Prevalence of Covid-19 to Widen Scope of Growth for Hydroxychloroquine Sulfate Market

The global hydroxychloroquine sulfate market is likely to observe growth due to the increased prevalence of diseases like rheumatoid arthritis and its potential in the treatment of global pandemic, Covid-19. However, it has not been approved by FDA and it has been listed by world health organization (WHO) as a drug that is under investigation for its effectiveness against SARS-CoV-2.

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Hydroxychloroquine refers to a quinoline medicine that is utilized in the prevention or treatment of malaria. Malaria is a disease that is caused by parasites carried by mosquitoes and it enters the human body through mosquito bite. Mosquitoes are quite common in regions across Southern parts of Asia, Latin America and Africa. However, hydroxychloroquine is not very effective against all the available strains of malaria. Recently this medicine has made headlines across the globe due to its emergence as a potential drug for the treatment of Covid-19, a pandemic currently wreaking havoc worldwide. The global hydroxychloroquine sulfate market gathers momentum as Covid-19 infects more people every day and the number of fatalities due to the disease rises each day.

Increased Prevalence of Rheumatoid Arthritis to Push Sales of the Medicine

The global hydroxychloroquine sulfate market is anticipated to observe considerable growth over the tenure of assessment due to expansion of the geriatric population. This segment of the human population is vulnerable toward rheumatoid arthritis. The high effectiveness of this medicine in improving the symptoms of arthritis and relieving joint pains is likely to work in favour of the global hydroxychloroquine sulfate market over the tenure of assessment.

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These medicines are easily digestible and are extremely compatible with tablet and powder solutions, which is likely to work in favour of the global hydroxychloroquine sulfate market in the near future. In addition, favourable policies by governments across the globe to boost the sales of these tablets are likely to drive its demand in the forthcoming years.

Author: Rohit Bhisey

As Head of Marketing at TMR Research, Rohit brings to the table over a decade of experience in market research and Internet marketing. His dedication, perseverance, and passion for perfection have enabled him to achieve immense success in his field. Rohit is an expert at formulating new business plans and strategies to help boost web traffic. His interests lie in writing news articles on technology,healthcare and business.

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