Minoxidil Market Share

Minoxidil Market Share

Prominent companies constituting the competitive landscape of the minoxidil market include :

• Maruti Futuristic Pharma Pvt. Ltd.
• Changzhou Tianhua Pharmaceutical Co.
• Nanz Med Science Pharma Private Limited
• Par Pharmaceuticals
• Provizer Pharma
• Bakul Group of companies,
• Metapharmaceutical Ind. S.L
• LOY Pharma Lab, Inc.,
• Dr. R. Pfleger Chemical Factory GmbH
• Kumar Organic Products Limited,  Ltd.,
• Pharhome International Limited
• McNeil Consumer Healthcare
• Pfizer
• Renata Limited

Enterprises in this business segment are undertaking R&D initiatives to introduce improved product formulations in the market and gain access to a broader consumer base. For instance, in March 2023, ViaDerma, Inc. unveiled its goal to introduce a new hair regrowth product using topical route Minoxidil. The company plans to incorporate Minoxidil with its exclusive patent-pending dual carrier transdermal delivery technology to develop a new hair regrowth product.
 

ViaDerma’s distinctive transdermal delivery system enables the transfer of chemicals via the stratum corneum, with a 10,000x higher diffusion constant than other products on the market. This permits much more of the active ingredient to be soaked into the skin and work faster and better, often delivering remarkably better results than conventional topical treatments.