Figure 13: India: Pharmaceutical (Conventional) Market: Sales Value (in Million US$), 2016 & 2021
To understand key trends, Download Sample These are in high demand due to the prevalence of acute and chronic diseases over the world. Pfizer Inc 5.6%. A biologic drug (biologics) is a product produced from living organisms or containing components of living organisms. As per the same source, cardiovascular diseases are the major form of NCDs, followed by cancer, respiratory diseases, and diabetes, and 77% of all NCD deaths are in low- and middle-income countries. expertise, problem solving ability and inclination. Thus, the demand for monoclonal antibodies targeting COVID-19 is likely to reach new heights.
"Sorry! The India pharmaceutical market size reached US$ 42.1 Billion in 2021. 7.2.2 Market Forecast
We appoint data triangulation strategies to explore different areas of the market. The sample report for the Pharmaceuticals Market can be obtained on demand from the website. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally. For instance, as per the April 2021 report of the World Health Organization (WHO), non-communicable diseases (NCDs), also known as chronic diseases, are responsible for about 41 million deaths worldwide, i.e., 71% of all deaths globally. It is a critical source for strategic planning efforts and will improve understanding of crucial components of the supply chain that will provide insights for supplier selection and management.ScopeThis report gives an important expert quantitative analysis on the commercial contract dose manufacturing industry.Findings are based on the industrys most comprehensive database of the dose CMO industry (Contract Service Providers Database). This site uses cookies (including third-party cookies) to record users preferences which help us to According to the Pharmaceutical Research and Manufacturers of America, as of January 2021, nearly 1,750 clinical trials were in progress for the development of vaccines and drugs for the treatment of COVID-19, among which 420 clinical trials were based in the United States. Figure 5: India: Pharmaceutical Market: Breakup by Nature (in %), 2021
8.2 West and Central India
The COVID-19 outbreak has been creating a significant burden on healthcare systems. The pandemic has changed common systems around the world. Novartis earned $51.9bn in revenues in 2018 with its Innovative Medicines unit contributing the highest revenues of $34.9bn. This revenue growth was driven by sales of key products, including Ibrance, Eliquis, and Xeljanz, as well as operational growth in emerging markets. Geographically, revenues in the US were the highest at 11.98bn ($15.57bn), while international sales stood at 10.86bn ($14.12bn). The company recorded a 14% increase in sales in the US, while European sales witnessed a 7% decline due to competition from biosimilars. The major players are Pfizer, AstraZeneca, Merck and Co, Novartis, Glaxo Smith Kline, Eli Lily Inc, Johnson and Johnson, Sanofi SA, Sun pharma, Glenmark, Lupin Pharmaceuticals. The huge demand for biopharmaceuticals is facilitated by an accelerating focus on R&D-related investments. As per the report's scope, pharmaceutical manufacturing is referred to as the industrial-scale synthesis of pharmaceutical drugs as part of the pharmaceutical industry. What are the top players operating in the Pharmaceuticals Market? In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met. For instance, as per the Association of the British Pharmaceutical Industry (ABPI), pharmaceutical companies continue to scale up global supply. 3.1 Global Pharmaceutical Logistics Sales and Market Share by Manufacturer (2017-2022) 3.2 Global Pharmaceutical Logistics Revenue and Market Share by Manufacturer (2017-2022) Figure 7: India: Pharmaceutical (Pharmaceutical Drugs) Market: Sales Value (in Million US$), 2016 & 2021
It has also been observed that at least 40% of the market share is contributed by at least 30 cities in Africa. Saudi Arabia Pharmaceutical Market Snapshot (2022-2032) [105 Pages Report] The Saudi Arabia pharmaceutical market is predicted to be worth by the end of 2022 and is likely to grow at a CAGR of 9.6% over the forecast period (20222032). All the previous reports are stored in our large in-house data repository. 6.2.1 Market Trends
