Global Montelukast Sodium Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Dosage Form;

Tablets and Oral Solutions.

By Application;

Asthma, Allergic Rhinitis, Urticaria, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn127490427 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Montelukast Sodium Market (USD Million), 2021 - 2031

In the year 2024, the Global Montelukast Sodium Market was valued at USD 348.20 million. The size of this market is expected to increase to USD 696.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.4%.

The Global Montelukast Sodium Market represents a vital segment within the pharmaceutical industry, focusing on the production, distribution, and consumption of montelukast sodium, a medication primarily used for the treatment of asthma and allergic rhinitis. Montelukast sodium is a leukotriene receptor antagonist that works by blocking the action of leukotrienes, which are chemicals in the body that contribute to inflammation, bronchoconstriction, and other symptoms associated with asthma and allergies.

The market for montelukast sodium has gained prominence due to the increasing prevalence of respiratory conditions such as asthma and allergic rhinitis worldwide. These conditions affect millions of individuals globally, leading to significant morbidity, healthcare costs, and impaired quality of life. Montelukast sodium offers an effective treatment option for managing symptoms and preventing asthma attacks or allergic reactions, thereby addressing an unmet medical need and driving demand for the medication.

The introduction of generic formulations of montelukast sodium has also contributed to the growth of the global market. Generic versions of the medication offer cost-effective alternatives to branded products, making treatment more accessible and affordable for patients. As patents expire and generic competition intensifies, the market for montelukast sodium is expected to become increasingly competitive, driving down prices and expanding market reach.

The growing focus on preventive healthcare and the importance of disease management strategies are driving the demand for medications like montelukast sodium. Healthcare providers and policymakers are increasingly emphasizing the need for early intervention and proactive management of chronic respiratory conditions to improve patient outcomes and reduce healthcare costs. Montelukast sodium, with its efficacy in controlling symptoms and reducing the need for rescue medications, aligns with these healthcare objectives and presents significant growth opportunities in the global market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Dosage Form
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Montelukast Sodium Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Respiratory Conditions
        2. Growing Awareness and Diagnosis Rates
        3. Advancements in Generic Formulations
      2. Restraints
        1. Patent Expiry and Generic Competition
        2. Adverse Effects and Safety Concerns
        3. Regulatory Challenges and Compliance Requirements
      3. Opportunities
        1. Focus on Personalized Medicine and Precision Therapeutics
        2. Expansion into Emerging Markets
        3. Investment in Research and Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Montelukast Sodium Market, By Dosage Form, 2021 - 2031 (USD Million)
      1. Tablets
      2. Oral Solutions
    2. Global Montelukast Sodium Market, By Application, 2021 - 2031 (USD Million)
      1. Asthma
      2. Allergic Rhinitis
      3. Urticaria
      4. Others
    3. Global Montelukast Sodium Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Merck & Co Inc
      2. Morepen Laboratories
      3. Teva Pharmaceuticals USA Inc
      4. Mylan N.V
      5. Cipla Limited
  7. Analyst Views
  8. Future Outlook of the Market