According to a recent market study published by Growth Market Reports (GMR), titled, “Global Ibuprofen Market by Type, Dosage Form, and Region: Size, Share, Trends, and Opportunity Analysis, 2017-2027”, the market was valued at USD 1,146.2 Million in 2019 and is estimated to expand at a CAGR of 2.7% during 2020 and 2027. The global ibuprofen market is anticipated to grow owing to increasing number of patients with arthritis. Moreover, the ability of ibuprofen for treating a wide range of aches and pains such as joints pain, back pain, period pain, and toothache is further expected to boost the growth of the market. Ibuprofen is also used in the treatment of puncture wounds and inflammations such as strains and sprains.
Request a free sample copy: https://growthmarketreports.com/request-sample/94
The global ibuprofen market is fragmented based on types, dosage forms, and regions. In terms of types, the market is segmented into USP and EP. On the basis of dosage forms, the market is divided into tablet, capsule, suspension, and others. Based on regions, the global ibuprofen market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). North America is bifurcated into countries such as U.S., and Canada. Europe is categorized into Germany, France, Italy, the U.K., Spain, Russia, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, South Korea, India, Australia, South East Asia (SEA), and Rest of Asia Pacific (APAC). Latin America is segregated into Brazil, Mexico, and Rest of Latin America (LATAM), and the Middle East & Africa is divided into Saudi Arabia, South Africa, the UAE, and Rest of Middle East & Africa (MEA).
In 2020, the ibuprofen market is expected to witness a significant growth in lieu of COVID-19 pandemic. Various medical research institute and vaccine manufacturing are trying to find the possible usage of ibuprofen drug for the development of COVID-19 vaccine or treatment. Moreover, prevalence of depression symptoms among adults in several regions due to the outbreak of coronavirus is further expected to boost the market.
For More Information: https://growthmarketreports.com/enquiry-before-buying/94
As per GMR industry analyst Akshata Ahire, “The Global Ibuprofen Market is anticipated to witness significant growth during forecast period 2020-2027 driven by growing focus continuous rising cases of gouty arthritis, ankylosing spondylitis, and psoriatic arthritis (arthritis that occurs with a long-lasting skin disease that causes scaling and swelling, which are mainly treated with the help of ibuprofen. Key players in the market are actively focusing on R&D activities for improving the dosage of ibuprofen.”
Buy Full Report at https://growthmarketreports.com/report/ibuprofen-market-global-industry-analysis
Report Metric |
Details |
Market Value in 2019 |
USD 1,436.8 Million |
Market Growth Rate (from 2021 to 2027) |
2.7% |
Historical Data |
2017 & 2018 |
Base Year |
2019 |
Forecast Period |
2020 – 2027 |
Units Considered |
Value (USD Million) |
Market Segments |
Types, Dosage Forms |
Regional Scope |
North America, Europe, Latin America, Asia Pacific, Middle East & Africa (MEA) |
Country Scope |
The U.S., Canada, Germany, France, Italy, the U.K., Spain, Russia, Rest of Europe, China, Japan, South Korea, India, Australia, South East Asia (SEA), Rest of Asia Pacific (APAC), Brazil, Mexico, Rest of Latin America (LATAM), Saudi Arabia, South Africa, the UAE, and Rest of Middle East & Africa (MEA) |
Key Companies Profiled |
BASF SE, Granules India Limited (Granules Biocause), IOL Chemicals And Pharmaceuticals Limited., SI Group, Inc., Strides Pharma Science Limited., Xinhua Pharm, and Zhejiang Hisoar Pharmaceutical Co.,LTD. |
Customization Scope |
Report customization available on request |
Pricing and Purchase Options |
Avail tailor-made purchase options to meet your research requirements. |
Request a free sample copy: https://growthmarketreports.com/request-sample/94
About Us:
Our reports are more than just research reports to us. They are tools that enable us to maintain long-term relationships with our clients whom we honor and cherish. Our client’s business growth is integral for not only them but also us. This is what differentiates us from other market research companies.
At GMR, we provide our expertise and guideline for success. Our team of efficient and experienced researchers and consultants provide progressive market intelligence reports that are accurate, authentic, and in-depth. This empowers the clients to make well-informed decisions.
Moreover, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries including chemicals and materials, energy, automobile, healthcare, consumer goods, and technology. Our deep understanding of many business environments across industries such as those mentioned above allows us to deliver tailor-made reports.