Branded Generics In Emerging Market Shares, Strategies and Opportunities 2028

The research report "Branded Generics In Emerging Market By Disease Indication (Cardiovascular Diseases, Diabetes, Cancer, Neurological Disorders, Gastrointestinal Diseases, Dermatology Diseases, and Others), By Route of Administration (Oral, Parenteral, Topical, and Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Drug Stores, and Online Pharmacies), and Geography- Global/Region/Country Forecast to 2028." The global branded generics in emerging market size was estimated at USD 250.7 Bn in 2021, growing at a CAGR rate of 6.3% during the forthcoming years 2022-2028.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on "Global Branded Generics In Emerging Market By Disease Indication (Cardiovascular Diseases, Diabetes, Cancer, Neurological Disorders, Gastrointestinal Diseases, Dermatology Diseases, and Others), By Route of Administration (Oral, Parenteral, Topical, and Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Drug Stores, and Online Pharmacies), and Geography- Global/Region/Country Forecast to 2028."

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An overview on the Global Branded Generics in Emerging Market:
The growing demand for affordable and high-quality medicines in emerging economies and local government's initiative improve healthcare access by means of building healthcare infrastructure and price rules paving the way for branded generics, which enjoys loyalty from bigger stakeholders. In addition, increase in the chronic illnesses and the mixed demographic profile increasing the demand for high-quality branded drugs in emerging economies. But, key players require understanding affordability and the unique challenge of access in the region to survive in the present market competition and to obtain a lasting strategy.

Vast market opportunities and increase in out-of-pocket healthcare expenditure anticipated to fuel the revenue market growth importantly. In the leading economies such as Brazil, India and China, the healthcare spending is high as of total private healthcare expenditure which is likely to impact the growth of market positively over the forthcoming years. For example, Out-of-pocket health expenditure in China and India were 89.2% and 72.3% in 2014 correspondingly according to the World Bank global health expenditure database. In addition, numerous economies in emerging markets witnessing increasing middle-class and increase in incomes which is anticipated to create growing demand for branded generics in the emerging economies. Furthermore, emerging economies witness more than 50% of branded generics sales around the globe, which assists the multinational and local pharmaceutical companies to take advantage of the ever-growing market opportunities in the region.

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Asia Pacific witnessed major share in the Global Branded Generics in Emerging Market:
Asia Pacific region is dominating the branded generics market in emerging market in terms of revenue in 2016 and anticipated to remain leading in the market around the evaluation time span because of the factors such as growing middle-class population, high out-of-pocket healthcare expenditure and growing prevalence of chronic illnesses.

Asia-pacific region leads the branded generics market in emerging market in terms of revenue in 2016 and projected to remain dominant across the forecast period owing to high out-of-pocket healthcare expenditure, rising prevalence of chronic diseases, and growing middle-class population. Latin America presented better growth opportunities for the market players.

Competitive Analysis - Global Branded Generics in Emerging Market:
A few major players operating in the global branded generics in emerging market are Abbott Laboratories (U.S.), Apotex Inc. (Canada), AstraZeneca (U.K), CSPC Pharmaceutical Group Limited. (China), GlaxoSmithKline plc (U.K), Mylan N.V. (U.S.), Novartis AG (Switzerland), Pfizer Inc. (U.S), Sanofi (France) and Sun Pharmaceutical Industries Ltd. (India).

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