Active Pharmaceutical Ingredients Market Poised to Grow at a CAGR of 5.4% by 2024

Active Pharmaceutical Ingredients Market Poised to Grow at a CAGR of 5.4% by 2024


Infinium Global Research has added a new report on Active Pharmaceutical Ingredients Market. The report presents analysis of global as well as regional markets of active pharmaceutical ingredients market over the period of 2016 to 2024.

The global Active Pharmaceutical Ingredient (API) market size was valued at USD XX billion in the year 2017 and is estimated to reach a value of USD XX billion by 2024, The major factors driving responsible for driving the market growth are, rising incidences of oncology, cardiovascular, diabetes and lifestyle diseases, rising geriatric population in developing countries and increasing disease awareness. However cost of improving process design and stringent FDA regulations & approvals to hinder the active pharmaceutical growth opportunities. Development of new innovative API’s and inorganic growth through mergers and acquisition too further boost the API market.

 

Among the geographies, North America accounted for the highest market share in 2017. U.S drives the North America API market on account of presence of major pharmaceutical companies, these companies are constantly involved in development of new API’s for treating various diseases. North America is followed by Europe and Asia Pacific.

 

Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global active pharmaceutical ingredients market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global active pharmaceutical ingredients market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1346

 

The recent report identified that North America dominated the global active pharmaceutical ingredients market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the active pharmaceutical ingredients market worldwide.


The report segments the global active pharmaceutical ingredients market on the basis of API Type, Drug Type, and Application.

 

Global Active Pharmaceutical Ingredients Market by API Type

·         Chemical API

·         Biological API

 

Global Active Pharmaceutical Ingredients Market by Drug Type

·         Generic Prescription Drugs

·         OTC Prescription Drugs

 

Global Active Pharmaceutical Ingredients Market by Application

·         Cardiovascular Disease

·         Oncology

·         CNS And Neurological Disorders

·         Orthopedic Disorders

·         Endocrinology

·         Gastrointestinal Disorders

·         Ophthalmology

·         Pulmonology

·         Others

 

Companies Profiled in the Report

·         Novartis AG

·         Sun Pharmaceutical Industries Ltd

·         Pfizer, Inc.

·         Teva Pharmaceutical Industries Ltd.

·         Mylan N.V.

·         Dr. Reddy's Laboratories

·         Actavis plc

·         Lonza Group AG

·         Hospira Inc.

·         BASF SE

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.


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