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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Amiodarone Hydrochloride Market
Request Now !Amiodarone (cordarone) is a type of medication, which is known as class III antiarrhythmics. It is used to treat and prevent recurrent hemodynamically, irregular heartbeats, ventricular arrhythmias such as ventricular fibrillation, ventricular tachycardia, and wide complex tachycardia, supraventricular tachycardia, atrial fibrillation, and paroxysmal. It relaxes the overactive heartbeat by slowing down the nerve activity. Amiodarone can be used for both life-threatening situation as well as a long-term suppression of arrhythmias, be it supraventricular or ventricular.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years | 2021–2030 |
Base Year Considered | 2020 |
Forecast Period | 2021–2030 |
Forecast Unit | Value (USD) |
Segments Covered | Type, Purity Level, Distribution Channel, and Region |
Companies Covered | Piramal Pharma Limited, Olon, Glenmark Pharma, CTX Lifesciences, PMC Isochem, Zhejiang Sanmen Hengka, United Pharma Industri, Cambrex, Ltd, Unichem Laboratories Limited, Arevipharma, Globe Quimica Ltda, Sanofi, and Shanghai Pharmaceutical Group Co. |
COVID-19 Impact analysis
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected to witness a significant growth in the future, owing to the demand for vaccine and treatment drugs for COVID-19. This, in turn, is expected to have a significant impact on the amiodarone market.
Top Impacting Factors
Market Trends
New product launches to flourish the market
In 2018, Mayne Pharma Group Limited, an Australian pharma company, announced the launch of amiodarone 200mg tablets, a generic alternative to the Cordarone® tablets in the U.S.
In 2021, Piramal Pharma Limited, a pharmaceutical company, took over Hemmo Pharmaceuticals Pvt Ltd., which is a leading Indian manufacturer of Peptide APIs, to enhance product portfolio.
Key Benefits of the Report
Questions Answered in the Amiodarone Report
Key Market Segments
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