Top 20 Injectable Markets estimated to grow at Impressive CAGR of in the forecast period (2018-2025)

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Top 20 Injectable Markets is expected to inflate at impressive CAGR of by the forecast period (2018 – 2025).

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Highlights of the Report:
The report is based on an ongoing global study where 200 participants from across the world are being interviewed. The indicators used for evaluation include prescribers preference or visibility towards prescribing injectables in emergency or hospitalized condition (for long term follow ups usually orals are preferred unless patient is resistant to certain drugs (antibiotics)), preference of distributors (based on profit margin, demand/supply, incentives from companies, competition) and last but not least the consumer or the patient and his/her preference for injectable.

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Market Segments
It’s a documented scientific fact that routes of drug administration and the corresponding physicochemical characteristics of a given route play significant roles in therapeutic efficacy and short term/long term biological effects. Many physicians believe that among the various options available to them for drug delivery, oral delivery is the most attractive method, mainly due to its potential for solid formulations with long shelf life, sustained delivery, ease of administration and intensified immune response. However, there are many challenges in oral delivery such as efficacy, bio-availability and many more, which limit the oral drug delivery market. As a result, more and more drug manufacturers are entering the injectable market. Since there is high competition in this market, it is imperative that manufacturers and distributors understand the demand and supply gaps in each market before introducing their products. The report from Stratview Research, intends to help these manufacturers and rank the countries or markets based on parameters such as level of domestic competition, level of MNC competition, prescription preference of doctors, available technology, pricing and the supply and demand of injectable in key therapy areas.

Intravenous (IV), intramuscular (IM), intranasal (IN), intradermal (ID)/transdermal and oral administration are the main drug delivery routes. Injections are among the most common health care procedures throughout the world, with at least 16 billion administered in developing and transitional countries each year. Intravenous (IV), subcutaneous (SC), and intramuscular (IM) are the three most frequently used injection routes in medication administration. The market of injectables is expected to remain strong as most of the prescribers feel that “Strength” of injectable is more with rapid onset of action, while there are issues with oral medications such as poor intestinal absorption. There is also absence of effective oral medications.

Each market has its own pros and cons. The report divides the market into two – consumption market and manufacturing market. While some of the world’s best-known manufacturing and consumption markets are the USA, China, India and few more, the rest of the countries are preferred either for manufacturing or consumption. For e.g. Malaysia as a country offers lot of incentives to manufacturers who would like to set up their injectable plants in the country. Incentives such as PR status, tax rebate, infrastructure, affordable labor and easy approvals help the foreign players make a quicker move in the market, but in terms of consumption, it is still small market in APAC compared to India, China, Australia, Japan and Korea.

The report considers the demographics, trade pacts between nations, import and export capabilities as well as the politico-socio-economic stability of each market while ranking them in the top 20. While a lot of manufacturers have moved in North Africa and Central Africa due to cheap operations compared to China and India, a lot of them have started complaining about the instability of the region and since they have invested a hefty amount in their new business, moving out is not an easy option for them. This report on top 20 injectable markets shall help all the new and existing injectable manufacturers and raw material suppliers to look into the markets which are untapped.

The report studies companies such as AbbVie, Pyramid Laboratories Inc., Cironpharma (India), Italfarmaco SPA, Gerresheimer, Top-syringe, VICI AG International and more to understand their perspective when it comes to selection of market between consumption market and manufacturing market, pricing differences and perception about the market growth versus projected growth in next 5 years.

The report also touches topics such as raw material suppliers, types of syringes – gas/liquid/ specialized for HPLC, certifications required for manufacturing, compliances and other regulatory norms in major markets. The report covers local and global competition in markets such as China, India, Germany, USA, Spain, Mexico, France and Singapore.

Features of the Report
Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth

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