Global Oxytocic Pharmaceuticals Market- Regional Analysis
Among regions, North America is estimated to hold a dominant position in the global oxytocic pharmaceuticals market over the forecast period due to increasing number of preterm births, fertility rates, and increasing healthcare expenditure. North America is estimated to hold 47.5% of the market share in 2023. For instance, according to the Centers for Disease Control and Prevention (CDC), “Births: Provisional Data for 2021” report, the number of births in the United States and the general fertility rate increased for the first time in seven years in 2021. The report shows a 1% increase in births from 2020, with 3,659,289 births recorded in 2021. As per the same source, the preterm birth rate rose 4% in 2021 to 10.48%, from 10.09% in 2020.
Oxytocic Pharmaceuticals Market Report Snapshots
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients