The Business Research Company’s latest report Hydroxychloroquine Global Market Report 2020 covers Hydroxychloroquine market drivers, Hydroxychloroquine market trends, Hydroxychloroquine market segments, Hydroxychloroquine market growth rate, Hydroxychloroquine market major players, and Hydroxychloroquine market size. The report provides in-depth analysis of the impact of COVID-19 on the Hydroxychloroquine industry, along with revised market numbers due to the effects of the coronavirus.
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Hydroxychloroquine Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global hydroxychloroquine market is expected to grow from $718 million in 2019 to $980.1 million in 2020 at a compound annual growth rate (CAGR) of 36.5%. The growth is mainly attributed to the COVID-19 outbreak and the urgent need to treat the growing number of cases. With no effective therapeutics discovered so far, some of the existing drugs including hydroxychloroquine have been repurposed for COVID-19 infection treatment. Hydroxychloroquine is found to be effective against coronavirus in laboratory studies and in-vivo studies. The market is then expected to stabilize and reach $1,281.3 million in 2023 at a CAGR of 9.3%.
The report covers the hydroxychloroquine market’s segments-
1) By Drug Activity: Anti-Malarial, Anti-Rheumatic, Lupus Suppressant, Anti-COVID 19, Others
2) By Formulation: Tablets, Injection.
3) By Application: Malaria, Rheumatoid Arthritis, Lupus Erythematosus, COVID-19, Others.
4) By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Specialty Drug Stores, Retail Pharmacy.
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