Press release
Global Generic Injectables Market Comprehensive Industry Analysis, Size, Key Trends, and Forecast up to 2032 || Baxter International Inc., Sanofi SA, Novartis AG, GSK plc., AstraZeneca plc
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Generic Injectables Global Market Report 2023 the rising prevalence of cancer and cardiovascular diseases as the major driver for the generic injectables market's growth in the forecast period. For instance, in September 2022, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations, there were 41 million deaths, which is 74% of those caused by noncommunicable diseases (NCDs) or chronic diseases every year globally were 17.9 million deaths are from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths are from diabetes.
The global generic injectables market size is expected to grow from $94.86 billion in 2022 to $109.42 billion in 2023 at a compound annual growth rate (CAGR) of 15.3%. 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 generic injectables market size is expected to reach $184.41 billion in 2027 at a CAGR of 13.9%.
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Major competitors in the generic injectables market are Baxter International Inc., Sanofi SA, Novartis AG, GSK plc., AstraZeneca plc., Fresenius SE & Co. KGaA, Johnson & Johnson, Merck & Co Inc., Sun Pharmaceutical Industries Limited, Biocon Limited, Lupin Limited, Dr. Reddy's Laboratories, Teva Pharmaceutical Industries Ltd., Cipla Limited, Aurobindo Pharma Ltd., Samsung Biologics Co Ltd., Piramal Pharma Limited (PPL), Amgen Inc., and Bristol-Myers Squibb Company.
A key trend in the generic injectables market includes product innovations. Major companies operating in the generic injectables market are advancing generic injectables to sustain their position in the market. For instance, in April 2022, Dr. Reddy's Laboratories, an India-based pharmaceutical company, launched Treprostinil Injection in the U.S. market.
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The Generic Injectables market is segmented -
The global generic injectables market is segmented -
• By Product Type: Monoclonal Antibodies, Cytokines, Insulin, Vaccines, Other Products
• By Container Type: Vials, Ampoules, Premix, Prefilled Syringes, Other Containers
• By Route Of Administration: Intravenous, Intramuscular, Subcutaneous, Other Routes Of Administration
• By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Drug Stores, Online Prescription Stores
• By Application: Oncology, Diabetes , Infectious Diseases , Blood Disorders , Musculoskeletal Disorders , Hormonal Disorders , Pain Management , CNS Diseases , Cardiovascular Diseases
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the generic injectables market
The Business Research Company's "Global Generic Injectables Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Generic Injectables Market Include:
1. Executive Summary
2. Generic Injectables Market Characteristics
3. Generic Injectables Market Trends And Strategies
4. Generic Injectables Market - Macro Economic Scenario
5. Generic Injectables Market Size And Growth
……………
27. Generic Injectables Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Generic Injectables Market
29. Generic Injectables Market Future Outlook And Potential Analysis
30. Appendix
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