Propyl thiouracil is used in the treatment of overactive thyroid also called as hyperthyroidism. It acts by inhibiting the thyroid gland from producing excess thyroid hormone. However, this medication is not usually prescribed for use in children. The key factors that drive the market growth are rise in the cases of people suffering from thyroid hormone imbalances and increase in medical tourism.

In addition, rise in disposable income and advanced healthcare infrastructure also fuel the market growth. However, interaction with warfarin and side effects such as headache along with nausea restraints the market growth. Research and developments in the field of propyl thiouracil to exploit its full potential will prove as a future opportunity in the market growth.

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The report segments the market on the basis of mechanism of action and region. Based on mechanism of action, the market is segmented into thyroperoxidase inhibitor and 5- deiodinase inhibitor. Regionally, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Major Key Players:

Shanghai Worldyang Chemical Co., Limited, Yc Biotech (Jiangsu) Co., Ltd, Xi'an Prius Biological Engineering Co., Ltd., Wuhan Vanz Pharm Inc., Jiangsu Cidic Import & Export Co., Ltd., Hangzhou Royall Import & Export Co., Ltd, Hefei Joye Import & Export Co., Ltd., Shaanxi TOP Pharm Chemical Co., Ltd., Baoji Guokang Bio-Technology Co., Ltd. and Lubon Industry Co., Ltd.

Key Benefits

The study provides an in-depth analysis of the global propyl thiouracil market along with the current trends and future estimations to elucidate the imminent investment pockets.
Comprehensive quantitative analysis of the industry is provided for the period of 20162023 to assists stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the key segments of the industry helps in understanding the trends in types of propyl thiouracil across the globe.
Key market players and their strategies have been provided to understand the competitive outlook of the industry.

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