiu Lu’an Paracetamol Business Introduction

3.2.1 Anqiu Lu’an Paracetamol Shipments, Price, Revenue and Gross profit 2014-2019

3.2.2 Anqiu Lu’an Paracetamol Business Distribution by Region

3.2.3 Interview Record

3.2.4 Anqiu Lu’an Paracetamol Business Overview

3.2.5 Anqiu Lu’an Paracetamol Product Specification

3.3 Granules India Paracetamol Business Introduction

3.3.1 Granules India Paracetamol Shipments, Price, Revenue and Gross profit 2014-2019

3.3.2 Granules India Paracetamol Business Distribution by Region

3.3.3 Interview Record

3.3.4 Granules India Paracetamol Business Overview

3.3.5 Granules India Paracetamol Product Specification

3.4 Zhejiang Kangle Paracetamol Business Introduction ………………. Request free sample to get a complete Table of Content



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Last Updated May 15, 2020