Metoprolol Succinate Market Scope
Metoprolol Succinate is a beta-blocker used to treat chest pain (angina), heart failure, and high blood pressure. Lowering high blood pressure helps prevent strokes, heart attacks, and kidney problems. It works by blocking the action of certain natural chemicals in your body (such as epinephrine) that affect the heart and blood vessels. This lowers heart rate, blood pressure, and strain on the heart.
The Metoprolol Succinate market study is segmented by Type (25mg, 50mg, 100mg and 200mg), by Application (Hypertension, Angina and Others) and major geographies with country level break-up.
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency, and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies. Research Analyst at AMA estimates that United States and India Players will contribute to the maximum growth of Global Metoprolol Succinate market throughout the predicted period.
Lannett Co Inc (United States), Hema Pharmaceuticals (India), Ravoos Laboratories Limited (India), Aralez (Canada), AstraZeneca plc (United Kingdom), Tecoland (United States), Surya Life Sciences Ltd (India), Cipla Limited (India) and Sun Pharmaceutical Industries Limited (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Metoprolol Succinate market by Type, Application and Region.
On the basis of geography, the market of Metoprolol Succinate 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).
In Oct 2018, Cipla Limited announced that it has received final approval for its Abbreviated New Drug Application(ANDA) for Metoprolol ER Tablets 50mg, 100mg, 200mg from the United StatesFood and Drug Administration (US FDA)., and In Aug 2018, Sun Pharmaceutical Industries Ltd. announced that Sun Pharma has launched Kapspargo Sprinkle (metoprolol succinate) extended-release capsules in the US, for the treatment of hypertension (to lower blood pressure), angina pectoris (chest pain), and heart failure (to reduce the risk of cardiovascular mortality and heart failure hospitalization in patients with heart failure).
Market Trend
- Technological advancements in Production of Pharmaceuticals
Market Drivers
- Increasing Number of Hypertensive Patients across the world
- Growing Cardiovascular Diseases such as High Blood Pressure Amongst Old Age Population
Opportunities
- Growing Demand from Emerging Market such as China, India, Brazil, among others
- The Growth in Number of Geriatric Population Across the Globe
Restraints
- Issue related to Some Side Effect of Drugs
Challenges
- Stringent Regulatory Policies by Governing Bodies Coupled With High Cost of Clinical Trials
Key Target Audience
Manufacturers of Metoprolol Succinate, Suppliers of Metoprolol Succinate, Raw MAterial Suppliers, Research and Development (R&D) Companies, Research Organization, Federal Agencies, Potential Investors and Others
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase