According to the report by Allied Market Research, titled, “Generic Injectable Market by Product Type (Monoclonal Antibodies, Cytokines, Insulin, Vaccines, and Others), Indication (Diabetes, Cancer, Cardiovascular Diseases, Infections, and Others), and Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Drug Stores, and Online Prescription Stores): Global Opportunity Analysis and Industry Forecast, 2021–2030”. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
A generic injectable is a drug that has the same active pharmaceutical ingredient as its branded counterpart. A generic injectable is also equivalent to its branded counterpart in safety, strength, dosage form, performance, quality, and route of administration. Unlike branded injectable drugs, generic injectable has lower costs especially the ones used for cancer therapies. This is the reason why governments in many countries are focused on adopting generic injectable to help control healthcare spending. In addition, generic injectable has a high margin and low R&D investments.
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Comprehensive competitive analysis and profiles of major market players, such as
Pfizer, Inc., Baxter International, Sanofi SA, Novartis AG (Sandoz), GlaxoSmithKline Plc., AstraZeneca plc., Fresenius SE & Co. KGaA, Johnson & Johnson, Novo Nordisk A/S, Amgen Inc., and Bristol-Myers Squibb Company
Key Benefits For Stakeholders:
- With increase in drug shortage, especially in the U.S., governments in many countries are supporting the manufacture of generic injectable as they do not come with patents.
- The rise in aging population and increase in cases of chronic diseases are also some of the factors that have led to shortage of injectable. This, in turn, helps to increase the demand for generic injectable.
- The R&D cycles of generic drugs are shorter as they are the bio-equivalents of their branded counterparts. This offers the advantage of saving time to the manufacturers and is helps boost the growth of the generic injectable market.
- The expiry of patents of branded injectable and less number of new launches are among the factors that have contributed to the growth of the generic injectable market.
- However, the manufacturing of generic injectable is quite complex. With the lack of a skilled workforce in many developing countries, this can act as a restraint for the generic injectable market.
𝗚𝗲𝘁 𝗱𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗶𝗺𝗽𝗮𝗰𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀@ 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻: https://www.alliedmarketresearch.com/request-for-customization/11917
Table of Content:
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING
3.4. PORTER’S FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS
Q8. What are the key trends in the Lab-on-Chip Market report?
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