Press release
Sterile Injectables Market 2026: Baxter International Inc., Fresenius Kabi, Pfizer, Inc., Novartis/Sandoz, Teva Pharmaceutical Industries Ltd., Hikma Pharmaceuticals, Sun Pharmaceutical Industries Ltd., Dr. Reddy’s, Mylan N.V., AstraZeneca Plc, and Merc
Sterile Injectables Market is expected to have a highly positive outlook for the next five years 2018–2026 according to a recently released Sterile Injectables Market research report. The report has been added in his large database by Coherent Market Insights.”The major takeaways in the report are product segment analysis, application segment analysis, regional segment analysis and data of the major Sterile Injectables Market players from around the world. The report presents an introductory as well as detailed information about the Sterile Injectables Market through a well-organized layout divided into easy to understand chapters.
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Key market players are undergoing strategic mergers, acquisitions, and collaborations in order to maintain leading position in global market and to tap the developing market. Baxter International completed acquisition of Claris injectable in 2017, which would expand footprint of Baxter in the global market and help company to leverage strength of Claris in developing market. Baxter International Inc. also entered into agreement with India-based Dorizoe Lifesciences in 2017, under which they would develop more than 20 generic injectable products to target infectious disease, oncology, and cardiovascular disease. This deal would combine manufacturing and distribution leadership of Baxter with research expertise of Dorizoe Lifescience. In September, 2017, Fresenius Kabi acquired the biosimilar business of Germany-based Merck KGgA. In 2015, Pfizer, Inc. acquired Hospira, Inc. which is one of biggest players in generic injectable market.
Furthermore, off patenting of the major blockbuster biologic injectable drugs is creating opportunity for development of new generic injectable products into the market, owing cost-effective advantage offered by generic products. For instance, leading branded drugs such as Remicade, Humira, Cancidas, Invanz, and Cubicin, which were used for various indication went off patent in 2017.
Market Dynamics
Accessibility of broader treatment therapy choice and growing prevalence of chronic illnesses prominently cancer globally is likely to fuel market demand for sterile injectables s over the forecast period. The high demand for sterile injectables is also driven by a large number of drug manufacturers/producers concentrating on developing drugs to treat cancer. Fast-track regulatory approvals of sterile injectables and minimization of approval timelines for innovative drug development to cure cancer is indirectly helping accelerate the drug supply and is significantly fueling growth of the global sterile injectables market. High operative costs and abrupt termination of injectables drugs for cancer treatment is expected to hamper revenue growth of the market across the globe.
Key players operating in the generic sterile injectables market include;
- Baxter International Inc.
- Fresenius Kabi.
- Pfizer, Inc.
- Novartis/Sandoz.
- Teva Pharmaceutical Industries Ltd.
- Hikma Pharmaceuticals.
- Sun Pharmaceutical Industries Ltd.
- Dr. Reddy’s, Mylan N.V.
- AstraZeneca Plc.
- Merck & Co., Inc.
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Detailed Segmentation:
By Molecule Type :
Large Molecules
Small Molecules
By Drug Type:
Monoclonal Antibodies (mAbs)
Cytokines
Insulin
Peptide Hormones
Vaccines
Immunoglobulins
Blood Factors
Peptide Antibiotics
Others
By Therapeutic Application:
Cancer
Diabetes
Cardiovascular Diseases
Central Nervous Systems
Infectious Disorders
Musculoskeletal
Others
By End User:
Hospitals
Drug Stores
Pharmacies
Online Pharmacies
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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