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Mid-Size Pharmaceutical Market: Drivers, Trends, and Opportunities Ahead
Mid-Size Pharmaceutical Market
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The mid-size pharmaceutical market size is projected to reach US$ 1,224.039 billion by 2031 from US$ 732.02 billion in 2023. The market is expected to register a CAGR of 8.9% during 2023-2031. Greater focus on R&D will likely remain a key trend in the market.
Key Drivers
Rising chronic disorders like diabetes and cardiovascular issues fuel demand for ongoing treatments, as aging populations worldwide seek reliable care. Urban lifestyles contribute to higher obesity and related health challenges, prompting governments to boost healthcare investments. Product approvals and launches by companies like Eisai and Sun Pharmaceutical highlight how innovation keeps these firms competitive.
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Emerging Trends
A shift toward patient-centric care emphasizes personalized medicine and AI integration for better drug development and outcomes. Over-the-counter options, tablets, and outsourced development dominate, with diabetes therapies leading due to their widespread need. Sustainability efforts and digital tools like telemedicine are gaining traction, helping mid-size players expand globally.
Market leaders and key company profiles
• DAIICHI SANKYO COMPANY LIMITED;
• Eisai Co., Ltd.;
• Regeneron Pharmaceuticals, Inc;
• Bausch Health Companies Inc.;
• Sun Pharmaceutical Industries Ltd;
• Alexion Pharmaceuticals, Inc.;
• Mallinckrodt;
• Endo Pharmaceuticals Inc.;
• Les Laboratories Servier;
• UCB S.A.
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Growth Opportunities
Healthcare startups partnering with pharma innovators open doors for new technologies and market entry. Regions like North America benefit from advanced infrastructure, while Asia-Pacific surges with rising healthcare access. Strategic mergers, such as Regeneron's acquisition moves, enable portfolio diversification and faster innovation.
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Website: www.theinsightpartners.com
Phone: +1-646-491-9876
About The Insight Partners
The Insight Partners is a leading provider of actionable market research and consulting. The Market report delivers comprehensive market sizing, trends, competitive analysis, and strategic insights to help stakeholders make informed decisions in a rapidly evolving environment.
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