Albendazole Drug Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Albendazole Drug Market covers analysis by Type (Capsule, Tablet); Application (Giardiasis, Trichuriasis, Filariasis, Neurocysticercosis, Hydatid Disease and Others), and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00013497
  • Category : Pharmaceuticals
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Albendazole is a broad-spectrum anthelmintic. The principal mode of action for albendazole is by its inhibitory effect on tubulin polymerization which results in the loss of cytoplasmic microtubules. This drug is a medication used for the treatment of a variety of parasitic worm infestations. It is useful for giardiasis, trichuriasis, filariasis, neurocysticercosis, hydatid disease, pinworm disease, and ascariasis, among others. It is taken orally. The indication of drug is used for the treatment of parenchymal neurocysticercosis due to active lesions caused by larval forms of the Taenia solium, pork tapeworm, and for the treatment of cystic hydatid disease of the lung, liver, and peritoneum, caused by the larval form of the dog tapeworm, Echinococcus granulosus.

MARKET DYNAMICS

The Albendazole Drug market is expected to grow significantly in the coming years, due to rising cases of neurocysticercosis (infection caused by the pork tapeworm in the muscles, brain, and eyes that may cause seizures, brain swelling, and vision problems). Moreover, increasing health care expenditure anticipated to influence the end-user of Fujimycin.

MARKET SCOPE

The "Albendazole Drug Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of Albendazole Drug market with detailed market segmentation by type and application. The Albendazole Drug market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Albendazole Drug market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The Albendazole Drug market is segmented on the basis of type and application . Based on Type , the market is segmented into Tablet and Capsules. On the basis of application , the market is categorized as Giardiasis, Trichuriasis, Filariasis, Neurocysticercosis, Hydatid Disease and Others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Albendazole Drug market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Albendazole Drug market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Albendazole Drug market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Albendazole Drug market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Albendazole Drug market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Albendazole Drug market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Albendazole Drug market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Albendazole Drug market in these regions.

MARKET PLAYERS

The report covers key developments in the Albendazole Drug market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Albendazole Drug market are anticipated to have lucrative growth opportunities in the future with the rising demand for Albendazole Drug in the global market. Below mentioned is the list of few companies engaged in the Albendazole Drug market.

The report also includes the profiles of key players in Albendazole Drug market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   GlaxoSmithKline
  •   Hubei Zhongjia-Chem Pharmaceutical
  •   Hubei Keyi Pharmaceutical
  •   Changzhou Yabang
  •   Huazhong Pharmaceutical
  •   Sequent Scientific
  •   K.A.Malle Pharmaceuticals
  •   Fredun Pharmaceuticals
  •   Ashish Life Science
  •   AdvaCare Pharma

