Global Leucovorin Calcium Market Outlook
Report Highlights
What is Leucovorin Calcium?
Leucovorin calcium is a chemically reduced derivative of folic acid. It is used to treat serious blood cell disorders such as thrombocytopenia, neutropenia, anaemia caused by several drugs such as methotrexate, trimethoprim, pyrimethamine, also used to treat patients with colon cancer. It is either given by injection into a vein or a muscle.
Global Leucovorin Calcium Market Outlook
The increasing burden of colorectal cancer and serious blood cell disorder is driving the leucovorin calcium market. Colorectal cancer is the third most commonly diagnosed. The global burden of colorectal cancer is predicted to rise by 60% to more than 2.2 million new cases by 2030. Hemoglobin disorders were prevalent in 60% of 229 countries, potentially affecting 75% of births. About 1.1% of couples globally are at risk of having children with a hemoglobin disorder. Worldwide, over 1% of couples are at risk for hemoglobin disorders, most have at least one affected child, and most affected children die in early childhood.
Increasing approval for a new treatment to propel the leucovorin calcium demand. Shortage of drugs due to manufacturing delays, increased demand limit access to the drug and easy availability of alternative treatment options is hindering the growth of leucovorin calcium market. The market is facing a shortage of drugs due to increased demand, to meet demands manufacturing plants are running at full capacity.
Global Leucovorin Calcium Market
The “Global Leucovorin Calcium Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Pfizer, Eli Lilly, Hikma Pharmaceuticals, Sagent Pharmaceuticals, Jiangsu Hengrui Medicine. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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