The leukotriene modifiers market size has grown strongly in recent years. It will grow from $21.04 billion in 2023 to $22.33 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to several factors, including the growing impact of regulatory approvals, increased awareness among healthcare professionals and patients about the benefits of leukotriene modifiers, expiration of patents for certain leukotriene modifier drugs allowing for the entry of generic versions, expansion of indications for leukotriene modifiers, and growing collaborations between pharmaceutical companies and healthcare organizations.
The leukotriene modifiers market size is expected to see strong growth in the next few years. It will grow to $28.48 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to significant opportunities in emerging markets driven by increasing healthcare infrastructure and rising disposable incomes, a shift towards personalized medicine, growing adoption of telemedicine and remote patient monitoring, ongoing research and development focused on novel drug candidates and formulations, and anticipated changes in regulatory frameworks. Major trends expected during this period include the integration of digital health technologies such as mobile apps and wearable devices, incorporation of artificial intelligence (AI) and machine learning algorithms, exploration of novel therapeutic targets, development of patient engagement solutions and tools, and adoption of continuous manufacturing processes for enhanced efficiency and flexibility in drug production.
The increasing prevalence of asthma and allergic conditions is poised to drive the growth of the leukotriene modifier market in the future. Asthma and allergic conditions encompass a range of immune system hypersensitivity disorders triggered by various allergens, leading to inflammation and related symptoms. The rise in asthma and allergic conditions can be attributed to factors such as heightened exposure to pollutants, changing climate patterns, rising temperatures, and increased population density. Leukotriene modifiers play a crucial role in managing and alleviating symptoms associated with asthma and allergic conditions. They also improve respiratory function, reduce inflammation, and offer a safer and more effective treatment option for individuals with chronic respiratory issues. For example, data published by the National Center for Health Statistics (NCHS) in May 2024 indicated an increase in the prevalence of current asthma among adults aged 18 and over in the United States, from 8.4% in 2021 to 8.7% in 2022. Additionally, the incidence of asthma episodes within the past 12 months for adults in the same age group rose from 3.3% in 2021 to 3.7% in 2022. Therefore, the rising incidence of asthma and allergic conditions is a key driver for the leukotriene modifier market.
Major companies in the leukotriene modifier market are concentrating on developing generic formulations, including extended-release (ER) tablets, to broaden their product offerings and meet the growing demand for more convenient and efficient treatments. Generic extended-release (ER) tablets are designed to gradually release active ingredients over an extended period, offering improved dosing schedules and convenience compared to immediate-release formulations. For instance, Camber Pharmaceuticals Inc. added Zileuton ER Tablets to its portfolio in April 2023. These tablets are indicated for asthma prophylaxis and chronic treatment in adults and children aged 12 years and older. They are not meant for acute asthma attack reversal but can be continued during such exacerbations. Zileuton ER Tablets are available in 600 mg strength in 120-count bottles.
In April 2023, SK Capital Partners LP acquired Apotex Pharmaceutical Holdings Inc. to leverage its renowned brand, diverse product portfolio, global presence, and skilled team for growth and shareholder value enhancement. Apotex Pharmaceutical Holdings Inc., based in Canada, manufactures leukotriene modifiers such as Montelukast drugs.
Major companies operating in the leukotriene modifiers market are Merck And Co., Sanofi SA, AstraZeneca PLC, Novartis AG, GlaxoSmithKline plc, Boehringer Ingelheim International GmbH, Viatris Inc., Teva Pharmaceutical Industries Ltd., Hetero Drugs Limited, Sun Pharmaceutical Industries, Sumitomo Dainippon Pharma, Chiesi Farmaceutici S.p.A., Cipla Limited, Aurobindo Pharma Limited, Dr. Reddy's Laboratories, Apotex Pharmaceutical Holdings Inc., Torrent Pharmaceuticals Ltd., DAVA Pharmaceuticals, Alembic Pharmaceuticals Ltd., Starallergens Greer Ltd, Lannett Company, Accord Healthcare, Jubilant Life Sciences Ltd., Aytu BioScience, Annett Company Inc.
North America was the largest region in the leukotriene modifiers market in 2023. The regions covered in the leukotriene modifiers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the leukotriene modifiers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Leukotriene modifiers are a class of medications used to manage and treat allergic rhinitis (hay fever) and asthma by blocking the action or production of leukotrienes in the body. Leukotrienes are chemicals that contribute to inflammation, bronchoconstriction (narrowing of the airways), and mucus production associated with these conditions. By inhibiting leukotrienes, these medications help reduce symptoms such as wheezing, shortness of breath, and nasal congestion.
