The Business Research Company’s Inhalation Sedatives Global Market Report 2021: COVID-19 Growth And Change To 2030
LONDON, GREATER LONDON, UK, April 1, 2021 /EINPresswire.com/ — Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
The production of generic inhalation sedatives is expected to be one of the latest inhalation sedatives market trends. Generics are a type of drug that has the same chemical formula, dosage form, dose and effect as that of the patented drug, but are produced by the companies when the patent expires. The generic inhalation sedatives production has increased for the last few years. For instance, in January 2019, Novartis’ division Sandoz has launched a liquid for inhalation called desflurane in the United States, a first generic version of an inhalation agent suprane that is used for induction and maintenance in adults and paediatrics. Health Canada has given a receipt of a drug identification number to Blue-Zone Technologies Ltd that permits it to launch the generic desflurane drug. Therefore, the production of generic inhalation sedatives is expected to become the new trend in the inhalation sedatives market.
The global inhalation sedatives market is segmented by product into sevoflurane, desflurane, isoflurane, nitrous oxide, by application into induction, maintenance, and by end-user into hospitals, ambulatory surgical centers, others.
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The global inhalation sedatives market is expected to grow from $1.28 billion in 2020 to $1.34 billion in 2021 at a compound annual growth rate (CAGR) of 4.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The inhalation anesthesia market size is expected to reach $1.62 billion in 2025 at a CAGR of 5%. The countries with inhalation sedatives market shares are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Major players in the inhalation sedatives market are AbbVie Inc., Baxter International Inc., Fresenius SE amp, Co. KgaA, Halocarbon Products Corporation, Hikma Pharmaceuticals PLC., Jiangsu Hengrui Medicine Co, Lunan Pharmaceutical Group Co. Ltd, Novartis AG, Piramal Enterprises Ltd, and Troikaa Pharmaceuticals Ltd.
Inhalation Sedatives Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides inhalation sedatives market overview, forecast inhalation sedatives market size and growth for the whole market, inhalation sedatives market segments, and geographies, inhalation sedatives market trends, inhalation sedatives market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
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