Mon. Nov 29th, 2021

Increase in the prevalence of Parkinson’s disease is expected to drive the growth of India carbidopa market during the forecast period.

According to TechSci Research report, India Carbidopa Market By Composition (Single, Combinational), By Rate of Drug Delivery (Immediate v/s Sustained Release), By Dose (10 mg, 25mg, 50 mg, 100 mg, 250 mg, Others), By Source (In-house v/s Contract Manufacturing Organizations), By Form (Tablet, Capsule, Suspension, Others), By Distribution Channel (Online v/s Offline), By Application (Idiopathic Parkinson’s Disease (Paralysis Agitans), Postencephalitic Parkinsonism, Symptomatic Parkinsonism Including (Shakiness, Stiffness, Difficulty Moving, Spasms, Poor Muscle Control, Tremors) And Others), By End User (Adult v/s Pediatric), By Company, By Region, Forecast & Opportunities, FY2026, the India Carbidopa market is expected to grow at a formidable rate during the forecast period on account of high growth in the prevalence of Parkinson’s disease in the country. Also increasing awareness regarding healthcare among the population is creating growth opportunities for carbidopa market over the forecast period. Carbidopa drugs are more effective than most other drug classes for the treatment of Parkinson’s disease which is expected to fuel the market growth through FY2026. Favorable government policies is expected to drive the market growth in the forthcoming years. Furthermore, well-developed healthcare infrastructure which is making headway for the growth of India Carbidopa market in the years to come. Also, rising geriatric population in the country is projected to bolster the market growth in the upcoming years. However, availability of alternative treatments and cheaper substitutes in the market can restrict the market growth over the next few years.

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The India carbidopa market is segmented based on composition, rate of drug delivery, dose, source, form, distribution channel, application, end user, company, and region. Based on application, the market can be fragmented into Idiopathic Parkinson’s Disease (Paralysis Agitans), Postencephalitic Parkinsonism, Symptomatic Parkinsonism Including (Shakiness, Stiffness, Difficulty Moving, Spasms, Poor Muscle Control, Tremors) and others. The Idiopathic Parkinson’s Disease segment is expected to dominate the market in the next 5 years which is attributable to rising patient cases with Parkinson’s disease coupled with the effectiveness of this drug in treating Parkinson’s disease. In terms of composition the market is fragmented into single and combinational. The combinational drug composition is forecasted to register highest CAGR in the years to come owing to increased compliance, synergy and high efficacy.

Wockhardt Ltd., Dr. Reddy’s Laboratories Ltd., Intas Pharmaceuticals Ltd., Cadila Pharmaceuticals Ltd., Sun Pharmaceutical Industries Limited, Teva Pharmaceuticals Industries Ltd., Atom Pharma Pvt. Ltd., Taj Pharmaceuticals Ltd., Alembic Pharmaceuticals Ltd., GlaxoSmithKline Pharmaceuticals Ltd, and others are some of the leading players operating in India carbidopa market. The key market players operating in the market are using organic strategies such as product launches, mergers, collaborations, joint ventures to boost their market share and to expand their geographic reach. Along with this, supportive policy for the pharmaceutical industry is anticipated to aid the current market of Carbidopa.

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“India carbidopa market is expected to witness formidable growth in the coming years on account of continuous developing new and improved therapies. Furthermore, availability of reimbursement policies is further expected to fuel the market growth through FY2026 as they make these drugs more affordable in the country. Also, launching new products by key market players is another key factor which is expected to create lucrative opportunities for the market growth over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based India management consulting firm.

India Carbidopa Market By Composition (Single, Combinational), By Rate of Drug Delivery (Immediate v/s Sustained Release), By Dose (10 mg, 25mg, 50 mg, 100 mg, 250 mg, Others), By Source (In-house v/s Contract Manufacturing Organizations), By Form (Tablet, Capsule, Suspension, Others), By Distribution Channel (Online v/s Offline), By Application (Idiopathic Parkinson’s Disease (Paralysis Agitans), Postencephalitic Parkinsonism, Symptomatic Parkinsonism Including (Shakiness, Stiffness, Difficulty Moving, Spasms, Poor Muscle Control, Tremors) And Others), By End User (Adult v/s Pediatric), By Company, By Region, Forecast & Opportunities, FY2026”, has evaluated the future growth potential of India Carbidopa market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Carbidopa market.

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