What is High Potency APIs?
High Potency Active Pharmaceutical Ingredients (HPAPIs) are substances used in the manufacture of pharmaceutical drugs, which have very high levels of potency or biological activity, typically in the range of micrograms or even nanograms.
HPAPIs are typically used in the manufacture of drugs used to treat diseases such as cancer, autoimmune diseases, and viral infections. These substances require specialized handling and manufacturing facilities, as they can pose significant health risks to workers if not handled properly.
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• CAGR: 7.7%
• Current Market Size: USD 19.7 Billion
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2021- 2031
• Base Year: 2021
High Potency APIs Market –
The high potency APIs market size was valued at $19.7 billion in 2021, and is estimated to reach $41.4 billion by 2031, growing at a CAGR of 7.7% from 2022 to 2031.
Rise in the advancements in the high potency APIs manufacturing technologies will favor the growth of the high potency APIs industry during the forecast period. These advancements offer faster results, accuracy and better efficacy than the existing technologies. In addition, a growing digital toolbox is enabling pharmaceutical developers to advance the high potency API production.
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However, the market is expected to be significantly constrained in the near future due to high risk of cross-contamination and high development cost associated with the manufacturing process.
By application, the oncology segment held a dominant portion in the global high potency APIs industry in 2021 and is expected to grow at the fastest CAGR during the forecast period due to the new innovations in the oncology sector and the advantages that the HPAPIs provides in the cancer treatment.
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Region wise, North America acquired a major high potency APIs market share in 2021, due to the manufacturers in this region, who have been concentrating on creating innovative and effective solutions using HPAPIs. However, Asia-Pacific is expected to witness the highest CAGR for the high potency APIs market throughout the forecast period due to increase in innovations in the high potency APIs, rise in number of the hormonal imbalance diseases, and surge in number of cancer patients in the region.
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