DUBAI, UAE. 9th September
2019: Pentosan Polysulfate Sodium Market is
expected to grow at a significant CAGR in the upcoming period as the scope and
its applications are rising enormously across the globe. Pentosan polysulfate
sodium is a semi-synthetically formed heparin-like macromolecular carbohydrate
derivative that structurally and chemically resembles glycosaminoglycans. The
odorless white powder is soluble in water and is slightly hygroscopic in
nature. Its molecular weight ranges from 4000 to 6000 Dalton.
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The factors that are playing a major role in the growth of
pentosan polysulfate sodium market are the rising use for treating interstitial
cystitis, the rising demand from end users, and the growing occurrence of
interstitial cystitis. However, the side effects of pentosan polysulfate sodium
and decreasing its usage may restrain overall market growth in the years to
come. The market is segmented based on type, application, and region.
Purity <99% and purity >99% are the types that could
be explored in pentosan polysulfate sodium market in the forecast period.
Capsules, tablets, and other product types could be explored in pentosan
polysulfate sodium industry in the forecast period. The market may be
categorized based on applications like transmissible spongiform
encephalopathies, anticoagulant, osteoarthritis, interstitial cystitis, and
others could be explored in pentosan polysulfate sodium in the forecast period.
Globally, North America accounted for the substantial market
share of pentosan polysulfate sodium and is estimated to lead the overall
market in the years to come. The reason behind the overall market growth could
be the presence of key manufacturers in the region and the high demand from the
consumers. The United States is a major consumer of pentosan polysulfate sodium
in this region.
Europe and the Asia Pacific are also estimated to have a
positive influence on future growth. Europe is the second largest region with
significant market share. However, Asia Pacific is estimated to grow at the
highest CAGR in the forecast period. The developing countries like India and
China are the major consumers of pentosan polysulfate sodium in this region.
The key players of pentosan polysulfate sodium market are
Reva Pharmachem (P) Ltd., Ogene Systems (I) Pvt., GVK BIO, and CF Pharma. These
players are concentrating on inorganic growth to sustain themselves amidst
fierce competition.
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Key Applications
• Human
• Veterinary
Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key Vendors
• Alembic
• Bene Pharmachem
• Swati Spentose
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