Generic Injectables Market is Projected to Showcase Significant Growth up to 2025

The global generic Injectables market was estimated an 11.6% compound annual growth rate (CAGR) of during the forecast period 2019–2025.

Some of the key players in the market are Pfizer, Novartis AG, Sanofi SA, Cipla, Samsung Biologics, AstraZeneca plc, Mylan NV, Dr. Reddys Laboratories, Merck & Co. Inc. and Others

Rising patent drug expiry to boost the global generic injectables Market

The increasing patents of branded drugs are expected to expire in the near future, and this is driving the market growth of generic injectables. Some of the major patent expirations in 2017 are Alimta, Norditropin, Eloxatin, and Remodulin. These patent expirations will demand effective generic injectables to overcome drug shortage and issues like patent expiry, further fueling market growth.

The global generic injectables market is bifurcated on the basis of Drug Delivery System Type: Orals, Injectables, Dermal/Topical, Inhalers. Based on Therapeutic Areas: Oncology, Anaesthesia, Anti-Infectives, Parenteral Nutrition, Cardiovascular Diseases. On the basis of Containers: Vials, Ampoules, Premix, Prefilled Syringes and Based on Distribution Channel: Hospital Pharmacy and Retail Pharmacy

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The Asia Pacific Region Expected to Witness fastest Growth in the Global Generic Injectables Market

 Based on geographical analysis, the global generic injectables market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The growth of the generic injectables market across Asia Pacific is due to the presence of a higher pool of patients suffering from various diseases that require generic drugs, patent expiration of many drugs in the future, shortage of drugs. Furthermore, the surge in healthcare expenditure and new technological advancements will propel the growth of the industry in the region. In addition to this, government initiatives focused on the treatment and R&D spends in this region will boost the growth of the market.

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 The global generic injectables market is segmented as follows:

 By Drug Delivery System Type:

-Orals

-Injectables

-Dermal/Topical

-Inhalers

By Therapeutic Areas:

-Oncology

-Anaesthesia

-Anti-Infectives

-Parenteral Nutrition

-Cardiovascular Diseases

By Containers:

-Vials

-Ampoules

-Premix

-Prefilled Syringes

By Distribution Channel:

-Hospital Pharmacy

-Retail Pharmacy

By region:

North America

-The U.S.

-Canada

Europe

-France

-The UK

-Spain

-Germany

-Italy

-Rest of Europe

Asia Pacific

-China

-Japan

-India

-South Korea

-Southeast Asia

-Rest of Asia Pacific

Latin America

-Brazil

-Mexico

-Rest of Latin America

Middle East & Africa

-GCC

-South Africa

-Rest of Middle East & Africa

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