The main types of leukotriene modifiers include montelukast, zafirlukast, zileuton er, and zileuton. Montelukast, for instance, is a leukotriene receptor antagonist used to prevent and manage asthma and relieve symptoms of seasonal allergies. These medications are available in various forms such as tablets, chewable tablets, and oral granules, and are distributed through channels such as hospital pharmacies, retail pharmacies, drug stores, and online pharmacies.
The leukotriene modifiers market research report is one of a series of new reports that provides leukotriene modifiers market statistics, including leukotriene modifiers industry global market size, regional shares, competitors with an leukotriene modifiers market share, detailed leukotriene modifiers market segments, market trends and opportunities, and any further data you may need to thrive in the leukotriene modifiers industry. This leukotriene modifiers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The leukotriene modifiers market consists of sales of modafinil, armodafinil, amphetamine-based stimulants, fluoxetine, and sertraline. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The leukotriene modifiers market size is expected to see strong growth in the next few years. It will grow to $28.48 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to significant opportunities in emerging markets driven by increasing healthcare infrastructure and rising disposable incomes, a shift towards personalized medicine, growing adoption of telemedicine and remote patient monitoring, ongoing research and development focused on novel drug candidates and formulations, and anticipated changes in regulatory frameworks. Major trends expected during this period include the integration of digital health technologies such as mobile apps and wearable devices, incorporation of artificial intelligence (AI) and machine learning algorithms, exploration of novel therapeutic targets, development of patient engagement solutions and tools, and adoption of continuous manufacturing processes for enhanced efficiency and flexibility in drug production.
The increasing prevalence of asthma and allergic conditions is poised to drive the growth of the leukotriene modifier market in the future. Asthma and allergic conditions encompass a range of immune system hypersensitivity disorders triggered by various allergens, leading to inflammation and related symptoms. The rise in asthma and allergic conditions can be attributed to factors such as heightened exposure to pollutants, changing climate patterns, rising temperatures, and increased population density. Leukotriene modifiers play a crucial role in managing and alleviating symptoms associated with asthma and allergic conditions. They also improve respiratory function, reduce inflammation, and offer a safer and more effective treatment option for individuals with chronic respiratory issues. For example, data published by the National Center for Health Statistics (NCHS) in May 2024 indicated an increase in the prevalence of current asthma among adults aged 18 and over in the United States, from 8.4% in 2021 to 8.7% in 2022. Additionally, the incidence of asthma episodes within the past 12 months for adults in the same age group rose from 3.3% in 2021 to 3.7% in 2022. Therefore, the rising incidence of asthma and allergic conditions is a key driver for the leukotriene modifier market.
Major companies in the leukotriene modifier market are concentrating on developing generic formulations, including extended-release (ER) tablets, to broaden their product offerings and meet the growing demand for more convenient and efficient treatments. Generic extended-release (ER) tablets are designed to gradually release active ingredients over an extended period, offering improved dosing schedules and convenience compared to immediate-release formulations. For instance, Camber Pharmaceuticals Inc. added Zileuton ER Tablets to its portfolio in April 2023. These tablets are indicated for asthma prophylaxis and chronic treatment in adults and children aged 12 years and older. They are not meant for acute asthma attack reversal but can be continued during such exacerbations. Zileuton ER Tablets are available in 600 mg strength in 120-count bottles.
In April 2023, SK Capital Partners LP acquired Apotex Pharmaceutical Holdings Inc. to leverage its renowned brand, diverse product portfolio, global presence, and skilled team for growth and shareholder value enhancement. Apotex Pharmaceutical Holdings Inc., based in Canada, manufactures leukotriene modifiers such as Montelukast drugs.
Major companies operating in the leukotriene modifiers market are Merck And Co., Sanofi SA, AstraZeneca PLC, Novartis AG, GlaxoSmithKline plc, Boehringer Ingelheim International GmbH, Viatris Inc., Teva Pharmaceutical Industries Ltd., Hetero Drugs Limited, Sun Pharmaceutical Industries, Sumitomo Dainippon Pharma, Chiesi Farmaceutici S.p.A., Cipla Limited, Aurobindo Pharma Limited, Dr. Reddy's Laboratories, Apotex Pharmaceutical Holdings Inc., Torrent Pharmaceuticals Ltd., DAVA Pharmaceuticals, Alembic Pharmaceuticals Ltd., Starallergens Greer Ltd, Lannett Company, Accord Healthcare, Jubilant Life Sciences Ltd., Aytu BioScience, Annett Company Inc.
