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Active Pharmaceutical Ingredients Market 2018; Key Targets with CAGR of % | rising prevalence Seen in Healthcare Industry with Leading Players | Dynamics and Overall Analysis – Avail Prime Report to MRFR
Active Pharmaceutical Ingredients Market
Active Pharmaceutical Ingredients Market - Geographical Overview
On regional basis, global active pharmaceutical ingredients market is segmented into America, Europe, Asia Pacific and Middle East and Africa. America commands the largest market, majorly due to increasing prevalence of different chronic diseases and rise in the number of cancer patients.
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According to national cancer institute, in 2016 723,350 new cancer cases was registered in America. North America contribute a major share in America market. Besides increasing prevalence of cancer, well developed healthcare sector, increasing healthcare expenditure and adoption of biologic drugs by peoples has contributed in the growth of the market in this region.
Active Pharmaceutical Ingredients Market - Scenario
MRFR’s outlook towards the worldwide active pharmaceutical ingredient (API) market remains positive with a 4.93% CAGR forecast for the next five years. In terms of clinical efficacy and value, APIs have become an important component in the healthcare sector.
The emergence of novel therapeutics coupled with development of advanced delivery systems is likely to create lucrative market opportunities for APIs in the forthcoming years. The growing trend towards personalized medicines is also influencing the API market landscape. In addition, increased focus towards reducing overall cost of manufacturing and supply chain consolidation are some of the other reasons behind the dramatic growth of APIs in recent years.
Global Active Pharmaceutical Ingredients Market - Segmental Analysis
The segmental analysis of the market is based on the segments of the manufacturing process, API formulation, application, type of synthesis, molecule, and region. The market segmentation by type of synthesis consists of biotech and synthetic segments. The synthetic segment in 2017 was worth USD 132,690.7 Mn. The application based segmentation of the market has been segmented into oncology, cardiovascular disease, orthopedic disorders, neurological disorders, respiratory, urology, gastrointestinal disorders and others. The oncology segment is anticipated to develop with an incremental CAGR during the forecast period.
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Global Active Pharmaceutical Ingredients Market - Top Players
Teva Pharmaceutical Industries (Israel), Cipla (India), Dr. Reddy’s Laboratories (India), Novartis International AG (Switzerland), Sanofi (France), Pfizer, Inc. (US), Eli Lilly and Company (US), Aurobindo Pharma (US), Sun Pharmaceutical Industries (India), Boehringer Ingelheim (Germany), Bristol-Myers Squibb (US), GlaxoSmithKline Plc (UK), Merck & Co., Inc. (US), AbbVie Inc. (US).
TOC of Active Pharmaceutical Ingredients Market Research Report - Global Forecast to 2023:
1 INTRODUCTION
1.1 DEFINITION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.2.2.1 ASSUMPTIONS
1.2.2.2 LIMITATIONS
1.3 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS:
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH:
3 MARKET DYNAMICS
TOC CONTINUED…!
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