Forecast of Global Montelukast Sodium Market 2023

Global Montelukast Sodium market will register a 12.1% CAGR in terms of revenue, reach US$ 390 million by 2023, from US$ 190 million in 2017. Montelukast sodium is a hygroscopic, optically active, and white to off-white powder. Montelukast sodium is freely soluble in ethanol, methanol, and water and practically insoluble in acetonitrile. It is administered orally for prophylaxis and chronic treatment of asthma, exercise-induced bronchoconstriction, and allergic rhinitis.