Minoxidil Market 2019-2024
Minoxidil is an antihypertensive vasodilator medication. It also slows hair loss and promotes hair regrowth in some people. It is available as a generic medication and over the counter for the treatment of androgenic alopecia, a form of hair loss, in men and women. This report studies the minoxidil in hair loss market.
The global average price of Minoxidil is in the decreasing trend, from 10.97 USD/Unit in 2012 to 10.90 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Minoxidil includes 2% Minoxidil and 5% Minoxidil, and the proportion of 5% Minoxidil in 2016 is about 70%.
Minoxidil is widely used for males and females. The most proportion of Minoxidil is used for males, and the proportion in 2016 is 71%.
USA is the largest consumption place, with a consumption market share nearly 41% in 2016. Following USA, Europe is the second largest consumption place with the consumption market share of 24%.
Market competition is not intense. J&J, Taisho Pharma, Costco Wholesale, Wal-Mart, P&G, etc. are the leaders of the industry, with high-end customers; have been formed in the monopoly position in the industry.
According to this study, over the next five years the Minoxidil market will register a 4.7% CAGR in terms of revenue, the global market size will reach US$ 1130 million by 2024, from US$ 860 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Minoxidil business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Minoxidil market by product type, application, key manufacturers and key regions and countries.
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This study considers the Minoxidil value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3.
Zhejiang Wansheng Pharma
Sichuan Medco Huakang Pharma
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Minoxidil consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Minoxidil market by identifying its various subsegments.
Focuses on the key global Minoxidil manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Minoxidil with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Minoxidil submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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