Paroxetine Hydrochloride Market
Global Paroxetine Hydrochloride Market Size, Share and Trends Analysis Report by Type (Purity: 98% -99% and Purity: above 99%), by Application (OCD Treatment, Anxiety Treatment, Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global paroxetine hydrochloride market is expected to rise at a considerable CAGR during the forecast period (2022-2028). Paroxetine is used to treat panic attacks, depression, OCD, anxiety disorders, and post-traumatic stress disorder. It works by assisting in the restoration of natural chemical equilibrium in the brain (serotonin). Paroxetine is a serotonin reuptake inhibitor with a narrow therapeutic range (SSRI). This medicine may enable you to regain your interest in daily activities by improving your mood, sleep, appetite, and energy. It enables to reduce panic episodes by reducing fear, worry, and undesirable thoughts. It may additionally, enable compulsions (such as hand washing, counting, and checking) that interfere with daily life. The major factor for the growth of the market is the increasing prevalence of anxiety and depression. According to the Anxiety and Depression Association of America (ADAA), Anxiety disorders are the most common mental illness that affects 40 million adults of age 18 and older or 18.1% of the population every year while panic disorder affects 6 million adults or 2.7% of the population in the US.
Impact of COVID-19 on Global Paroxetine Hydrochloride Market.
The Covid-19 has benefited the paroxetine hydrochloride market. Stress, worry, and sadness caused by COVID-19 affect mental health and contribute to anxiety, stress such as losing the job during Covid-19. People started taking anti-depression pills. These factors raised the demand for paroxetine hydrochloride hence rises the growth of the paroxetine Hydrochloride market globally.
Segmental Outlook
The global paroxetine hydrochloride market is segmented based on type and application. Based on type, the market is sub-segmented into purity: 98%-99% and purity: above 99%. Based on application the market is sub-segmented into OCD treatment, anxiety treatment, others.
Global Paroxetine Hydrochloride Market Share by Type, 2021(%)
Purity: 98%-99% Segment is holding a Prominent Share in the Global Paroxetine Hydrochloride Market.
Based on type, purity: 98%-99% has seen an increase in market share. Psychotop (Solitaire Pharmacia Pvt. Ltd.) has made a Leparox that is a selective serotonin reuptake inhibitor (SSRI) antidepressant that is used to treat major depression, obsessive-compulsive disorder, panic disorder, social anxiety disorder, and generalized anxiety disorder. It raises serotonin levels in the brain, a natural molecule that aids in mental equilibrium.
Regional Outlooks
The global paroxetine hydrochloride market is further segmented based on geography Including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East and Africa, and Latin America).
**The market can be analyzed for a particular region or country level as per the requirement.
Global Paroxetine Hydrochloride Market Growth, by Region 2022-2028
North America is Expected to Witness the Highest Growth Rate in the Global Paroxetine Hydrochloride Market.
Geographically, North America is expected to account for the highest market share during the forecast period.. The US has the highest percentage in the region. The regional growth is attributed to the increasing prevalence of mental disorder, increasing aging population, and significant increase in demand for generic drugs. Apart from these, the presence of prominent market players in region focusing on increasing R&D activities to develop new drugs is anticipated to accelerate the market growth.
Market Players Outlook
The major companies serving the global paroxetine hydrochloride market include GlaxoSmithKline plc, Merck KGaA, Sun Pharmaceutical Industries Ltd., Apotex Inc., Sebela Pharmaceuticals, Inc., and others. These market players are incorporating numerous growth strategies such as new product launch, partnership, mergers and collaborations, business expansion and others to stay in competition and to fulfill growing market demands. For instance, GlaxoSmithKline plc has manufactured Seroxat, that is a type of antidepressant medication. It works by reducing the signs and symptoms of depression, additionally, any anxiety that may be present.
