Global Sustained Release Coating Market – Regional Analysis
On the basis of region, the global sustained release coating market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Among regions, North America is expected to hold a dominant position during forecast period, owing to increasing number of inorganic growth strategies such as distribution agreement by market key players. For instance, in October 2018, Lannett Company, Inc., a manufacturer and distributor of generic products, announced that it entered into an agreement with Adare Pharmaceuticals, Inc., a pharmaceutical company, to be the exclusive U.S. distributor of Dexmethylphenidate Hydrochloride Extended Release (ER) Capsules USP (CII), 5 mg, 10 mg, 15 mg, 20 mg, 25 mg, 30 mg, 35 mg, and 40 mg.
Figure 2: Global Sustained Release Coating Market (US$ Mn), by Region, 2021
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