Marché mondial du montélukast sodique – Tendances et prévisions de l’industrie jusqu’en 2031

Analyse et taille du marché du montélukast sodique

Selon l’Organisation mondiale de la santé (OMS), l’asthme touche environ 235 millions de personnes dans le monde. La rhinite allergique touche une part importante de la population mondiale et constitue l’une des maladies chroniques les plus courantes. Selon les estimations de l’OMS, la rhinite allergique touche 10 à 30 % de la population mondiale.

Data Bridge Market Research analyse que le marché du montélukast sodique, qui était de 452,00 millions USD en 2023, monterait en flèche pour atteindre 1 431,51 millions USD d'ici 2031 et devrait connaître un TCAC de 15,5 % au cours de la période de prévision. Cela indique la valeur du marché. Les « comprimés » dominent le segment des formes posologiques du marché du montélukast sodique en raison de la demande croissante de meilleures méthodes de traitement chez les patients. En plus des informations sur les scénarios de marché tels que la valeur marchande, le taux de croissance, la segmentation, la couverture géographique et les principaux acteurs, les rapports de marché organisés par Data Bridge Market Research comprennent également une analyse approfondie des experts, l'épidémiologie des patients, l'analyse du pipeline, l'analyse des prix et le cadre réglementaire.

Portée du rapport et segmentation du marché

Définition du marché

Montelukast sodium is a medication belonging to the class of leukotriene receptor antagonists (LTRAs). It is used primarily for the maintenance treatment of asthma and to relieve symptoms of seasonal allergies (allergic rhinitis) in adults and children as young as six months old. Montelukast sodium works by blocking the action of leukotrienes, which are substances in the body that contribute to inflammation, bronchoconstriction, and other allergic reactions in the airways. It is available in various formulations, including tablets, chewable tablets, and oral granules, and is typically taken once daily.

Montelukast Sodium Market Dynamics

Drivers

• Rising Prevalence of Respiratory Diseases

The increasing prevalence of respiratory diseases such as asthma and allergic rhinitis and factors such as air pollution, smoking, genetic predisposition, and changing lifestyles contribute to the rising incidence of these conditions globally. As a result, there is a growing demand for effective medications such as Montelukast Sodium to manage and treat these respiratory disorders.

• Growing Awareness and Adoption of Asthma Management Therapies

With increasing awareness about asthma and allergic rhinitis management, there has been a rise in the adoption of pharmacological treatments among patients. Healthcare providers emphasize the importance of preventive measures and long-term management strategies for these conditions. Montelukast Sodium, an effective leukotriene receptor antagonist, is prescribed as a maintenance therapy to control symptoms and reduce the frequency of asthma attacks and allergic reactions. The growing adoption of Montelukast Sodium is driving its demand in the market.

Opportunities

• Expanding Applications and Indications

While Montelukast Sodium is primarily used to treat asthma and allergic rhinitis, there are opportunities to explore and develop its applications for other respiratory conditions or related disorders. Research and clinical trials could uncover its efficacy in conditions such as chronic obstructive pulmonary disease (COPD), exercise-induced bronchoconstriction, or even certain types of allergic dermatitis. Expanding the range of indications for Montelukast Sodium could open up new market segments and increase its overall market share.

• Focus on Pediatric Population

Asthma and allergic rhinitis are prevalent among children, and there is a significant need for safe and effective medications for pediatric patients. Montelukast Sodium is already approved for pediatric use and is available in various formulations suitable for children. Capitalizing on the pediatric segment by developing child-friendly formulations, such as chewable tablets or flavored granules, and conducting targeted marketing efforts toward parents and healthcare providers can be a lucrative opportunity in the Montelukast Sodium market. Additionally, investing in pediatric clinical trials to gather more data on safety and efficacy in children can further strengthen the product's position in this segment.

Restraints/Challenges

• Generic Competition

Montelukast Sodium has lost patent protection in many regions, leading to the entry of numerous generic manufacturers into the market. Generic competition often leads to price erosion, as generic versions are typically offered at lower prices than branded products. This is impacting the revenue potential for branded Montelukast Sodium products, posing a challenge for companies to maintain market share and profitability.

• Regulatory Scrutiny and Safety Concerns

Regulatory agencies have issued warnings and required updated labeling to reflect these safety concerns. Addressing these safety issues, conducting further research to understand the risks better, and implementing risk mitigation strategies present challenges for manufacturers in maintaining consumer confidence and regulatory compliance while ensuring the continued availability of montelukast sodium in the market.

This montelukast sodium market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Montelukast Sodium market contact Data Bridge Market Research for an analyst brief, our team will help you make an informed market decision to achieve market growth.

Recent Developments

• In December 2021, Drug firm Morepen Laboratories received approval from the United States health regulator to market its generic anti-allergy drug (Fexofenadine Hydrochloride) in the American market
• In March 2021, Valeo Pharma Inc. entered into a commercialization and supply agreement with Novartis Pharmaceuticals Canada Inc. for the Canadian commercialization by Valeo of two asthma therapies, Enerzair Breezhaler, glycopyrronium, and mometasone furoate and Atectura Breezhaler

Montelukast Sodium Market Scope

The montelukast sodium market is segmented on the basis of dosage form and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Dosage Form

• Tablets
• Oral Solutions

Application

• Asthma
• Allergic Rhinitis
• Urticaria
• Other Applications

Montelukast Sodium Market Regional Analysis/Insights

The montelukast sodium market is analysed and market size insights and trends are provided by country, dosage form, and application as referenced above.

The countries covered in the montelukast sodium market report are U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, and Rest of Middle East and Africa.

North America is expected to dominate the market because of the strong base of healthcare facilities, the strong presence of major players in the market, the extraordinary healthcare infrastructure, and the large pool of patients.   

Asia-Pacific is expected to witness significant growth due to the increase in government initiatives to promote healthcare, the rising health awareness among the people and growing demand for advanced medical technology for diagnosis and treatment procedures, the large population pool, and the growing demand for quality healthcare in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure Growth Installed Base and New Technology Penetration

The market also provides you with a detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the market, the impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on the Montelukast Sodium market.

Competitive Landscape and Montelukast Sodium Market Share Analysis

Le paysage concurrentiel du marché fournit des détails par concurrents. Les détails inclus sont la présentation de l'entreprise, les finances de l'entreprise, les revenus générés, le potentiel du marché, les investissements dans la recherche et le développement, les nouvelles initiatives du marché, la présence mondiale, les sites et installations de production, les capacités de production, les forces et les faiblesses de l'entreprise, le lancement du produit, la largeur et l'étendue du produit, la domination des applications. Les points de données ci-dessus fournis ne concernent que l'orientation des entreprises par rapport au marché.

Certains des principaux acteurs opérant sur le marché sont :

• Teva Pharmaceuticals USA Inc. (États-Unis)
• Merck & Co. Inc. (États-Unis)
• Cipla Limited (Inde)
• Laboratoires Morepen (Inde)
• Sanofi Aventis SA (France)
• SUN PHARMA (Inde)
• Intas Pharmaceuticals Ltd (Inde)
• Delmar Chimie Inc. (Canada)
• SK Capital (Apotex Inc.) (Canada)
• Sanyo Chemical Industries Ltd (Japon)

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