The Report Covers
- Market value data analysis of 2022 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the Global Paroxetine Hydrochloride Market. Based on the availability of data, information related to new product launches, and relevant news is additionally available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on The Global Paroxetine Hydrochloride Market
• Recovery Scenario of Global Paroxetine Hydrochloride Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. GlaxoSmithKline plc
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Merck KGaA
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Sun Pharmaceutical Industries Ltd.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. Swot Analysis
3.3.4. Recent Developments
3.4. Apotex Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Sebela Pharmaceuticals, Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Paroxetine Hydrochloride Market by Type
4.1.1. Purity: 98%-99%
4.1.2. Purity: above 99%
4.2. Global Paroxetine Hydrochloride Market by Application
4.2.1. OCD Treatment
4.2.2. Anxiety Treatment
4.2.3. Others
5. Regional Analysis
5.1. North America
5.1.1 United States
5.1.2 Canada
5.2. Europe
5.2.1.UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Aurobindo Pharma Ltd.
6.2. Cadila Healthcare Ltd.
6.3. Dycine Pharmaceuticals Ltd.
6.4. Enal Drugs Pvt. Ltd.
6.5. Intra life (doxis laboratories)
6.6. Jubilant Pharma Ltd.
6.7. Lupin Ltd.
6.8. Lannett Company, Inc.
6.9. Medichem India Pvt. Ltd.
6.10. Maiden Pharmaceuticals ltd.
6.11. Noven Pharmaceuticals Inc.
6.12. Psychotop (Solitaire Pharmacia Pvt. Ltd.)
6.13. Quality Pharma Products Pvt. Ltd.
6.14. Sandoz Pharmaceuticals (Novartis Group)
6.15. Shreya Life Sciences Pvt. Ltd.
6.16. Sciecure Pharma Inc.
6.17. Teva Pharmaceutical Industries Ltd.
6.18. Zhejiang Huahai Pharmaceutical Co. Ltd.
6.19. Zhejiang Jian-Feng Pharmaceutical Co. Ltd.
1. GLOBAL PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL PURITY: 98%-99% IN PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL PURITY: ABOVE 99% IN PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028($ MILLION)
5. GLOBAL PAROXETINE HYDROCHLORIDE MARKET IN OCD TREATMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
6. GLOBAL PAROXETINE HYDROCHLORIDE MARKET IN ANXIETY TREATMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
7. GLOBAL PAROXETINE HYDROCHLORIDE MARKET IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
8. GLOBAL PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028($ MILLION)
9. NORTH AMERICAN PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
10. NORTH AMERICAN PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
11. NORTH AMERICAN PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
12. EUROPEAN PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
13. EUROPEAN PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028($ MILLION)
14. EUROPEAN PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
15. ASIA-PACIFIC PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. ASIA-PACIFIC PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
17. ASIA-PACIFIC PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
18. REST OF THE WORLD PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. REST OF THE WORLD PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
20. REST OF THE WORLD PAROXETINE HYDROCHLORIDE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL PAROXETINE HYDROCHLORIDE MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL PAROXETINE HYDROCHLORIDE MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL PAROXETINE HYDROCHLORIDE MARKET, 2021-2028 (%)
4. GLOBAL PAROXETINE HYDROCHLORIDE MARKET SHARE BY TYPE, 2021 VS 2028 (%)
5. GLOBAL PURITY: 98%-99% IN PAROXETINE HYDROCHLORIDE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL PURITY: ABOVE 99% IN PAROXETINE HYDROCHLORIDE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL PAROXETINE HYDROCHLORIDE MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
8. GLOBAL PAROXETINE HYDROCHLORIDE MARKET IN OCD TREATMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL PAROXETINE HYDROCHLORIDE MARKET IN ANXIETY TREATMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL PAROXETINE HYDROCHLORIDE MARKET IN OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL PAROXETINE HYDROCHLORIDE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. US PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
13. CANADA PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
14. UK PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
15. FRANCE PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
16. GERMANY PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
17. ITALY PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
18. SPAIN PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
19. REST OF EUROPE PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
20. INDIA PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
21. CHINA PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
22. JAPAN PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
23. SOUTH KOREA PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF ASIA-PACIFIC PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF THE WORLD PAROXETINE HYDROCHLORIDE MARKET SIZE, 2021-2028 ($ MILLION)
