The Fixed Dose Combination Drugs Market report by Persistence Market Research takes into consideration the healthcare industry’s transformation concerning services, infrastructure, coupled with support extended from the governments all across. Technological advancements are capable of catering to patients on an urgent basis. As such, both – stress and time could be saved.
Fixed-Dose Combination Drugs refer to the combination of different drugs in a capsule or a tablet. There are mainly two types of fixed-dose combination drugs- rational fixed-dose combination drugs and irrational fixed-dose combination drugs. The rationality of fixed-dose combination drugs should be based on the mechanism of different drugs, in a particular drug combination, pharmacokinetics and the toxicity of the different ingredients in the fixed-dose combination drug.
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Fixed-dose combination drugs are very popular in the Indian pharmaceutical market. Most of the fixed-dose combination drugs, introduced in the Indian pharmaceutical market are irrational drugs. Hence, many drugs have been banned in India because of the occurrence of adverse reactions of different ingredients in the drug.
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Geographically, the global fixed-dose Combination drugs market is segmented into a few key regions viz. North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East & Africa. North America is expected to dominate the global market due to advancements in the field of healthcare and high obese population.
The increasing prevalence of tuberculosis is one of the major factor driving the growth of the fixed-dose combination drugs market. High intake of junk food and the adoption of poor lifestyle habits such as lack of physical activities, lead to a high prevalence of cardiovascular diseases, which is expected to drive the fixed-dose combination drugs market.
Increasing healthcare awareness is another important factor, which can increase the demand of fixed-dose combination drugs. Other factors such as more number of diagnostic laboratories and hospitals, increasing obesity, high disposable income, and increased risk factors, leading to more number of chronic disorders, are expected to increase the growth of fixed-dose combination drugs market.
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There are many issues and challenges associated with fixed-dose combination drugs such as chemical non-compatibility which leads to decreased shelf life, drugs interactions because of having a common metabolic pathway, having different efficacy at different times.
Some of the players identified in the global Fixed-Dose Combination Drugs market are Halo Pharma.
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