Embed Size (px)
Citation preview
GLOBAL INDUSTRY INSIGHT:
Active Pharmaceutical Ingredients Market Trends, Size, Share,
Development, Growth and Demand Forecast to 2020
Global Active Pharmaceutical Ingredients Market Size, Share,
Development, Growth and Demand Forecast to 2020
The global active pharmaceutical ingredient market is growing significantly due to patent expiry of biologic drugs
in the industry. Patent expiry of blockbuster drugs has boosted the demand for low cost substitutes, which further
increases the demand for active pharmaceutical ingredients in the industry. Moreover, increasing investment into
biosimilars is expected to support the growth of the market in the coming years.
Massive unexplored market in active pharmaceutical ingredient industry of developing economies are creating
ample opportunities for the active pharmaceutical ingredient market to grow at a considerable rate in the coming
years. Active pharmaceutical ingredients are the primary components of manufacturing effective and safe
essential drugs. The advanced research and development facilities of the companies are supporting to address
the demand of the active pharmaceutical ingredient industry.
Explore Report at: https://www.psmarketresearch.com/market-analysis/active-pharmaceutical-ingredients-
market
On the basis of type of manufacturers of active pharmaceutical ingredient, the market can be categorized as in-
house active pharmaceutical ingredient manufacturing and active pharmaceutical contract manufacturing. The in-
house active pharmaceutical ingredient manufacturing leads the active pharmaceutical ingredient market by type
of manufacturer category. In addition, the in-house manufacturing is continuously witnessing decline in the
segment due to reduced profitability and high research and development cost. On the basis of type of active
pharmaceutical ingredient, the market can be categorized as biological active pharmaceutical ingredients, and
synthetic chemical active pharmaceutical ingredients. Moreover, on the basis of type of drugs, the market can be
categorized as generic prescription drugs, over-the-counter (OTC) drugs, and branded or innovative prescription
drugs.
The active pharmaceutical ingredient market can be categorized on the basis of therapeutic areas as oncology
drugs, central nervous system drugs, anti-diabetic drugs, musculoskeletal drugs, cardiovascular drugs, and non-
steroidal anti-inflammatory drugs. The oncology drugs is expected to grow with the fastest rate in the coming
years due to increasing prevalence of cancer cases and rising government initiatives to create awareness about
cancer among population.
Request for Table of Content at: https://www.psmarketresearch.com/market-analysis/active-pharmaceutical-
ingredients-market/toc-sample
Some of the factors driving the growth of active pharmaceutical ingredient market are increase in condensed new
drug applications, and increasing prevalence of chronic diseases such as cardiovascular disease, and cancer.
The increasing lifestyle associated diseases such as diabetes, rise in geriatric population, and increasing
promotion of generic drugs by the government are also fueling the growth of the active pharmaceutical ingredients
market. However, strict regulatory requirements and decline in research and development expenditure are some
of the factors restraining the growth of the active pharmaceutical ingredient market to some extent.
© P&S Market Research. All rights reserved 2
Global Active Pharmaceutical Ingredients Market Size, Share,
Development, Growth and Demand Forecast to 2020
Geographically, North America will be leading the global active pharmaceutical ingredient market in the coming
years due to increasing research and development programs in the field of drugs and medical science. Asia-
Pacific is the fastest growing region in the global active pharmaceutical ingredient market. The major reasons for
the fastest growth of the market in the region are increasing healthcare expenditure, large pool of patients, and
presence of large pool of generic medicine producers in the region. Moreover, the active pharmaceutical
ingredient market is growing due to increasing awareness of lifestyle associated diseses in the emerging
countries, such as India and China, of Asia-Pacific region.
Browse related market research at: https://www.psmarketresearch.com/industry-
report/pharmaceuticals
Some of the companies operating in the active pharmaceutical ingredient market are Teva Pharmaceutical
Industries Ltd., Dr. Reddy’s Laboratories, Actavis Plc, Hospira Inc., Boehringer Ingelheim Group, Lonza Group,
Cambrex Corporation, Novartis International AG, BASF SE, Pfizer, Inc., Mylan, Inc., Watson Pharmaceutical Inc.,
and WuXi Apptec.
About P&S Market Research
P&S Market Research is a global market research and consulting company. We provide market research reports,
industry reports, business intelligence and research based consulting services across a range of industries.
With the help of our professional corporate relations with various companies, our market research offers the most
accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned
domain to substantiate every single data presented in our publication. Our research assists our client in
identifying new and different windows of opportunity and frame informed and customized strategies for expansion
in different regions.
Contact:
Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: [email protected]
Web: https://www.psmarketresearch.com
© P&S Market Research. All rights reserved 3
