Vantage Market Research
Aug 22, 2024
According to analysts at Vantage Market Research, the Global Acetylcysteine Market size is worth USD 520.1 Million in 2023 and is projected to reach USD 2723.1 Million by 2032, growing at a CAGR (Compound Annual Growth Rate) of 20.19 % from 2024 to 2032. The increasing demand for effective treatments in managing respiratory conditions and the growing use of acetylcysteine in dietary supplements to promote health are key drivers of the acetylcysteine market.
Market Overview
The Acetylcysteine market is gaining traction due to its significant therapeutic applications, particularly in treating acetaminophen overdoses and various respiratory conditions. This compound functions as a mucolytic agent, effectively reducing the viscosity of thick mucus in the airways, thereby improving respiratory function in patients with chronic ailments such as chronic obstructive pulmonary disease (COPD) and bronchitis. Furthermore, its antioxidant properties are vital in mitigating oxidative stress and inflammation, enhancing patient outcomes across multiple therapeutic scenarios.
Additionally, the rising prevalence of respiratory diseases and increasing healthcare awareness drive demand for Acetylcysteine-based medications. The market is expected to expand in response to ongoing research into its potential therapeutic benefits and applications in other medical fields, including psychiatric disorders. As healthcare systems and practitioners recognize the value of Acetylcysteine in enhancing patient care, its adoption is anticipated to increase significantly, further solidifying its position in the pharmaceutical landscape.
Zambon's CMS I-neb® Receives FDA Breakthrough Therapy Designation
In April 2022, Zambon's CMS I-neb® obtained FDA Breakthrough Therapy Designation for treating Patients with Non-Cystic Fibrosis Bronchiectasis (NCFB). CMS I-neb® is an experimental inhalation medication designed to deliver precise medicine concentrations directly to the affected area while minimizing systemic exposure, thus reducing the risk of toxicity and adverse effects.
Key Takeaways from the Report
- In 2023, North America led the market with the highest revenue share of 37.1%
- Asia Pacific is expected to witness maximum market growth during the forecast period
- The European acetylcysteine market is witnessing notable growth driven by the increasing prevalence of chronic obstructive pulmonary disease (COPD) and cystic fibrosis
- Based on Type, the Tablet segment dominated the market with the largest share globally from 2024 to 2032
- On the basis of the Application, the pharmaceuticals category accounted for about 33.1% of the market share in 2023
- By Application, the dietary supplements segment is expected to register the fastest CAGR of 22.13% from 2024 to 2032
Top Companies
- Zambon Company S.p.A.
- Wuxi Jinghai Amino Acid Co. Ltd.
- Pharma Nord ApS
- Nacalai Tesque Inc.
- Manus Aktteva Biopharma LLP
- Sigma-Aldrich Corporation
- Taizhou Tianhong Biochemistry Technology Co. Ltd.
- Alfa Aesar Acetylcysteine China Inc.
- Zhejiang Kangle Pharmaceutical Co. Ltd.
- Wuhan Wuyao Pharmaceutical Co. Ltd.
- Shijiazhuang Haitian Amino Acid Co. Ltd.
- Jiangsu Gedi Biological Engineering Co. Ltd.
Latest News
Aerin Medical Inc. Launches RhinAer Stylus
- In September 2022, Aerin Medical Inc. launched RhinAer Stylus, an FDA-approved non-invasive radiofrequency solution targeting the root causes of chronic rhinitis, including postnasal drip, runny nose, and nasal congestion. This innovative approach offers patients an effective and minimally invasive treatment option.