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Erdosteine Market Share

  • Report ID: GMI3371
  • Published Date: May 2021
  • Report Format: PDF

Erdosteine Market Share

Global erdosteine industry share is consolidated, and the key players include:

  • Reipharm AB
  • Hanmi Pharmaceutical
  • Hikma Pharmaceuticals
  • Shandong Luoxin Pharmaceutical
  • Zhejiang Kangle Pharmaceutical Co., Ltd

Various manufacturers are primarily focusing on strategic initiatives such as acquisitions, partnerships and joint ventures to expand product portfolio and achieve market growth. Leading companies are also engaged in significant research & development activities to expand the application potential of their products and gain additional customers.
 

For instance, Recipharm, a leading pharmaceutical company announced in 2020 that it was conducting research on its erdosteine product to investigate if it improved the recovery rate of COVID-19 patients after discharge from hospital. Various clinical studies were conducted to verify if the product enhances respiratory symptoms and reduces the time required to achieve a negative COVID-19 test result.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Erdosteine is known for its high effectiveness in reducing the symptoms of acute flareups in chronic bronchitis.

The Erdosteine market share exceeded USD 105 million in 2020 and will expand at a CAGR of 8.3% through 2027.

The COPD application recorded a revenue of over USD 54.5 million in 2020 and will grow due to a considerable increase in elderly population.

The North America revenue will exceed USD 80 million through 2027 impelled by the substantial prevalence of tobacco and cigarette smoking.

Erdosteine Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 13
  • Tables & Figures: 188
  • Countries covered: 18
  • Pages: 130
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