DUBLIN–(BUSINESS WIRE)–The “Active Pharmaceutical Ingredient Market Share, Size, Trends, Industry Analysis Report, By Product Type; By Form; By Manufacturer Type; By Application; By Regions; Segment Forecast, 2020-2027” report has been added to ResearchAndMarkets.com’s offering.
The global active pharmaceutical ingredient (API) market size is expected to reach USD 306.1 billion by 2027. This report gives a detailed insight into current market dynamics and provides analysis on future market growth.
Active Pharmaceutical Ingredient (API) is a substance involved in the finished pharmaceutical product (FPP), aimed to enhance the pharmacological activity or have direct impact in the cure, mitigation, diagnosis, treatment of disease or in modifying, correcting or restoring physiological functions in the human body. Drug products are composed of various components, API is the primary ingredient of a drug product, for instance, capsule or a tablet. APIs form used in the formulation is the most stable crystalline form, thermo-dynamically.
The prominent factors favoring the global market include the sudden outbreak of novel corona virus, which is rapidly escalating the demand for pharmaceuticals and thereby fueling the overall market growth. Additionally, rise in aging population, rising cases of cardiovascular diseases, cancer, AIDs, other infectious diseases, are further contributing to augmenting demand for APIs that are used in drugs. For instance, according to a report published in March 2020, by World Health Organization (WHO), the number of COVID-19 patients increased to 200,000 and in almost after twelve-day period, the number would exceed by 100,000. Moreover, rising incidence of cardiovascular, oncology, diabetes and lifestyle diseases coupled with rising geriatric populace is furthermore surging the overall demand for the global market.
Companies Mentioned
- AbbVie Inc.
- Albemarle Corporation
- AstraZeneca
- Aurobindo Pharma
- Boehringer Ingelheim
- Bristol-Myers Squibb
- Cipla Inc.
- Dr. Reddy’s Laboratories Ltd.
- Eli Lilly and Company
- F. Hoffmann-La Roche
- GlaxoSmithKline PLC
- Lonza Group
- Merck & Co. Inc.
- Mylan N.V.
- Novartis AG
- Pfizer Inc.
- Sanofi
- Sun Pharmaceutical Industries Ltd
- Teva Pharmaceutical Industries Ltd
Players in the market are focusing on developing active pharmaceutical Ingredient to suffice the rising demand of critical drugs for the treatment of numerous diseases. For the treatment of various diseases such as cancer, HIV, arthritis, Hepatitis-B, diabetes, cardiovascular diseases, Aids and various others, which are responsible for the majority of deaths across the globe, the innovation and demand for pharmaceuticals has witnessed elevated graph over the few decades. This has further resulted in rise in growth of API during the past years and also over the forecast period.
Major players in the market are strengthening their capabilities to enhance their product portfolio and further establish their market place. For instance, on July, 2020, Advert International signed an agreement for the acquisition of RA Chem Pharma Ltd, an integrated pharmaceutical company by Micro Labs Ltd. for USD 1.7 billion. Advert International aims for building one of the major API platforms and is expected to leverage their operational and financial resources across the globe to scale RA Chem Pharma.
The analyst has segmented the Active Pharmaceutical Ingredient market on the basis of product type, form, manufacturer type, application and region.
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Research Methodology
4. Active Pharmaceutical Ingredient Market Insights
4.1. Active Pharmaceutical Ingredient – Industry snapshot
4.2. Active Pharmaceutical Ingredient Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Surge in the infectious diseases
4.2.1.2. Growing Importance of Generics
4.2.2. Restraints and Challenges
4.2.2.1. Side effects associated of drugs
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Active Pharmaceutical Ingredient Market Industry trends
5. Active Pharmaceutical Ingredient Market Assessment by Product Type
5.1. Key Findings
5.2. Introduction
5.3. Monoclonal Antibodies
5.4. Immunoglobulin
5.5. Cytokines
5.6. Insulin
5.7. Peptide Hormones
5.8. Blood Factors
5.9. Peptide Antibiotics
5.10. Vaccines
5.11. Small Molecule Antibiotics
5.12. Highly Potent Active Pharmaceutical Ingredient (HPAPI)
5.13. Others
6. Global Active Pharmaceutical Ingredient Market, by Form
6.1. Key Findings
6.2. Introduction
6.3. Aqueous
6.4. Non-Aqueous Liquid
6.5. Dry Powder
7. Global Active Pharmaceutical Ingredient Market, by Manufacturer
7.1. Key Findings
7.2. Introduction
7.3. Captive
7.4. Merchant
8. Active Pharmaceutical Ingredient Market Assessment by Application
8.1. Key Findings
8.2. Introduction
8.3. Cardiology
8.4. Oncology
8.5. CNS & Neurology
8.6. Orthopedic
8.7. Endocrinology
8.8. Pulmonology
8.9. Gastroenterology
8.10. Nephrology
8.11. Ophthalmology
8.12. Others
9. Active Pharmaceutical Ingredient Market Assessment by Geography
9.1. Key findings
9.2. Introduction
9.3. Active Pharmaceutical Ingredient Market – North America
9.4. Active Pharmaceutical Ingredient Market – Europe
9.5. Active Pharmaceutical Ingredient Market – Asia-Pacific
9.6. Active Pharmaceutical Ingredient Market – Middle East & Africa
9.7. Active Pharmaceutical Ingredient Market – Latin America
10. Competitive Landscape
10.1. Expansion and Acquisition Analysis
10.1.1. Expansion & Acquisition
10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
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