Active Pharmaceutical Ingredients Market to Grow at 6.3% CAGR to 2021

The active pharmaceutical ingredients market in terms of value is expected to reach USD 213.97 billion by 2021 from USD 157.95 billion in 2016, growing at a CAGR of 6.3% from 2016 to 2021.This market is categorized on the basis of type, type of manufacturer, type of synthesis, type of drug, therapeutic application, and region.

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The Active Pharmaceutical Ingredient is the part of any drug that produces its effects. Some drugs, such as combination therapies, have multiple active ingredients to treat different symptoms or act in different ways.

Introduction

1 Objectives of the Study

2 Market Definition

3 Study Scope

4 Markets Covered

5 Years Considered for the Study

6 Currency

7 Limitations

8 Market Stakeholders

Premium Insights

1 Active Pharmaceutical Ingredients Market Overview

2 Active Pharmaceutical Ingredients Market, By Type of Manufacturer

3 Active Pharmaceutical Ingredients Market, By Therapeutic Area

4 Biotech Active Pharmaceutical Ingredients Market, By Product

5 Active Pharmaceutical Ingredients Market, By Type of Drug

6 Active Pharmaceutical Ingredients Market: Geographic Snapshot

Major factors contributing to the growth of the active pharmaceutical ingredients market include increasing incidence of chronic diseases, rising prevalence of cancer, technological advancements in API manufacturing, growing importance of generics, rapidly increasing geriatric population, increase in abbreviated new drug applications (ANDA) and increasing uptake of biopharmaceuticals.

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Emerging biosimilars market, increasing scope for HPAPIs, emerging markets and emerging technologies have opened an array of opportunities for the active pharmaceutical ingredients market. However, factors such as astringent regulatory requirements and unfavorable drug price control policies across various countries may restrain the growth of this market.

Click Now for More Details on “Active Pharmaceutical Ingredients/API Market by Type (Innovative, Generic), Manufacturer (Captive, Merchant), Synthesis (Synthetic, Biotech), Product (mAb, Hormone) Drug (OTC, Rx), Therapy (Diabetes, Oncology, CNS, CVD) – Global Forecast to 2021” report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=426219 .

Based on type, the market is segmented into innovative and generic APIs. On the basis of type of manufacture, the APIs market is categorized into two segments, captive manufacturer and merchant manufacturer. On the basis of type of synthesis, the APIs market is segmented into synthetic APIs and biotech APIs. On the basis of type of drug, the APIs market is segmented into prescription and over-the-counter APIs.

List of Tables

1 Indicative List of Generic Drugs That Gained Approval in 2016
2 Statistics on Aging Population
3 Indicative List of Biologics That Gained U.S. Regulatory Approval in 2015–2016
4 Increasing Incidence of Chronic Diseases: A Major Market Driver
5 Stringent Regulatory Requirements: A Major Restraint for Market Growth
6 Emerging Markets Offer Significant Growth Opportunities

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