Active Pharmaceutical Ingredients (API) Market Rise to a Valuation of USD 232.17 billion by 2023 | Cipla, AbbVie Inc, Merck & Co, Teva Pharmaceutical Industries and Boehringer Ingelheim. Acquisitions
The major players in the Active Pharmaceutical Ingredients (API) Market are Cipla, AbbVie Inc, Merck & Co, Teva Pharmaceutical Industries and Boehringer Ingelheim. Acquisitions, new molecule launches, collaborations, and regional expansions are some of the efforts undertaken by these industry players to maintain a strong position.
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The Active Pharmaceutical Ingredients (API) Market is segmented as follows-
By Type of Synthesis:
By Type of Manufacturer:
CNS and Neurological Disorders
Industry Outlook and Trend Analysis:
The Active Pharmaceutical Ingredients (API) Market was worth USD 134.78 billion in 2014 and is expected to reach approximately USD 232.17 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.23%during the forecast period. The market development can be connected to the rising pervasiveness of chronic diseases, for example, cardiovascular diseases, neurological diseases, and cancer. Expanding interest for rapid-acting & efficient medications and presentation of innovative medication manufacturing offices are other key drivers evaluated to fuel development of this market over the figure time frame. Huge pharmaceutical players settling on API outsourcing from creating locales, for example, China, India, and Brazil are anticipated to give these districts potential development stage.
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Table of Contents:
5.Active Pharmaceutical Ingredients (API) Market, By Type of Synthesis
5.2.Global Active Pharmaceutical Ingredients (API) Sales, Revenue and Market Share by Type of Synthesis (2014-2018)
6.Active Pharmaceutical Ingredients (API) Market, By Type of Manufacturer
6.2.Global Active Pharmaceutical Ingredients (API) Sales, Revenue and Market Share by Type of Manufacturer (2014-2018)
7.Active Pharmaceutical Ingredients (API) Market, By Type
7.2.Global Active Pharmaceutical Ingredients (API) Sales, Revenue and Market Share by Type (2014-2018)
8.Active Pharmaceutical Ingredients (API) Market, By Type of Application
8.2.Global Active Pharmaceutical Ingredients (API) Sales, Revenue and Market Share by Type of Application (2014-2018)
8.5.CNS and Neurological Disorders
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia and Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
Synthesis Type Outlook and Trend Analysis:
Based on synthesis, the market sorted into synthetic and biotech. Different methodologies are implemented by the manufacturers relying upon the complexity of the required molecule. Synthetic APIs are composed with an organic chemistry base as opposed to biotech APIs, which are made using molecular methods. Biotech portion is additionally grouped into recombinant proteins, monoclonal antibodies, and vaccines.
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Manufacturer Type Outlook and Trend Analysis:
Based on manufacturer type, it is characterized into captive or in-house and merchant or outsourced APIs. As per the market estimates, captive APIs was the biggest fragment in 2015 and the trader APIs are foreseen to be the quickest developing section over the figure time frame.
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Application Outlook and Trend Analysis:
Cancer, neurological disorders, cardiovascular diseases and CNS, and endocrinal disorders are the major uses of API. Cardiovascular diseases commanded in 2015 inferable from its higher predominance rate and high measure of item accessibility. Heart diseases have been accounted for to be the main source of death in the U.S since numerous years.
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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