Global Pentosan Polysulfate Sodium Market Outlook 2016-2021
Pentosan polysulfate sodium is a semi-synthetically produced heparin-like macromolecular carbohydrate derivative, which chemically and structurally resembles glycosaminoglycans. It is a white odorless powder, slightly hygroscopic and soluble in water to 50% at pH 6. Pentosan polysulphate sodium, known also as pentosan polysulphate or PPS, is an organic medicine which is made of a sugar extractedfrom the bark of beech trees. Pentosan polysulphate safely and effectively supports and enhances the body’s defence and repair systems and the growth of new tissue. pentosan polysulphate sodium has an anticoagulant, fibrinolytic and thrombolytic quality with comparatively limited side effects. Pentosan polysulphate sodium is authorised in various countries worldwide for the treatment of an interstitial cystitis, as a supportive therapy for arterial vascular diseases (Claudicatio Intermittens) and as a veterinary medicinal product for osteoarthritic complaints. Used as a veterinary pharmaceutical, pentosan has proven to be an effective treatment for osteoarthritis. Human clinical studies in Australia and Japan suggest benefit in its use as a treatment for osteoarthritis.
Pentosan Polysulfate Sodium production, which measures output worldwide, was expected to reach 10,031 kg in 2016 with an increase of 7.51% from its year-earlier level. The global pentosan polysulfate sodium market size is estimated to grow from USD 42.34 million in 2011 to USD 54.59 million by 2016, at an estimated CAGR of 5.21% between 2011 and 2016. With regards to this, key players of pentosan polysulfate sodium industry are expected to find potential opportunities in this market.
The global pentosan polysulfate sodium market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global pentosan polysulfate sodium market are Janssen Pharmaceutical, Bene Pharmachem, Cf Pharma, Alembic, Parabolic Drugs, etc.