About Levobupivacaine
Levobupivacaine is a long-acting local anesthetic with a clinical profile closely resembling that of bupivacaine. However, current preclinical safety and toxicity data show an advantage for levobupivacaine over bupivacaine. Clinical data comparing levobupivacaine with ropivacaine are needed before the role of the drug can be fully established. Excluding pharmacoeconomic considerations, levobupivacaine is an appropriate choice for use in place of bupivacaine.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.0% |
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. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Levobupivacaine 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.
AbbVie Inc. (United States), AstraZeneca plc (United Kingdom), Purdue Pharma L.P. (United States), Maruishi Pharmaceutical. Co., Ltd. (Japan), Abbott Laboratories (United States), Pfizer Inc. (United States), Anesiva (United States), Pacira BioSciences, Inc. (United States), Recipharm AB (Sweden) and Biotechnica Pharma Global (Algeria) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Cristalia Produtos Quimicos Farma.(Brazil), Dishman Carbogen Amcis (India), Green Stone Swiss Co ., Ltd (China) and Zhuhai Rundu Pharmaceutical Co., Ltd (China).
Segmentation Overview
AMA Research has segmented the market of Global Levobupivacaine market by , Application (Oral Surgery Procedures, Diagnostic And Therapeutic Procedures, Obstetrical Procedures and Others) and Region.
On the basis of geography, the market of Levobupivacaine 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 Patient Type, the sub-segment i.e. Adult will boost the Levobupivacaine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Contraindication, the sub-segment i.e. Hypotension will boost the Levobupivacaine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Dosage, the sub-segment i.e. 0-25 mg will boost the Levobupivacaine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Healthcare Infrastructure in Developing Economies
Market Growth Drivers:
Increasing Demand For Clinical Anesthesia Practice From Doctors and Growing demand from Epidural Anesthesia for Gynecological Surgery
Challenges:
High Cost Associated With Levobupivacaine
Restraints:
Strict Rules and Regulations
Opportunities:
Growing Innovation and Research & Development in Levobupivacaine Drug
In March 2020, Celltech Group's Chirocaine (levobupivacaine) was launched in the USA, its first market, by partner Purdue Pharma for use as a local or regional anesthetic in surgery and obstetrics and for the management of postoperative pain.
Key Target Audience
Levobupivacaine Drug Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users 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.