Sialorrhea Treatment Market Scope and Key Players Analysis by 2030
Sialorrhea Treatment Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 695.06 Million |
Market Size by 2030 | US$ 1,042.37 Million |
Global CAGR (2022 - 2030) | 5.2% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Medical Therapy
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Competitive Landscape and Key Companies:
Pfizer Inc, F. Hoffmann-La Roche Ltd, Mylan N.V., Fresenius Kabi AG, Hikma Pharmaceuticals PLC, Novartis AG, Teva Pharmaceutical Industries Ltd., Bristol Myers Squibb Company, GSK Plc., Bayer AG, and Sun Pharmaceutical Industries Ltd. are among the prominent players operating in the global sialorrhea treatment market. These companies focus on the development of new technologies, advancements in existing products, and expansion of geographic footprint to meet the growing consumer demand worldwide and expand their product range in specialty portfolios. Companies operating in the global sialorrhea treatment market are implementing various inorganic and organic strategies. A few of them are mentioned below:
- In August 2021, Merz Therapeutics, a business of the Merz Group and a leader in the field of neurotoxins, was granted the use of XEOMIN for the symptomatic treatment of chronic sialorrhea in children and adolescents aged 2 to 17 years and weighing ≥ 12 kg due to neurodevelopmental disorders/neurological on EU level. The US Food and Drug Administration approved it in December 2020, and the Russian Federal Service for Surveillance in Healthcare August 2021.
- In February 2023, Proveca Pharma Ltd, a pharmaceutical company that specializes in medicines for children, provided Sialanar (glycopyrronium bromide) to children suffering from severe sialorrhea due to chronic neurological disorders in France.