Market Overview:
The global mycophenolic acid market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising prevalence of autoimmune diseases, increasing research and development activities for new applications of mycophenolic acid, and growing demand for generic drugs. However, the high cost of branded drugs is restraining the growth of this market. The global mycophenolic acid market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into industrial grade, pharmaceutical grade, and others. The pharmaceutical grade segment is expected to account for a major share in terms of revenue in 2018 owing to its widespread use in medical applications. On the basis on application; it can be classified into medical use (such as organ transplantation), research use (such as drug discovery), and others (including cosmetics). The medical use segment accounted for a majority share in 2017 due to rising demand for mycophenolic acid-based drugs for treating various autoimmune diseases such as rheumatoid arthritis and Crohn’s disease. Geographically speaking; North America held a dominant position in 2017 followed by Europe due to increased funding by government agencies & private players towards R&D activities pertaining to novel applications Mycophenolate mofetil) MPA) therapy area .
Product Definition:
Mycophenolic acid (MPA) is a medication used to prevent organ rejection in people who have received a kidney transplant. It is also used to treat severe psoriasis.
Industrial Grade:
Industrial grade mycophenolic acid is a form of mycophenolate. It’s an organic chemical compound, which is widely used as a nutritional supplement in the sports industry. The product has witnessed significant growth over the past few years owing to its increasing application in clinical medicine and pharmaceutical industries.
Pharmaceutical Grade:
Pharmaceutical grade is the purity level of a drug or pharmaceutical product. It's an important factor to be considered while manufacturing, distributing and using mycophenolic acid in any form. Pharmaceutical grade ensures highest quality, efficacy and safety standards for every dosage of mycophenolic acid produced as well as used in research & clinical applications.
Application Insights:
Medical use of mycophenolic acid accounted for the largest share in 2017. It is used as an immunosuppressive agent and to treat patients with SLE, rheumatoid arthritis, Crohn's disease and ulcerative colitis. The drug has a low toxicity profile; therefore it is used in various medical applications including organ transplantation and chemotherapy.
The research use of mycophenolic acid includes studies pertaining to its mechanism of action on the immune system as well as clinical trials testing its efficacy against different diseases such as cancer or autoimmune disorders.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D activities and rising adoption of mycophenolate for treatment of various diseases in this region. In addition, growing number of product launches and favorable reimbursement policies are also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness fastest CAGR over the forecast period owing to high prevalence of chronic diseases such as cancer and diabetes in emerging economies such as China, India, Indonesia, Malaysia & Thailand (CIMT) region which has led towards an increase demand for mycophenolic acid products used for treating these conditions. Moreover, increasing awareness about benefits associated with mycophenolate among patients from developing countries is further anticipated boost market growth during the projected time frame 8).
Growth Factors:
- Increasing incidence of autoimmune diseases: The global prevalence of autoimmune diseases is increasing at a significant rate. This is expected to drive the demand for mycophenolic acid as it is used for the treatment of various autoimmune disorders.
- Growing number of organ transplants: There has been a growing trend of organ transplants in recent years due to the increasing number of patients suffering from organ failure. Mycophenolic acid plays an important role in preventing rejection after transplant surgery and hence its demand is expected to rise in the coming years.
- Rising awareness about immunosuppressants: Immunosuppressant drugs such as mycophenolic acid are becoming increasingly popular among patients and healthcare professionals owing to their ability to suppress immune system activity and prevent rejection after transplant surgery. This is likely to boost the demand for mycophenolic acid in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mycophenolic Acid Market Research Report
By Type
Industrial Grade, Pharmaceutical Grade, Others
By Application
Medical Use, Research Use, Others
By Companies
HBC Chem, Hangzhou Dingyanchem, Taizhou Creating Chemical, Hubei Yikangyuan Chemical, Shanghai Missyou Chemical, Henan Coreychem, Xiao Gan ShenYuanChemPharm, Chongqing Daxin Pharmaceutical, Shandong United-Rising Pharmaceutical, Suzhou Lixin Pharmaceutical, HBC Chem
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Mycophenolic Acid Market Report Segments:
The global Mycophenolic Acid market is segmented on the basis of:
Types
Industrial Grade, Pharmaceutical Grade, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Use, Research Use, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HBC Chem
- Hangzhou Dingyanchem
- Taizhou Creating Chemical
- Hubei Yikangyuan Chemical
- Shanghai Missyou Chemical
- Henan Coreychem
- Xiao Gan ShenYuanChemPharm
- Chongqing Daxin Pharmaceutical
- Shandong United-Rising Pharmaceutical
- Suzhou Lixin Pharmaceutical
- HBC Chem
Highlights of The Mycophenolic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Pharmaceutical Grade
- Others
- By Application:
- Medical Use
- Research Use
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mycophenolic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mycophenolic acid is a type of phenolic acid. Phenolic acids are chemicals that are found in plants and can be found in foods like fruits, vegetables, and grains. Mycophenolic acid is a type of phenol that is used to treat cancer.
