Business

Generic Injectables Market Report 2022-2027: Industry Trends, Growth Outlook, and Forecast

The latest report published by IMARC Group, titled “Generic Injectables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global generic injectables market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global generic injectables market reached a value of US$ 40.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 65.4 Billion by 2027, exhibiting at a CAGR of 8.6% during 2022-2027. 

Generic injectables are alternative drugs that are bio-equivalent to their branded counterparts. They contain similar active ingredients, strength, quality, effectiveness, intended use, and dosage. These injectables help in the easy absorption of drugs into the body in liquid form, which reduces the frequency of dosage administration without affecting the effectiveness of the treatment. They are also cost-effective as they do not require investments in research and development (R&D) and promotional activities.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request for a free sample copy of this report: https://www.imarcgroup.com/generic-injectables-market/requestsample

Global Generic Injectables Market Trends:

Nowadays, the governing authorities of numerous countries are undertaking favorable initiatives to support the manufacturing of generic injectables. This can be accredited to the rising drug shortage and upcoming patent expiry of several branded drugs. Besides this, the increasing prevalence of chronic diseases like diabetes, cardiovascular disorders, and Alzheimer’s and the rising geriatric population that is more susceptible to such ailments are positively influencing the market growth.

Moreover, generic injectables are widely adopted by patients who are unable to take medicines by mouth and have poor intestinal absorption. In addition, various key players are engaging in mergers and acquisitions (M&As) and partnerships to develop complex and differentiated products, which is creating a favorable market outlook across the globe. Furthermore, the emergence of self-injection devices, the improving healthcare infrastructures in developed and developing economies, and rapid technological advancements in drug delivery systems are some of the other factors augmenting the market growth.

Global Generic Injectables Market 202-2027 Analysis and Segmentation

Competitive Landscape with Key Players:

• Hospira, Inc. (Pfizer Inc.)
• Fresenius Kabi AG
• Hikma Pharmaceuticals PLC
• Sandoz (Novartis)
• Sagent M&C, LLC
• Sanofi S.A.
• Baxter International, Inc.

Breakup by Therapeutic Area:

• Oncology
• Anaesthesia
• Anti-infectives
• Parenteral Nutrition
• Cardiovascular

Breakup by Container:

• Vials
• Ampoules
• Premix
• Prefilled Syringes

Breakup by Distribution Channel:

• Hospitals
• Retail Pharmacy

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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 82801 USA
Email: Sales@imarcgroup.com
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

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button