Global Carboprost Tromethamine Market Size

Statistics for the 2023 & 2024 Global Carboprost Tromethamine market size, created by Mordor Intelligence™ Industry Reports. Global Carboprost Tromethamine size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Global Carboprost Tromethamine Industry

Carboprost Tromethamine Market Overview
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 3.90 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

rd-img

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Carboprost Tromethamine Market Analysis

The carboprost tromethamine market is projected to register a CAGR of 3.9% during the forecast period (2022 - 2027).

With the increase in COVID-19, there has been an increase in other complications that arise along with the infection. According to the American College of Obstetricians and Gynecologists' COVID-19 FAQs for Obstetrician - Gynecologists, Obstetrics updated in July 2020, carboprost tromethamine is contraindicated in pregnant women with asthma or other respiratory problems because the drug is associated with the occurrence of bronchospasm. The article mentions that although there are no specific data regarding the infection of COVID-19 with the use of carboprost tromethamine, the indications of COVID-19, especially viral pneumonia, can be a concern. As COVID-19 increases the risk of thrombosis due to the hypercoagulable state of pregnancy, the use of carboprost tromethamine should be carefully consulted before administration. An article presented in the journal Anesthesia and Analgesia in March 2020 reported a case of bronchospasm during the treatment of postpartum hemorrhage with carboprost tromethamine. The patient tested positive for COVID-19, which may have affected the treatment of postpartum hemorrhage. With the declining number of COVID cases, the adverse effects of the virus on the treatment of postpartum hemorrhage are expected to decrease, thereby fuelling the market growth over the forecast period.

Postpartum hemorrhage is the leading cause of maternal death worldwide. According to the article in June 2020 on Maternal Morbidity and Mortality from the National Institute of Health's Eunice Kennedy Shriver National Institute of Child Health and Human Development department of the United States Department of Health and Human Services, hemorrhage (also known as bleeding) is one of the leading causes of maternal mortality and morbidity. The number of postpartum cases worldwide is also increasing. According to an article published by the Commonwealth Fund in December 2020, severe postpartum hemorrhage accounts for about 11.1% of maternal mortality in the United States.

Furthermore, an article published on Abortion by the World Health Organization(WHO) in November 2021 confirmed the increasing rate of atonic postpartum hemorrhage in Saudi Arabia. It also reported that around 73.0 million induced abortions would take place worldwide annually. World Health Organization has included comprehensive abortion care in the list of essential health services for 2020. The increasing cases of postpartum hemorrhage and the increase in the number of abortions require appropriate drugs for the treatment and prevention of maternal mortality. Therefore, such an increase is expected to fuel the growth of the carboprost tromethamine market over the forecast period.

Carboprost Tromethamine Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)