|09-18-2018 04:13 PM CET - Health & Medicine||
Branded Generics Market Future Prospects in 2018 With Global Analysis, Company Profile, Comprehensive Study of Allergan, Novartis, Cipla, Lupin Pharmaceuticals, Mylan, Teva Pharmaceuticals, Abbott, Novartis, STADA, Aurobindo Pharma, Allergan, Sun Pharmace
Press release from: Data Bridge Market Research
Based on the Generics industrial chain, this report in the main elaborate the definition, types, applications and major players of Branded Generics market in details. Deep analysis regarding market standing (2015-2018), enterprise competition pattern, benefits and downsides of enterprise product, business development trends (2018-2025), regional industrial layout characteristics and economic science policies, industrial policy has even be enclosed. From raw materials to downstream consumers of this business are going to be analyzed scientifically, the feature of product circulation and sales channel are going to be conferred further. In a word, this report can assist you to determine a panorama of business development and characteristics of the Branded Generics market.
The Branded Generics market report contains data for historic years 2015, the base year of calculation is 2017 and the forecast period is 2018 to 2024. The Market accounted to USD 190.3 billion in 2016 growing at a CAGR of 7.5% during the forecast period of 2017 to 2024.
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Forecasting Analysis on Global Branded Generics Market By Formulation Type (Oral, Parental, Topical), By Therapeutic Application (Oncology, Cardiovascular, Diabetes, Neurology, Gastrointestinal, Dermatology, Analgesics and Anti-inflammatory), By Category (Simple Generics, Super Generics, Biosimilars), By Drug Class (Alkylating Agents, Antimetabolites, Hormones, Anti-Hypertensive, Lipid Lowering Drugs, Anti-Depressants, Anti-Psychotics, Anti-Epileptics, Others) By End User (Hospital, Clinic, Ambulatory Center), By Geography.
Branded generics are off-patent drugs are bioequivalent to the original product which are marketed under other company’s brand name. the products offer value to patients and healthcare professionals preferring branded drugs. Some of the major players operating in branded generics market are
· Teva Pharmaceutical Industries Ltd.,
· Novartis International AG.,
· Mylan N.V.,
· Abbott Healthcare Pvt Ltd.,
· Actavis pharmaceuticals,
· Sun Pharmaceutical Industries Limited,
· STADA Arzneimittel,
· Lupin Pharmaceuticals,
· Aspen Pharmacare Holding,
· Dr. Reddy’s,
· Novartis AG,
· Pfizer ,
Others: Eva Pharmaceutical Industries , Abbott Laboratories, Valeant Pharmaceuticals International among others
The Branded Generics Market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. The major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The branded generics market is highly fragmented and is based on new product launches and clinical results of products.
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Major Market Drivers and Restraints:
Increase in the number of patent expiration of branded drugs
Increasing incidences of chronic diseases
Limited availability of generic drugs
Branded Generics Market Segmentation
· By formulation type the market for branded generics market is segmented into oral, parental, topical. By therapeutic application the branded generics market is segmented into
o analgesics and anti-inflammatory.
· On the basis of drug class the market is segmented into alkylating agents, antimetabolites, hormones, anti-hypertensive, lipid lowering drugs, anti-depressants, anti-psychotics, anti-epileptics, others. By category the market is segmented into simple generics, super generics, biosimilars.
· On the basis of end-users the branded generics market is segmented into hospital, clinic, and ambulatory center.
· On the basis of geography, branded generics market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
· Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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