About Dexmedetomidine
The increasing healthcare infrastrure will help to boost global Dexmedetomidine market in the forecasted period. Dexmedetomidine is a sedative that is used to sedate a patient who is under intensive medical care and needs a mechanical ventilator (breathing machine). Sedation with dexmedetomidine can help keep the patient relaxed and comfortable while the ventilator and tube are in place.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that European Players will contribute the maximum growth to Global Dexmedetomidine market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Pfizer Inc. (United States), Advanced Technology & Industrial (Hong Kong), 3B Scientific (Germany), Zoetis (United States), Vetoquinol (France), Puho Pharmaceutical (China), Shanghai Xuxin Chemical Technology (China), Medindia4u.com Pvt. Ltd. (India), Orion Pharma (UK) Limited (United Kingdom) and Vetoquinol (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dexmedetomidine market by Type (0.004mg / mL, 0.1 mg / mL, 0.5 mg / mL, 1 mg / mL and Others), Application (Intensive Care Unit Sedation, Procedural Sedation and Others) and Region.
On the basis of geography, the market of Dexmedetomidine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Dexmedetomidine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growth in R&D of Sedative Drugs and Rising Demand in Intensive Care Unit Sedation
Market Growth Drivers:
Increasing Surgical Procedures Worldwide and High Adoption Due to Use in Anesthesia
Challenges:
Stringent Government Regulations
Restraints:
Extra Dose Causes Side Effects
Opportunities:
Growing Healthcare Expenditure in Developing Countries
Market Leaders and their expansionary development strategies
In May 2021, Hikma launched Dexmedetomidine Hydrochloride in 0.9% Sodium Chloride Injection. Dexmedetomidine Hydrochloride in 0.9% Sodium Chloride Injection is indicated for the sedation of initially intubated and mechanically ventilated patients during treatment in an intensive care setting and of non-intubated patients prior to and/or during surgical and other procedures.
In April 2022, BioXcel Therapeutics, Inc, a biopharmaceutical company utilizing artificial intelligence (AI) approaches to identify and develop transformative medicines in neuroscience and immuno-oncology, announced that the U.S. Food and Drug Administration (FDA) has approved IGALMI sublingual film for the acute treatment of agitation associated with schizophrenia or bipolar I or II disorder in adults.1 IGALMI can be self-administrated by patients under the supervision of a healthcare provider.
Key Target Audience
Dexmedetomidine Suppliers, Dexmedetomidine Manufactures, Dexmedetomidine Distributors, Pharmaceuticals Companies, Industry Associations, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.