About Levonorgestrel API
Levonorgestrel API is a hormonal medication used in birth control medicines. It is combined with an estrogen to make combination birth control pills. It is useful within 120 hours as emergency birth control. Levonorgestrel API tricks the body processes into thinking that ovulation has already occurred, by maintaining high levels of the synthetic progesterone. This prevents the release of eggs from the ovaries. The growing demand for the birth control pills has driven the market size.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.77% |
The global levonorgestrel API market is fragmented by numerous key players who have the bargaining power high in this market as there are many regional manufacturers. Despite the presence of competition and brand effect problems, due to the awareness of end-users and demand for levonorgestrel based products, the investors are still optimistic about this area. There will be more new investors entering into this industry in the future. 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.
ScinoPharm (Taiwan), 3M Drug Delivery Systems (United States), Bayer AG (Germany), Cipla (India), Gedeon Richter (Hungary), Hangzhou Longshine Bio-Tec (China), Hubei Gedian Humanwell Pharmaceutical, Indo Phyto Chemicals (India), Industriale Chimica (Italy), Jenapharm (Germany), Lupin Limited (India), Naari AG (Switzerland), Qinhuangdao Zizhu Pharmaceutical (China), Sterling Chemical Malta Ltd (Malta), Symbiotec Pharmalab Private Limited (India) and Yangzhou Pharmaceutical (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Levonorgestrel API market by Type (Innovative API and Generic API), Application (Birth Control and Hormone Therapy) and Region.
On the basis of geography, the market of Levonorgestrel API 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 Drugs Type, the sub-segment i.e. Prescription Drugs will boost the Levonorgestrel API market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Grade, the sub-segment i.e. BP (British Pharmacopoeia) will boost the Levonorgestrel API market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Over-The-Counter Drug Purchases
Market Growth Drivers:
Rising Demand For Birth Control Pills Worldwide and Increasing Investment In Pharmaceutical Development
Challenges:
Availability Of Counterfeit Drugs
Restraints:
Risk Of Side Effects Such As Irregular Bleeding, Nausea, Abdominal Pain, Vomiting Etc.
Opportunities:
Ease Availability Of Levonorgestrel API In Emerging Countries and Prospective Trials Of Levonorgestrel As Emergency Contraception
Market Leaders and their expansionary development strategies
In July 2023, Medicines360, a global nonprofit organization with a mission to catalyze equitable access to quality medicines for women, announced today that the U.S. Food and Drug Administration (FDA) has approved its supplemental New Drug Application (sNDA) for LILETTA® (levonorgestrel-releasing intrauterine system) 52 mg for treatment of Heavy
In February 2023, Lupin Ltd, a leading pharmaceutical company, has received approval from the US Food and Drug Administration (FDA) for its generic 'Minzoya' tablets, designed to prevent pregnancy. This approval, covering the abbreviated new drug application for Minzoya (Levonorgestrel and Ethinyl Estradiol tablets, and Ferrous Bisglycinate tablets) with strengths of 0.1 mg/0.02 mg and 36.5 mg, positions Lupin to offer an affordable alternative to the branded counterpart, Balcoltra (Levonorgestrel and Ethinyl Estradiol Tablets, USP, and Ferrous Bisglycinate Tablets) 0.1 mg/0.02 mg and 36.5 mg from Avion Pharmaceuticals LLC.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Levonorgestrel API Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
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.