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Albendazole Drug Market - By Type
1.3.2 Albendazole Drug Market - By Application
1.3.3 Albendazole Drug Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ALBENDAZOLE DRUG MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ALBENDAZOLE DRUG MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ALBENDAZOLE DRUG MARKET - GLOBAL MARKET ANALYSIS
6.1. ALBENDAZOLE DRUG - GLOBAL MARKET OVERVIEW
6.2. ALBENDAZOLE DRUG - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ALBENDAZOLE DRUG MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CAPSULE
7.3.1. Overview
7.3.2. Capsule Market Forecast and Analysis
7.4. TABLET
7.4.1. Overview
7.4.2. Tablet Market Forecast and Analysis
8. ALBENDAZOLE DRUG MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. GIARDIASIS
8.3.1. Overview
8.3.2. Giardiasis Market Forecast and Analysis
8.4. TRICHURIASIS
8.4.1. Overview
8.4.2. Trichuriasis Market Forecast and Analysis
8.5. FILARIASIS
8.5.1. Overview
8.5.2. Filariasis Market Forecast and Analysis
8.6. NEUROCYSTICERCOSIS
8.6.1. Overview
8.6.2. Neurocysticercosis Market Forecast and Analysis
8.7. HYDATID DISEASE AND OTHERS
8.7.1. Overview
8.7.2. Hydatid Disease and Others Market Forecast and Analysis
9. ALBENDAZOLE DRUG MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Albendazole Drug Market Overview
9.1.2 North America Albendazole Drug Market Forecasts and Analysis
9.1.3 North America Albendazole Drug Market Forecasts and Analysis - By Type
9.1.4 North America Albendazole Drug Market Forecasts and Analysis - By Application
9.1.5 North America Albendazole Drug Market Forecasts and Analysis - By Countries
9.1.5.1 United States Albendazole Drug Market
9.1.5.1.1 United States Albendazole Drug Market by Type
9.1.5.1.2 United States Albendazole Drug Market by Application
9.1.5.2 Canada Albendazole Drug Market
9.1.5.2.1 Canada Albendazole Drug Market by Type
9.1.5.2.2 Canada Albendazole Drug Market by Application
9.1.5.3 Mexico Albendazole Drug Market
9.1.5.3.1 Mexico Albendazole Drug Market by Type
9.1.5.3.2 Mexico Albendazole Drug Market by Application
9.2. EUROPE
9.2.1 Europe Albendazole Drug Market Overview
9.2.2 Europe Albendazole Drug Market Forecasts and Analysis
9.2.3 Europe Albendazole Drug Market Forecasts and Analysis - By Type
9.2.4 Europe Albendazole Drug Market Forecasts and Analysis - By Application
9.2.5 Europe Albendazole Drug Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Albendazole Drug Market
9.2.5.1.1 Germany Albendazole Drug Market by Type
9.2.5.1.2 Germany Albendazole Drug Market by Application
9.2.5.2 France Albendazole Drug Market
9.2.5.2.1 France Albendazole Drug Market by Type
9.2.5.2.2 France Albendazole Drug Market by Application
9.2.5.3 Italy Albendazole Drug Market
9.2.5.3.1 Italy Albendazole Drug Market by Type
9.2.5.3.2 Italy Albendazole Drug Market by Application
9.2.5.4 Spain Albendazole Drug Market
9.2.5.4.1 Spain Albendazole Drug Market by Type
9.2.5.4.2 Spain Albendazole Drug Market by Application
9.2.5.5 United Kingdom Albendazole Drug Market
9.2.5.5.1 United Kingdom Albendazole Drug Market by Type
9.2.5.5.2 United Kingdom Albendazole Drug Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Albendazole Drug Market Overview
9.3.2 Asia-Pacific Albendazole Drug Market Forecasts and Analysis
9.3.3 Asia-Pacific Albendazole Drug Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Albendazole Drug Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Albendazole Drug Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Albendazole Drug Market
9.3.5.1.1 Australia Albendazole Drug Market by Type
9.3.5.1.2 Australia Albendazole Drug Market by Application
9.3.5.2 China Albendazole Drug Market
9.3.5.2.1 China Albendazole Drug Market by Type
9.3.5.2.2 China Albendazole Drug Market by Application
9.3.5.3 India Albendazole Drug Market
9.3.5.3.1 India Albendazole Drug Market by Type
9.3.5.3.2 India Albendazole Drug Market by Application
9.3.5.4 Japan Albendazole Drug Market
9.3.5.4.1 Japan Albendazole Drug Market by Type
9.3.5.4.2 Japan Albendazole Drug Market by Application
9.3.5.5 South Korea Albendazole Drug Market
9.3.5.5.1 South Korea Albendazole Drug Market by Type
9.3.5.5.2 South Korea Albendazole Drug Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Albendazole Drug Market Overview
9.4.2 Middle East and Africa Albendazole Drug Market Forecasts and Analysis
9.4.3 Middle East and Africa Albendazole Drug Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Albendazole Drug Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Albendazole Drug Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Albendazole Drug Market
9.4.5.1.1 South Africa Albendazole Drug Market by Type
9.4.5.1.2 South Africa Albendazole Drug Market by Application
9.4.5.2 Saudi Arabia Albendazole Drug Market
9.4.5.2.1 Saudi Arabia Albendazole Drug Market by Type
9.4.5.2.2 Saudi Arabia Albendazole Drug Market by Application
9.4.5.3 U.A.E Albendazole Drug Market
9.4.5.3.1 U.A.E Albendazole Drug Market by Type
9.4.5.3.2 U.A.E Albendazole Drug Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Albendazole Drug Market Overview
9.5.2 South and Central America Albendazole Drug Market Forecasts and Analysis
9.5.3 South and Central America Albendazole Drug Market Forecasts and Analysis - By Type
9.5.4 South and Central America Albendazole Drug Market Forecasts and Analysis - By Application
9.5.5 South and Central America Albendazole Drug Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Albendazole Drug Market
9.5.5.1.1 Brazil Albendazole Drug Market by Type
9.5.5.1.2 Brazil Albendazole Drug Market by Application
9.5.5.2 Argentina Albendazole Drug Market
9.5.5.2.1 Argentina Albendazole Drug Market by Type
9.5.5.2.2 Argentina Albendazole Drug Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL ALBENDAZOLE DRUG MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Rest of the World
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ALBENDAZOLE DRUG MARKET, KEY COMPANY PROFILES
12.1. GLAXOSMITHKLINE
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. HUBEI ZHONGJIA-CHEM PHARMACEUTICAL
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. HUBEI KEYI PHARMACEUTICAL
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. CHANGZHOU YABANG
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. HUAZHONG PHARMACEUTICAL
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. SEQUENT SCIENTIFIC
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. K.A.MALLE PHARMACEUTICAL
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. FREDUN PHARMACEUTICALS
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. ASHISH LIFE SCIENCE
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. ADVACARE PHARMA
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. GlaxoSmithKline
2. Hubei Zhongjia-Chem Pharmaceutical
3. Hubei Keyi Pharmaceutical
4. Changzhou Yabang
5. Huazhong Pharmaceutical
6. Sequent Scientific
7. K.A.Malle Pharmaceuticals
8. Fredun Pharmaceuticals
9. Ashish Life Science
10. AdvaCare Pharma

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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