Hence, the growing burden of chronic disorders is accelerating pharmaceutical manufacturing worldwide. Report. >>> Ask For Discount @ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=152951. Year-on-year variations must be considered before concluding trends. They provide various lifesaving treatments, create employability, and fulfill the global economy. The 8 tables and 21 figures throughout the report illustrate major points and trends. In the case of hectic lifestyles, researchers discovered that people are affecting their health and well-being due to hectic lifestyles. Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. The increased number of patients with chronic diseases such as hypertension, diabetes, rheumatoid arthritis, and cancer will influence growth in the pharmaceutical market. A pharmaceutical refers to a drug used for treating different forms of illness, such as flu, sexually transmitted diseases (STDs), cardiovascular disease, diabetes, Parkinsons disease, and cancer. Global and domestic sales of the company rose by 8.5% and 5.1% respectively. Also, the onset of the pandemic has boosted the demand for biologics, thereby driving the demand for pharmaceutical manufacturing. Researchers across the world are continuously making efforts to cope with this rising burden. This additionally supports the market researchers in segmenting different segments of the market for analysing them individually. The Asia Pacific region is the largest and fastest-growing region due to the high economic growth observed by the major countries in this area. 8.3.3 Market Forecast
The competitive landscape of the industry has also been examined along with the profiles of the key players. The biologics segment is expected to hold a significant market share by molecule type. All the research models are customized to the prerequisites shared by the global clients. Our report has categorized the market based on type and nature. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. 12 Price Analysis
Some of the other factors stimulating the growth of the market in the country are lower manufacturing costs, a highly skilled workforce, technological advancements, and enhanced marketing and distribution system. growing investment in healthcare, rapid urbanization, and increase in chronic lifestyle diseases. Johnson & Johnson registered global sales growth of 8.5% in 2018. Based in Switzerland, Novartis operates through its Innovative Medicines (including Novartis Pharmaceuticals and Novartis Oncology divisions), Alcon, and Sandoz business units. According to Xinhua, the Chinese 6.1.2.3 Gastrointestinal Drugs
However, the stringent regulations and the high investments required for the development of biopharmaceutical drugs are the limiting the market studied. However, most of the vaccine candidates being developed are advanced DNA, RNA, and protein subunit vaccines. This analysis is driven by a proprietary model of the dose manufacturing industry, which is continuously updated and refined. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation. customized per your requirements. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. As per the scope of the report, biopharmaceuticals refer to any biologically synthesized molecules used to treat or manage disorders. 2023 to 2030. Figure 22: South India: Pharmaceutical Market: Breakup by State (in %), 2021
Saudi Arabia pharmaceutical market stands at USD 10,849.4 million in 2021, and it is expected to reach to USD 19,764.8 million in 2028 at a CAGR of 9.3% during the forecast period of 2022-2028. 11.6 Threat of Substitutes
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. 8.4.3 Market Forecast
6 Market Breakup by Type
Figure 15: North India: Pharmaceutical Market: Sales Value (in Million US$), 2016 & 2021
Sales in the US increased by 8% to total $13.87bn, while revenues in markets outside the US rose by 6% to $10.68bn. Genzyme specialty care division sales enabled Sanofi to maintain a market share of 4.11% in 2018. Credit: Sanofi. enhance our services. This acquisition helped the expansion of the company's biopharmaceutical portfolio with the addition of Dermira's lebrikizumab, an IL-13 antibody that is intended for use in the treatment of moderate-to-severe atopic dermatitis. In July 2021, Takeda Pharmaceutical and Frazier Healthcare Partners partnered to launch a biopharmaceutical company named HilleVax to develop and market Takedas norovirus vaccine candidate, HIL-214 (previously TAK-214). 11 Porters Five Forces Analysis
The acquisitions are expected to fortify its biologic discovery capabilities. The acquisitions reflect Recipharms strategy of building its presence in the Biologics market, focusing on drug substance manufacturing of novel ATMPs (advanced therapy medicinal products). Based in New Jersey, US, Johnson & Johnson is a healthcare company operating in the pharmaceutical, medical devices, and consumer care sectors. 6.1.1 Market Trends
