Pharmaceutical Industry Today

Pediatric Drugs Market: The Growth Cycle Continues| Bayer, Eli Lilly, Novo Nordisk

Childhood is marked by tremendous growth and development from birth up to age 18. This makes regular pediatric care a vital part of not only keeping your child well, but also providing guidance throughout your child's development.
Published 29 November 2023

The Latest research coverage on Pediatric Drugs Market provides a detailed overview and accurate market size. The study is designed considering current and historical trends, market development and business strategies taken up by leaders and new industry players entering the market. Furthermore, study includes an in-depth analysis of global and regional markets along with country level market size breakdown to identify potential gaps and opportunities to better investigate market status, development activity, value and growth patterns.

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 Major & Emerging Players in Pediatric Drugs Market:- Abbott Laboratories (United States), Bayer (Germany), Eli Lilly (United States), Forest Laboratories (United States), GlaxoSmithKline (United Kingdom), Johnson & Johnson (United States), Novartis Pharmaceuticals (Switzerland), Novo Nordisk (Denmark), Merck (United States), Pfizer (United States),

The Pediatric Drugs Market Study by AMA Research gives an essential tool and source to Industry stakeholders to figure out the market and other fundamental technicalities, covering growth, opportunities, competitive scenarios, and key trends in the Pediatric Drugs market.

Growing prevalence of pediatric diseases will help to boost global pediatric drug market in the forecasted period. Pediatric drugs are a special class of drugs which are prescribed to children and infants for various diseases. These drugs are applicable in various conditions such as asthma, birth defects, anorexia, cancer in children, growth deficiencies, juvenile diabetes, attention deficit hyperactivity disorder, and many others.

The Best Pharmaceuticals for Children Act (BPCA) became law in 2002. It was reauthorized in 2007 under the Food and Drug Administration (FDA) Amendments Act, in 2012 under the FDA Safety and Innovation Act, and again in 2017 under the FDA Reauthorization Act. According to the act, To encourage the pharmaceutical industry to perform pediatric studies to improve labeling for patented drug products used in children, by granting an additional 6 months patent exclusivity. For NIH to prioritize therapeutic areas and sponsor clinical trials and other research for off-patent drug products that need further study in children.

On 2nd January 2019, Bristol-Myers Squibb Company has announced the U.S. Food and Drug Administration (FDA) has expanded the indication for Sprycel ® (dasatinib) tablets to include the treatment of pediatric patients one year of age and older with newly diagnosed Philadelphia chromosome-positive (Ph+) acute lymphoblastic leukemia (ALL) in combination with chemotherapy.

The titled segments and sub-section of the market are illuminated below: by Type (Allergy and Respiratory Drugs, Anti-Infectives, Cancer Therapies, Cardiovascular Drugs, Central Nervous System Drugs, Gastrointestinal Drugs, Hormone Drugs, Urological Drugs), Application (Hospital, Clinic, Drugstore), Form (Tablets, Powder, Injection, Others)

Market Trends:

Increasing investment on R & D for Pediatric Drug

Growing Incidences of Obesity

Opportunities:

Technological Advancement in the Pediatric Field

Market Drivers:

Rising Government Support and Initiation of National Programs 

Fueling Demand for Chronic Treatment Drugs

Challenges:

Lack of Awareness in Developing Countries

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Some Point of Table of Content:

Chapter One: Report Overview

Chapter Two: Global Market Growth Trends

Chapter Three: Value Chain of Pediatric Drugs Market

Chapter Four: Players Profiles

Chapter Five: Global Pediatric Drugs Market Analysis by Regions

Chapter Six: North America Pediatric Drugs Market Analysis by Countries

Chapter Seven: Europe Pediatric Drugs Market Analysis by Countries

Chapter Eight: Asia-Pacific Pediatric Drugs Market Analysis by Countries

Chapter Nine: Middle East and Africa Pediatric Drugs Market Analysis by Countries

Chapter Ten: South America Pediatric Drugs Market Analysis by Countries

Chapter Eleven: Global Pediatric Drugs Market Segment by Types

Chapter Twelve: Global Pediatric Drugs Market Segment by Applications

What are the market factors that are explained in the Pediatric Drugs Market report?

– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.

– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.

– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

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