Some of the key players operating in the mycophenolic acid market are HBC Chem, Hangzhou Dingyanchem, Taizhou Creating Chemical, Hubei Yikangyuan Chemical, Shanghai Missyou Chemical, Henan Coreychem, Xiao Gan ShenYuanChemPharm, Chongqing Daxin Pharmaceutical, Shandong United-Rising Pharmaceutical, Suzhou Lixin Pharmaceutical, HBC Chem.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mycophenolic Acid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mycophenolic Acid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mycophenolic Acid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mycophenolic Acid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mycophenolic Acid Market Size & Forecast, 2018-2028
4.5.1 Mycophenolic Acid Market Size and Y-o-Y Growth
4.5.2 Mycophenolic Acid Market Absolute $ Opportunity
Chapter 5 Global Mycophenolic Acid Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mycophenolic Acid Market Size Forecast by Type
5.2.1 Industrial Grade
5.2.2 Pharmaceutical Grade
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mycophenolic Acid Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mycophenolic Acid Market Size Forecast by Applications
6.2.1 Medical Use
6.2.2 Research Use
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mycophenolic Acid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mycophenolic Acid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mycophenolic Acid Analysis and Forecast
9.1 Introduction
9.2 North America Mycophenolic Acid Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mycophenolic Acid Market Size Forecast by Type
9.6.1 Industrial Grade
9.6.2 Pharmaceutical Grade
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mycophenolic Acid Market Size Forecast by Applications
9.10.1 Medical Use
9.10.2 Research Use
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mycophenolic Acid Analysis and Forecast
10.1 Introduction
10.2 Europe Mycophenolic Acid Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mycophenolic Acid Market Size Forecast by Type
10.6.1 Industrial Grade
10.6.2 Pharmaceutical Grade
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mycophenolic Acid Market Size Forecast by Applications
10.10.1 Medical Use
10.10.2 Research Use
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mycophenolic Acid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mycophenolic Acid Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mycophenolic Acid Market Size Forecast by Type
11.6.1 Industrial Grade
11.6.2 Pharmaceutical Grade
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mycophenolic Acid Market Size Forecast by Applications
11.10.1 Medical Use
11.10.2 Research Use
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mycophenolic Acid Analysis and Forecast
12.1 Introduction
12.2 Latin America Mycophenolic Acid Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mycophenolic Acid Market Size Forecast by Type
12.6.1 Industrial Grade
12.6.2 Pharmaceutical Grade
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mycophenolic Acid Market Size Forecast by Applications
12.10.1 Medical Use
12.10.2 Research Use
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mycophenolic Acid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mycophenolic Acid Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mycophenolic Acid Market Size Forecast by Type
13.6.1 Industrial Grade
13.6.2 Pharmaceutical Grade
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mycophenolic Acid Market Size Forecast by Applications
13.10.1 Medical Use
13.10.2 Research Use
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mycophenolic Acid Market: Competitive Dashboard
14.2 Global Mycophenolic Acid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HBC Chem
14.3.2 Hangzhou Dingyanchem
14.3.3 Taizhou Creating Chemical
14.3.4 Hubei Yikangyuan Chemical
14.3.5 Shanghai Missyou Chemical
14.3.6 Henan Coreychem
14.3.7 Xiao Gan ShenYuanChemPharm
14.3.8 Chongqing Daxin Pharmaceutical
14.3.9 Shandong United-Rising Pharmaceutical
14.3.10 Suzhou Lixin Pharmaceutical
14.3.11 HBC Chem
