Active Pharmaceutical Ingredients Demand in Orthopaedic Drugs: Managing Pain and Inflammation - Major Leaders are Pfizer Inc., Novartis AG, BASF SE.

The Global Active Pharmaceutical Ingredients Market reached USD 197.2 billion in 2022 and is expected to witness lucrative growth by reaching up to USD 313.7 billion by 2031. The global active pharmaceutical ingredients market is expected to exhibit a CAGR of 6.1% during the forecast period (2024-2031).

Active Pharmaceutical Ingredients Market is thoroughly examined in the DataM Intelligence study, offering a comprehensive analysis supported by robust statistics, historical data, and actionable insights. The report evaluates key industry players, analyzing their product portfolios, pricing strategies, financial performance, and expansion efforts. It provides a clear understanding of market dynamics, competitive positioning, and anticipated trends shaping the future of the industry.

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➠ Market Dynamics and Growth Factors:

☛ Increasing Geriatric Population to Propel Market Growth
The rising elderly population significantly contributes to the growing demand for healthcare services and insurance, as this demographic is more susceptible to chronic illnesses such as cardiovascular disease, cancer, type 2 diabetes, and arthritis. This heightened health risk drives the need for health insurance (HI) policies and advanced treatments tailored to aging individuals.

According to Eurostat, as of January 2022, the European Union's total population stood at approximately 446.7 million, with 21.1% aged 65 and older. This reflects a 0.3 percentage point increase from the previous year and a 3.1-point increase over the past decade. Additionally, a United Nations (UN) report forecasts that the global population aged 65 and above will double over the next 30 years, reaching 1.6 billion by 2050 accounting for over 16% of the global population. This demographic shift is expected to significantly drive market growth across various healthcare sectors.

☛ New Drug Launches and Regulatory Approvals to Accelerate Market Expansion
The introduction of new pharmaceuticals and biologics, along with strategic initiatives such as mergers, acquisitions, collaborations, and geographic expansion, are crucial factors enhancing market stability and growth.

For example, on November 1, 2023, Lonza a leading partner in the pharmaceutical, biotech, and nutraceutical sectors launched a new capsule technology designed to deliver acid-sensitive active pharmaceutical ingredients (APIs) directly to the intestine. The Capsugel® EnprotectTM capsule is engineered to bypass the stomach, releasing its contents in the gut and eliminating the need for additional coating or sealing processes, thereby streamlining drug manufacturing.

➠ List of the Key Players in the Active Pharmaceutical Ingredients Market:

Aurobindo Pharma, Teva Pharmaceutical Industries Ltd, Pfizer Inc., Novartis AG, BASF SE, Boehringer Ingelheim GmbH, Dr. Reddy's Laboratories Ltd, Lupin Ltd, Mylan NV, Sun Pharmaceutical Industries Ltd.

➠ Active Pharmaceutical Ingredients Industry Development:

✦ On June 14, 2023, C2 PHARMA, a leading manufacturer and supplier of ophthalmic and specialized active pharmaceutical ingredients (APIs), announced the approval of a C-Drug Master File (DMF) for Digoxin. The API is produced by Nobilus Ent, C2 PHARMA's manufacturing partner based in Poland.

✦ On November 18, 2022, Bajaj Healthcare Ltd successfully completed a pre-approval inspection by the U.S. Food and Drug Administration (USFDA) at its API manufacturing facility in Vadodara, Gujarat. The inspection concluded with zero Form 483 observations, signaling full compliance. Bajaj Healthcare specializes in manufacturing APIs, pharmaceutical intermediates, and formulations.

✦ On December 14, 2022, Eli Lilly and Company entered into a strategic partnership with EVA Pharma to ensure a sustainable and affordable supply of high-quality human and analogue insulin for over one million people living with type 1 and type 2 diabetes in low- to middle-income countries (LMICs), particularly across Africa.

➠ Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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➠ Segment Covered in the Active Pharmaceutical Ingredients Market:

By Type: Synthetic API, Biotech API.

By Nature: Generic API, Innovator API.

By Manufacturing type: Captive, Merchant.

By Application: Cardiovascular, Diabetes, Oncology, Orthopaedics, Neurology, NSAIDS, Others.

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

➠ Regional Analysis for Active Pharmaceutical Ingredients Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

➠ Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

➠ Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Active Pharmaceutical Ingredients market?

➠ Who are the global key manufacturers of the Active Pharmaceutical Ingredients Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Active Pharmaceutical Ingredients market opportunities and threats faced by the vendors in the global Active Pharmaceutical Ingredients Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Active Pharmaceutical Ingredients market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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