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Pharmaceutical API Manufacturing Market Report 2022 Market Size, Share, Demand, Growth Factors, Revenue And Forecast To 2031
Pharmaceutical API Manufacturing Market
The regions covered in the Pharmaceutical API Manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest Pharmaceutical API Manufacturing market share.
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The pharmaceutical active pharmaceutical ingredients (API) manufacturing market consists of sales of pharmaceutical active pharmaceutical ingredients and related services. Active pharmaceutical ingredients are used to produce drugs which treat various diseases such as cardiovascular diseases, rare genetic disorders, infections, metabolic disorders, cancers, respiratory diseases and others. Active pharmaceutical ingredient is a chemical which is responsible for the pharmacological activity in the living body and are used as a major base for preparation of drugs.
Key competitors in the Pharmaceutical API Manufacturing market include Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., Boehringer Ingelheim, PfizerInc., Aurobindo Pharma, Novartis AG, Dr. Reddy's Laboratories, Merck & Co.Inc., BASF SE., Bayer Healthcare, Mylan N.V., Albemarle Corporation, Actavis plc, Hospira Inc., Ranbaxy Laboratories.
The global pharmaceutical API manufacturing market size is expected to grow from $179.05 billion in 2021 to $195.29 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The pharmaceutical API manufacturing market is expected to reach $250.66 billion in 2026 at a CAGR of 6.4%.
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TBRC's report segments the global Pharmaceutical API Manufacturing market:
1) By Therapy Area: Cardiovascular Disorders, Metabolic Disorders, Neurological Disorders, Oncology, Musculoskeletal Disorders, NSAIDs, Other Therapeutics Uses
2) By API Type: Chemical API, Biological API
3) By Drug Type: Innovative Drugs, Generic Prescription, Over-The-Counter (OTC) Drugs
Read further on the Pharmaceutical API Manufacturing market here:
https://www.thebusinessresearchcompany.com/report/pharmaceutical-api-manufacturing-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Pharmaceutical API Manufacturing Market Characteristics
3. Pharmaceutical API Manufacturing Market Trends And Strategies
4. Impact Of COVID-19 On Pharmaceutical API Manufacturing Market
5. Pharmaceutical API Manufacturing Market Size And Growth
.....
27. Pharmaceutical API Manufacturing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pharmaceutical API Manufacturing Market
29. Pharmaceutical API Manufacturing Market Future Outlook And Potential Analysis
30. Appendix
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