Active Pharmaceutical Ingredients Market is expected to reach USD 263.80 Billion by 2025 with a CAGR of 6.24% over the forecast period.
Active Pharmaceutical Ingredients Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025. Rising geriatric population with increase in prevalence of chronic diseases such as cancer, neurological diseases, cardiovascular diseases and lifestyle related disorders such as Hypertension, Obesity and Metabolic Syndromes are likely to enhance the growth of Global Active Pharmaceutical Ingredients Market.
Scope Of Market Reports – Any drug is consisting of two ingredients, the first one is the Active Pharmaceutical Ingredient (API) which is the dominant ingredient of the drug and the second is an excipients. Active Pharmaceutical Ingredients (API) is used in the manufacturing of various pharmaceutical formulations such as Syrups, Tablets, Creams and Capsules. Active Pharmaceutical Ingredients (API) is chemically as well as biologically active element of drugs which provides health benefits and used to cure, mitigation, treatment and prevention of diseases. The global API market has viewed incredible growth over the last few decades due to the augmented use of drugs and biologics in the treatment of diseases. The growing acceptance of quality standards in API manufacturing such as Good Manufacturing Practices (GMP), current GMP (CGMP) and the global adoption of International Conference on Harmonization (ICH) guidelines has facilitated to improve the safety standards. API can be obtain by synthetic process or from natural sources. APIs can’t used in the raw form because it is obtain from crude form of drug which will not have proper pharmacodynamics and pharmacokinetics parameters. So APIs are combined with the suitable excipients which are pharmacologically and therapeutically inert but improve its stability and activities.
Contents in drugs is not fixed it may contain one or more API and according to the dosage or prescription it will vary from individual to individual. Certain drugs such as combination therapies have numerous active ingredients, which treat different symptoms or act in different ways.
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Global Active Pharmaceutical Ingredients Market has been divides on the basis of Drug Type, API Type, Type of Manufacturer, Therapeutic Area and Geography. On the basis of Drug Type of Global Active Pharmaceutical Ingredients Market is classified into Branded Prescription Drugs, Generic Prescription Drugs, OTC, Prescription Drugs and Other. On the basis of API Type of Global Active Pharmaceutical Ingredients Market is classified into Synthetic API, Biotech API and Other. On the basis of Type of Manufacturer Global Active Pharmaceutical Ingredients Market is classified into Captive Manufacturing or In-house, Merchant or Outsourced APIs and Other. On the basis of Therapeutic Area of Global Active Pharmaceutical Ingredients Market is classified into Cardiovascular Disorders, Neurological Disorders, Oncology, Diabetes, Musculoskeletal Disorders, Endocrinology, NSAIDs, Orthopedics, Urology, Nephrology, Ophthalmology, Pulmonology, Women’s Health, Gastroenterology and Others.
The regions covered in Global Active Pharmaceutical Ingredients Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, Global Melanoma Drug Market sub divided in to U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players – Global Oncology Nutrition Market reports cover prominent players Aurobindo Pharma, BASF, Boehringer Ingelheim, Cipla, Dr. Reddy’s Laboratories, Lonza Group, Teva Pharmaceutical Industries, Abbott Laboratories, Actavis, Aesica, Albemarle, AMPAC Fine Chemicals, Anhui Biochem United Pharmaceutical, Anuh Pharma, Aptuit, AstraZeneca, Biocon, Bristol-Myers Squibb, Calyx Chemicals & Pharmaceuticals, Cambrex, Cilag, Elanco Animal Health, CIRON Drugs and Pharmaceuticals, CTX Life Sciences, Dishman Pharmaceuticals & Chemicals, Dr. Paul Lohmann, Emcure Pharmaceuticals, Farmabios, F. Hoffmann-La Roche, GlaxoSmithKline, Guilin Pharmaceutical, Hetero Drugs, Hospira, Ipca Laboratories, Janssen Pharmaceutica, Johnson Matthey, Laurus Labs, Lupin, Mallinckrodt Pharmaceuticals, Mangalam Drugs & Organics, Merck, Mylan, Novartis, Novasep, Pen Tsao Chemical Industry, Pfizer, Ranbaxy Laboratories, Royal DSM, Sanofi-Aventis, Sequent Scientific, Shanghai Desano Chemical Pharmaceutical, Shasun, Ceva Animal Health Inc., Shijiazhuang Lonzeal Pharmaceuticals, Sigma-Aldrich, STP Sun Pharmaceutical Industries, WuXi AppTec, Zhejiang Langhua Pharmaceuticals and Zhuhai Rundu Pharmaceuticalharm.
