Global Oxytocin Market Growth, Statistics, By Application, Production, Revenue and Forecast To 2027
Global Oxytocin Market Overview:
This Global Oxytocin market study's purpose is to give an overview of the Global Oxytocin market as well as extensive market segmentation based on connection type, end-use, and geography. The report includes vital information on the market positions of the major Global Oxytocin companies, as well as notable industry trends and prospects.
The race for the global oxytocin market gathered up speed significantly. This is primarily owing to scientists looking into the significance of oxytocin in human well-being, considering how important it may be in influencing social behaviours and modifying emotions in humans and other species. Exogenously delivered oxytocin has been shown to improve a variety of social behaviours. The healthcare sector, in particular, is banking on oxytocin's enormous potential in mental illnesses, as a cancer biomarker, and in the development of a wide variety of treatments, including analgesics.
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Global Oxytocin Market Dynamics:
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.
Global 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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Global 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)
- Sun Pharmaceutical Industries Ltd. (Mumbai)
Global Oxytocin Market Regional Analysis:
The study also offers a complete PESTLE analysis for each of the five regions, namely North America, Europe, Asia Pacific, the Middle East and Africa, and South America, after considering the political, economic, social, and technical elements impacting the Global Oxytocin market in these regions.
COVID-19 Impact Analysis on Global Oxytocin Market:
Customer behaviour has changed as a result of the COVID-19 epidemic in all areas of society. Industries, on the other hand, will need to revise their strategy to account for changing market supply. This report provides an overview of the COVID-19's influence on the Global Oxytocin market and will assist you in developing your business in accordance with the new industry standards.
Key Questions answered in the Global Oxytocin Market Report are:
- Which product segment had the largest share in the Global Oxytocin market in 2020?
- How is the competitive landscape of the Global Oxytocin market?
- Which are the key factors aiding the Global Oxytocin market growth?
- Which region holds the maximum share in the Global Oxytocin market?
- What will be the CAGR of the Global Oxytocin market during the forecast period (2021-2027)?
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