Press release
US Generic Injectables Market 2021 Research and Clinical Analysis - Novartis, Merck & Co., Pfizer, AstraZeneca Plc, Baxter International Inc, Dr. Reddy's
The US Generic Injectables Market Research Report 2021-2026The “US Generic Injectables” Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global US Generic Injectables Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture and specification, capacity, production, price, cost, revenue, and contact information. The US Generic Injectables Market report provides an in-depth study of SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization.
The US Generic Injectables Market is expected to grow at a CAGR of 6.8% during forecast period (2021-2026).
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Top Key Players in the Global US Generic Injectables Market are Novartis, Merck & Co., Pfizer, AstraZeneca Plc, Baxter International Inc, Dr. Reddy's, Sun Pharmaceutical Industries Ltd, Hikma Pharmaceuticals, Teva Pharmaceutical Industries Ltd, Mylan N.V, Fresenius Kabi, and others.
Market Overview:
The US generic injectables market reached a value of US$ 13.7 Billion in 2020. Generic injectables refer to bioequivalents of branded drugs that are not protected by patents. They are used for rapidly transporting the drug into the body, bypassing the first-pass metabolism. Since they have a similar quality, dosage, strength, effect and active ingredient, generic injectables are as safe and effective as innovator injectables. They are widely used in the United States on account of the rise in the prevalence of lifestyle ailments due to sedentary lifestyles, non-nutritive diet and aging population. They are utilized in the treatment of diseases such as cancer, diabetes, osteoporosis, osteoarthritis, rheumatoid arthritis, respiratory and cardiovascular disorders.
The US is witnessing a rise in the demand for generic injectables on account of increasing investment by the US Government for the development of generic drugs. It is focusing on promoting generic injectables to reduce healthcare expenditure in the country. Further, drug shortages in confluence with speedy approvals by the USFDA are expected to boost the manufacturing of these drugs. Moreover, several branded injectables firms are also anticipated to lose their patient protection in the upcoming years, thereby offering numerous remunerative opportunities to the generic injectables manufacturers.
Investigator Observers Strong Growth in Specific Regions:
– North America (United States, Canada, Mexico)
– Europe (Germany, UK, France, Italy, Spain, Russia)
– Asia-Pacific (China, Japan, South Korea, Australia, India)
– South America (Brazil, Argentina, Columbia)
– The Middle East and Africa (UAE, Egypt, South Africa)
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Important Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of US Generic Injectables Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
Frequently Asked Questions about US Generic Injectables market:
– Who are the key players operating in the US Generic Injectables market?
– Which is the leading segment in the market?
– At What CAGR is the market projected to grow in the forecast period (2021-2026)?
– What is the key factor driving the market?
– Which data rates would lead the market during the forecast period?
– Which region is expected to dominate the US Generic Injectables market in the next five years?
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