25th January 2019: Global Active Pharma Ingredient
Market is classified on the basis of type, type of manufacturer, type of
synthesis, type of drug, therapeutic application and geography. A substance or
blend of substances used in a finished pharmaceutical product (FPP) in order to
provide pharmacological activity is known as an active pharma ingredient. They
have a direct effect in the treatment, diagnosis or mitigation of the disease. The
factors that propel the growth of the global market include increasing demand,
growing occurrence of cancer, technological innovations, rapid
industrialization, rise in number of chronic diseases, rising uptake of
biopharmaceuticals and growing geriatric population. On the other hand, there
are also factors that may hamper the growth of the market such as high
production cost and strict rules & regulations.
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Active Pharmaceutical Ingredient
Market is classified on the basis of type as innovative APIs and generic APIS.
Active Pharma Ingredient Market is classified on the basis of type of
manufacturer as captive manufacturers and merchant manufacturers. The merchant
manufacturers are further classified on the basis of type and type of
synthesis. Based on type, merchant manufacturers are classified as innovative
merchant API manufacturers and generic merchant API manufacturers. Based on
type of synthesis, merchant manufacturers are classified as synthetic APIs and
biotech APIs. Active Pharma Ingredient Market is classified on the basis of type
of synthesis as synthetic and biotech.
Active Pharmaceutical Ingredient
Market is classified on the basis of type of drug as prescription drugs and
over-the-counter drugs. Active Pharma Ingredient Market is classified on the
basis of therapeutic application as diabetes, cardiovascular disease, CNS and
neurological disorders, oncology, endocrinology and others. The other
therapeutic applications include pulmonology, orthopaedics, ophthalmology,
urology and nephrology, women’s health, and gastroenterology.
Active Pharma Ingredient Market
is classified on the basis of geography as North America, Latin America,
Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.
The North American region consists of the U.S., and Canada. Latin America
region consists of Mexico and Brazil. The Western European region consists of
Germany, Italy, France, England and Spain. The Eastern European region consists
of Poland and Russia. Asia Pacific region consists of China, India, ASEAN,
Australia& New Zealand. The Middle East and Africa region consists of GCC,
South Africa and North Africa. In case of geographical region, North America is
projected to account a significant share of the Global Active Pharmaceutical Ingredient
Market. Some of the key players that fuel the growth of the Active Pharma
Ingredient Market include AbbVie Inc., BoehringerIngelheim, Bristol-Myers
Squibb, Pfizer, Inc., Eli Lilly and Company, GlaxoSmithKline plc, Merck &
Co., Inc., Novartis International AG, Sanofi, Teva Pharmaceutical Industries
Ltd., and others.
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