Isosorbide Mononitrate Market: Latest Industry Trends and Opportunities
Isosorbide mononitrate is available in various formulations, including tablets, capsules, and solutions. The most commonly prescribed formulation is tablets. Isosorbide mononitrate is also available as an extended-release formulation to prevent angina pectoris.
Isosorbide Mononitrate Market Is Expected to Grow Significantly During the Forecast Period
Isosorbide mononitrate is a medication used to prevent chest pain caused by angina. It works by widening blood vessels and increasing blood flow to the heart. The global isosorbide mononitrate market is expected to grow significantly during the forecast period.
The growing prevalence of cardiovascular diseases is the major factor driving the market’s growth. According to the World Health Organization, cardiovascular diseases are the leading cause of death globally, accounting for 17.9 million deaths in 2016. The rising incidence of heart attacks and strokes is expected to fuel the demand for isosorbide mononitrate and other medications to treat cardiovascular diseases.
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Segment by Type
10 mg Tablet
20 mg Tablet
Segment by Application
Treatment of angina pectoris
Others
Segment by key players
Teva, Merck, Nesher Pharmaceuticals, Taj pharmaceutical, AMRI, Intas Pharmaceuticals, Sandoz, Globus Remedies, Intas Pharmaceuticals, Shandong Fangming Pharmaceutical Group, ReYoung Pharmaceutical
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Isosorbide Mononitrate Market Features, Advantages, Benefits:
Isosorbide mononitrate prevents angina (chest pain) caused by coronary artery disease. This medicine is also used to treat chronic stable angina and angina that occurs during physical activity or emotional stress. By widening blood vessels, this medicine decreases the work of the heart and reduces chest pain. Isosorbide mononitrate belongs to a class of drugs known as nitrates.
Isosorbide Mononitrate treats chest pain and improves exercise tolerance in people with coronary artery disease. It is also used to prevent angina attacks from happening. This medication belongs to a class of drugs called nitrates. Nitrates work by widening blood vessels and increasing blood flow to the heart. Isosorbide Mononitrate is available in tablet form and is taken orally. The usual starting dose is 5 mg two times a day.
Global Market Challenges Isosorbide Mononitrate
1. Even if research costs are minimal, producing Isosorbide Mononitrate is complex and costly. This requires significant expenditures, clinical trial experience, and process improvement.
2. Unlike generic drug creation, Isosorbide Mononitrate producers, will also need to invest in clinical studies and safety controls procedures comparable to those performed by original patent-holding firms.
3. Manufacturing is not easy. It’s also difficult to control the variation of the products expected to be developed. End products manufactured in different ways from those of their reference products can create problems.
4. Regulatory authorities could request additional preclinical or clinical evidence to show that the manufacturing procedure did not affect the product’s effectiveness and safety.
5. Producers of Isosorbide Mononitrate products must compete with other Isosorbide Mononitrate producers and the original biological and generic drug manufacturers. The original biologic company can be competitive by launching new products, second-generation therapies, dose enhancements, or economic manufacturing processes as new Isosorbide Mononitrate goods are introduced to the market.
6. Doctors’ perception of Isosorbide Mononitrate is still negative, which can affect their prescription to some degree. Other factors such as patent extensions or lower prices than generic drugs can also hinder global Isosorbide Mononitrate market expansion.
Review of Report Highlights
@ Detailed overview of the market’s parent
@ Changes in market dynamics
@ In-depth market segmentation
@ Historical, current, as well as the projected market size in terms of volume and value
@ The latest industry trends and developments
@ Competitive landscape
@ Key player’s strategies and products
@ Potential growth opportunities in niches and regions that are promising
@ A neutral view of market performance
@ It is essential information that market players must know to grow and sustain their market share.
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This Market Study Answers These Questions:
1. What is the buying pattern of customers in a certain region of Isosorbide Mononitrate?
2. How much money can a customer put into Isosorbide Mononitrate?
3. What are the major factors that will drive product demand in the future vs. present?
4. How does technology preference change consumer behavior in Isosorbide Mononitrate?
5. Which messages from Isosorbide Mononitrate have the greatest impact on your audience?
6. What causes product switching to occur?
7. What technological advancements have affected supplier selection criteria?
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