Press release
Insights on Global Branded Generics Market Offering Trends, Share, Size, Growth until the End of 2026
To Understand the Branded Generics Market Industry Status worldwide, MRRSE has included the latest Forecast report titled “Insights on Global Branded Generics Market Offering Trends, Share, Size, Growth until the End of 2026”, to its vast database. This study offers data about the prime regions operating in the Branded Generics Market, along with their production, consumption, revenue and market share details. Further, the intelligent report also anticipates that the market would grow at a constructive CAGR until 2026.Sample report is available here – https://www.mrrse.com/sample/2938
The global branded generics market was valued at more than US$ 190 Bn in 2015 and is expected to witness a 7.3% CAGR over the forecast period (2016–2026). The market is projected to be valued at more than US$ 410 Bn by 2026. The global branded generics market is expected to represent incremental opportunity of nearly US$ 220 Bn between 2016 and 2026. Rising number of comorbidities like diabetes and cardiovascular diseases is creating ample opportunities for new and existing players in the global branded generics market.
Global Branded Generics Market Value (US$ Bn) By Therapeutic Application, 2016-2026
Cardiovascular diseases application segment expected to hold a large market revenue share over the projected period: The cardiovascular diseases segment was estimated to account for 11.8% market share of the global branded generics market by 2016 end and is expected to gain 102 BPS by 2026 over 2016. Cardiovascular diseases segment is expected to register high Y-o-Y growth throughout the forecast period. The segment was expected to reach a value of nearly US$ 25 Bn by 2016 end and is projected to remain the dominant segment during the forecast period. The dermatology diseases segment is expected to register moderate Y-o-Y growth as compared to other segments throughout the forecast period. Revenue contribution of this segment to the global branded generics market is expected to increase at a CAGR of 6.0% over the forecast period. In terms of value, the cardiovascular diseases segment is expected to register the highest CAGR of 8.2% during the assessment period. The neurology and dermatology diseases segments are expected to remain the least attractive segments in the global branded generics market in revenue terms with an attractive index of 0.5 each over the forecast period.
We have included several key metrics in our report to give solid figures that support our assumptions and assertions of the global branded generics market. Given the ever-fluctuating nature of the global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to pinpoint the right opportunities in the global branded generics market. As previously highlighted, the global market for branded generics is segmented into different categories. All these categories have been analyzed in terms of Basis Point Share (BPS) to understand the individual segments’ relative contribution to market growth.
Browse full report in-depth here – https://www.mrrse.com/branded-generics-market
Diabetes segment market revenue share projected to grow at a significant CAGR owing to increasing prevalence of diabetes in Asia Pacific and MEA regions: The Diabetes segment is estimated to create absolute $ opportunity of US$ 1.6 Bn in 2017 over 2016. Revenue from this segment is projected to witness a CAGR of 7.7% from 2016 to 2026 to reach a value of nearly US$ 45 Bn by 2026. The Oncology segment is estimated to create absolute $ opportunity of US$ 1.1 Bn in 2017 over 2016. Revenue from this segment is projected to exhibit a CAGR of 6.9% from 2016 to 2026 to reach a value of more than US$ 30 Bn by 2026. The Neurology segment is estimated to create absolute $ opportunity of US$ 0.8 Bn in 2017 over 2016. Revenue from this segment is projected to register a CAGR of 6.1% from 2016 to 2026 to reach a value of about US$ 25.0 Bn by 2026. The Analgesics and Anti-inflammatory segment is estimated to create absolute $ opportunity of US$ 0.9 Bn in 2017 over 2016. Revenue from this segment is projected to witness a CAGR of 6.6% from 2016 to 2026 to reach a value of nearly US$ 30 Bn by 2026. Increasing out-of-pocket healthcare expenditure and patent expiries of blockbuster drugs fuelling the global branded generics market
As per MRRSE analysis, emerging economics such as Brazil, Russia, India and China are the most lucrative markets for branded generics. A big aspect that is fuelling the global branded generics market is the increasing out-of-pocket expenditure on healthcare in both emerging and developed economies. In addition, patent expiries of blockbuster drugs is also positively impacting the global branded generics market. Analysts working on this report have noticed a trend of mergers and acquisitions amongst the key market players to help consolidate their position in the global branded generics market.
Ask anything about this report by using an enquiry form here - https://www.mrrse.com/enquiry/2938
The primary objective of the report is to offer insights on the market dynamics that can influence revenue growth of the global branded generics market over the forecast period. Insights on key trends, drivers, restraints, value forecasts and opportunities for companies operating in the global branded generics market are presented in the report. To understand and assess opportunities in this market, the report offers market forecast on the basis of therapeutic application, drug class, formulation type, distribution channel and regions. The report provides analysis of the global branded generics market in terms of market value (US$ Mn).
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