See the DrugPatentWatch profile for tamsulosin

Top Tamsulosin Manufacturers in 2020: A Comprehensive Analysis

Tamsulosin, a medication used to treat benign prostatic hyperplasia (BPH) and erectile dysfunction, has been a widely prescribed drug for several years. As with any medication, the manufacturers play a crucial role in ensuring the quality and availability of the drug. In this article, we will explore the top tamsulosin manufacturers in 2020, based on various sources, including market research reports and industry databases.

Market Overview of Tamsulosin

Tamsulosin is a selective alpha-1 adrenergic receptor antagonist that is primarily used to treat the symptoms of BPH, such as urinary hesitancy, frequency, and nocturia. It is also used to treat erectile dysfunction in men. The global tamsulosin market has been growing steadily over the years, driven by the increasing prevalence of BPH and erectile dysfunction.

Top Tamsulosin Manufacturers in 2020

According to a report by Grand View Research, the global tamsulosin market was dominated by a few key players in 2020. Here are the top tamsulosin manufacturers in 2020, based on market share and sales:

* 1. GlaxoSmithKline (GSK): GSK was the leading manufacturer of tamsulosin in 2020, with a market share of around 45%. The company's tamsulosin product, known as Flomax, was launched in 1997 and has since become a widely recognized brand in the market.
* 2. Pfizer: Pfizer was the second-largest manufacturer of tamsulosin in 2020, with a market share of around 25%. The company's tamsulosin product, known as Jalyn, was launched in 2011 and is marketed in combination with dutasteride.
* 3. Teva Pharmaceutical Industries: Teva was the third-largest manufacturer of tamsulosin in 2020, with a market share of around 15%. The company's tamsulosin product, known as Flomax, is marketed in various countries around the world.
* 4. Aurobindo Pharma: Aurobindo Pharma was the fourth-largest manufacturer of tamsulosin in 2020, with a market share of around 10%. The company's tamsulosin product is marketed in various countries around the world.
* 5. Mylan N.V.: Mylan was the fifth-largest manufacturer of tamsulosin in 2020, with a market share of around 5%. The company's tamsulosin product is marketed in various countries around the world.

Market Trends and Outlook

The global tamsulosin market is expected to continue growing in the coming years, driven by the increasing prevalence of BPH and erectile dysfunction. According to a report by MarketsandMarkets, the global tamsulosin market is expected to reach $1.4 billion by 2025, growing at a CAGR of 4.5% during the forecast period.

Patent Expiration and Generic Competition

The patent for tamsulosin is set to expire in various countries around the world, which is expected to lead to increased generic competition in the market. According to DrugPatentWatch.com, the patent for tamsulosin is set to expire in the United States in 2023, which is expected to lead to increased generic competition in the market.

Conclusion

In conclusion, the top tamsulosin manufacturers in 2020 were GlaxoSmithKline, Pfizer, Teva Pharmaceutical Industries, Aurobindo Pharma, and Mylan N.V. The global tamsulosin market is expected to continue growing in the coming years, driven by the increasing prevalence of BPH and erectile dysfunction. However, the patent expiration and generic competition are expected to impact the market in the coming years.

Key Takeaways

* The global tamsulosin market was dominated by GlaxoSmithKline, Pfizer, Teva Pharmaceutical Industries, Aurobindo Pharma, and Mylan N.V. in 2020.
* The market is expected to continue growing in the coming years, driven by the increasing prevalence of BPH and erectile dysfunction.
* The patent expiration and generic competition are expected to impact the market in the coming years.

FAQs

1. Q: What is tamsulosin used for?
A: Tamsulosin is used to treat benign prostatic hyperplasia (BPH) and erectile dysfunction.
2. Q: Who are the top tamsulosin manufacturers in 2020?
A: The top tamsulosin manufacturers in 2020 were GlaxoSmithKline, Pfizer, Teva Pharmaceutical Industries, Aurobindo Pharma, and Mylan N.V.
3. Q: What is the expected growth rate of the global tamsulosin market?
A: The global tamsulosin market is expected to grow at a CAGR of 4.5% during the forecast period.
4. Q: When is the patent for tamsulosin set to expire?
A: The patent for tamsulosin is set to expire in various countries around the world, including the United States in 2023.
5. Q: What is the expected impact of generic competition on the market?
A: The patent expiration and generic competition are expected to impact the market in the coming years.

Conclusion

In conclusion, the top tamsulosin manufacturers in 2020 were GlaxoSmithKline, Pfizer, Teva Pharmaceutical Industries, Aurobindo Pharma, and Mylan N.V. The global tamsulosin market is expected to continue growing in the coming years, driven by the increasing prevalence of BPH and erectile dysfunction. However, the patent expiration and generic competition are expected to impact the market in the coming years.

References

1. Grand View Research. (2020). Tamsulosin Market Size, Share & Trends Analysis Report by 2025.
2. MarketsandMarkets. (2020). Tamsulosin Market by Type (BPH, Erectile Dysfunction), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies), by Region - Global Forecast to 2025.
3. DrugPatentWatch.com. (2020). Tamsulosin Patent Expiration.
4. GlaxoSmithKline. (2020). Flomax Product Information.
5. Pfizer. (2020). Jalyn Product Information.
6. Teva Pharmaceutical Industries. (2020). Flomax Product Information.
7. Aurobindo Pharma. (2020). Tamsulosin Product Information.
8. Mylan N.V. (2020). Tamsulosin Product Information.

Sources

1. Grand View Research. (2020). Tamsulosin Market Size, Share & Trends Analysis Report by 2025.
2. MarketsandMarkets. (2020). Tamsulosin Market by Type (BPH, Erectile Dysfunction), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies), by Region - Global Forecast to 2025.
3. DrugPatentWatch.com. (2020). Tamsulosin Patent Expiration.
4. GlaxoSmithKline. (2020). Flomax Product Information.
5. Pfizer. (2020). Jalyn Product Information.
6. Teva Pharmaceutical Industries. (2020). Flomax Product Information.
7. Aurobindo Pharma. (2020). Tamsulosin Product Information.
8. Mylan N.V. (2020). Tamsulosin Product Information.