Registering a CAGR of 5% over the forecast period, the market value of The global Trazodone Hydrochloride (API) is expected to reach US$ 616 million in the year 2027.
Like most antidepressants, trazodone has also been used in limited numbers of patients to treat panic disorder, obsessive-compulsive disorder, attention-deficit/hyperactivity disorder, enuresis (bed-wetting), eating disorders such as bulimia nervosa, cocaine dependency, and the depressive phase of bipolar (manic-depressive) disorder. It should be noted, however, that trazodone has not received official approval from the United States Food and Drug Administration (FDA) for these secondary uses.
Only few manufacturers can produce trazodone hydrochloride (API) in USA. Teva, the Israeli company, has a production base in the United States, dominates the market with the production market share of 92.98% in 2015. Based on the Trazodone Hydrochloride (API) market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Materials & Chemicals. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of Trazodone Hydrochloride (API) during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.
The report also assesses the key opportunities in the Trazodone Hydrochloride (API) market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Trazodone Hydrochloride (API) Market has also been forecasted for the period 2021-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global Trazodone Hydrochloride (API) includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Teva Pharmaceutical Industries Limited (NYSE: TEVA), Angelini, MYLAND DEVELOPMENT (Colombo : MDLN0000.CM), Fermion and others
Teva Announces Settlement with Lupin Resolving AUSTEDO® (deutetrabenazine) Patent Dispute
MAY 02, 2022
TEL AVIV, Israel & PARSIPPANY, N.J.- Teva Branded Pharmaceutical Products R&D, Inc. and Auspex Pharmaceuticals, Inc., U.S. affiliates of Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA), have reached an agreement with Lupin to resolve the dispute over Lupin’s Abbreviated New Drug Application (“ANDA") for a generic deutetrabenazine product. Teva and Lupin have been involved in a patent infringement litigation in which Teva asserted a number of patents against Lupin that cover Teva’s AUSTEDO (deutetrabenazine) product.
Under the terms of the settlement agreement, the litigation between the parties in the United States District Court for the District of New Jersey will be ended, and Lupin will have a license to sell its generic product beginning April 2033, or earlier under certain circumstances.
Trazodone Hydrochloride (API) Market is segmented based on the type, applications, companies and regions.
By Type, Trazodone Hydrochloride (API) Market has been segmented into
The end user’s industry application on Trazodone Hydrochloride (API) Market is,
Regional Analysis -
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2022-2027. The report presents the analysis of Trazodone Hydrochloride (API) Market for the historical period of 2017-2021 and the forecast period of 2022-2027.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.0% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Teva Pharmaceutical Industries Limited (NYSE:TEVA), Angelini, MYLAND DEVELOPMENT (Colombo :MDLN0000.CM), Fermion |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 92 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Trazodone Hydrochloride (API) Market is studied from 2017 - 2027.
Who are the key players in Trazodone Hydrochloride (API) Market?
Teva Pharmaceutical Industries Limited (NYSE:TEVA), Angelini, MYLAND DEVELOPMENT (Colombo :MDLN0000.CM), Fermion, The Piramal Group and others.
What are the significant types of Trazodone Hydrochloride (API) Market?
Capsule, Tablet
What are the major end-use applications of the Trazodone Hydrochloride (API) Market?
Antidepression, Anxiolytic, Hypnotic, Others.
What segments are covered in the Trazodone Hydrochloride (API) Market report?
The Global Trazodone Hydrochloride (API) Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Trazodone Hydrochloride (API) Market?
The sample report for the Trazodone Hydrochloride (API) Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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