Global Montelukast Sodium market cagr 11.7%

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Montelukast Sodium Market

Montelukast Sodium Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Montelukast Sodium Market Size and Growth

The Montelukast Sodium market is experiencing notable growth, driven by increasing asthma and allergy prevalence. Current market size is estimated at approximately $1.5 billion, with projections indicating continued expansion due to rising awareness, enhanced healthcare access, and a growing geriatric population. Competitive dynamics highlight both generic and branded therapies.

Companies Covered

(Covid 19 Impact Covered)

◍ Morepen Laboratories

◍ Mylan

◍ TAPI

◍ MSN Laboratories

◍ Ultratech India

◍ Aurobindo Pharma

◍ Hetero Labs

◍ Unimark Remedies

◍ Jubilant Cadista

◍ Aamorb Pharmaceuticals

◍ Sudarshan Group

◍ Ortin Laboratories

◍ Vamsi Labs

◍ Adley Group

◍ Medopharm

◍ Hengyuan Pharmaceutical

◍ Arromax Pharmaceutical Technology

The Montelukast Sodium market features companies like Morepen Laboratories, Mylan, and Aurobindo Pharma manufacturing and distributing the drug. These firms enhance market growth through innovation, strategic partnerships, and competitive pricing. Notable sales revenue figures include:

- Mylan: ~$11 billion

- Aurobindo Pharma: ~$1.5 billion

- Jubilant Cadista: ~$300 million.

◍ Lihe Wuhan New Chemical

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Materials

Market Segmentation

By Application

Tablets

Chewable Tablet

Oral Solution

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By Product

Montelukast Sodium Amorphous

Montelukast Sodium Crystalline

Market Growth

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$ X Billion USD

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Global Montelukast Sodium market cagr 11.7% by ReportPrime - Issuu