Montelukast Sodium Tablets Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 9.2% from 2026 to 2033, reaching USD 2.5 Billion by 2033.
The global Montelukast Sodium Tablets market was valued at approximately USD 7.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.1% from 2023 to 2030. The increasing prevalence of respiratory diseases such as asthma and allergic rhinitis, alongside growing awareness about the benefits of Montelukast in managing these conditions, are driving the demand for these tablets worldwide. North America holds the largest market share, accounting for around 35% of the global market in 2022, followed by Europe and Asia Pacific, which exhibit robust growth prospects due to rising healthcare access and patient awareness in these regions.
In terms of regional market performance, North America continues to lead the Montelukast Sodium Tablets market, with an estimated market value of over USD 2.6 billion in 2022, driven by high demand in the U.S. and Canada. The European market also remains significant, valued at approximately USD 1.8 billion in 2022, while the Asia Pacific region is expected to register the highest growth rate during the forecast period, with a projected CAGR of 5.2%. Emerging markets in Latin America and the Middle East & Africa are also witnessing increased demand, though at a slower pace. Overall, these regional dynamics present substantial growth opportunities, particularly in Asia Pacific due to the expanding healthcare infrastructure and rising awareness of Montelukast’s therapeutic benefits.
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Disha
Green Pine
Lunan
Tianyu Pharmaceutical
Otsuka Pharmaceutical
Unimark Remedies
Hanmi Fine Chemical
Qilu Pharmaceutical
Apocalypse Pharma
Amicogen
Hyey
Chem Partner
sinopharm
Curivo
Divine Savior
MSD
Pfizer
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Montelukast Sodium Tablets Market
Allergic Rhinitis
Asthma
Exercise-Induced Bronchoconstriction
Seasonal Allergies
Other Respiratory Disorders
Tablets
Granules
Chewable Tablets
Oral Solution
Online Pharmacies
Retail Pharmacies
Hospital Pharmacies
Drug Stores
Supermarkets/Hypermarkets
Pediatric Patients
Adult Patients
Geriatric Patients
Branded Montelukast
Generic Montelukast
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Montelukast Sodium Tablets Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Montelukast Sodium Tablets Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Montelukast Sodium Tablets Market, By Type
6. Global Montelukast Sodium Tablets Market, By Application
7. Global Montelukast Sodium Tablets Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Montelukast Sodium Tablets Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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