The formulation of tablets with sustained-release coating ensures that both the drug’s release and absorption occur gradually. Due to the lower peak blood level, there would be less chance of unpleasant effects such nausea, vomiting, and gastrointestinal blockage. Tablets in sustained-release form can be used once day in one large dose. Alprazolam, bupropion, clomipramine, quetiapine, and other medications with regulated releases are among those whose formulations use the generic term “sustained release,” or “SR,” to characterise it. When compared to immediate-release coating tablets, sustained-release coating tablets keep the drug’s blood levels in the body consistent and lower the high blood levels.
To Get More Business Strategies Sample Copy of Report @ https://www.coherentmarketinsights.com/insight/request-sample/4986
Impact
Over the course of the projected period, the COVID-19 pandemic is anticipated to propel market expansion for sustained release coatings worldwide. During the epidemic, the demand for coating tablets considerably increased. Governments and pharmaceutical and biotech companies from all over the world have been working nonstop to stop the COVID-19 pandemic. It therefore enhanced tablet coating production and demand. The growing demand for pharmaceuticals that are often used to treat COVID-19 infection has contributed to significant opportunities for drug manufacturers because many wealthy nations are experiencing a scarcity of these treatments.
Over the course of the projection period, a rising number of product approvals from regulatory authorities is anticipated to fuel market expansion for sustained release coatings. The pharmaceutical business Zydus Cadila stated on August 13, 2021 that the U.S. FDA has given its final permission for it to commercialise 0.375 g of strength Mesalamine Extended-Release Capsules. Adults with ulcerative colitis are advised to take Mesalamine Extended-Release pills to keep their condition under control.
The market for sustained release coatings is anticipated to reach US$ 508 2 million in 2021 and grow at a 6.6% CAGR during the forecast period (2021-2028).
The market for sustained release coatings is anticipated to increase as more industry participants debut new products.
The market’s growth is anticipated to be driven by organic growth tactics utilised by participants in the industry, such as new releases. For instance, the pharmaceutical manufacturer Lupin Limited. announced the release of Zileuton Extended-Release Tablets, 600 mg, for the treatment of persistent asthma in adults, in August 2020.
Over the course of the projection period, a rising number of product approvals from regulatory authorities is anticipated to fuel market expansion for sustained release coatings.
Inquire More Or Share Questions If Any Before The Purchase On This Report @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/4986
Increasing regulatory authority approvals are predicted to fuel the growth of the sustained release coatings market globally during the course of the forecast year. For instance, Astellas Pharma Inc. declared on March 26, 2021 that the FDA had approved Myrbetriq (mirabegron for extended-release oral suspension) and Myrbetriq Granules (mirabegron for extended-release tablets), which were indicated for the treatment of NDO in paediatric patients three years of age and older.
Market Restraints
Over the course of the forecast period, a growing number of product recalls is anticipated to restrain the growth of the worldwide sustained release coating market. For instance, the pharmaceutical firm Viona Pharmaceuticals Inc. announced the recall of 23 lots of Metformin Hydrochloride Extended-Release Tablets, USP 750 mg on December 28, 2021. For sale in the United States by Viona Pharmaceuticals Inc., this medicine was made in Ahmedabad, India, by the pharmaceutical business Cadila Healthcare Limited.
Regional Analysis
Africa, North America, Latin America, the Middle East, Europe, and Asia Pacific are the regions that make up the sustained release coatings market.
It is anticipated that North America will maintain its dominant position over the projection period while other regions will use more inorganic development strategies, such as distribution partnerships with important market participants. Lannett Company, Inc. was the exclusive distributor of Dexmethylphenidate Hydrochloride Extended Release (ER) Capsules according to a contract made public by the pharmaceutical company Adare Pharmaceuticals, Inc. in October 2018.
Competitive Landscape
Panacea Biotec, Evonik, Merck KGaA, BASF SE, JRS PHARMA, Colorcon, Spraycel Coatings, Coating Place, Inc., Ashland, Panchsheel Organics Ltd., G.M. Chemie Pvt. Ltd., and Eastman Chemical Company, are significant market participants in the sustained release coating industry.
Purchase This Premium Report With Flat USD 2000 OFF @ https://www.coherentmarketinsights.com/promo/buynow/4986
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Polymer Material Type
- Market Snippet, By Substrate
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Recent Product Launches/Approvals
- Acquisition and Collaboration Scenario
- Regulatory Scenario
- PEST Analysis
- Global Sustained Release Coatings Market – Impact of Coronavirus (Covid-19) Pandemic
- COVID-19 Epidemiology
- Impact of COVID-19 on Healthcare sector
- Government Initiative
- Global Sustained Release Coatings Market, By Polymer Material Type, 2017 – 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Polyvinyl & Cellulose Acetate
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Ethyl & Methyl Cellulose
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Methacrylic Acid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Polyethylene Glycol
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Introduction
- Global Sustained Release Coatings Market, By Substrate, 2017 – 2028 (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Tablets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Ibuprofen
- Naproxen Sodium
- Capsules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Pills
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Introduction
- Global Sustained Release Coatings Market, By Application, 2017 – 2028, (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- In Vitro
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- In Vivo
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Introduction
View Press Release: https://www.coherentmarketinsights.com/press-release/sustained-release-coating-market-4262
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Contact Us:
Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
Phone: U.S.: +1-206-701-6702
U.K.: +44-020-8133-4027
JAPAN: +81-50-5539-1737
INDIA: +91-848-285-0837