Market Dynamics – Rise in Outsourcing Activities, Increasing in healthcare expenditure, Improvements in the technology of API manufacturing, Growing Importance of Generics and rise in Abbreviated New Drug Applications (ANDA) will drive the Global Active Pharmaceutical Ingredients Market. Other factors playing a vital role for the growth of Global Active Pharmaceutical Ingredients Market include the increase in the geriatric population. A greater generic acceptance level in developed countries from 28% to 33% is boosting global medicine expenditure. Moreover growth in chronic & lifestyles related disorders and increasing acceptance for targeted therapy approach in cancer treatment, aiding greater access to improved, lifesaving healthcare services.
Furthermore, increasing promotion of generic drugs by the government is also fueling the growth of the active pharmaceutical ingredients market. Decrease in R&D Spending, production cost and variable drug price control policies hinder the growth of Global Active Pharmaceutical Ingredients Market.
An intense focus on commercializing drugs and reducing operating costs by outsourcing R&D activities can improve the organizational efficiency significantly. Outsourcing at later stages of expansion through the appointment of strategic partners can potentially improve operational efficiencies throughout the value chain. A balanced portfolio approach goes a long way in expanding sales and simultaneously reducing risk. This could be by possessing branded generic drugs, branded drugs, and unbranded drugs within the same portfolio. Adding to that, well defined forward linkages in the supply chain can save larger market share in diverse regions over the forecast period. Stringent regulatory requirements and absence of awareness in majority of people might restrain the growth of the Global Active Pharmaceutical Ingredients Market.
Regional Analysis – From a geographical standpoint, North America commanded a major share of the Global Active Pharmaceutical Ingredients Market due to the rise in research and development programs in the field of drugs and medical science and it is likely to stay on its place in the future, owing to rising favorable government initiatives for usage of generic drugs and technological advancements in the field of drug. Europe accounts second largest market which is followed by Asia Pacific. However, Asia Pacific is expected to witness the highest growth during the forecast period owing to the availability of affordable labor. Therefore major companies in the industry are located the API manufacturing plants in the developing countries such as China and India. The significant growth of the Asia Pacific market is mainly attributed to increasing healthcare expenditure, increased awareness and accessibility, increasing number of preterm births, rising geriatric population and large pool of generic medicine producers in the region. Advanced healthcare facilities, rapid improvements in the health insurance sector and increasing healthcare expenditure.
Key Benefits –
Global Active Pharmaceutical Ingredients Market report covers in depth historical and forecast analysis.
Global Active Pharmaceutical Ingredients Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Global market sale (K Units), Global market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Active Pharmaceutical Ingredients Market report helps to identify opportunities in market place.
Global Active Pharmaceutical Ingredients Market report covers extensive analysis of emerging trends and competitive landscape.
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Market Segmentation –
By Drug Type Analysis
Branded Prescription Drugs, Generic Prescription Drugs, OTC Prescription Drugs, Other
By API Type Analysis
by Type, (Innovative Synthetic APIs, Generic Synthetic APIs), by Type (Innovative Biotech APIs, Biosimilars),
Monoclonal Antibodies, Hormones, Cytokines, Fusion Proteins, Therapeutic Enzymes, Vaccines, Blood Factors
By Type of Manufacturer Analysis
Captive Manufacturing or In-house, Merchant or Outsourced APIs, Other
By Therapeutic Area Analysis
Cardiovascular Disorders, Neurological Disorders, Oncology, Diabetes, Musculoskeletal Disorders, Endocrinology, NSAIDs, Orthopaedics, Urology, Nephrology, Ophthalmology, Pulmonology, Women’s Health, Gastroenterology, Other
North America (US., Canada), Europe (UK., France, Germany, Italy), Asia Pacific (China, Japan, India, Southeast Asia), Latin America (Brazil, Mexico), Middle East and Africa (GCC, Africa, Rest of Middle East and Africa)
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