Chlorpheniramine
Maleate Market Share and Competitive Dynamics: Pfizer, Sanofi, Johnson
& Johnson, GlaxoSmithKline, Mylan
Chlorpheniramine
Maleate Market: In 2023, the
market was valued at approximately USD 514.9 million. It is projected to reach
around USD 848.1 million by 2032, with a CAGR of 5.7% from 2024 to 2032.
The high incidence of allergic conditions
such as rhinitis has been attributed to the positive growth of the market.
Chlorpheniramine maleate is an alkylamine antihistamine that is used in the
treatment of allergic conditions such as rhinitis and urticaria. This compound
blocks histamine during allergic reactions, thus preventing allergic symptoms
namely runny nose, watery eyes, sneezing, and itching. Moreover, the high
demand for over-the-counter (OTC) products and the development of healthcare
infrastructure further propel market growth. However, factors such as side
effects associated with the use of antihistamines and lack of awareness about
allergic reactions amongst people are expected to hinder the market growth. The
introduction of novel therapies by R&D with fewer side effects and more
efficacy provide opportunities in near future.
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Top Chlorpheniramine
Maleate Market Companies
Pfizer, Sanofi, Johnson
& Johnson, GlaxoSmithKline, Mylan
Global
Chlorpheniramine Maleate Market Segmentation:
Chlorpheniramine
Maleate Market By Type
Tablets, Syrups, Injections
Chlorpheniramine Maleate
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Maleate Market study report. It becomes easy to handle business operations and
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Chlorpheniramine
Maleate Market By Applications
Allergies, Hay Fever, Cold
and Cough Relief
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Maleate Market report about corona virus and its major effects on the business
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