Metformin Hydrochloride Market Size, Share, Growth, Forecast 2030

Metformin Hydrochloride Market

Metformin Hydrochloride Market By Application (Extended Release, Immediate Release, Combination Medicines, and Oral Solutions), By Distribution Channel (Retail Pharmacy, Hospital Pharmacy, and Online Pharmacy), By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 - 2030

Category: Pharmaceutical Report Format : PDF Pages: 204 Report Code: ZMR-7509 Published Date: Sep-2023 Status : Published
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 268.95 Million USD 386.91 Million 4.7% 2022

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Metformin Hydrochloride Market, (2023 - 2030) ( USD Million)
    • 2.2 Global Metformin Hydrochloride Market : snapshot
  • Chapter 3. Global Metformin Hydrochloride Market - Industry Analysis
    • 3.1 Metformin Hydrochloride Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Rising number of patients with type 2 diabetes to drive market growth
    • 3.3 Market Restraints
      • 3.3.1. Side effects associated with the medicine to restrict market growth
    • 3.4 Market Opportunities
      • 3.4.1. Increasing research and innovation surrounding metformin HCL to provide growth opportunities
    • 3.5 Market Challenges
      • 3.5.1. Surging cost of healthcare and inaccessibility to medicine may challenge further expansion
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Application
      • 3.7.2 Market attractiveness analysis By Distribution Channel
  • Chapter 4. Global Metformin Hydrochloride Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Metformin Hydrochloride Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Metformin Hydrochloride Market - Application Analysis
    • 5.1 Global Metformin Hydrochloride Market overview: By Application
      • 5.1.1 Global Metformin Hydrochloride Market share, By Application, 2022 and 2030
    • 5.2 Extended Release
      • 5.2.1 Global Metformin Hydrochloride Market by Extended Release, 2023 - 2030 ( USD Million)
    • 5.3 Immediate Release
      • 5.3.1 Global Metformin Hydrochloride Market by Immediate Release, 2023 - 2030 ( USD Million)
    • 5.4 Combination Medicines
      • 5.4.1 Global Metformin Hydrochloride Market by Combination Medicines, 2023 - 2030 ( USD Million)
    • 5.5 Oral Solutions
      • 5.5.1 Global Metformin Hydrochloride Market by Oral Solutions, 2023 - 2030 ( USD Million)
  • Chapter 6. Global Metformin Hydrochloride Market - Distribution Channel Analysis
    • 6.1 Global Metformin Hydrochloride Market overview: By Distribution Channel
      • 6.1.1 Global Metformin Hydrochloride Market share, By Distribution Channel, 2022 and 2030
    • 6.2 Retail Pharmacy
      • 6.2.1 Global Metformin Hydrochloride Market by Retail Pharmacy, 2023 - 2030 ( USD Million)
    • 6.3 Hospital Pharmacy
      • 6.3.1 Global Metformin Hydrochloride Market by Hospital Pharmacy, 2023 - 2030 ( USD Million)
    • 6.4 Online Pharmacy
      • 6.4.1 Global Metformin Hydrochloride Market by Online Pharmacy, 2023 - 2030 ( USD Million)
  • Chapter 7. Metformin Hydrochloride Market - Regional Analysis
    • 7.1 Global Metformin Hydrochloride Market Regional Overview
    • 7.2 Global Metformin Hydrochloride Market Share, by Region, 2022 & 2030 ( USD Million)
    • 7.3. North America
      • 7.3.1 North America Metformin Hydrochloride Market, 2023 - 2030 ( USD Million)
        • 7.3.1.1 North America Metformin Hydrochloride Market, by Country, 2023 - 2030 ( USD Million)
    • 7.4 North America Metformin Hydrochloride Market, by Application, 2023 - 2030
      • 7.4.1 North America Metformin Hydrochloride Market, by Application, 2023 - 2030 ( USD Million)
    • 7.5 North America Metformin Hydrochloride Market, by Distribution Channel, 2023 - 2030
      • 7.5.1 North America Metformin Hydrochloride Market, by Distribution Channel, 2023 - 2030 ( USD Million)
    • 7.4. Europe
      • 7.4.2 Europe Metformin Hydrochloride Market, 2023 - 2030 ( USD Million)
        • 7.4.2.1 Europe Metformin Hydrochloride Market, by Country, 2023 - 2030 ( USD Million)
    • 7.4 Europe Metformin Hydrochloride Market, by Application, 2023 - 2030
      • 7.4.1 Europe Metformin Hydrochloride Market, by Application, 2023 - 2030 ( USD Million)
    • 7.5 Europe Metformin Hydrochloride Market, by Distribution Channel, 2023 - 2030
      • 7.5.1 Europe Metformin Hydrochloride Market, by Distribution Channel, 2023 - 2030 ( USD Million)
    • 7.5. Asia Pacific
