Active Pharmaceutical
Ingredients Market Research Report, by manufacturing process (captive
manufacturing, contract manufacturing), by source (synthetic and biological),
by type (generic, branded), by application - forecast
till 2023
Study
objectives Global Active Pharmaceutical Ingredients Market
·
Detailed
information about the present and forecasted market with its key players that
influences the market on global scale
·
Detail
analysis of the market with respect to all the possible segmentation of the
market
·
Detail
information about the factors affecting the growth of the global active
pharmaceutical ingredients market
·
To track and
analyze competitive developments such as joint ventures, strategic alliances,
mergers and acquisitions, new product developments, and research and
developments in the global active pharmaceutical ingredients
·
Analysis of
the market of the different factors like- price analysis, supply chain
analysis, porters five force analysis etc.
·
Detail
information on the possible segments and sub segments of the market and
regional analysis of the market- America, Europe, Asia Pacific and Middle East
and Africa.
·
Insights on
the major countries/regions in which this industry is blooming and to also
identify the regions that are still untapped
·
Detail
information on trends and the opportunities in various regions.
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Intended_Audience
·
Research and
Development (R&D) Companies
·
API
manufacturing company
·
Government
and Independent Research Laboratories
·
Government
and Independent Regulatory Authorities
·
Contract
Research Organizations (CROs)
·
Medical
Research Laboratories
·
Academic
Medical Institutes and Universities
MarketScenario:
Active Pharmaceutical Ingredient (API) is a biologically active pharmaceutical drug. API can be obtain by synthetic process or from natural sources. The global active pharmaceutical ingredients market is driven by increasing prevalence of chronic diseases, rising cancer population and adoption of the biologic and natural therapy by the people. According to WHO, approximately 14 million new cases was registered in 2012 and is expected to rise to almost 19 million by 2024. The number is increasing continuously due to increasing consumption of alcohol, poor lifestyle. Beside this technological development, increasing demand for the new and better treatment and increasing aging population are some other factors driving the growth of the market. Increasing demand for the generic drugs in developing countries like India and China has increased the demand development of new active ingredients. This two countries account nearly 80% of total generic drug sale. Stringent regulatory requirements and lack of awareness in majority of people may restrains the growth of the market.
Active Pharmaceutical Ingredient (API) is a biologically active pharmaceutical drug. API can be obtain by synthetic process or from natural sources. The global active pharmaceutical ingredients market is driven by increasing prevalence of chronic diseases, rising cancer population and adoption of the biologic and natural therapy by the people. According to WHO, approximately 14 million new cases was registered in 2012 and is expected to rise to almost 19 million by 2024. The number is increasing continuously due to increasing consumption of alcohol, poor lifestyle. Beside this technological development, increasing demand for the new and better treatment and increasing aging population are some other factors driving the growth of the market. Increasing demand for the generic drugs in developing countries like India and China has increased the demand development of new active ingredients. This two countries account nearly 80% of total generic drug sale. Stringent regulatory requirements and lack of awareness in majority of people may restrains the growth of the market.
Global active
pharmaceutical ingredients market is expected to grow at a CAGR of 7.2% during
forecasted period.
Regional Analysis
On regional basis, America dominates the market for active pharmaceutical ingredients. IncreasingR&D expenditure, increasing incidence of chronic diseases and technological advancements in drug manufacturing are key factor for the growth of the market in this region. Europe accounts second largest market which is followed by Asia Pacific. Asia Pacific is the fastest growing region owing to the availability affordable work force and increasing API manufacturing units in these countries.
On regional basis, America dominates the market for active pharmaceutical ingredients. IncreasingR&D expenditure, increasing incidence of chronic diseases and technological advancements in drug manufacturing are key factor for the growth of the market in this region. Europe accounts second largest market which is followed by Asia Pacific. Asia Pacific is the fastest growing region owing to the availability affordable work force and increasing API manufacturing units in these countries.
Key Players for global active
pharmaceutical ingredients market
Teva Pharmaceutical Industries (Israel), Cipla (India), Dr. Reddy’s Laboratories (India), Novartis International AG (Switzerland), Sanofi (France), Pfizer, Inc. (US), Eli Lilly and Company (US), Aurobindo Pharma (US), Sun Pharmaceutical Industries (India), Boehringer Ingelheim (Germany), Bristol-Myers Squibb (US), GlaxoSmithKline Plc (UK), Merck & Co., Inc. (US), AbbVie Inc. (US).
Teva Pharmaceutical Industries (Israel), Cipla (India), Dr. Reddy’s Laboratories (India), Novartis International AG (Switzerland), Sanofi (France), Pfizer, Inc. (US), Eli Lilly and Company (US), Aurobindo Pharma (US), Sun Pharmaceutical Industries (India), Boehringer Ingelheim (Germany), Bristol-Myers Squibb (US), GlaxoSmithKline Plc (UK), Merck & Co., Inc. (US), AbbVie Inc. (US).
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Market Assessment
The report for Global Active Pharmaceutical Ingredients Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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