Market Analysis:

The global Duloxetine API Market Trends is likely to touch USD 3,985.0 million at a 3.52% CAGR between 2017- 2023, reveals the new Market Research Future (MRFR) report. Active pharmaceutical ingredients or API are utilized to manufacture pharmaceutical formulations. Duloxetine is an effective serotonin-norepinephrine reuptake inhibitor that is used to treat anxiety and depression. Besides, it is also used to relieve neuropathic pain in those with ongoing pain due to medical conditions like fibromyalgia, chronic back pain, or arthritis, or those suffering from diabetes.

Duloxetine blocks the reabsorption of serotonin and neurotransmitters norepinephrine in the brain. Serotonin is a naturally occurring neurotransmitter that plays an imperative role in various bodily functions such as pain perception, gastrointestinal function, and mood regulation. Noradrenaline or norepinephrine is both a neurotransmitter and a hormone. This chiefly acts in the locus coeruleus, which is a part of the brainstem. It impacts how people perceive the thought process, blood pressure, movement, emotions, mood, and pain. Duloxetine helps to boost the amount of norepinephrine and serotonin in the brain. Such chemicals stop the movement of the pain signals in the brain and keep mental balance. Chronic musculoskeletal pain, neuropathic pain, fibromyalgia, generalized anxiety disorder, major depressive disorder, and others are some of its key applications.

Various factors are adding to the duloxetine API market share. Such factors, as revealed by the latest MRFR report, include the increasing trend of outsourcing, rising prevalence of anxiety, rising penetration of generic drugs, and increasing cases of depression. Besides, the burgeoning demand for newly made small molecule drugs is also adding market growth.

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Market Segmentation:

The Market Research Future Report provides an inclusive segmental analysis of the global duloxetine API market based on application.

By application, the duloxetine API market is segmented into chronic musculoskeletal pain, neuropathic pain, fibromyalgia, generalized anxiety disorder, major depressive disorder, and others. Of these, the chronic musculoskeletal pain segment will have a major share in the market over the forecast period. It was valued USD 200.0 million in 2017.

Regional Analysis:

By region, the global duloxetine API market covers the growth opportunities and recent trends across Europe, the Americas, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, the Americas will lead the market over the forecast period. Factors propelling the duloxetine API market growth in the region include technological advances in the manufacturing techniques of APIs, rising prevalence of preventable chronic diseases like diabetes and depression, and increasing focus from the government on generic drugs.

The duloxetine API market in Europe is predicted to hold the second-largest share over the forecast period for the burgeoning demand for APIs. France, Germany, and the UK are the key contributors in the region.

The duloxetine API market in the APAC region is predicted to have significant growth over the forecast period. Increasing expenditure on healthcare has resulted in quality healthcare turning accessible together with a burgeoning demand for pharmaceutical products all over the region. Japan is a key contributor in the region.

The duloxetine API market in the MEA is predicted to have a small share in the market for the selected number of companies making duloxetine API.

Key Players:

Key players profiled in the global duloxetine API market report include Zhejiang Huahai Pharmaceutical Co., Ltd (China), Shionogi Inc. (US), Apotex Inc. (Canada), Hetero (India), Shodhana Laboratories (India), Eli Lilly and Company (United States), Zydus Cadila (India), Lupin (India), Aurobindo Pharma (India), Sun Pharmaceutical Industries Ltd (India), and Teva Pharmaceutical Industries Ltd (Israel). Industry players have incorporated several strategies such as contracts, mergers, acquisitions, joint ventures, product launch, strategic alliances, and extensive R&D activities to create a niche in the market.

Table Of Content:

1 Executive Summary

2 Market Introduction

2.1 Definition 14

2.2 Scope Of The Study 14

2.3 Market Structure 14

3 Research Methodology

3.1 Research Process 15

3.2 Primary Research 16

3.3 Secondary Research 17

3.4 Market Size Estimation 18

3.5 Forecast Model 18

4 Market Dynamics

4.1 Overview 19

4.2 Drivers 19

4.2.1 Rising Rates Of Anxiety Cases 19

4.2.2 Increasing Prevalence Rates Of Depression 20

4.2.3 Increasing Penetration Of Generic Versions Of Drugs 20

4.2.4 Strong Drug Pipeline 20

4.2.5 Growing Demand For Newly Developed Small Molecule Drugs 20

4.2.6 Growing Trend Of Outsourcing 20

4.3 Restraints 21

4.3.1 Changing Economic Conditions In Different Regions 21

4.3.2 Side-Effects Of Duloxetine 21

4.4 Opportunities 22

4.4.1 Advancements In API Manufacturing 22

4.4.2 Patent Expiry Creating Opportunities For Generic And API Manufacturers 22

5 Market Factor Analysis

Continue….

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