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Escalating worries regarding maternity care is expected to drive market expansion in the near future at a CAGR of 9.20% during the forecast period 2023 to 2032.

Market Research Future (MRFR) has published on the “Global Oxytocin Market”.


The oxytocin market is estimated to register a CAGR of 9.20% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global oxytocin market - Pfizer Inc., Fresenius Kabi LLC, Endo International plc. (Par Sterile Products, LLC), Wockhardt Ltd., Novartis AG, Ferring B.V., Hikma Pharmaceuticals PLC, Mylan N.V., Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., and Yuhan Corporation


Oxytocin Market Highlights


The global oxytocin market is accounted to register a CAGR of 9.20% during the forecast period and is estimated to reach USD 0.178 billion by 2032.


The increasing use of oxytocin in medical settings is expected to propel the oxytocin market's growth in the upcoming years. The market is seeing an increase in oxytocin demand because of its efficiency in treating a range of mental health conditions, minimizing postpartum hemorrhage, and inducing delivery. Furthermore, new opportunities for market expansion are being opened up by the growing uses of oxytocin in veterinary medicine.


Explore In-depth Details: Oxytocin Market Analysis Report


Segment Analysis


The global oxytocin market has been segmented into product and distribution channel.


On the basis of product, the market is segmented into Antepartum and Postpartum. The postpartum segment was attributed to holding the largest market share in 2022. Postpartum oxytocin products are becoming more and more accepted globally as a way to lower mother mortality since research has shown that they can lessen postpartum bleeding.


Based on distribution channel, the global oxytocin market has been segmented into Hospital Pharmacies, Retail Pharmacies, Drug Stores, and Online Pharmacies. The hospital pharmacies segment was expected to hold the largest market share in 2022. Hospitals are where the majority of oxytocin-related treatments are administered. Hospital networks are an important type of Distribution Channels because they boost the market for Oxytocin by giving consumers more purchasing power.


Regional Analysis


The global oxytocin market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe oxytocin market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The oxytocin market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World oxytocin market comprises of Middle East, Africa, and Latin America.


The largest market share for oxytocin was maintained by the North American regional sector. The primary drivers of this market's growth are the increase in national spending on personal care products and the growing awareness of pregnancy products. The success of programs meant to promote public knowledge about pregnancy has resulted in the emergence of maternal and child health as a significant part of the American healthcare system.


Moreover, the Europe market has been persistently growing over the forecast period. Because big industry companies like Novartis have a considerable research impact on the entire market structure, Germany is expected to be a profitable hub for oxytocin product research, development, and manufacture in the European Union throughout the projected period.


Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period due to factors like rising disposable incomes in developing economies like China and India, an increase in well-established distribution channels, and enhanced awareness of oxytocin products through aggressive marketing campaigns by major players.


Furthermore, the rest of the world's oxytocin market is divided into the Middle East, Africa, and Latin America. With an advanced healthcare system and a high level of awareness regarding pregnancy and delivery issues, the rest of the world is expected to hold a substantial market share. Increased access to healthcare facilities for expectant mothers is another factor expected to contribute to its expansion.


Key Findings of the Study



  • The global oxytocin market is expected to reach USD 0.178 billion by 2032, at a CAGR of 9.20% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market due to factors like rising disposable incomes in developing economies like China and India.

  • Based on product, the postpartum segment was attributed to holding the largest market in 2022, with an approximate market share of 65%.

  • Pfizer Inc., Fresenius Kabi LLC, Endo International plc. (Par Sterile Products, LLC), Wockhardt Ltd., Novartis AG, Ferring B.V., Hikma Pharmaceuticals PLC, Mylan N.V., Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., and Yuhan Corporation

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Companies Covered 15
Pages 128
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