openPR Logo
Press release

IoT (Internet Of Medical Things) To Be The Buzzword For NSAID API Market

08-22-2022 07:31 AM CET | Health & Medicine

Press release from: Persistence Market Research

IoT (Internet Of Medical Things) To Be The Buzzword For NSAID API

An Active Pharmaceutical Ingredient (API) is a bulk drug used as an ingredient in a dosage form. Nonsteroidal anti-inflammatory drugs (NSAIDs) are a class of drugs that group together drugs that provide analgesic (analgesic) and antipyretic (reducing fever) effects and, at high doses, anti-inflammatory effects.

Get Sample Copy of This Report @

The term nonsteroidal distinguishes these drugs from steroids, which have similar eicosanoid inhibitory, anti-inflammatory properties, among a wide range of other effects. Good quality APIs are essential for effective and safe pharmaceutical manufacturing. The growing geriatric pool is driving the demand for different types of drugs, which in turn is leading to surging demand in the NSAID API market. However, not all pharmaceutical companies have their own API manufacturing capabilities. Moreover, no single company can produce all the APIs required for an official product.

The rapid penetration of technology and other developments in the medical field, resulting in improved access to healthcare, has resulted in increased drug consumption, which has had a direct positive impact on the NSAID API market.

In addition, growing medical budgets in developed and developing countries are also contributing significantly to drive sales of NSAID API market. It is also expected that the application of this substance will increase as Indian manufacturers of active pharmaceutical ingredients comply with US FDA norms.

Request Table of Contents @

NSAID API Market: Segmentation
By product type
• paracetamol
• ibuprofen
• aspirin
• Naproxen
• Etc

By manufacturing process
• captive manufacturing
• contract with the manufacturer

By drug type
• brand prescription drugs
• generic prescription drugs

The global pharmaceutical industry has been hit hard by the patent expiry of blockbuster drugs over the past few years. However, this has fueled a surge in demand for low-cost alternatives worldwide, which has fueled NSAID API manufacturing. Approval of biosimilars in Europe added to total NSAID API market revenue.

Advances in production technology have made it possible to produce biosimilars that are not exact copies of innovative drugs but are comparable in terms of safety and efficacy. Europe has been a leader in biosimilar approval, and the WHO has also set guidelines for lines similar to those set by the European Union. Regulatory pathways are evolving in the biosimilar sector in several countries, which represents a huge market opportunity ahead of biopharmaceutical companies.

Access Full Report @

Geographically, the market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America dominated the global NSAID API market due to high demand for APIs in drug formulations and R&D programs in the region.

The region is expected to continue to dominate over the next few years as the US' high health care costs increase preference for generic drugs. Among other regions, Asia Pacific is the next largest market for APIs. The region is home to a large number of generic drug manufacturers, making it one of the most attractive markets.

Players in the NSAID API market include Aurobindo Pharma, Boehringer Ingelheim Group, Cambrex Corporation, Dr. Reddy's Laboratories, Ltd., BASF SE, Hospira, Inc., Lonza Group, Mylan, Inc., Novartis AG, Pfizer, Inc. , Sandoz (Novartis AG), Teva Pharmaceutical Industries Ltd., Actavis Plc, Wuxi Apptec and Zhejiang NHU Co., Ltd. Currently, these companies are focused on working with other companies to acquire new product lines to add value. portfolio. Companies are also expected to focus on expanding their capabilities to meet the vast unmet medical needs of the world.

Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales -
Website -

About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release IoT (Internet Of Medical Things) To Be The Buzzword For NSAID API Market here

News-ID: 2710903 • Views: 401

More Releases from Persistence Market Research

Flavored and Functional Water Market to Record CAGR of 11.5% Increase in Revenue …
As per a revised analysis by Persistence Market Research, the global flavored and functional water market is valued at US$ 36.7 Bn, and is expected to reach a value of US$ 121 Bn in 2031, registering a CAGR of 11.5% over the same period. Increasing obesity rate, rising aging population and changing consumer preferences are the major growth drivers for the global flavored and functional water market. Growing health concerns is
Sports Equipments Market Top Resulting Outlook
The global sports equipment market was valued at US$ 84 Bn in 2021, and is expected to surge at a healthy CAGR of more than 7% through 2031 to reach a market worth of US$ 168 Bn. The global sports equipment market has been witnessing considerable growth over the last few years. Increasing participation in sports activities, growing consumer awareness about health and fitness, and emergence of e-commerce are some of
The Viral Vector Manufacturing Market to evolve on a distilled note through AI, …
Molecular biologists commonly use tools known as viral vectors for delivering genetic materials into cells. The specialized molecular mechanisms are evolved by viruses for efficient transport of their genomes inside the cells that are infected by them. With the process of transduction, vectors deliver genetic materials or genes into the cell. Viral vectors known as vehicles in diverse therapeutic areas owing to their effective contribution for genetic material transfer to the
The Single-Cell Analysis Market to go the augmented reality ways, reaching US$ 2 …
The global single-cell analysis market was valued at US$ 3.30 Billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 20% from 2022 to 2032. The rising prevalence of cancer worldwide and rapid development of technologies have cascaded huge investments from life sciences companies and government funding initiatives for research activities. The research and development (R&D) in the field of medical and clinical diagnostics, the

All 5 Releases

More Releases for API

API Testing Market (API Testing Software/Tools and API Testing Services), Global …
Application Programming interface (API) is the center of development, transferring data and logic across systems and applications. API is the connecting tissue between different systems or layers of an application. It enables communication and data exchange between two separate software systems. It contains a set of routines, protocols, and tools for building software applications APIs also specify how one software program should interact with other software programs. API testing tools
API Management Market Report 2018: Segmentation by Solution (API Portal, API Gat …
Global API Management market research report provides company profile for Akana, Inc. (U.S.), Apiary, Inc. (U.S.), Axway, Inc. (France), CA Technologies, Inc. (U.S.), Cloud Elements, Inc. (U.S.), Dell Boomi, Inc. (U.S.), DigitalML (U.S.), Fiorano Software, Inc. (U.S.), Google, Inc. (U.S.), Hewlett-Packard Enterprises Co. (U.S.), IBM Corporation (U.S.), Mashape Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical
Telecom API Market: OTT Service Providers Continue Cutting into Telecom API Prof …
The highly fragmented market of telecom API holds a staggering number of service providers and aggregators that are already offering their APIs to various telecom carriers. Alcatel Lucent, Apigee Corp., and Fortumo OU were the leading providers of telecom API from a global perspective in 2014. Telecom carriers have partnered with them and other prominent players in the past to launch APIs in the market. According to Transparency Market Research’s latest
Small Molecule API Market Growth Drivers 2018 | by Types Synthetic/Chemical API, …
Complete Study of Small Molecule API Market Research Report is added on with Latest Advancement. Detail analysis on possible segments and sub segments of the Small Molecule API Market. Along with this regional analysis of the market which includes North America, Europe, Asia Pacific and Middle East and Africa. Global Small Molecule API Market – Overview Development in the small molecule API can be attributed due to the growth observed in
Parasoft Revolutionizes API Testing with New SOAtest Smart API Test Generator
Parasoft, the global leader in automated software testing, announced today the release of the Parasoft SOAtest Smart API Test Generator. This innovative technology uses artificial intelligence to convert manual UI tests into automated API tests, lowering the technical skills required to adopt API testing. By leaning on smart technology to perform the heavy lifting, it’s easier for organizations build and scale a comprehensive API testing strategy, which until now has
Open API Market - Cloud Computing Platforms Improve Scope of Telecom API Usage
The highly fragmented market of telecom API holds a staggering number of service providers and aggregators that are already offering their APIs to various telecom carriers. Alcatel Lucent, Apigee Corp., and Fortumo OU were the leading providers of telecom API from a global perspective in 2014. Telecom carriers have partnered with them and other prominent players in the past to launch APIs in the market. Obtain Report Details @ According