Celecoxib API Analysis Report:the global market size is projected to reach USD 0.08 billion by 2029
Celecoxib API refers to the active pharmaceutical ingredient (API) of the drug Celecoxib, which is a non-steroidal anti-inflammatory drug (NSAID) used to relieve pain, inflammation, and stiffness caused by conditions such as osteoarthritis, rheumatoid arthritis, and ankylosing spondylitis.
The Celecoxib API is the chemical compound responsible for the therapeutic effects of the drug. It is a selective cyclooxygenase-2 (COX-2) inhibitor, which means it works by blocking the production of prostaglandins, which are chemicals produced by the body in response to injury or inflammation. By reducing the production of prostaglandins, Celecoxib can help relieve pain, reduce inflammation, and improve joint mobility.
The Celecoxib API is typically manufactured by pharmaceutical companies in accordance with strict quality control standards to ensure its purity, potency, and safety. It is then used to produce finished dosage forms of Celecoxib, such as tablets or capsules, which are prescribed by healthcare professionals to treat various inflammatory conditions.
According to the new market research report “Celecoxib API - Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Celecoxib API market size is projected to reach USD 0.08 billion by 2029, at a CAGR of 4.9% during the forecast period.
Source: QYResearch, "Celecoxib API - Global Market Insights and Sales Trends 2024”
Source: QYResearch, "Celecoxib API - Global Market Insights and Sales Trends 2024”
The global key manufacturers of Celecoxib API include Pfizer, Jiangxi Synergy, ScinoPharm, Jiangsu Chiatai Qingjiang, Jiangsu Hengrui Medicine, Teva Pharmaceuticals, Viatris(Mylan), Aurobindo Pharma, Hisun Pharmaceutical Nantong, Punjab Chemicals, etc.
In 2022, the global top five players had a share approximately 73.0% in terms of revenue.
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