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Global Active Pharmaceutical Ingredients (API) Market at a CAGR of 6.50% during the forecast to 2024 | Key Players-AbbVie Inc., Bristol-Myers Squibb Company, Pfizer, Inc., Sanofi, Eli Lilly and Company, Boehringer Ingelheim, Sun Pharmaceutical Industries Limited

Global Active Pharmaceutical Ingredients (API) Market

Global Active Pharmaceutical Ingredients (API) Market helps to identify uncertainties that may arise as a result of changes in business activity or new product marketing. It helps firms take decisive action to address niche market threats. This report on market research provides comprehensive information on target markets or customers. It also takes into account both qualitative and quantitative techniques of market analysis. The Global Active Pharmaceutical Ingredients (API) Market report highlights important trends and dynamics in market growth, including limitations, drivers and opportunities. A number of research tools were used to provide accurate understanding of this market, such as the five-force analysis by Porter and the SWOT analysis. The report provides information on the technological progress that will or will occur in the years to come. In these countries, as well as comprehensive coverage and innovation, the countries generating high incomes in these regions were also examined.

The Global Active Pharmaceutical Ingredients (API) Market accounted to USD 155.1 billion in 2016 growing at a CAGR of 6.50% during the forecast period of 2017 to 2024.

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Market Definition: Global Active Pharmaceutical Ingredients (API) Market

Active Pharmaceutical ingredients are central ingredient or chemical utilized as a part in manufacturing pharmaceutical medications. It consists of certain steps by procedures, such as chemical synthetic, recombinant DNA or other biotechnology techniques, maturation process, segregation from natural sources or any of these combinations.

Major Market Competitors:

Some of the major players operating in active pharmaceutical ingredients (API) market  are-Teva Pharmaceutical Industries Ltd., Merck & Co., Inc., GlaxoSmithKline plc, Novartis International AG, Dr. Reddy’s Laboratories Ltd., AbbVie Inc., Bristol-Myers Squibb Company, Pfizer, Inc., Sanofi, Eli Lilly and Company, Boehringer Ingelheim, Sun Pharmaceutical Industries Limited, Aurobindo Pharma, Lupin, Albemarle Corporation,and Mylan N.V., among others.

Major Market Drivers and Restraints:

  • Rising geriatric population
  • Expansion in frequency of chronic diseases
  • Increment in Abbreviated New Medication Applications (ANDA)
  • Growth in technological advancement
  • Unfavourable medication value and policies
  • Stringent administrative prerequisites

Market Segmentation:

On the basis of product type, Active Pharmaceutical Ingredients (API) market is segmented into innovative and generic product.In 2015 innovative products dominatedthe market but in future period generic product will dominate growth in the market due to patent expiration of various renowned drugs as the manufacturer facedhuge losses.

  • On the basis of manufacture, active pharmaceutical ingredients(API) market is segmented into captive and merchant. Here merchant segment will be dominating in forecastperiod because of expansion in outsourcing with different units for the formulation of active drug ingredients and need not to invest in manufacturing sectors.
  • Based on synthesis, active pharmaceutical ingredients(API) market is segmented into synthetic and biotech. In 2015, synthetic segment was leading with the largest market share. The rising demand for protein based therapeutics and increase in R&D techniques will definitely contribute towards growth in the forecast period.
  • On the basis of product, active pharmaceutical ingredients(API)market is segmented intomAb and hormone. Based on drug, active pharmaceutical ingredients (API) market is segmented into OTC and RX.
  • On the basis of therapy, active pharmaceutical ingredients (API)market is segmented into diabetes, oncology, CNS, and CVD.
  • On the basis of geography, active pharmaceutical ingredients (API)market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, andBrazil among others. In 2017, North America is expected to dominate the market.

Competitive Analysis:

The Active Pharmaceutical Ingredients (API) Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of active pharmaceutical ingredients(API) marketfor global, Europe, North America, Asia Pacific and South America.

Table of Contents:

Chapter 1: Study Coverage

Chapter 2: Executive Summary

Chapter 3: Market Size-by Manufacturers

Chapter 4: Production-by Regions

Chapter 5: Consumption-by Regions

Chapter 6: Market Size-by Type

Chapter 7: Market Size-by Application

Chapter 8: Manufacturers Profiles

Chapter 9: Production Forecasts

Chapter 10: Consumption Forecast

Chapter 11: Upstream, Industry Chain and Downstream Customers Analysis

Chapter 12: Opportunities & Challenges, Threat and Affecting Factors

Chapter 13: Key Findings

Chapter 14: Appendix

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Research Methodology:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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