Press release
UK API Market Industry Size, Share, Growth and Forecast To 2025
UK API market is estimated to witness a growth rate of around 6.0% over the period of 2019-2025. UK has a significant market for API in Europe in 2018. The country invests more in R&D in pharmaceutical industry than any other industry. As per the Association of British Pharmaceutical Industry, UK spent around 33.2% of total R&D expenditure on the pharmaceutical industry in 2016. Private companies spending more than the government on research; public-private investment also plays an important role in market growth of API in the country.Get Free Sample Copy @ https://www.omrglobal.com/request-sample/uk-api-market
UK API market is segmented on the basis of type, type of synthesis, manufacturer type, therapeutics, and region. On the basis of type, the market is divided into a generic API and branded API. The branded API segment is estimated to be the dominant segment over the forecast period. On the basis of the type of synthesis, the market is classified into biotech API, synthetic API, and others. The synthetic API segment held the dominant position in UK API market.
A Full Report of UK API Market is Available at:https://www.omrglobal.com/industry-reports/uk-api-market
Some of the prominent players that contribute significantly in the market include Teva Pharmaceutical Industries Ltd., Sanofi SA, Novartis International AG, Boehringer Ingelheim International GmbH, and others. Further, companies such as AbbVie, Inc., AstraZeneca, PLC, GlaxoSmithKline, PLC, and Mylan N.V., is committed to developing innovative cost-effective vaccines, which will also contribute to the growth of the market. Increasing demand for personalized treatments, the rise of new manufacturing technologies, and the trend of digital medicines are some of the primary growth factors for the pharmaceutical industry growth in UK.
Market Segmentation
UK API Market by Type
General API
Branded API
UK API Market by Type of Synthesis
Biotech API
Synthetic API
Others (High Potency API)
UK API Market by Therapeutics
Cardiovascular Drugs
Oncology Drugs
Neurology Drugs
Non-Steroidal Anti-Inflammatory Drugs (NSAIDs)
Others (Orthopedic Drugs)
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