Apr 06, 2020 (Heraldkeepers) -- New York, April 06, 2020: The Global Active Pharmaceutical Ingredient (API) Market is expected to exceed more than US$ 232 Billion by 2024 at a CAGR of 6% in the given forecast period.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Allergan plc , BASF SE (etr:BAS), Boehringer Ingelheim Group, Cambrex Corporation , Dr. Reddy's Laboratories Ltd., Lonza Group, Mylan, Inc., Sandoz (Novartis AG), Pfizer, Inc., Teva Pharmaceutical Industries Ltd., and WuXiApptec. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The scope of the report includes a detailed study of global and regional markets on Global Active Pharmaceutical Ingredient (API) Market with the reasons given for variations in the growth of the industry in certain regions.
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The Global Active Pharmaceutical Ingredient (API) Market is segmented on the lines of its manufacturing process, API type, therapeutic area, drug type and regional. Based on manufacturing process segmentation it covers captive, contract. Based on API type segmentation it covers synthetic chemical API, biological API. Based on therapeutic area segmentation it covers cardiovascular disorders, metabolic disorders, neurological disorders, oncology, musculoskeletal disorders, NSAIDs, other therapeutics uses. Based on drug type segmentation it covers branded prescription drugs, generic prescription drugs, OTC prescription drugs. The Global Active Pharmaceutical Ingredient (API) Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
Active Pharmaceutical Ingredient (API) is the part of any drug product. Pharmaceutical drugs might be available in type of capsules or tablets yet their genuine components are a long way from homogenous. Active Pharmaceutical Ingredient (API) is known as that part of the chemical included in the drugs which treats the cause and that actually works on the condition. Contents in drugs is not static it may contain one or more API and according to the dosage or prescription it will differ from person to person. Pharmaceutical technologists are prevalently possessed with the creation of different dose structures, for example, tablets, pastilles or dragees. The enhancing access to healthcare with the fast penetration of technology and different advancements in the healthcare segment.
This report provides:
1) An overview of the global market for Global Active Pharmaceutical Ingredient (API) Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Global Active Pharmaceutical Ingredient (API) Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The Global Active Pharmaceutical Ingredient (API) Market has been segmented as below:
The Global Active Pharmaceutical Ingredient (API) Market is Segmented on the lines of Manufacturing Process Analysis, API Type Analysis, Therapeutic Area Analysis, Drug Type Analysis and Regional Analysis. By Manufacturing Process Analysis this market is segmented on the basis of Captive Manufacturing and Contract Manufacturing. By API Type Analysis this market is segmented on the basis of Synthetic Chemical API and Biological API.
By Therapeutic Area Analysis this market is segmented on the basis of Cardiovascular Disorders, Metabolic Disorders, Neurological Disorders, Oncology, Musculoskeletal Disorders, NSAIDs and Other Therapeutics Uses. By Drug Type Analysis this market is segmented on the basis of Branded Prescription Drugs, Generic Prescription Drugs and OTC Prescription Drugs. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
The major driving factors of Global Active Pharmaceutical Ingredient (API) Market are as follows:
Growing in healthcare expenditure
Advancements in the technology of API manufacturing
Rapidly increase aging population
Increasing Importance of Generics
Increase in abbreviated new drug applications (ANDA)
Growth in Incidence of Chronic Diseases
The restraining factors of Global Active Pharmaceutical Ingredient (API) Market are as follows:
Drug price control policies across different economies are unfavorable
Strict regulatory requirements
High production cost
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Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview