Regional and country-level analysis and forecasts of the North America Superdisintegrants Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
According to the report “North America Superdisintegrants Market By Product Type (Natural Superdisintegrants, Synthetic Superdisintegrants (modified Starch, Crospovidone, Modified Cellulose, Ion Exchange Resins And Calcium Silicates), And Others), By Application (Capsules And Tablets), By Therapeutic Area (gastrointestinal Diseases, Neurological Diseases, Oncology, Infectious Diseases, Cardiovascular Diseases, Haematological Diseases, And Inflammatory Diseases), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” published by Market Data Forecast, the North America Superdisintegrants Market was worth USD 103 million in 2016 and estimated to be growing at a CAGR of 7.15%, to reach USD 147.47 million by 2021. Increasing healthcare expenditure and healthcare awareness among individuals has accounted for the growth of this market.
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Excipients are the substance that is fabricated alongside medicating ingredient for the purpose of long term stabilization, bulking up solid contents. Superdisintegrants are one of the types of excipients that help in fragmenting and dissolving the tablet when contacted with water.
It provides advantages like faster-medicating action increased effectiveness.
Major driving forces for the growth of market are development of new superdisintegrants in the pharmaceutical industry, growing generic drugs market and growing population of geriatric and pediatric patients. However, the growth of the market is delayed by the declining financial investments for R&D fields.
Although synthetic superdisintegrants have been the standard for many decades now, greater research into natural superdisintegrants will provide a motivation for the future growth of the market.
The North America Superdisintegrants market is segmented based on Product type, application and therapeutic area. Based on crop type – Natural and Synthetic Superdisintegrants.
Synthetic Superdisintegrants are further segmented into modified starch, crospovidone, modified cellulose, ion exchange resins and calcium silicates. Based on Application – Tablets and Capsules.
Based on Therapeutic Area – gastrointestinal diseases, neurological diseases, oncology, infectious diseases, cardiovascular diseases, haematological diseases, and inflammatory diseases.
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Based on Geographical analysis the market is separated into regions of United States of America and Canada. USA is leading the market while Canada is at second place.
Increasing financial support for development of innovative oral dosage forms and constant effort devoted towards providing superior quality and compliant products in the market are the primary factors responsible for the dominance of USA. USA is expected to grow the fastest due to increasing healthcare spending, rising healthcare infrastructure and awareness.
The synthetic superdisintegrant market segment held the largest share of the North America superdisintegrants market. This is mainly accounted to the prevalent use of excipients such as sodium starch glycolate, and crospovidone in orally and fast disintegrating tablets.
Rising incidences of cardiovascular diseases, neurological diseases, and other related diseases are further expected to drive the demand of fast disintegrating tablets, in-turn driving demand of superdisintegrants during the forecast period.
Some of the key players dominating this market include Ashland, BASF SE, FMC Corporation, JRS Pharma, DFE Pharma, Roquette, The Dow Chemical Company, Asahi Kasei Corporation, Nippon Soda Co., and Huber Corporation.
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