Transparency Market Research company has released a report detailing the global pediatric drug marketplace. The industry is growing as disease incidence is rising, parents are demanding better drugs, governments are improving regulations and funding new programs, and pharmaceutical companies are investing in this niche market. Readers of the report can learn about the major players in the industry like Actelion, Crucell, and Medeira to name a few. The analysis covers market trends, market segments, and geographical issues.
Pediatric drugs are medicines used in the treatment of diseases in children. Medicines are for conditions like diabetes, asthma, cancer, obesity, and others. The FDA has approved about 100 drugs for pediatric conditions. The federal agency has devoted more resources to pediatric drugs in recent years and interested parties can visit the pediatrics guidance page for details on the agency’s position. Developing drugs for children is more difficult due to ethical issues and creating kid-friendly clinical settings among other issues. To encourage pediatric drug discovery, the FDA has created programs such as market exclusivity for approved drugs.
Pediatric Drug Categories
In the new report from Transparency Market Research, readers can learn more about the pediatric drug market. The report authors categorized pediatric drugs into three segments. The pediatric pharmacy segment includes all drugs indicated for young children. Pediatric pharmacotherapy includes drugs that are indicated for both adults and children, but behave variably in the age groups. Pediatric clinical pharmacology is for medicines that aid physical growth and mental health.
Pediatric Report Contents
The contents of the report cover the pediatric drug market environment, both the current conditions and projections for the coming years. Readers are privy to the forces driving growth and the factors inhibiting growth. Included is an analysis of the impact of technology, including important recent developments. An analysis of the supply chain is useful for industry leaders and those new entrants interested in the industry. Certain geographies are prominent in the analysis and include North America, Asia Pacific, and Europe.
About Transparency Market Research
Transparency Market Research (TMR) is a market intelligence company. It provides consulting services and business research reports. The company produces other life sciences reports like “Osteoporosis Drug Market- Global And China Market Analysis, Size, Trends” and “Asthma and COPD Drug Market - Global Industry Analysis, Market Size, Share, Trends, Growth and Forecasts 2010 – 2017.”