Sertraline HCl Market to Surpass US$ 2,407.4 Mn by 2030 With CAGR of 7.1% | Pfizer Inc., Teva Pharmaceutical Industries Ltd., Novartis AG.

Sertraline hydrochloride is the hydrochloride salt of sertraline, a human derivation of naphthalenamine with anti-serotoninergic and anti-depressant features. Sertraline seems to preferably prevent the neuronal uptake of serotonin, increasing serotonin levels in the CNS. Sertraline hydrochloride capsules are utilized to cure main depressive diseases, OCD, panic diseases, SAD, and post-traumatic stress disease.

The global sertraline HCl market is expected to be evaluated at US$ 1,385.9 million in 2022 and is anticipated to show a CAGR of 7.1% over the predicted duration (2022-2030).

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Global Sertraline HCl Market: Drivers

Rise in the cases of mental diseases is anticipated to fuel the global sertraline HCl market growth during the predicted duration. For example, as per data reported by NIMH in January 2022, around 21.0 million elders in the U.S. had at least one severe depressive disorder in 2020. This number indicated 8.4% of all the U.S. elders in 2020.

Rising product approvals for sertraline HCl which is anticipated to propel the global sertraline HCl market growth over the predicted duration. For example, in November 2021, Camber Pharmaceuticals, declared that it had included sertraline hydrochloride capsules to their present portfolio.  Zoloft is an sedative that belongs to a class of medicines known as SSRIs, Zoloft is utilized to cure few kinds of PMDD, SAD, OCD, PD, and PTSD.

Impact of Coronavirus

The distribution of raw materials needed for the manufacture of pharma has been seriously interrupted owing to the enforcing quarantine and shortage of labor through the COVID-19 epidemic. As the connection between regional warehouses is not even, conveyance of raw materials in regions can’t be carried out effectively. This lack of raw materials and compounds has adversely impacted the supply chain of the global intraocular melanoma treatment market. Hence, COVID-19 epidemic is anticipated to have adverse effect on supply chain of intraocular melanoma treatment market. As per an article reported by the EERCSP journal in June 2021, a REPORT was carried out to calculate the effect of COVID-19 on pharma systems and supply chain in resource-limited economies in Sub-Saharan regions such as Namibia. This report revealed adverse effect on accessibility and availability of particular medicines, sanitation and hygiene goods, and antimicrobials. Many pharma organizations and pharmacies in Namibia faced interruption in production and supply of medicines, which is due to to decreased inter-country transportation of pharma goods and incomplete in-country capacity to produce medicines. For example, as per a review article reported by the EPRJ in November 2020, COVID-19 pandemic has led to main challenges in order to lack of medicines and enhanced production costs globally. Furthermore, the similar source advised that COVID-19 pandemic has also caused difficulties such as stockpiling medicines, conveyance interruption, and others. Few measures that can be taken to comfort the supply of pharma through the pandemic comprise next generation machineries such as digital network platforms made to work through several pharma enterprises and guarantee the timely distribution of medicines to patients globally.

Global Sertraline HCl Market: Restraint

The main reason that impedes growth of the global sertraline HCl market are product evokes. For example, in January 2018, Pfizer Inc., is evoking 30-count bottles of 25-mg Zoloft capsules, as per the January 10, 2018, U.S. FDA Enforcement report. The organization cited weight differences in the capsules that have led to superpotent and subpotent mediciness.

Global Sertraline HCl Market: Key Players

Major players involved in the Sertraline HCl market are InvaGen, Aurobindo Pharma USA, Camber Pharmaceuticals, Pfizer Inc., Wockhardt,  Teva Pharmaceutical Industries Ltd., Lupin, Novartis AG, Accord Biopharma, Apotex Inc., Mylan N.V. (a Part of Viatris Inc.), Sun Pharmaceutical, Alpic Biotech

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Sertraline HCl Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Sertraline HCl Industry Impact

Chapter 2 Global Sertraline HCl Competition by Types, Applications, and Top Regions and Countries
2.1 Global Sertraline HCl (Volume and Value) by Type
2.3 Global Sertraline HCl (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Sertraline HCl Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Sertraline HCl Market Analysis
Chapter 6 East Asia Sertraline HCl Market Analysis
Chapter 7 Europe Sertraline HCl Market Analysis
Chapter 8 South Asia Sertraline HCl Market Analysis
Chapter 9 Southeast Asia Sertraline HCl Market Analysis
Chapter 10 Middle East Sertraline HCl Market Analysis
Chapter 11 Africa Sertraline HCl Market Analysis
Chapter 12 Oceania Sertraline HCl Market Analysis
Chapter 13 South America Sertraline HCl Market Analysis
Chapter 14 Company Profiles and Key Figures in Sertraline HCl Business
Chapter 15 Global Sertraline HCl Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology