Market Research Future (MRFR) Announces the Publication of its Research Report – “Global Small Molecule API Market 2016-2027”
Globally the market for small molecule API is increasing rapidly. The major factors that drive the growth of small molecule API are rise in demand for the small molecule drugs, entry of big CMO’s into the business, Development in the infrastructure in the pharmaceutical industry, rising access to the medication in the people from developing and underdeveloped countries and others. Globally the market for small molecule API is expected to grow at the rate of about 7.0% from 2016 to 2027.
Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: The market for small molecule API is growing and expected to continue its growth in near future. Growing demand for newly developed small molecules drugs, growing trend of outsourcing, growing pharmaceutical industry in developing nations are some of the key factors driving the growth of the global small molecule API market. However, factors such as Austerity measures in Europe are causing the hindrance in the growth of the global small molecule API market. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Taste the market data and market information presented through more than 64 market data tables and figures spread over 85 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Small Molecule API Market Research Report -Forecast To 2027”
Key Players in the Global Small Molecule API Market
- Siegfried AG,
- Pharmaceutical Industries Ltd.
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Global small molecule API market has been segmented as follows:
- On the basis of Types which comprises of synthetic/chemical API, biological API
- On the basis of Application the market is segmented into cardiovascular, oncology, diabetes, immunological disorders and others.
- On the basis of Manufacturing Method, the market is segmented into In-house, Contract manufacturing.
Other Prominent Vendors in the market are:
- Albemarle Corporation
- Allergan Plc
- Cambrex Corporation
- Reddy’s Laboratories Ltd
- Glaxosmithkline Plc
- Merck Sharp & Dohme Corp.
- Mylan N.V.
- Novartis AG
- Pfizer Inc.
- Sun Pharmaceutical Industries Ltd.
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The market is classified and analyzed on the basis of various segments including geographies, which consist of; Americas, Europe, Asia-Pacific, and Middle East & Africa. Out of all, North America accounts for the largest share in the market. In addition, Europe and Asia-Pacific is the fastest growing segment in the small molecule API market.
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