The Global Generic Drugs report covers the present scenario and the growth prospects of the Generic Drugs for 2016-2020. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors.
Generic drugs have the same chemical formula, dosage form, potency, route of administration, quality, and intended use as that of patented branded drugs. They cost 80%-85% lesser than their branded counterparts and are available soon after the patent expiries of original drugs. However, they are similar to original drugs in terms of safety, quality, and effectiveness. Manufacturers need to apply for an Abbreviated New Drug Application (ANDA) approval to receive approval of generics.
The global generic drugs market to grow at a CAGR of 10.53% during the period 2016-2020.
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The report provides a basic overview of the Generic Drugs including definitions, classifications, applications and market Sales chain structure. The Generic Drugs report enlists several important factors, starting from the basics to advanced market intelligence which play a crucial part in strategizing.
Generic Drugs Opportunities:
With a purpose of enlightening new entrants about the possibilities in this market, this report investigates new project feasibility. Various details about the manufacturing process such as market drivers, impact of drivers, market challenges and impact of drivers and challenges, market trends, vendor landscape analysis and so on, is discussed in the report.
Key players in Generic Drugs 2016-2020
- Teva Pharmaceuticals
- Sun Pharmaceuticals
- STADA Arzneimittel
Other prominent vendors
- Aurobindo Pharma
- Boehringer Ingelheim
- Coherus Biosciences
- Dr. Reddy’s Laboratory
- Daiichi Sankyo
- Eli Lilly
- Emcure Pharmaceuticals
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The Generic Drugs is divided into the following segments based on geography:
In the end, the report makes some important proposals for a new project of Generic Drugs Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2016-2020 global Generic Drugs industry covering all important parameters.
Generic Drugs driver
- Patent expiry of top-selling drugs
- Threat of counterfeit drugs
- Outsourcing of drug development activities
Key questions answered in this Generic Drugs report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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