US Generic Drug Market Sales Revenue Opportunity Report 2020

Advent of generic medicine in US market is few decades old and its roots could be traced back to the Drug Price Competition and Patent Term Restoration Act of 1984. It is also known as Hatch-Waxman Act which paved the path for generic drugs in US. No proper guidelines were available in US before introduction of this law. Generic drug makers have to go through ordeal before this law was applied. Its implications are wide and numerous that has helped in shaping present US generics drug market. It has helped in both government’s spending on healthcare system and relieving burden on patient’s financial expenditure. It has also helped in development of global generic pharmaceuticals industry. Several developing nations have been able to take part of these regulations in past years due to which US generic drugs market has increased several folds.

Download Report:

https://www.kuickresearch.com/report-US-Generic-Drug--Market-Opportunity-Outlook-2020.php

For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990

"US Generic Drug Market Opportunity Outlook 2020" Table of Contents

1. Introduction to US Generic Drugs Market

2. Hatch-Waxman Act & Its Implication
2.1 Premises of Hatch-Waxman Act
2.2 Benefits of Hatch-Waxman Act
2.3 Differential Measures in Hatch-Waxman Act

3. FDA Review on Generic Drugs

4. US Generic Drugs Market Overview

5. Supportive Features of US Generic Drug Laws
5.1 Features Considered by Generic Drug Developers
5.2 Factors Leading to Market Introduction of Generic Drugs

6. Patient Protection & Affordable Care Act (PPACA)
6.1 Objectives of Patient Protection & Affordable Care Act (PPACA)
6.2 Affordable Care Act & Savings on Generic Drug
6.3 Pharmacy Benefit Manager (PBM)
6.3.1 Pharmacy Networks
6.3.2 Mail Service Pharmacies
6.3.3 Health Information Technology (HIT)
6.4 Impact on Medicare Beneficiaries

7. Advancements in US Generic Drugs Market
7.1 Electronic Submission for Improved Processivity
7.2 Generic Drug User Fee Amendments (GDUFA) Fees
7.3 Fair Access for Safe & Timely Generics Act

8. Business Strategies of Branded & Generic Drug Manufacturers in US
8.1 Outsourcing of Research & Development
8.2 Merger & Acquisition by Branded Drug Companies
8.3 Marketing of Branded Drug in Generic Market
8.4 Monopoly in Generic Drug Manufacturing
8.5 Outsourcing Manufacturing to Emerging Countries

9. Methods to Achieve Higher Cost Arbitrage by Generic Drugs
9.1 Health Insurance Plans
9.2 Automatic Generic Substitution
9.2.1 Measures Taken for Generic Substitution
9.2.2 Counter Arguments against Generic Substitution
9.3 Cost Saving Plans by Retail Chains
9.4 Innovative Methods to Save Money on Generic Drug Prescription

10. Market Scenario of Branded & Generic Drugs in US

11. Effect of Generic Drug Import on US Economy
11.1 Why US Needs Generic Drug Import?
11.2 Factors Favoring Increase of Generic Drug Manufacturers in Emerging Countries
11.2.1 Regulatory Framework
11.2.2 Patent Loss
11.2.3 Increasing Number of Generic Drug Manufacturers
11.2.4 Implementation of International Standards
11.2.5 Lower Production Costs
11.3 US as Largest Importer of Generic Drugs
11.4 Potential Threat to US Generic Imports

12. Role of Online Pharmacies in Expansion of US Generic Drugs Market

13. US Generic Drugs Market Dynamics
13.1 Increasing Health Expenditure
13.2 Increasing Disease Incidences
13.3 Ageing US Population
13.4 Implementation of Hatch-Waxman Act
13.5 Patent Expiry of Blockbuster Drugs
13.6 Easy Manufacturing of Generic Drugs
13.7 Outsourcing Generic Drugs
13.8 Amenable Regulations
13.9 Implementation of Affordable Care Act


14. US Generic Drugs Market Commercialization Challenges
14.1 Patent Infringement Lawsuits
14.2 Lack of New Generic Drugs
14.3 Increasing Prices of Generic Drugs
14.4 Difficult Regulation of Generic Drugs

15. US Disease Profiling
15.1 Increasing Cancer Incidences
15.2 Cardiovascular Ailments
15.3 Central Nervous System (CNS) Diseases
15.3.1 Epilepsy
15.3.2 Alzheimer’s Disease
15.3.3 Parkinson’s Disease

