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Active Pharmaceutical Ingredients Market 2021-26: Size. Share, Price and Industry Trends

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Active Pharmaceutical Ingredients Market 2021-26: Size. Share, Price and Industry Trends

February 17
19:45 2021
Active Pharmaceutical Ingredients Market 2021-26: Size. Share, Price and Industry Trends

Active Pharmaceutical Ingredients Market
According to IMARC Group expects the global active pharmaceutical ingredients (API) market to projected to reach moderate growth during 2021-2026.

IMARC Group’s latest report, titled “Active Pharmaceutical Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, finds that the global active pharmaceutical ingredients market size reached a value of US$ 200.6 Billion in 2020. Active pharmaceutical ingredient (API) refers to the biological substance or combination of substances used in a pharmaceutical drug (e.g., tablet, capsule). It is one of the primary ingredients utilized in the manufacturing of medicines. In combination therapies, two or more active ingredients are used to trea0t different disease symptoms. Stringent quality control regulations are followed in the manufacturing of APIs as they represent the main component considered while making the prescription.

Request Free Sample Report: https://www.imarcgroup.com/active-pharmaceutical-ingredients-market/requestsample

The increasing affordability of active pharmaceutical ingredients is primarily driving the market growth. Additionally, the growing number of blockbuster patent expiries are creating enormous opportunities for generic APIs. The market is further catalyzed by the high potency of APIs to treat diseases beyond the scope of small molecule drugs. Other factors, including the growing geriatric population, rising expenditures on healthcare services, increasing prevalence of lifestyle diseases, etc., will continue to drive the market for APIs. Looking forward, IMARC Group expects the global active pharmaceutical ingredients (API) market to exhibit moderate growth during the forecast period (2021-2026).

Market Breakup by Drug Type:

  • Innovative Active Pharmaceutical Ingredients
  • Generic Active Pharmaceutical Ingredients

Market Breakup by Therapeutic Application:

  • Oncology
  • Cardiovascular and Respiratory
  • Diabetes
  • Central Nervous System Disorders
  • Neurological Disorders 
  • Others

Market Breakup by Synthesis:

  • Synthetic Active Pharmaceutical Ingredients Type
    • Innovative Synthetic APIs
    • Generic Synthetic APIs
    • Biotech Active Pharmaceutical Ingredients Type
      • Innovative Biotech APIs
      • Biosimilars

 

  • Biotech Active Pharmaceutical Ingredients Product
    • Monoclonal Antibodies
    • Vaccines
    • Cytokines
    • Fusion Proteins
    • Therapeutic Enzymes
    • Blood Factors
    • Biotech Active Pharmaceutical Ingredients Expression System
      • Mammalian Expression Systems
      • Microbial Expression Systems
      • Yeast Expression Systems
      • Transgenic Animal Systems
      • Others

Market Summary:

On the basis of the type of manufacturers, captive manufacturers exhibit a clear dominance in the market, followed by merchant API manufacturers.The market has been segregated based on the type of synthesis into synthetic and biotech APIs. At present, synthetic APIs account for the largest market share.

Region-wise, North America enjoys the leading position in the market. Other major regions include Europe, Asia Pacific, Middle East and Africa, and Latin America.

Competitive Landscape with Key Player:

  • Pfizer Inc.
  • Novartis International AG
  • Sanofi
  • Boehringer Ingelheim
  • Bristol-Myers Squibb
  • Teva Pharmaceutical Industries Ltd.
  • ELI Lilly and Company
  • GlaxoSmithKline
  • Merck & Co. Inc.
  • Abbvie Inc.

Ask Analyst For Instant Discount and Download Full Report with TOC & List of Figure:  https://www.imarcgroup.com/active-pharmaceutical-ingredients-market

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: 6317911145
Address:30 N Gould St 30 N Gould St
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.imarcgroup.com


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