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Erdosteine Market to exceed $150mn by 2025: Global Market Insights, Inc.

Author : Ravi Chawat | Published Date : 2020-09-24 

The erdosteine market is poised to rise from USD 90 million in 2018 to around USD 150 million by 2025, according to a 2019 Global Market Insights, Inc. report. Increasing demand for mucus regulating medicines owing to rise in air contaminants such as toxic gases, pollen, dust, organic material, emissions from vehicles and factories will boost the market for active pharmaceutical ingredient erdosteine. Contaminates in air cause inflammation of the larynx & pharynx thus heightening the production of phlegm. The erdosteine based medicines market share will increase as they are used to reduce the viscosity and sticky nature of mucus, making it easier to cough.

Change in consumer perceptions towards safety of medicines with factors such as clinical efficacy and low side effects will stimulate erdosteine market size. It exhibits low side effects and has been given the designation of orphan drug by FDA.

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Erdosteine market from nasopharyngitis application may witness significant gains at around 5.5% by 2025. Increasing nasopharyngitis or common cold cases due to the rising allergy and weak immune system will boost the market for erdosteine based syrups and tablets. It is widely used in the pharmaceutical sector to reduce inflammation in the nasal passage.

Excessive smoking habits increases respiratory diseases risk such as asthma & bronchitis which exhibit the symptoms of cough, sore throat, stuffy nose, and congestion.

U.S. erdosteine active pharmaceutical ingredient (API) market demand from contract manufacturing companies (CMOs) may witness significant gains at over 6.5% during the forecast period. Rise in consumer consciousness toward customized medicines and stringent government regulations on pharmaceutical products will stimulate erdosteine market growth. Changing perceptions toward reduced costs and flexibility in manufacturing will boost the market share.

Browse key industry insights spread across 180 pages with 148 market data tables and 46 figures & charts from the report, “Erdosteine Market Size By Application (Bronchitis, Chronic Obstructive Pulmonary Disease, Nasopharyngitis), By End-Use (Pharmaceutical, Contract Manufacturing Companies, Research Institute), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, China, India, Japan, South Korea, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/erdosteine-market

Italy erdosteine market share may expect consumption at over 35 tons during the predicted timeframe. Increase in elderly population and change in environmental conditions will boost the market for erdosteine based cough syrups and cold medicines. Increased prevalence of respiratory problems such as nasopharyngitis owing to cold temperature and weakened immune systems will stimulate regional market growth. Moreover, increasing importance owing to medical research and technological innovation in this sector may contribute towards the regional industry growth.

China erdosteine market demand may register significant gains at over 7% by the end of forecast period. Increasing cases of respiratory problems such as laryngopharyngitis and chronic sinusitis owing to rise in pollutions & contaminants like pollen, oxides, and harmful gasses will boost the industry demand. Rising cases of bronchitis in India, China, and South Korea due to an increase in air contaminants such as carbon mono oxide will stimulate the market share.

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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