North America was the largest region in the leukotriene modifiers market in 2023. The regions covered in the leukotriene modifiers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the leukotriene modifiers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Leukotriene modifiers are a class of medications used to manage and treat allergic rhinitis (hay fever) and asthma by blocking the action or production of leukotrienes in the body. Leukotrienes are chemicals that contribute to inflammation, bronchoconstriction (narrowing of the airways), and mucus production associated with these conditions. By inhibiting leukotrienes, these medications help reduce symptoms such as wheezing, shortness of breath, and nasal congestion.
The main types of leukotriene modifiers include montelukast, zafirlukast, zileuton er, and zileuton. Montelukast, for instance, is a leukotriene receptor antagonist used to prevent and manage asthma and relieve symptoms of seasonal allergies. These medications are available in various forms such as tablets, chewable tablets, and oral granules, and are distributed through channels such as hospital pharmacies, retail pharmacies, drug stores, and online pharmacies.
The leukotriene modifiers market research report is one of a series of new reports that provides leukotriene modifiers market statistics, including leukotriene modifiers industry global market size, regional shares, competitors with an leukotriene modifiers market share, detailed leukotriene modifiers market segments, market trends and opportunities, and any further data you may need to thrive in the leukotriene modifiers industry. This leukotriene modifiers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The leukotriene modifiers market consists of sales of modafinil, armodafinil, amphetamine-based stimulants, fluoxetine, and sertraline. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Leukotriene Modifiers Market Characteristics3. Leukotriene Modifiers Market Trends and Strategies32. Global Leukotriene Modifiers Market Competitive Benchmarking33. Global Leukotriene Modifiers Market Competitive Dashboard34. Key Mergers and Acquisitions in the Leukotriene Modifiers Market
4. Leukotriene Modifiers Market - Macro Economic Scenario
5. Global Leukotriene Modifiers Market Size and Growth
6. Leukotriene Modifiers Market Segmentation
7. Leukotriene Modifiers Market Regional and Country Analysis
8. Asia-Pacific Leukotriene Modifiers Market
9. China Leukotriene Modifiers Market
10. India Leukotriene Modifiers Market
11. Japan Leukotriene Modifiers Market
12. Australia Leukotriene Modifiers Market
13. Indonesia Leukotriene Modifiers Market
14. South Korea Leukotriene Modifiers Market
15. Western Europe Leukotriene Modifiers Market
16. UK Leukotriene Modifiers Market
17. Germany Leukotriene Modifiers Market
18. France Leukotriene Modifiers Market
19. Italy Leukotriene Modifiers Market
20. Spain Leukotriene Modifiers Market
21. Eastern Europe Leukotriene Modifiers Market
22. Russia Leukotriene Modifiers Market
23. North America Leukotriene Modifiers Market
24. USA Leukotriene Modifiers Market
25. Canada Leukotriene Modifiers Market
26. South America Leukotriene Modifiers Market
27. Brazil Leukotriene Modifiers Market
28. Middle East Leukotriene Modifiers Market
29. Africa Leukotriene Modifiers Market
30. Leukotriene Modifiers Market Competitive Landscape and Company Profiles
31. Leukotriene Modifiers Market Other Major and Innovative Companies
35. Leukotriene Modifiers Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Leukotriene Modifiers Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on leukotriene modifiers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
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- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for leukotriene modifiers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The leukotriene modifiers market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Drug Type: Montelukast; Zafirlukast; Zileuton ER; Zileuton2) By Form: Tablets; Chewable Tablets; Oral Granules
3) By Distribution Channel: Hospitals Pharmacies; Retail Pharmacies; Drug Stores; Online Pharmacies
Key Companies Mentioned: Merck And Co.; Sanofi SA; AstraZeneca PLC; Novartis AG; GlaxoSmithKline plc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Merck And Co.
- Sanofi SA
- AstraZeneca PLC
- Novartis AG
- GlaxoSmithKline plc
- Boehringer Ingelheim International GmbH
- Viatris Inc.
- Teva Pharmaceutical Industries Ltd.
- Hetero Drugs Limited
- Sun Pharmaceutical Industries
- Sumitomo Dainippon Pharma
- Chiesi Farmaceutici S.p.A.
- Cipla Limited
- Aurobindo Pharma Limited
- Dr. Reddy's Laboratories
- Apotex Pharmaceutical Holdings Inc.
- Torrent Pharmaceuticals Ltd.
- DAVA Pharmaceuticals
- Alembic Pharmaceuticals Ltd.
- Starallergens Greer Ltd
- Lannett Company
- Accord Healthcare
- Jubilant Life Sciences Ltd.
- Aytu BioScience
- Annett Company Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 22.33 Billion |
Forecasted Market Value ( USD | $ 28.48 Billion |
Compound Annual Growth Rate | 6.3% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |