Global Hydroxychloroquine Market Size research report 2023 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market.

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Hydroxychloroquine is used as a first line treatment of diseases such as rheumatoid arthritis, malaria, and other autoimmune diseases such as lupus. The growth of hydroxychloroquine market is predominantly influenced by the increasing cases of COVID-19 cases world-wide. Major countries like U.S and countries in Europe have approved the use of this drug for the treatment of this pandemic disease until a designated vaccine is discovered. India is one of the largest manufacturers and exporters of hydroxychloroquine, and the companies have ramped up the production capacities of the drug to meet its growing demand. The increase in the cases of malaria in developing countries of Africa and Asia Pacific is estimated to drive this market in the coming years.