Global Sterile Injectables MarketGLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 20162024
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REPORT DESCRIPTION Global Sterile Injectables Market – Overview Increasing use of biologics in healthcare industry, with the gaining prominence, the emergence of antibody-drug conjugates (ADCs) and monoclonal antibodies (MA) into the drug development and clinical pipeline, has spurred growth of the sterile injectable market worldwide. According to Piramal, the development and manufacturing of sterile injectables is highly complex and capital intensive. The operative cost for injectable is high as almost all injectables in present pharma market are toxic and infectious in natural, consequently, requiring a higher level of quality and significant care needs to be taken in order to ensure safe manufacture, packaging, storage, and distribution. Furthermore, strict regulations by Food and Drugs Administration on manufacturing facilities and equipment dissuades pharma players and potential new entrants from venturing into this lucrative sterile injectables market. Many sterile manufacturing facilities have closed down in the U.S. and many parts worldwide due to the alliance of in-house manufacturing capacities, which have led to an acute shortage of sterile injectables, adversely affecting the sterile injectables market. Earlier, there were individual companies developing injectables have now merged and acquired similar product profile companies in order to make up for operational cost required to develop the injectable. This in turn has adversely affected the sterile injectable market, leading to dearth of drugs. The global sterile injectable market was valued at US$ 299.7 billion in 2015 and is expected to witness a CAGR of 6.9% during the forecast period (2016 – 2024). © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Global Sterile Injectables Market Taxonomy: This report segments the sterile injectables market on the basis of molecule type, drug type, application, end user, and geography. On the basis of molecule type, the market is categorized into large molecules and small molecules. On the basis of drug type, the market is categorized into Monoclonal Antibodies (mAbs), Cytokines, Insulin, Peptide Hormones, Vaccines, Immunoglobulins, Blood Factors, Peptide Antibiotics, and Others. On the basis of application, the market is categorized into Cancer, Diabetes, Cardiovascular Diseases, Central Nervous Systems, Infectious Disorders, Musculoskeletal and Others. On the basis of end user, the market is categorized into Hospitals, Drug Stores, Pharmacies and online pharmacies. For comprehensive understanding of market dynamics, the global sterile injectables market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market. The global sterile injectables market report caters to various stakeholders in this industry, including investors, device/system manufacturers, distributors and suppliers for sterile injectables system, research and consulting firms, new entrants, and financial analysts
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REPORT DESCRIPTION Global Sterile Injectables Market: Key Players Major players involved in the Global Sterile Injectables Market include: ●
Baxter International Inc
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AstraZeneca plc
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Merck & Co., Inc
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Novartis AG
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Johnson & Johnson Services, Inc
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