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Finasteride Market Share
- Report ID: GMI732
- Published Date: Mar 2020
- Report Format: PDF
Finasteride Market Share
The major players involved in finasteride industry including
- Merck
- Teva Pharmaceuticals
- Novartis
- RelonChem
- Dr. Reddy
- Henan Topfond
Merck serves as a major player and pioneer in the market owing to its patents. However, product generalization has led to the entrance of more player and extensive research is being done in order to formulate effective products.
Frequently Asked Questions (FAQ) :
Finasteride market was valued at USD 110 million in 2019.
The finasteride market is likely to register a CAGR of 2.5% over the forecast period.
According to the report published by Global Market Insights Inc., the finasteride business is supposed to attain $130 million (USD) by 2026.
Rising cases of prostate cancer, increasing trend for hair care products that will prompt consumers to rely on hair medication, growing consumer spending on hair care products accompanied by expanding distribution channel are the major key factors expected to drive the growth of global market.
Merck, Novartis, Teva Pharmaceuticals, Cipla, RelonChem, Dr. Reddy, Henan Topfond, Zhejiang CONBA Pharmaceutical, Shandong Renhetang Pharmaceutical, Guangdong Eashu Pharmacetical are some of the top contributors in the industry.
The 1mg products segment registered a significant market share in 2019 and is projected to record a remarkable growth rate throughout the forecast period.
Finasteride Market Scope
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