About Granisetron
Granisetron is used to prevent nausea and vomiting caused by cancer chemotherapy and radiation therapy. Granisetron is in a class of medications called 5-HT3 receptor antagonists. It works by blocking serotonin, a natural substance in the body that causes nausea and vomiting
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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 India and Germany Players will contribute the maximum growth to Global Granisetron 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.
Kyowa Kirin (Japan), Heron Therapeutics (United States), Fresenius Kabi (Germany), Hikma Pharmaceuticals (United Kingdom), Teva (Israel), Sandoz (Germany), Wockhardt (India), Aristo Pharmaceuticals Pvt Ltd (India), Mankind Pharma Ltd(India) and Cipla Ltd (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Sun Pharmaceutical Industries Ltd(India), Biochem Pharmaceutical Industries(India), Vibcare Pharma Pvt Ltd(India) and Dr Reddy's (India).
Segmentation Overview
AMA Research has segmented the market of Global Granisetron market by , Application (Chemotherapy, Radiotherapy, Nausea, Gastroparesis and Postoperative) and Region.
On the basis of geography, the market of Granisetron 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 Forms, the sub-segment i.e. Injection will boost the Granisetron market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Drug type, the sub-segment i.e. Generic drug will boost the Granisetron market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospital will boost the Granisetron market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing pharmaceutical research and funding
Market Growth Drivers:
The rise in the prevalence of cancers
Challenges:
Key competition between players
Restraints:
The adverse effect of the granisetron
Opportunities:
Increasing demand for personalized medicine
Market Leaders and their expansionary development strategies
In January 2022, Cumberland Pharmaceuticals Inc., a specialty pharmaceutical company, announced that it has entered into a definitive agreement to acquire the FDA-approved oncology-supportive care medicine SANCUSO (granisetron transdermal patch), from Kyowa Kirin, Inc. the U.S. affiliate of Japan-based Kyowa Kirin Co., Ltd. (Kyowa Kirin, TSE: 4151), a global specialty pharmaceutical company focused on discovering and delivering novel medicines.
In November 2021, Heron Therapeutics, Inc., a commercial-stage biotechnology company focused on improving the lives of patients by developing best-in-class treatments to address some of the most important unmet patient needs, announced financial results for the three and nine months ended September 30, 2021 and highlighted recent corporate updates.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Granisetron Manufacturer, 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.