Global Morphine Sulfate Market 2022 - Industry Top Manufacturers Analysis and Review
Global
Morphine Sulfate (CAS 64-61-3) Market is expected to rise at a significant CAGR in the
forthcoming years. The dosage for Morphine sulfate (CAS 64-31-3) is dependent
on the patient’s medical conditions and response to the treatment. The does
should not be increased abruptly or the intake should not be exceeded than the
prescribed period. Morphine sulfate tablets are controlled-release tables with
ingredients like cetostearyl alcohol, hydroxyethyl cellulose, hypromellose,
polyethylene glycol, talc, titanium dioxide and magnesium stearate.
Commercial
market driving factors responsible for the growth of morphine sulfate market
includes demand for painkiller antibiotics and other health conditions.
However, the concerned side-effects and health hazards are likely to impede the
market growth. Also, ban in some countries on using morphine contributes as a
restraining factor.
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Based
on segmentation by product, the morphine sulfate (CAS 64-31-3) includes powder
and pills. Pills dominate the segment owing to growth in prevalence of
painkiller and antibiotics. Based on segmentation by end-user, the morphine
sulfate (CAS 64-31-3) includes injection and capsule. Capsule dominates the
market segment owing to rise in demand for solid oral dosage.
Geographically,
morphine sulfate (CAS 64-31-3) market spans North America, Latin America,
Europe, Asia-Pacifica, Middle-East and Africa. APAC market dominate the global
market owing to presence of enormous pool of customers and rise in medical
infrastructure. China, India, Japan, South Korea and Taiwan are leading in the
manufacture of the prescribed tablet. North America and Europe market are also
expected to grow at a steady CAGR in the forthcoming years owing to ban on
morphine in some countries due to its bizarre nature and mode of intake. MEA
regions are also expected to rise at a steady CAGR owing to low demand and
developing medical infrastructure.
The
key players in the morphine sulfate (CAS 64-31-3) market include Mallinckrodt
Pharmaceuticals, Purdue Pharma, Cepia-Sanofi, Macfarlan Smith, SUN PHARMA,
Qinghai Pharmaceutical, Taj Pharmaceutical and Northeast Pharm.
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