      • 7.5.3 Asia Pacific Metformin Hydrochloride Market, 2023 - 2030 ( USD Million)
        • 7.5.3.1 Asia Pacific Metformin Hydrochloride Market, by Country, 2023 - 2030 ( USD Million)
    • 7.4 Asia Pacific Metformin Hydrochloride Market, by Application, 2023 - 2030
      • 7.4.1 Asia Pacific Metformin Hydrochloride Market, by Application, 2023 - 2030 ( USD Million)
    • 7.5 Asia Pacific Metformin Hydrochloride Market, by Distribution Channel, 2023 - 2030
      • 7.5.1 Asia Pacific Metformin Hydrochloride Market, by Distribution Channel, 2023 - 2030 ( USD Million)
    • 7.6. Latin America
      • 7.6.4 Latin America Metformin Hydrochloride Market, 2023 - 2030 ( USD Million)
        • 7.6.4.1 Latin America Metformin Hydrochloride Market, by Country, 2023 - 2030 ( USD Million)
    • 7.4 Latin America Metformin Hydrochloride Market, by Application, 2023 - 2030
      • 7.4.1 Latin America Metformin Hydrochloride Market, by Application, 2023 - 2030 ( USD Million)
    • 7.5 Latin America Metformin Hydrochloride Market, by Distribution Channel, 2023 - 2030
      • 7.5.1 Latin America Metformin Hydrochloride Market, by Distribution Channel, 2023 - 2030 ( USD Million)
    • 7.7. The Middle-East and Africa
      • 7.7.5 The Middle-East and Africa Metformin Hydrochloride Market, 2023 - 2030 ( USD Million)
        • 7.7.5.1 The Middle-East and Africa Metformin Hydrochloride Market, by Country, 2023 - 2030 ( USD Million)
    • 7.4 The Middle-East and Africa Metformin Hydrochloride Market, by Application, 2023 - 2030
      • 7.4.1 The Middle-East and Africa Metformin Hydrochloride Market, by Application, 2023 - 2030 ( USD Million)
    • 7.5 The Middle-East and Africa Metformin Hydrochloride Market, by Distribution Channel, 2023 - 2030
      • 7.5.1 The Middle-East and Africa Metformin Hydrochloride Market, by Distribution Channel, 2023 - 2030 ( USD Million)
  • Chapter 8. Company Profiles
    • 8.1 Shouguang Fukang Pharmaceutical
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 CR Double-Crane
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Wanbury
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Keyuan Pharmaceutical
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Aarti Drugs
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Farmhispania Group
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 Harman Finochem
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 Exemed Pharmaceuticals
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 Vistin Pharma
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Shijiazhuang Polee Pharmaceutical
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 USV.
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments
    • 8.12 and others.
      • 8.12.1 Overview
      • 8.12.2 Financials
      • 8.12.3 Product Portfolio
      • 8.12.4 Business Strategy
      • 8.12.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Metformin Hydrochloride Market, 2023 - 2030 ( USD Million)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Metformin Hydrochloride Market attractiveness, By Application
  • 6. Global Metformin Hydrochloride Market attractiveness, By Distribution Channel
  • 7. Global Metformin Hydrochloride Market share by Application, 2023 and 2030 ( USD Million)
  • 8. Global Metformin Hydrochloride Market by Extended Release, 2023 - 2030 ( USD Million)
  • 9. Global Metformin Hydrochloride Market by Immediate Release, 2023 - 2030 ( USD Million)
  • 10. Global Metformin Hydrochloride Market by Combination Medicines, 2023 - 2030 ( USD Million)
  • 11. Global Metformin Hydrochloride Market by Oral Solutions, 2023 - 2030 ( USD Million)
  • 12. Global Metformin Hydrochloride Market share by Distribution Channel, 2023 and 2030 ( USD Million)
  • 13. Global Metformin Hydrochloride Market by Retail Pharmacy, 2023 - 2030 ( USD Million)
  • 14. Global Metformin Hydrochloride Market by Hospital Pharmacy, 2023 - 2030 ( USD Million)
  • 15. Global Metformin Hydrochloride Market by Online Pharmacy, 2023 - 2030 ( USD Million)
  • 16. Global Metformin Hydrochloride Market share, by Region, 2023 and 2030
  • 17. North America Metformin Hydrochloride Market, 2023 - 2030 ( USD Million)
  • 18. Europe Metformin Hydrochloride Market, 2023 - 2030 ( USD Million)
  • 19. Asia Pacific Metformin Hydrochloride Market, 2023 - 2030 ( USD Million)
  • 20. Latin America Metformin Hydrochloride Market, 2023 - 2030 ( USD Million)
  • 21. The Middle-East and Africa Metformin Hydrochloride Market, 2023 - 2030 ( USD Million)

