Global Ranolazine Market Size By Product (Purity:98%, Purity:>98%), By End User (Preinfarction Angina, Post-Infarction Angina), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Ranolazine Market Size And Forecast

Ranolazine Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.

What's driving the Global Ranolazine Market? Well, a big part of it is the rising need for medications that fight angina around the world. Plus, we're seeing changes in how people live – increased stress levels, for example – and that's only going to make the demand for Ranolazine bigger in the coming years. More research and development in this area is also playing a huge role, leading to new and improved products. This increased R&D is expected to really boost the market size. If you want a complete picture of the Global Ranolazine Market, the report offers a holistic evaluation. It dives deep into the main pieces of the puzzlekey segments, trends, the things pushing the market forward (drivers), the things holding it back (restraints), who the big players are (competitive landscape), and other factors that are really important.

Global Ranolazine Market Definition

Ranolazine is a medicine for the prevention of chronic chest pain (angina). It is also used with channel blockers, beta-blockers & angiotensin receptor blockers, lipid-lowering therapy, nitrates, antiplatelet therapy, and ACE inhibitors. In a range of voltage-gated sodium channels, ranolazine inhibits continuous or late inner sodium current (INa). This inhibition trigger decreases in intracellular levels of calcium. This decreases strain in the heart wall and reduces the need for oxygen in the muscle. The QT extension effect of ranolazine on the surface electrocardiogram is due to the inhibitory effect of IKr, which expands the potential for ventricular action.

Think of it as a helper drug – we usually use it when other medications aren't quite doing the trick. For women, it might not be as helpful as it is for men. Common side effects? Expect things like headache, constipation, nausea, or feeling dizzy. Now, because of how your body processes this drug, it can sometimes clash with other medications you're taking, so that's something to watch out for. Also, for some people, ranolazine can slightly mess with their QT interval (it's a thing on your EKG). The FDA label actually warns doctors about this potential issue. If your liver isn't working too well (moderate to serious liver disease), this QT interval thing gets even worse, so you shouldn't take ranolazine. And if you have liver cirrhosis, definitely stay away from it!

Global Ranolazine Market Overview

We're likely to see a surge in demand for ranolazine around the world, driven by the need for more tailored treatments, bigger healthcare budgets, and better ways to manage conditions, especially in growing economies. Think of angina – that crushing chest pain brought on by exertion or stress; that's where ranolazine can really help. Plus, companies are investing in research and development, looking for cheaper and smarter ways to make ranolazine, which should also boost its popularity. And because it's proving useful in more and more situations, thanks to its benefits, we can expect even greater demand for ranolazine in the future.

Trends in the global Ranolazine Market include market consolidation and technological advancements in process and materials. A range of companies focuses on organic growth initiatives, such as the launch of products, product approvals, patents, and events. Acquisitions and alliances & partnerships and inorganic growth tactics in the market are expected to propel the grow the client base of market players.

Global Ranolazine MarketSegmentation Analysis

The Global Ranolazine Market is Segmented on the basis of Product, End User, and Geography.

Ranolazine Market, By Product

• Purity98%• Purity>98%

Based on Product, the market is bifurcated into Purity98% & Purity>98%. Ranolazine with purity >98% is given to patients with continuously worsening conditions of infraction angina. However, overdose can cause nausea, vomiting, numbness, dizziness, or fainting. Patients with lower symptoms of prinzmetal angina are treated with ranolazine purity 98%.

Ranolazine Market, By End User

• Preinfarction Angina• Post-Infarction Angina

Based on End User, the market is segmented into Preinfarction Angina and Post-Infarction Angina. Preinfarction angina lasts longer than 15 minutes. It is a symptom of a worsening condition of insufficient supply of blood to the heart. Patients with normal coronary arteries or negligible atherosclerosis suffer from, a variant type of angina of Prinzmetal’s angina. Spasms of the artery are known to cause it, more in younger women.

Ranolazine Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

Based on regional analysis, the Global Ranolazine Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The US is the largest contributor to the Ranolazine Market in the region. This growth is mainly attributed to the increasing, westernized diet and subsequent increase of smoking, obesity, and diabetes.

Key Players

The “Global Ranolazine Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are JSN chemicals, Jubilant Pharma, Cemex Pharma, Precise Chemipharma, Nuray Chemicals, Emmennar, SVK Laboratories Private Limited, Ind-Swift Laboratories Ltd, Wuhai Fulin Bio-Technology, and Srini.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Partnerships, Collaborations, and Agreements

• February 2021. Jubilant Biosys and Yale University have announced a partnership to accelerate several small molecule discovery programs.

• MARCH 26, 2019. CEMEX Ventures, CEMEX’s Corporate Venture Capital Unit, announced a collaboration agreement with TEKFEN Ventures, the investment fund of TEKFEN, a Turkish industrial conglomerate active in construction, agriculture, manufacturing, and real estate. Both companies have agreed to work together to create synergies in order to innovate the construction industry.

• May 2021 Viva Biotech and BioMap Have Signed a Strategic Collaboration Agreement to Accelerate Early Drug Discovery Using AI Technology.

Mergers and Acquisitions

• February 2021. As part of its growth strategy, CEMEX announced that its U.S. operations are expanding their strong Texas network with the acquisition of a ready-mix business in San Antonio, TX.

• July 2020. Jubilant Life Sciences Limited has merged with its sister company, Jubilant Chemsys Limited, both of which are based in Noida, India. Jubilant Biosys Limited is the new name for the combined entities.

• August 20, 2021. PI Industries Limited has signed a Business Transfer Agreement (BTA) with Ind-Swift Laboratories Limited (ISLL) to purchase their API and Intermediates business on a slump sale going concern basis.

Product Launches and Product Expansions

• November 28th, 2019. Jubilant Biosys, a subsidiary of Jubilant Lifesciences Limited based in Bengaluru, announced today the start of two expansion projects in Greater Noida and Bengaluru.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2017-2028

Base Year

2020

Forecast Period

2021-2028

Historical Period

2017-2019

Key Companies Profiled

JSN chemicals, Jubilant Pharma, Cemex Pharma, Precise Chemipharma, Nuray Chemicals, Emmennar, SVK Laboratories Private Limited.

Segments Covered
  • By Product
  • By End User
  • By Geography
Customization Scope

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

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