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Generic Injectables Market Trends, Segmentation, Growth, Analysis and Forecast 2023-2029

11-26-2024 06:31 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Generic Injectables Market Trends, Segmentation, Growth,

The global generic injectables market is anticipated to grow at a significant CAGR during the forecast period. The major factors that are expected to accelerate the growth of the market during the forecast period include the advantages offered by generic injectables and favorable governments initiatives are supporting the growth of the market. Moreover, an increase in drug shortages, especially in the US, along with patent expiry of a number of blockbuster drugs, aging population, and rising prevalence of chronic as well as lifestyle diseases, are some of the other factors that are anticipated to boost the growth of the market during the forecast period. Injectable usually refers to a drug delivery system and acts as an alternative to oral drugs. The generic injectable is a pharmaceutical drug with the same active ingredient as the innovator drug and is equivalent to it in terms of route of administration, intended use, performance, strength, dosage, and side effects.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/generic-injectables-market

The manufacture of generic injectables is feasible only on the expiration of the patent of innovator injectables. Generic injectables are bio-equivalent of their branded counterparts which are not protected by drug patents. They are as safe and effective as the innovator drugs since they have a similar active ingredient, dosage, strength, quality, and form. Although the manufacturing of generic injectables is complex, their R&D cycle is cost-effective and shorter. Unlike branded drug manufacturers who spend millions of dollars on R&D and marketing, generic drug manufacturers do not require such investments. Moreover, the number of competitors in the generic injectables market is lower as compared to oral generics, resulting in limited price erosion and significantly higher profit margins.

Market Coverage

The market number available for - 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered
Regions Covered- Globally

Competitive Landscape: Pfizer Inc., AstraZeneca plc, and Hikma Pharmaceuticals plc, among others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?

o          Recovery Timeline

o          Deviation from pre-COVID forecast

o          Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Generic Injectables Market Report by Segment

By Therapeutic Area

Oncology
Anesthesia
Anti-Infectives
Parenteral Nutrition
CVD

By Distribution Channel

Hospitals
Retail Pharmacy

A full report of Generic Injectables Market is available at: https://www.omrglobal.com/industry-reports/generic-injectables-market

Generic Injectables Market- Segment by Region

North America          

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific   

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Pfizer Inc.
AstraZeneca plc
Hikma Pharmaceuticals plc

Reasons to Buying From us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari

Email: anurag@omrglobal.com

Contact no: +91 780-304-0404

Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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