High Potency APIs (HPAPI) Market Snapshot
The move towards the use of highly potent active pharmaceutical ingredients (HPAPIs) has created a pipeline of more effective medicines that involve lower doses and have fewer side effects which is the main factor that is motivating the development of the market. As per the market analysis by MRFR, the high potency APIs market will rake USD 26.6 billion in revenues while expanding with an 8.40% CAGR in the forecast period.
The market is boosted to a great extent due to the rising investments by companies in the manufacturing of HPAPIs. The high potency APIs market is also flourishing due to partnerships and agreements with important contract manufacturing organizations globally. The growth of the market is further motivated by the growing prevalence of different types of cancer around the world. The market for high potency APIs is expected to benefit exceptionally due to the growth of targeted therapy approach in treatment of various ailments. The increasing demand for high potency APIs in emerging markets such as China, Japan, and India can be traced to the developing awareness and progressing healthcare systems.
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Some of the key players profiled in the report are Teva Pharmaceuticals, SAFC, Carbogen Amics, Bristol-Myers Squibb, Asymchem, Lonza, Bayer AG, Boehringer Ingelheim, and Sanofi.
The rapid expansion of cancer patient pool is forecasted to accelerate the revenue creation for the market players globally. According to ‘Our World in Data’, 8.9 million people are estimated to have succumbed to cancer in 2016. Investments are expected to flow towards drug development which is likely to augment the global market through the review period. The competitive landscape of the market is highly lucrative and rising investments is prognosticated to boost the manufacturing of HPAPIs. Furthermore, the key players are anticipated to strategize agreements, acquisitions, and partnerships for gaining edge over competitors
This MRFR’s report offers a detailed segmental analysis of the global high potency APIs market based on product, type and therapeutic area. By product, the global market has been segmented into biotech and synthetic. The rising demand for antibody-drug conjugates (ADCs) is expected to propel the expansion of the biotech segment in the foreseeable future.
By type, the market has been segmented into novel or innovative, and generic. The growth of the innovative segment can be ascribed to the availability of massive funds for research & development by the manufacturers.
By therapeutic area, the market has been segmented into oncology, glaucoma, hormonal, and others. The glaucoma segment is projected to witness substantial growth in demand over the assessment period.
The research methodology at Market Research Future follows a well-planned approach that ensures effective data collection. The research methodology combines an efficient balance of primary research and secondary research techniques that promote extensive data discovery. The utilization of innovative solutions in studying market conditions and trends further enhances the end product substantially. The incorporation of insights that have the potential of shaping the market’s development in the upcoming period further improves the quality of the reports. Moreover, the incorporation of top up and bottom down approaches additionally augments the report quality. The accuracy of the data collected ensures that the information presented is actionable as well as advantageous to our clients. The analysis of important contenders shaping the market and their future trajectories will additionally enhance the knowledge value gained from our reports.
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Table of Contents
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global High Potency APIs Market, By Product
Chapter 7. Global High Potency APIs Market, By Therapeutic Area
Chapter 8. Global High Potency APIs Market, By Type
Chapter 9. Global High Potency APIs Market, By Region
Chapter 10. Company Landscape
Chapter 11. Company Profiles
Chapter 12 MRFR Conclusion
Chapter 13 Appendix
- LIST OF TABLES
- LIST OF FIGURES
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