Allied Market Research

2024

Guanethidine Market

Guanethidine Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Tablet, Eye Drops), by Application (Pharmaceutical Industry, Others) and by End User (Hospitals, Drug Stores, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Roshan Deshmukh
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Guanethidine is an antihypertensive drug that reduces the release of catecholamines, such as norepinephrine. It is transported across the sympathetic nerve membrane by the same mechanism that transports norepinephrine itself (NET, uptake 1), and uptake is essential for the drug's action. Once guanethidine has entered the nerve, it is concentrated in transmitter vesicles, where it replaces norepinephrine. It may also inhibit the release of granules by decreasing norepinephrine. Guanethidine is transported by uptake 1 into the presynaptic terminal transported by norepinephrine transporter (NET). (In this it competes with norepinephrine so can potentiate exogenously applied norepinephrine.) It becomes concentrated in norepinephrine transmitter vesicles, replacing norepinephrine in these vesicles. This leads to a gradual depletion of norepinephrine stores in the nerve endings. Once inside the terminal it blocks the release of norepinephrine in response to arrival of an action potential.

Guanethidine was once a mainstay for hypertension resistant to other agents, and was often used safely during pregnancy, but it is no longer used in the US due to lack of availability. It is still licensed in some countries, e.g., UK, for the rapid control of blood pressure in a hypertensive emergency. Intravenous nerve block (Bier block) using guanethidine has been used to treat chronic pain caused by complex regional pain syndrome.

COVID-19 Impact Analysis

COVID-19 is an infectious disease that originated in the Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.

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 industry is 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 guanethidine market.

Top Impacting Factors

Increase in prevalence in the cases of hypertension and stroke is the major driver for guanethidine market. Consumption of junk food, lack of proper healthy and balanced diet, and lack of proper sleep due to irregular work shifts have contributed to the increase in hypertension. Hypertension is the underlying factor for at least 45% of deaths due to heart disease and 51% of deaths due to stroke. Increase in geriatric population is also a reason of increasing hypertension and stroke cases across the globe.

There is availability of many substitutes for the drug which can be the market restraint. Many antihypertensive drugs are available in the market and thiazide diuretics are mainly preferred which inhibits the guanethidine market growth.

Surge in demand from developing countries due to the ongoing pandemic period creates opportunity to attract the investors toward the market growth.

Key Market Trends

In recent years, guanethidine eye drops have been used in the treatment of two different conditions: chronic simple glaucoma, and endocrine ophthalmopathy, which includes exophthalmos, ophthalmoplegia, lid lag and lid retraction, and is often associated with thyroid disease.

Multiple therapeutic actions of guanethidine makes it a potential candidate for research and attracts investors to boost the market growth.

Key Benefits of the Report

  • This study presents the analytical depiction of the guanethidine market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the guanethidine market share.
  • The current market is quantitatively analyzed to highlight the guanethidine market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed analysis depending on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in the Guanethidine Market Report

  • Which are the leading players active in the guanethidine market?
  • How is each segment of the market expected to grow during the forecast period?
  • What are the adoption trends for the guanethidine market in emerging economies and established economies across the world?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
  • What are the uses of guanethidine products?
  • What are the impacts of COVID-19 in the industry?
  • What is the guanethidine market prediction in the future?
  • What are the current trends and predicted trends?

Guanethidine Market Report Highlights

Aspects Details
Guanethidine Market By Type
By Type
  • Tablet
  • Eye Drops
Guanethidine Market By Application
By Application
  • Pharmaceutical Industry
  • Others
Guanethidine Market By End User
By End User
  • Hospitals
  • Drug Stores
  • Others
Guanethidine Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Rest of LAMEA)
Key Market Players
Key Market Players

Johnson & Johnson Ltd., Astra Zeneca Plc, Sanofi SA, Novartis AG, Lupin Limited, United Therapeutics, Pfizer Inc., Merck & Co. Inc., Ranbaxy Laboratories, Daiichi Sankyo Company Limited, Boehringer Engelheim GmbH, Bayer AG, Bayer AG.

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Guanethidine Market

Global Opportunity Analysis and Industry Forecast, 2023-2032