Methenamine Hippurate Tablets Market is set to Grow at a USD 14.73 Billion During the Forecast Period 2030

PRESS RELEASE
Published April 13, 2023

Methenamine Hippurate Tablets Market

Methenamine Hippurate Tablets Market analysis report covers detailed value chain analysis of the market. The value chain analysis helps to analyze major upstream raw materials, major equipment’s, manufacturing process, and downstream customer analysis and major distributor analysis are mentioned in the report along with all the drivers and restraints for the market. It presents a comparative detailed analysis of all regional and player segments, offering readers a better knowledge of the areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the market.

As the incidence of urinary tract infections is growing globally with reported cases of 50-60% in adult women, the demand of methenamine hippurate tablets and therefore anticipated to provide market with the huge growth. Furthermore, growing government support for APIs development and rising investment in pharmaceutical industries also expand the market growth.

Data Bridge Market Research analyses a growth rate in the methenamine hippurate tablets market in the forecast period 2023-2030. The expected CAGR of the methenamine hippurate tablets market tends to be around 6.50% in the mentioned forecast period. The market was valued at USD 8.9 billion in 2022, and it would grow up to USD 14.73 billion by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Methenamine hippurate tablets are the type of antiseptic drugs which is indicated for urinary tract infections. Methenamine hippurate tablets are manufactured by mixing some other compounds, including povidone, magnesium stearate, and saccharin sodium. This tablet has been reported to get readily absorbed by the gastrointestinal tract and thus effectively distributed in the body fluid. A single dose of methenamine hippurate tablets has been recorded to show antibacterial activity after half an hour of single 1g dose administration. From the overall tablet methenamine moiety excreted out with urine however the hippurate

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Methenamine Hippurate Tablets Market Dynamics

Drivers

Availability of Different Dosage Forms

The extensive availability of different dosage forms are enhancing the growth of the market. 20 Tablets/Bottle is a type of Hydroxycut, which contains a mixture of Amide and Carboxylic Acid salts. It is soluble in water and ethanol. Then there is another form called 60 Tablets/Bottle, a form of methenamine hippurate. It is used to treat horses having chronic diarrhea and is as an anti-carrhythmic drug in humans. It is a very effective anti-carrhythmic drug available today it contains approximately 1 mg of the active ingredient. Then , a bottle is a type of container with a neck that is narrower than the body. Bottles are often made of glass, plastic, and ceramic. Thus, all these different availability is boosting the growth of the market.

Opportunities

Rising Cases of Urinary Tract Infections

Community-associated UTI (CAUTI) incidence is 0.7% and the primary risk factors are age, history of UTI, sexual activity and diabetes. Globally, around 150 million individuals develop UTIs. The highest incidence of symptomatic infections is prevalent in young, sexually active women aged 18 to 24 years, with one-third to one-half of women reported having at least one UTI by age 32. In the U.S., 70–80% of complicated UTIs are attributable to catheters, resulting in 1 million cases per year. Thus, this boosts the market growth.

Global Methenamine Hippurate Tablets Market Scope

The methenamine hippurate tablets market is segmented on the basis of type, application, population type, end user, distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

20 Tablets/Bottle

6 Tablets/ Bottle

Application

Uncomplicated UTIs

Healthcare-associated UTIs

End User

Hospitals

Homecare

Specialty Clinics

Others

Distribution Channel

Hospital Pharmacy

Online Pharmacy

Retail Pharmacy

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Methenamine Hippurate Tablets Market Regional Analysis/Insights

The methenamine hippurate tablets market is analyzed and market size insights and trends are provided by type, application, end user, and distribution channel as referenced above.

The major countries covered in the methenamine hippurate tablets market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe has been witnessing the highest growth for the methenamine hippurate tablets market throughout the forecasted period because of the constant rise in the chronic infections among women and growing cases of postmenopausal UTIs.

North America dominates the market because of the growing disposable income and increasing cases of urological procedures. Furthermore, Europe accounts the second largest market share because of the rising awareness for urinary tract infections and wide presence of distribution network for methenamine hippurate tablets.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Methenamine Hippurate Tablets Market Share Analysis

The methenamine hippurate tablets market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to methenamine hippurate tablets market.

Key players operating in the methenamine hippurate tablets market include:

Validus Pharmaceuticals LLC (U.S.)

Alvogen (U.S.)

Micro Labs USA, Inc. (India)

Aurobindo Pharma USA. (U.S.)

Edenbridge Pharmaceuticals, LLC (U.S.)

Kreative Organics (India)

Viatris Inc (U.S.)

CorePharma LLC (U.S.)

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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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