CNS depressants are drugs that slow down the operations of the brain and the body. All Rights Reserved to Mordor Intelligence. For instance, in December 2020, the US Food and Drug Administration (FDA) approved MacroGenics' MARGENZATM for the treatment of patients with pretreated metastatic HER2-positive breast cancer. Thank you for your Purchase. Pharmaceuticals Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the 7 Market Breakup by Nature
A generic segment is anticipated to drive the market because Government has taken initiative for promoting the use of generic drugs, and patent expiration of branded drugs lead to an increase in the use of generic one, and demand of generic injectable drug is increased due to their high utilization. By continuing to visit this site you agree to our use of cookies: Banking Financial Services & Insurance Industry, Internet, Communication, Software & Services, ICE, Electric, Hybrid, Autonomous Vehicles, Industrial Motors, Pumps, And Control Devices, Power Generation, Transmission And Distribution, Food & Beverage Logistics, Cold Chain & Packaging, Food & Beverage Processing and Technology, https://www.verifiedmarketresearch.com/ask-for-discount/?rid=152951. Additionally, the growing FDA approvals and new product launches for various indications are expected to drive the segment. Amgen is investing in a technologically-advanced drug substance plant in North Carolina to support the increasing demand for our medicines, including biologics. 8.1.3 Market Forecast
Thus, the market is expected to witness significant growth over the forecast period due to the abovementioned developments. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. The American Pharmaceuticals Market accounts for the largest share of the total revenue because companies are spending a lot on drug research and development to improve their functionality. In 2020, the Pharmaceutical Industry was reported to have global exports worth $407.7 billion. List of Tables
At present, there is a rise in the sales of pharmaceuticals across India due to the escalating demand for pain management and acute therapies, such as gastro and respiratory, among individuals. The Report will be delivered in 24 - 72 hours. Click here. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period. The last step of the report making revolves around forecasting of the market. To understand key trends, Download Sample Market Statsville Group deeply researched this report to foresee a Thus, the COVID-19 pandemic has had an overall positive impact on the pharmaceutical manufacturing market. Bayer is a Germany-based life sciences company with three divisions, which are pharmaceuticals, consumer health, and crop science and animal health. The COVID-19 pandemic has impacted every industry such as Aerospace & Defence, Agriculture, Food & Beverages, Automobile & Transportation, Chemical & Material, Consumer Goods, Retail & eCommerce, Energy & Power, Pharma & Healthcare, Packaging, Construction, Mining & Gases, Electronics & Semiconductor, Banking Financial Services & Insurance,ICT and many more. Analysts carry out extensive research using both top-down and bottom up methods. Thus, pharmaceutical companies have accelerated the manufacturing of drugs. The pharmaceutical market has been witnessing excellent growth in recent years and is expected to surpass US$ 6 Billion by 2025 with an absolute growth of 114% from 2019 levels. Request Sample. Figure 23: South India: Pharmaceutical Market Forecast: Sales Value (in Million US$), 2022-2027
8 Market Breakup by Region
Figure 27: India: Pharmaceutical Industry: SWOT Analysis
Global All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques. Summary This expert trend report is a comprehensive look at the finished commercial dose contract manufacturing landscape in 2022, including analysis of dose CMO M&A activity, market size and share. Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. Novartis announced plans to spin off its Alcon eye care devices business into a separate entity in June 2018. 2.4.2 Top-Down Approach
The COVID-19 pandemic is expected to have a significant impact on the biopharmaceutical industry. Some of the key players in the market are Eli Lilly and Company, F. Hoffmann-La Roche AG, Pfizer Inc., AstraZeneca, and Sanofi SA. 10.4.1 Overview 10.4.2 Financial Performance 10.4.3 Product Outlook 10.4.4 Key Developments, 10.5 Sunpharma 10.5.1 Overview 10.5.2 Financial Performance 10.5.3 Product Outlook 10.5.4 Key Developments, 10.6 Dr. Reddy's Laboratories 10.6.1 Overview 10.6.2 Financial Performance 10.6.3 Product Outlook 10.6.4 Key Developments, 10.7 Abbott 10.7.1 Overview 10.7.2 Financial Performance 10.7.3 Product Outlook 10.7.4 Key Developments, 10.8 Pfizer, Inc. 10.8.1 Overview 10.8.2 Financial Performance 10.8.3 Product Outlook 10.8.4 Key Developments, 10.9 SGPharma Pvt. The report offers the value (USD million) for the above segments. Report. Sales of the pharmaceutical division increased by 7% year-on-year owing to thelaunch of new medicine Ocrevus, as well as existing oncology medications including Perjeta, Tecentriq, Alecensa, and Hemlibra. 2.1 Objectives of the Study