Table Of Tables

  • 1. Global Metformin Hydrochloride Market: Snapshot
  • 2. Drivers of the Metformin Hydrochloride Market: impact analysis
  • 3. North America Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 4. North America Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 5. U.S. Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 6. U.S. Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 7. Canada Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 8. Canada Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 9. Europe Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 10. Europe Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 11. Germany Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 12. Germany Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 13. France Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 14. France Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 15. U.K. Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 16. U.K. Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 17. Italy Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 18. Italy Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 19. Spain Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 20. Spain Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 21. Rest of Europe Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 22. Rest of Europe Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 23. Asia Pacific Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 24. Asia Pacific Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 25. China Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 26. China Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 27. Japan Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 28. Japan Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 29. India Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 30. India Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 31. South Korea Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 32. South Korea Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 33. South-East Asia Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 34. South-East Asia Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 35. Rest of Asia Pacific Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 36. Rest of Asia Pacific Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 37. Latin America Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 38. Latin America Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 39. Brazil Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 40. Brazil Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 41. Mexico Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 42. Mexico Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 43. Rest of Latin America Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 44. Rest of Latin America Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 45. The Middle-East and Africa Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 46. The Middle-East and Africa Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 47. GCC Countries Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 48. GCC Countries Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 49. South Africa Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 50. South Africa Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)
  • 51. Rest of Middle-East Africa Metformin Hydrochloride Market revenue, By Application, 2023 - 2030 ( USD Million)
  • 52. Rest of Middle-East Africa Metformin Hydrochloride Market revenue, By Distribution Channel, 2023 - 2030 ( USD Million)

Methodology

FrequentlyAsked Questions

The chemical compound form of metformin is metformin hydrochloride which is used to control high blood sugar in patients with type 2 diabetes.

The global Metformin hydrochloride market is projected to grow owing to the growing number of people living with type 2 diabetes.

According to study, the global metformin hydrochloride market size was worth around USD 268.95 million in 2022 and is predicted to grow to around USD 386.91 million by 2030.

The CAGR value of the metformin hydrochloride market is expected to be around 4.7% during 2023-2030.

The global metformin hydrochloride market is expected to be led by Asia-Pacific during the forecast period.

The global metformin hydrochloride market is led by players like Shouguang Fukang Pharmaceutical, CR Double-Crane, Wanbury, Keyuan Pharmaceutical, Aarti Drugs, Farmhispania Group, Harman Finochem, Exemed Pharmaceuticals, Vistin Pharma, Shijiazhuang Polee Pharmaceutical, and USV.

The global metformin hydrochloride market explores crucial aspects of the metformin hydrochloride market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the metformin hydrochloride market.

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List of Contents

Metformin HydrochlorideIndustry Prospective:OverviewKey Insights:Growth DriversRestraintsOpportunitiesChallengesSegmentationReport ScopeRegional AnalysisCompetitive AnalysisThe global metformin hydrochloride market is segmented as follows:By Region

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