Bulk Drug Market By Product and Service, By Application, By End User and Region: Global Industry Analysis, Share, Opportunity, Competition and Forecast 2022 to 2027
The Global Bulk Drug Market Size is Projected to Reach at a CAGR of 23% during 2022-2027.
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Top Leading Companies:
Teva, Novartis, Pfizer, Johnson & Johnson, Mylan, North China Pharmaceutical Group, Dr. Reddys Laboratories, Roche, Aurobindo pharma, Sun Pharmaceutical Industries, Boehringer Ingelheim GmbH, Bayer, BASF, DSM, Zhejiang Medicine, Biocon, Johnson Matthey, Hisun Pharmacy, Cambrex, Shandong Xinhua Pharmaceutical, Lonza group, Huahai Pharmaceutical, Haerbin Pharmaceutical Group
For instance, in 2019, Biocon and Mylan jointly launched a cancer drug called Ogivri, a biosimilar to Herceptin, in the United States. Herceptin is a biologic therapeutic used for the treatment of all types of breast cancers and metastatic stomach cancers (gastric or gastroesophageal junction adenocarcinoma).
In November 2020, Genesis Therapeutics entered AI-driven, multi-target drug discovery partnership with Genentech. The collaboration leverages Genesis’ graph machine learning and drug discovery expertise to identify innovative drug candidates for therapeutic targets in multiple disease areas.
In January 2020, Bayer entered a collaboration agreement with artificial intelligence drug discovery company Exscientia, to identify and optimize novel lead structures for potential drug candidates in treating cardiovascular and oncological diseases.
Bulk Drug Market Segmentation by Type:
Bulk Drug Market Segmentation by Application:
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North America is Expected to Hold the Largest Market Share Over the Forecast Period
North America leads the world in terms of R&D spending on pharmaceuticals. It is also the largest market for bulk drugs and finished dosage formulations. The market operates as a free economy, which is designed to implement transparent trade practices and restrict anti-competitive practices. A major push for generic drugs and biosimilars is expected to boost the demand for speciality and complex ingredients, over the forecast period. Furthermore, the country has great opportunities for biosimilars, as biologics carry a higher prices. the US market is estimated to become one of the major competitors of biosimilars. The key products in the US market are Remicade, Enbrel, Rituximab, Adalimumab, Infliximab, Etanercept, Darbepoetin Alpha, etc. Hence, owing to the aforementioned factors, the market is estimated to witness high growth over the forecast period.
Regional Bulk Drug Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Bulk Drug Market Report:
Detailed overview of Bulk Drug Market
Changing the Bulk Drug market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Bulk Drug market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Bulk Drug Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Bulk Drug Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Bulk Drug industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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