India Carbidopa Market to grow at a formidable rate During the Forecast Period
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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