The Recent Study Conducted by Market Research Future (MRFR), the Global Generic Injectables Market Will Capture an Impressive Growth Rate During The Review Period (2019-2023).
Fresenius SE & Co. KGaA, Mylan N.V., Teva Pharmaceutical Industries Ltd., Hikma Pharmaceuticals plc, Lupin Ltd., Sanofi, Biocon, Reddy’s Laboratories and more.
Global Generic Injectables Market is Expected to Register a CAGR ~13% during the forecast period of 2018–2023. Generic injectables is a key feedstock in pharmaceutical, diagnostics, biotechnology, diagnostic, and veterinary industries.
The Generic Injectables Market is expected to witness tremendous growth owing to the expansion of biosimilar products with off patenting of the major patented drugs is expected to drive growth of generic sterile injectable market during forecast period. For example, the loss of patent in 2017 for blockbuster brands such as Cancidas, Remicade, Cubicin, Invanz and Humira leading to entry of generic products. is also expected to drive the market. Other key factors such as the untapped market opportunities in emerging countries, growing investments by government organizations are contributing towards the growth of the market. However, in the negative perception of the consumers towards generic drugs coupled with stringent regulations laid down by the governments are few factors restraining the growth of the market.
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Regional Analysis:
On the regional basis, the generic injectables market in the Americas is predicted to dominate the market during the forecast period. The North American region holds substantial share in the global market. Unlike branded drug manufacturers that invest huge amount of capital on R&D and marketing, generic drug manufacturers do not require such investments. Furthermore, the number of competitors in the generic injectables market is lower as compared to oral generics, resulting in limited price erosion and significantly higher profit margins.
Currently, the global generic injectables market is dominated by numerous players. The major players in this market are involved in new product launches, strategic partnerships and collaborations to increase their product portfolio. For instance, in December 2016, Baxter acquired injectables from Claris for the production of injectable medicines such as anesthesia and analgesics, anti-infective, renal, and critical care medications.
Segments:
The global generic injectable market is segmented on the basis of product type, container, application, and distribution channel.
TOC:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Overview
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
Chapter 5. Market Factor Analysis
CONTINUED…
LIST OF TABLES:
TABLE 1 GLOBAL GENERIC INJECTABLES MARKET SYNOPSIS, 2018–2023
TABLE 2 GLOBAL GENERIC INJECTABLES MARKET ESTIMATES AND FORECAST, 2018–2023 (USD MILLION)
TABLE 3 GLOBAL GENERIC INJECTABLES MARKET, BY PRODUCT TYPE, 2018–2023 (USD MILLION)
TABLE 4 GLOBAL GENERIC INJECTABLES MARKET, BY CONTAINER, 2018–2023 (USD MILLION)
TABLE 5 GLOBAL GENERIC INJECTABLES MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
TABLE 6 GLOBAL GENERIC INJECTABLES MARKET, BY DISTRIBUTION CHANNEL, 2018–2023 (USD MILLION)
TABLE 7 GLOBAL GENERIC INJECTABLES MARKET, BY REGION, 2018–2023(USD MILLION)
TABLE 8 NORTH AMERICA: GENERIC INJECTABLES MARKET, BY PRODUCT TYPE, 2018–2023 (USD MILLION)
TABLE 9 NORTH AMERICA: GENERIC INJECTABLES MARKET, BY CONTAINER, 2018–2023 (USD MILLION)
TABLE 10 NORTH AMERICA: GENERIC INJECTABLES MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
TABLE 11 NORTH AMERICA: GENERIC INJECTABLES MARKET, BY DISTRIBUTION CHANNEL, 2018–2023 (USD MILLION)
TABLE 12 NORTH AMERICA: GENERIC INJECTABLES MARKET, BY REGION, 2018–2023 (USD MILLION)
TABLE 13 US: GENERIC INJECTABLES MARKET, BY PRODUCT TYPE, 2018–2023 (USD MILLION)
TABLE 14 US: GENERIC INJECTABLES MARKET, BY CONTAINER, 2018–2023 (USD MILLION)
TABLE 15 US: GENERIC INJECTABLES MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
Continued…!
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