With the help of embedded analytics, the clients can get details associated with brand analysis. The transaction was a strategic move to exit businesses where sales were declining and competition was high. In addition, as per a December 2021 update by the International Diabetes Federation (IDF), approximately 537 million adults (20-79 years) are living with diabetes. Figure 17: North India: Pharmaceutical Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 1: India: Pharmaceutical Market: Major Drivers and Challenges
The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, mergers, and acquisitions. Innovation of new medicines that can cure todays incurable diseases, scientific Productivity, and Pharma-economic Performances of Drugs, Self Medication Sector Is Expanding rapidly, increase in employability in the pharma sector. Ltd. 10.9.1 Overview 10.9.2 Financial Performance 10.9.3 Product Outlook 10.9.4 Key Developments, 10.10 Lupin Pharmaceuticals 10.10.1 Overview 10.10.2 Financial Performance 10.10.3 Product Outlook 10.10.4 Key Developments. The pharmaceutical industry's most comprehensive news and information delivered every month. 8.2.3 Market Forecast
We work with our clients in every step of the work, from exploring the market to implementing business plans. Additionally, as per the data from the United Nations World Population Prospects report (2019), by 2050, one in six people in the world may be over 65 years of age, registering an increase from one in 11 in 2019. Revenue growth was driven by strong sales of the companys immunology and oncology drugs including Humira and Imbruvica, which increased by 7.4% and 39.5% respectively. Based on Formulation, The Global Pharmaceuticals Market is segmented into Tablets, Capsules, Injectables, Sprays, Suspensions, Powders, and Other Formulations. The acquisition was intended to strengthen the companys oncology portfolio of precision drugs. Pfizer held five percent of the world's prescription drug market in 2019 and is predicted to forfeit 1.5 percent of the global market until 2026. 6.1 Pharmaceutical Drugs
The market report also covers the estimated market sizes and trends for 17 countries across major global regions. The COVID-19 pandemic is an unprecedented health concern Companies like Amgen Inc., Eli Lily and Company, Johnson and Johnson, Sanofi SA, AstraZeneca PLC, and Pfizer Inc. hold significant shares in the biopharmaceuticals market and are involved in various strategic alliances such as acquisitions and collaborations to expand their product portfolios. By product type, the market is segmented into monoclonal antibodies, recombinant growth factors, purified proteins, recombinant proteins, recombinant hormones, vaccines, recombinant enzymes, cell and gene therapies, synthetic immunomodulators, and other product types. In February 2021, Bristol Myers Squibb was granted a global exclusive license to develop, manufacture, and commercialize Rockefellers novel monoclonal antibody (mAb) duo treatment that neutralizes the SARS-CoV-2 virus for therapy or prevention of COVID-19. Sales in the vaccines division increased by 14% to reach 5.9bn ($7.6bn), while consumer healthcare sales dropped by 1%, to 7.65bn ($9.95bn). 6.1.2.1 Cardiovascular Drugs
Looking forward, IMARC Group expects the market to reach US$ 88.6 Billion by 2027, exhibiting a growth rate (CAGR) of Merck & Cos revenue growth in 2018 was driven by sales of Keytruda and Gardasil. These factors are increasing challenges in the Global Pharmaceuticals industry. Figure 3: India: Pharmaceutical Market Forecast: Sales Value (in Billion US$), 2022-2027
6.2.2.2 Therapeutic Proteins
Asia Pacific is growing at the highest CAGR over 2021- 2026. So people prefer tablets instead of other formulations. This has resulted in disruptions of supply chains. The pharmaceutical industry in Pakistan is growing at a rapid pace, contributing significantly to the national economy. By Formulation, By Route of Administration, By Drug Type, and By Geography, Free report customization (equivalent up to 4 analysts working days) with purchase. Privacy policy, Metachromatic Leukodystrophy Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2032, Gel Documentation Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, Face Shield Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, Animal Genetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, Cleanroom Consumables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, ( US: +1-631-791-1145 )
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