Global Solifenacin Succinate Drug Market Overview:
Overactive bladder is a common condition that has an unfavourable effect on the quality of life. The appearance of urgency incontinence confers significant morbidity above and beyond that of OAB sufferers who are continent. The primary treatment for OAB and urgency incontinence is a combination of behavioural measures and antimuscarinic drug therapy. and Solifenacin Succinate Drug is used to treat overactive bladder (a condition in which the bladder muscles contract uncontrollably and cause frequent urination, urgent need to urinate, and inability to control urination). It is used to treat neurogenic detrusor overactivity (a bladder control condition caused by the brain, spinal cord or nerve problem) it works by relaxing the bladder muscles.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Novel Treatments, Robust Pipeline, and Patent Cliff of Certain Drugs
Market Growth Drivers:
Ageing Population and Rising Incidence of Diseases Characterized By OAB
Challenges:
Lack of Awareness regarding the drug
Restraints:
The adverse effect of the solifenacin succinate drug
Opportunities:
New emerging technologies and drug development with expanding health expenditure and infrastructure, rising number of elderly people are some major factor of growth opportunities
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Astellas Pharma, Inc. (Japan), Cadila Healthcare Limited (India), Alembic Pharmaceuticals (India), Teva Pharmaceutical Industries Limited (Israel), Mylan N.V. (United States), Hisamitsu Pharmaceutical Co., Inc. (Japan), Aurobindo Pharma Limited (India), Apotex, Inc. (Canada), Cogentix Medical, Inc. (United States), Enantiotech Co. Ltd. (China) and Sun Pharmaceutical Industries(India). Additionally, following companies can also be profiled that are part of our coverage like Hetero Healthcare Limited(India). Analyst at AMA Research see India Players to retain maximum share of Global Solifenacin Succinate Drug market by 2028. Considering Market by Form, the sub-segment i.e. Tablet will boost the Solifenacin Succinate Drug market. Considering Market by End User, the sub-segment i.e. Hospitals will boost the Solifenacin Succinate Drug market. Considering Market by Dosage Availability, the sub-segment i.e. 5 mg will boost the Solifenacin Succinate Drug market.
In May 2019 Alembic Pharmaceuticals the Company has received approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Solifenacin Succinate Tablets, 5 mg and 10 mg
What Can be Explored with the Solifenacin Succinate Drug Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Solifenacin Succinate Drug Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Solifenacin Succinate Drug
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Solifenacin Succinate Drug market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Solifenacin Succinate Drug market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Solifenacin Succinate Drug Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.