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Drug Formulation Market Analysis 2023-2032: Analysis, Size, Share And Trends | AstraZeneca PLC, The Bristol-Myers Squibb Company, Eli Lilly and Company, Gilead Sciences Inc., Merck & Co. Inc
Drug Formulation Market
Drug Formulation Market Size, Growth Rate, And Forecast
The global drug formulation market size is expected to grow from $1,640.73 trillion in 2022 to $1,780.87 trillion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global drug formulation market size is expected to reach $2,444.87 trillion in 2027 at a CAGR of 8.2%.
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Drug Formulation Market Drivers
The rising prevalence of chronic diseases is expected to propel the growth of the drug formulation market going forward. Chronic diseases can be defined as conditions that last 1 year or more and require ongoing medical attention, limit activities of daily living, or both.
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Drug Formulation Market Segments
1. By Dosage Form: Oral formulations, Parenteral Formulations, Topical Formulations, Inhalation Formulations.
2. By Formulation: Tablets, Capsules, Injectable, Sprays, Suspensions, Powders, Other Formulations.
3. By Therapy Area: Cardiovascular Diseases (CVDs), Pain, Diabetes, Cancer, Respiratory Diseases, Other Diseases.
4. By End-User: Big Pharma, Small And Medium Pharma, Biotech Companies.
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Drug Formulation market.
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Drug Formulation Market Key Players
Major competitors in the Drug Formulation market include AstraZeneca PLC, The Bristol-Myers Squibb Company, Eli Lilly and Company, Gilead Sciences Inc., Merck & Co. Inc., Novartis AG, Pfizer Inc.
The Business Research Company's "Global Drug Formulation Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Drug Formulation Market Include:
1. Executive Summary
2. Drug Formulation Market Characteristics
3. Drug Formulation Market Trends And Strategies
4. Drug Formulation Market - Macro Economic Scenario
5. Drug Formulation Market Size And Growth
……
26. Africa Drug Formulation Market
27. Drug Formulation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Drug Formulation Market
29. Drug Formulation Market Future Outlook and Potential Analysis
30. Appendix
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