What is Raloxifene Hydrochloride Market?
Raloxifene Hydrochloride is the hydrochloride salt form of raloxifene, a selective benzothiophene estrogen receptor modulator (SERM) with lipid-lowering effects that is indicated for the treatment and prevention of osteoporosis in postmenopausal women. It is a hydrochloride salt resulting from the reaction of equimolar amounts of raloxifene and hydrogen chloride. This is useful to slows down bone loss and helps to keep bones strong, making them less likely to break. It may also help to lower the chance of getting a certain type of breast cancer (invasive breast cancer) after menopause.
The market study is being classified by Type (Tablet and Capsule), by Application (Pharmaceuticals, Chemicals and Others) and major geographies with country level break-up.
Sigma-Aldrich (Germany), Eli Lilly and Company (United States), InvaGen Pharmaceuticals Inc (United States), Actavis (United States), Cadila Pharmaceuticals Ltd. (India), Camber Pharmaceuticals Inc. (United States), Teva Pharmaceutical Industries Ltd. (Israel), Sanika Chemicals PVT. LTD. (India) and Taj Pharmaceutical Limited (India) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Amneal Pharmaceuticals LLC (United States), Aurobindo Pharma Limited (India) and Glenmark Pharmaceuticals Limited (India).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Raloxifene Hydrochloride market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Raloxifene Hydrochloride market by Type, Application and Region.
On the basis of geography, the market of Raloxifene Hydrochloride 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Prevalence of Osteoarthritis in Women
- Increasing Applications of Raloxifene Hydrochloride for Various Diseases
- Rise in the Number of Online Pharmacies
Market Trend
- Increased Research and Development Activities
- Increasing Awareness aboout Use of Raloxifene Hydrochloride
Restraints
- Side Effects of the Raloxifene Hydrochloride
Opportunities
- Increasing Geriatric Population Worldwide
- Growth in the Healthcare Industry Worldwide
Challenges
- Stringent Government Rules and Regulations
Key Target Audience
Raloxifene Hydrochloride Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
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