Oxytocin Market Trends, Size, Key Vendors Analysis, Import & Export and Revenue by Forecast 2027

pranit savgave

Nov 11, 2022 • 3 min read

Oxytocin Market

Oxytocin Market Overview:

A research team conducted extensive primary and secondary research for the Oxytocin market analysis of the global industry. Secondary research was conducted to supplement the available information, segment the market, calculate the overall market size, and forecast market size and growth rate.

The neuropeptide hormone oxytocin has sparked a spike in market interest due to its pivotal role in human evolution. The peptide hormone has a role in a variety of physiological functions. It helps in birth, lactation, and maternal behaviour, among other things. For example, the oxytocin market has grown as a result of research into broadening oxytocin's roles beyond initiating birth.

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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.

One of the main factors driving the oxytocin market is a growing interest in social cognition. A rising number of placebo trials is accelerating market progress. Advances in neuroimaging technology have fuelled a lot of progress in this field. A variety of animal research has broadened the oxytocin market's possibilities. In addition, the rising number of induced births in developing countries has boosted the demand for hospitals and institutional delivery in many regions of the world. In the forecast period, advances in the neurobiology of oxytocin effects will increase revenue potential in the oxytocin market.

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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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)

COVID-19 Impact on Oxytocin market:

The COVID-19 outbreak has had a significant impact on the Oxytocin market. Due to the global economic downturn and a labour shortage, the development of Oxytocin production facilities has been put on hold. The COVID-19 pandemic has caused a significant and sustained decline in production utilisation. Additionally, staff visits to their facilities have been hindered by travel restrictions and facility closures, which will restrain the growth of the Oxytocin market in 2020. However, given the high demand for Oxytocin, the market effects of COVID-19 are anticipated to be transient. By the beginning of 2021, the industry is anticipated to fully recover.

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