Global Chlorpheniramine Maleate Market Size By Dosage Form (Injection, Syrup, Tablets), By Application (Allergy, Hay fever, Common Cold), By Geographic Scope And Forecast

Chlorpheniramine Maleate Market Size And Forecast

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Chlorpheniramine Maleate Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.

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Global Chlorpheniramine Maleate Market Definition

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Chlorpheniramine Maleate belongs to the class of medication called sedating anti-histamine or anti-allergic, majorly used to treat symptoms of allergies such as itching, runny nose, sneezing, or red-itchy-watery eyes. An allergy occurs when foreign elements known as allergens attack and invade our body thereby causing the release of histamine (a chemical messenger) that causes swelling, inflammation, redness, itchiness, watery nose, throat, and eyes.

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Furthermore, chlorpheniramine works by blocking the action of histamine, a substance responsible for causing allergic reactions. Also, it straight acts on the brain and alleviates symptoms of allergies by stopping the release of histamine. It helps to provide relief from symptoms of allergy such as sneezing, running nose, watery eyes, itching, swelling, and congestion or stiffness.

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Moreover, chlorpheniramine comes as a tablet, a capsule, an extended-release (long-acting) tablet and capsule, a chewable tablet, and a liquid to take by mouth. Chlorpheniramine comes alone and in combination with fever and pain reducers, expectorants, cough suppressants, and decongestants. t is sold under brands names such as Advil, Chlor-Trimeton, Dimetapp, and TYLENOL. The chlorpheniramine maleate medication is found to be more effective for the primary treatment of allergies.

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Furthermore, store the chlorpheniramine maleate tablet at room temperature between 15 and 30 degrees C (59- and 86-degrees F). Keep the container tightly closed. Also, throw away any unused medicine after the expiration date. The liquid form of chlorpheniramine maleate tablet should be taken by mouth using the measuring cup provided with the pack. Shake the bottle well before each use.

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Global Chlorpheniramine Maleate Market Overview

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The rise in disposable income acts as a primary growth driver in the Global Chlorpheniramine Maleate Market. Chlorpheniramine is an antihistamine utilized to treat the symptoms of allergic conditions like allergic rhinitis (hay fever). It is consumed by mouth. The medicine takes impact within 6 hours and lasts for around a day. The Chlorpheniramine Maleate Market is driven by the growing popularity of allergic diseases globally.

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The cases of allergic diseases and asthma are increasing worldwide, mainly in low and middle-income countries. Globally, allergic rhinitis affects between 10% and 30 % of the population. Among which 300 million people suffer from asthma and about 200 to 250 million people suffer from food allergies and one-tenth of the population suffers from drug allergies and 400 million from rhinitis.

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Antihistamines are medications or other compounds that restrict the physiological impacts of histamine, utilized specifically in the treatment of allergies. Chlorpheniramine Maleate may be categorized under antihistamines. A dry mouth or xerostomia indicates a condition in which the salivary glands in the mouth do not prepare sufficient saliva to maintain the mouth wet.

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Xerostomia is one of the symptomatic unfavorable reactions generated by Chlorpheniramine maleate. On the contrary, taking chlorpheniramine maleate may result in instant urge Drowsiness, dizziness, constipation, stomach upset, blurred vision, or dry mouth-nose-throat which act as the restrain and diminish the growth of the Chlorpheniramine Maleate Market.

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Global Chlorpheniramine Maleate Market: Segmentation Analysis

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The Global Chlorpheniramine Maleate Market is Segmented on the basis of Dosage Form, Application, And Geography.

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Chlorpheniramine Maleate Market, By Dosage Form

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•  Injection

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•  Syrup

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•  Tablets

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•  Powder

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Based on Dosage Form, The market is segmented into Injection, Syrup, Tablets, and Powder. The Injection segment holds the big market share. Also, the tablet form of Chlorpheniramine can be swallowed as a whole with a glass of water. Moreover, the syrup segment growing at a significant rate. The syrup form of Chlorpheniramine maleate majorly gives to the children.

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Chlorpheniramine Maleate Market, By Application

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•  Allergy

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•  Hay fever

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•  Common Cold

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•  Itchy Throat/Skin

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•  Rhinitis

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•  Other

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Based on Application, The market is segmented into Allergy, Hay fever, Common Cold, Itchy Throat/Skin, Rhinitis, and Other. The allergy segment holds a big market share. Chlorpheniramine is an antihistamine used to relieve symptoms of allergy, hay fever, and the common cold. These symptoms include rash, watery eyes, itchy eyes, nose, throat/skin, cough, runny nose, and sneezing.

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Chlorpheniramine Maleate Market, By Geography

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•  North America

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•  Europe

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•  Asia Pacific

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•  Rest of the world

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On the basis of Geography, The Global Chlorpheniramine Maleate Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The North American region is expected to witness the highest CAGR during the forecast period. The growth of this region is owing to the increasing predominance of allergic reactions in the region resulting in the greater application of Chlorpheniramine.

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Key Players

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The “Global Chlorpheniramine Maleate Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Sun Pharmaceutical Industries Limited, Cardinal Health, Inc., Johnson & Johnson., AstraZeneca PLC, Glaxo Smith Kline plc, Merck KGaA, Sanofi S.A., UCB, Inc., Mylan N.V., BOC Sciences and among others.

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Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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Key Developments

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•  In 2020, Johnson & Johnson announced the acquisition of Momenta Pharmaceuticals, Inc. (“Momenta”), a company that discovers and develops novel therapies for immune-mediated diseases, in an all-cash transaction for approximately $6.5 billion.

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•  In 2020, Sun Pharma announced the acquisition of Aquinox Pharmaceuticals (Canada) Inc. for $8.2 million. Aquinox Pharma is a research and development-focused company.

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Report Scope

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Reasons to Purchase this Report

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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• Provision of market value (USD Billion) data for each segment and sub-segment
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• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
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• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
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• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
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• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
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• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
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