Report Code: A12306 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Methenamine Market
Request Now !Methenamine is an antibiotic that eliminates bacteria, which cause urinary tract infections (UTIs). It is prescribed in chronic infections and to prevent recurrence of infections on a long-term basis. This antibiotic is not prescribed for fever, cold, flu, or other viral infections.
It works as a urinary antiseptic, and it safely produces formaldehyde to inhibit bacterial growth while preventing bacterial resistance. It significantly decreases the recurrence of bacteriuria up to 25 months when compared with placebo. In older adults, urinary tract infections can lead to severe and life-threatening infections. Physiological factors that change with age are responsible for the increased frequency of UTI recurrence in older adults.
COVID-19 Impact Analysis
After the COVID-19 virus outbreak in December 2019, the World Health Organization announced it a public health emergency. The disease has spread to over 100 countries and affected lives around the globe. Particularly the global manufacturing, pharmaceutical, tourism, and financial markets have been hit hard. The outbreak of the pandemic has added risk factors to the already weak growth of the world economy. However, the descending pressure on the world economy that once showed signs of improvement in the previous period has improved again.
Furthermore, the high costs associated with the installation and maintenance of the machines are also a factor that may hinder the revenue growth of the global methenamine market throughout this forecast period.
Top Impacting Factors
Market Trends
New Product Launches to Flourish the Market
Surge in Global Methenamine Market
Many leading players in the global methenamine market are concentrating on the extension of their business operations in promising regions. In addition, companies in the global methenamine market are plotting strategies for product modernization and development of product portfolio not only by venture capital but also by mergers and acquisitions.
Key Benefits of the Report
Questions Answered in the Methenamine Report
Methenamine Market Report Highlights
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Key Market Players | Shchekinoazot JSC, Feno Resinas, Linze Chemical, COPENOR, Guangzhou Hanpu Pharmaceutical, Simalin, Sina Chemical, Runhua Chemical, Xudong Chemical, Shengxuelong Chemical |
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