Report Code: A15063 | Pages: NA | Mar 2023 | 763 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Ranitidine Hydrochloride Market
Request Now !Ranitidine hydrochloride is a medication that reduces the amount of acid in the stomach. The excessive acid can result in indigestion, heartburn, and acid reflux along with gastroesophageal reflux disease (GORD). This drug helps in preventing stomach and gastrointestinal ulcers. It is available in the form of a tablet, which starts attacking the indigestion problem when taken 30–60 minutes before consuming any food or beverages. This is classified as a histamine H2-receptor antagonist or H-2 blocker, which mediates the gastric secretion.
Â
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 ranitidine hydrochloride market.
Top Impacting Factors
Market Trends
New product launches to flourish the market
In August 2018, Granules India Limited, a pharmaceutical company, got the approval of The Food and Administration (FDA) for Ranitidine HCL 150mg tablets and 150 mg Cool Mint (OTC), to treat gastroesophageal reflux disease (GERD).
Key Benefits of the Report
Questions Answered in the Ranitidine Hydrochloride report
Ranitidine Hydrochloride Market Report Highlights
Aspects | Details |
---|---|
By Drug Class |
|
By Application |
|
By Distribution Channel |
|
By Region |
|
Key Market Players | GlaxoSmithKline Plc, Boehringer Ingelheim GmbH, Strides Pharma Science Limited (Strides Shasun), Tocris Bioscience (R & D Systems), Merck KGaA, Sun Pharmaceutical Industries Limited |
Loading Table Of Content...
Start reading.
This Report and over 19,651+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers