Market Overview:
The global sodium cromoglycate market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. Sodium cromoglycate is an anti-inflammatory agent used in the treatment of asthma and other respiratory disorders. It is available in three forms: solution, aerosol, and powder. The solution form is administered orally or by inhalation, while the aerosol form is administered by inhalation only. The powder form can be administered orally or topically (eye drops). North America dominates the global sodium cromoglycate market due to high prevalence of respiratory disorders and increasing awareness about asthma management therapies among patients in this region.
Product Definition:
A prodrug of cromolyn, a mast cell stabilizer that is used in the prevention of asthma.
Solution:
Solution is a colorless, odorless, water-soluble compound. It has applications in the cosmetics industry as an emulsifier and wetting agent. Cromoglycate (CMC) derivatives are used as antiseptics and anti-infective agents in pharmaceuticals and personal care products such as mouthwashes & toothpaste.
Aerosol:
Aerosol is a colloidal system of solid or liquid particles suspended in gas.
Solid Aerosol: consists of solid particles (size range 0.1-10 µm) and has high viscosity due to high content of dissolved air in the mixture.
Application Insights:
Inhale application segment led the global sodium Cromoglycate (SCG) market in 2017 and is projected to witness significant growth over the forecast period. The product is used for treating asthma, COPD and other respiratory diseases. It also finds applications in nasal sprays, nebulizers and inhalers for the treatment of allergic rhinitis, sinusitis, bronchitis as well as emphysema.
The oral application segment held a substantial share of the global sodium Cromoglycate market in 2017 owing to its use as an anti-ulcerative agent by doctors during surgical procedures or when patients are on a diet without proper meals. It can be used alone or with meals to prevent gastric irritation caused due to improper digestion of food components such as proteins, fats and hydrolyzed proteins present in foods like meat products that are high in sulfur-containing amino acids (SMAs).
Regional Analysis:
North America was the second-largest market for sodium Cromoglycate after Europe. North America is anticipated to witness a CAGR of XX% over the forecast period, on account of increasing product utilization in pharmaceutical and cosmetic industries coupled with stringent government regulations regarding manufacturing practices and quality standards.
The U.S., being one of the most developed nations across the globe, has been witnessing an increase in demand for cosmetics products as well as medical inhaled products such as Positive Pressure Ventilation (PPV) systems that utilize gases infused with cromoglycate molecules to improve lung function and treat respiratory diseases such as asthma attacks & COPD among others since past few years; these factors are expected to drive growth during the forecast period from 2018 to 2030.
Growth Factors:
- Increasing prevalence of allergic diseases: The global prevalence of allergic diseases is increasing every year. This is mainly due to the changing lifestyle and environmental factors. Allergic rhinitis, asthma, and eczema are some of the most common allergic conditions that affect a large number of people across the world. Sodium cromoglycate is an effective treatment for these conditions and hence its demand is expected to rise in the coming years.
- Growing awareness about allergies: There has been a significant increase in awareness about allergies in recent years among both patients and healthcare professionals alike. This has led to an increased demand for allergy medications such as sodium cromoglycate worldwide.
- Rising incidence of respiratory infections: Respiratory infections are one of the leading causes of morbidity and mortality worldwide, especially among children younger than 5 years old . Sodium cromoglycate helps reduce respiratory infection symptoms such as coughing, wheezing, chest congestion, etc., making it a valuable addition to the treatment arsenal against respiratory infections..
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Cromoglycate Market Research Report
By Type
Solution, Aerosol, Powder
By Application
Inhale, Oral, Eye Drops
By Companies
Pfizer, Sanofi, Orion Corporation, Cambrex Corporation, Deafarma S.r.l, Egis Pharmaceuticals PLC, Farmhispania, S.A., Olon Spa, Sifavitor srl, Perrigo, Actavis, Allergan
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Cromoglycate Market Report Segments:
The global Sodium Cromoglycate market is segmented on the basis of:
Types
Solution, Aerosol, Powder
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
Inhale, Oral, Eye Drops
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:
- Pfizer
- Sanofi
- Orion Corporation
- Cambrex Corporation
- Deafarma S.r.l
- Egis Pharmaceuticals PLC
- Farmhispania, S.A.
- Olon Spa
- Sifavitor srl
- Perrigo
- Actavis
- Allergan
Highlights of The Sodium Cromoglycate 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:
- Solution
- Aerosol
- Powder
- By Application:
- Inhale
- Oral
- Eye Drops
- 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 Sodium Cromoglycate 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.
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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?
Sodium Cromoglycate is a medication used to treat pain and inflammation. It works by blocking the action of nerve cells that send signals to the brain. This can relieve pain and inflammation.
Some of the major companies in the sodium cromoglycate market are Pfizer, Sanofi, Orion Corporation, Cambrex Corporation, Deafarma S.r.l, Egis Pharmaceuticals PLC, Farmhispania, S.A., Olon Spa, Sifavitor srl, Perrigo, Actavis, Allergan.
The sodium cromoglycate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sodium Cromoglycate 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 Sodium Cromoglycate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sodium Cromoglycate 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 Sodium Cromoglycate 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 Sodium Cromoglycate Market Size & Forecast, 2020-2028 4.5.1 Sodium Cromoglycate Market Size and Y-o-Y Growth 4.5.2 Sodium Cromoglycate Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Solution
5.2.2 Aerosol
5.2.3 Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Inhale
6.2.2 Oral
6.2.3 Eye Drops
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sodium Cromoglycate 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 Sodium Cromoglycate 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Solution
9.6.2 Aerosol
9.6.3 Powder
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 Market Size Forecast by Applications
9.10.1 Inhale
9.10.2 Oral
9.10.3 Eye Drops
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Solution
10.6.2 Aerosol
10.6.3 Powder
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 Market Size Forecast by Applications
10.10.1 Inhale
10.10.2 Oral
10.10.3 Eye Drops
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Solution
11.6.2 Aerosol
11.6.3 Powder
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 Market Size Forecast by Applications
11.10.1 Inhale
11.10.2 Oral
11.10.3 Eye Drops
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Solution
12.6.2 Aerosol
12.6.3 Powder
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 Market Size Forecast by Applications
12.10.1 Inhale
12.10.2 Oral
12.10.3 Eye Drops
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Solution
13.6.2 Aerosol
13.6.3 Powder
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) Market Size Forecast by Applications
13.10.1 Inhale
13.10.2 Oral
13.10.3 Eye Drops
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 Sodium Cromoglycate Market: Competitive Dashboard
14.2 Global Sodium Cromoglycate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pfizer
14.3.2 Sanofi
14.3.3 Orion Corporation
14.3.4 Cambrex Corporation
14.3.5 Deafarma S.r.l
14.3.6 Egis Pharmaceuticals PLC
14.3.7 Farmhispania, S.A.
14.3.8 Olon Spa
14.3.9 Sifavitor srl
14.3.10 Perrigo
14.3.11 Actavis
14.3.12 Allergan