North America, the superdisintegrants market, is anticipated to reach US$ 248.18 Mn in 2027 from US$ 136.37 Mn in 2019. The market is projected to grow with a CAGR of 7.9% from 2020-2027.
The rise of the superdisintegrants market is driven by factors such as the increasing prevalence of neurological diseases and benefits offered by generic drugs are boosting the market over the years. Although, pricing pressure on drug manufacturers is likely to hinder the growth of the market in the future years.
The region is witnessing exponential growth in the prevalence of chronic diseases. Factors such as the progression of viruses, bacteria, parasites, coupled with the growing adoption of a sedentary lifestyle, genetic conditions, and consumption of poor diet, are responsible for the increasing prevalence of these diseases. Also, oral drug delivery remains the most common route of drug administration in the healthcare world. Solid dosage forms typically include tablets, capsules, and powders for the treatment of particular disease conditions. Moreover, the growing emphasis on novel drug delivery approach is expected to boost awareness and focus on the utilization of orally disintegrating tablets during the forecast period. Superdisintegrants or orally disintegrating tablets are gaining traction due to advantages such as ease of drug administration and better compliance for pediatric and geriatric patients.
Furthermore, superdisintegrant tablets offer several benefits over traditional capsules and tablets. Advantages of disintegrants include an ability for accurate dosing, fast action, superior patient compliance, better palatability, and cost-effectiveness, as well as ease of administration, no risk of airway suffocation during swallowing, and flexibility in terms of large and small molecules. Such salient features of superdisintegrant tablets represent a massive potential for its adoption during tablet formulations. Thus, owing to the above-mentioned factors, the demand for superdisintegrants is increasing, which is anticipated to grow the market in the coming years.
In 2019, the US accounted for the largest market share in North America superdisintegrants market, and it is also expected to grow at a faster pace over the forecast period. US is an economically advanced country, and the country has the presence of various players that are well established in the pharmaceutical market. The companies are engaged in the research and development activities that are enabling them to develop the latest drugs for the diseases. Hence, considering the mentioned factors, the superdisintegrants market is expected to grow at a significant pace in the US during the forecast period.
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Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 136.37 Million |
| Market Size by 2027 | US$ 248.18 Million |
| CAGR (2020 - 2027) | 7.9% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
|
Regions and Countries Covered
|
|
| North America | US, Canada, Mexico |
| Market leaders and key company profiles |
|
The North America Superdisintegrants Market is valued at US$ 136.37 Million in 2019, it is projected to reach US$ 248.18 Million by 2027.
As per our report North America Superdisintegrants Market, the market size is valued at US$ 136.37 Million in 2019, projecting it to reach US$ 248.18 Million by 2027. This translates to a CAGR of approximately 7.9% during the forecast period.
The North America Superdisintegrants Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Superdisintegrants Market report:
The North America Superdisintegrants Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
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Essentially, anyone involved in or considering involvement in the North America Superdisintegrants Market value chain can benefit from the information contained in a comprehensive market report.
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