16. US Generic Drugs Market Future Prospects

17. Competitive Landscape
17.1 Accord Healthcare
17.2 Alvogen
17.3 Amneal Pharmaceuticals
17.4 ANI Pharmaceuticals
17.5 Apotex
17.6 Aurobindo Pharma
17.7 Baxter Healthcare Corporation
17.8 Dr. Reddy's Laboratories
17.9 Fresenius Kabi
17.10 G & W Laboratories
17.11 Glenmark Generics
17.12 lmpax Laboratories
17.13 Lupin Pharmaceuticals
17.14 Mallinckrodt Pharmaceuticals
17.15 Momenta Pharmaceuticals
17.16 Mylan
17.17 Par Pharmaceutical
17.18 Perrigo Company
17.19 Sagent Pharmaceuticals
17.20 Sandoz
17.21 Sun Pharmaceutical Industries
17.22 Teva Pharmaceuticals
17.23 Therapeutic Proteins International
17.24 West- Ward Pharmaceuticals
17.25 Wockhardt
17.26 Zydus Pharmaceuticals

Figure 1-1: Difference between Generic & Branded Drugs
Figure 1-2: Similarities between Generic vs. Branded Drugs
Figure 1-3: Factors Responsible for Lesser Prices of Generic Drugs
Figure 1-4: Misconceptions Related to Generic Drugs
Figure 2-1: Main Premises of Hatch-Waxman Act
Figure 2-2: Implications of Hatch-Waxman Act
Figure 3-1: Application Required for Different Drugs
Figure 3-2: Benefits of New Chemical Entity
Figure 3-3: Increasing Generic Trade in US
Figure 3-4: Issues with Labelling of Generic Drugs
Figure 3-5: Patent Evergreening to Prevent Generic Drugs
Figure 4-1: Market Shares Occupied by Generic Drugs in US
Figure 4-2: Generic Drug Savings in US (Billion US$), 2005-2014
Figure 4-3: Generic Drug Saving in US by Therapy (Billion US$)
Figure 4-4: Generic Drugs Saving by Payer (%)
Figure 5-1: Features Considered by Generic Drug Developers
Figure 5-2: Factors Leading to Market Introduction of Generic Drugs
Figure 5-3: Approval Process of Generic Drugs
Figure 5-4: New Drug Application (NDA) for Branded Drugs
Figure 6-1: Objectives of Affordable Care Act
Figure 6-2: Offering Made by Affordable Care Act
Figure 6-3Objectives of Pharmacy Benefit Manager (PBM)
Figure 6-4: Different Roles Played by Pharmacy Benefit Manager (PBM)
Figure 7-1: Improvements in US Generic Market
Figure 8-1: Various Strategies Employed by Branded & Generic Drug Manufacturers
Figure 9-1: Few Methods to Achieve Higher Cost Arbitrage
Figure 9-2: Types of Managed Care Plan
Figure 9-3: Walmart’s Generic Drug Business Model
Figure 9-4: Benefits of Pill Splitting
Figure 10-1: Types of Drugs Available in US Pharmaceuticals Market
Figure 11-1: Favorable factors for Generic Drug Manufacturing in Emerging Countries
Figure 12-1: Mode of Operation of Online Pharmacies
Figure 12-2: Benefits of Online Pharmacy
Figure 13-1: Favorable Market Factors
Figure 13-2: Estimated Number of Older People (65 years of more) in US, 2020, 2040 & 2060
Figure 14-1: Commercialization Challenges

List of Tables

Table 2-1: Benefits of Hatch-Waxman Act
Table 4-1: Generics Drug Saving by State (US$)
Table 7-1: Generic Drug User Fee Amendments (GDUFA) Fees, Financial Year 2016
Table 9-1: Different Co-Pays According to Health Insurance Plan
Table 9-2: Few Important Drug Substitution Laws in US
Table 10-1: Prospective of US Patients on Generics & Branded Drugs
Table 10-2: Few Most Prescribed Branded Drugs in US, 2015
Table 10-3: Few Important Generic Drugs in US
Table 15-1: Few Generic & Branded Drugs for Cardiovascular Ailments
Table 15-2: Few Generic & Branded Drugs for Epilepsy available in US
Table 15-3: Few Alzheimer’s Disease Generic & Branded Drugs available in US
Table 15-4: Few Generic & Branded Drugs for Parkinson’s available in US

Kuick Research is a market research and analytics company that provides targeted information for critical decisions at business, product and service levels. We are quick, predictive and known by the recommendations we have made in the past. Our result-oriented research methodology offers understanding of multiple issues in a short period of time and gives us the capability to keep you full with loads of practical ideas. By translating research answers into strategic insight and direction, we not only rate the success potential of your products and/or services, but also help you identify the opportunities for growth in new demographies and find ways to beat competition.

Neeraj Chawla
neeraj@kuickresearch.com
KuicK Research
Avanta Business Center 4th Floor,
Statesman House Barakhamba Road,
Connaught Place New Delhi – 110 001, India
+91-11-47067990

This release was published on openPR.