New Research on the Global Generic Drugs Market | Technavio
May 26 2018 - 10:11AM
Business Wire
Market research firm Technavio has announced the release
of their latest report on the global generic drugs market.
This new report will provide expert market insights for the
forecast period 2018-2022.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20180526005032/en/
Technavio has published a new market
research report on the global generic drugs market from
2018-2022.
The report will follow up on Technavio’s previous generic drugs
research, offering an up-to-date analysis of the market concerning
the current market scenario, latest trends and drivers, and the
overall global environment.
The upgraded research report on the generic drugs market is an
integral part of Technavio’s cardiovascular and metabolic
disorders portfolio. Technavio covers an extensive range of
market research reports on the cardiovascular and metabolic
disorders market, covering different regions and top industry
segments. Some of the topics include inflammatory bowel disease,
liver cirrhosis therapeutics, type 1 diabetes drugs, age-related
macular degeneration, and rheumatoid arthritis drugs.
This report is available at a USD 1,000 discount for a
limited time only: View market snapshot before
purchasing
Save more with Technavio. Buy 2 reports and get
the third for FREE: View all Technavio’s current
offers
Opportunities for growth in the
market
Technavio’s previous report on the global generic drugs market
projected that the Americas showed the highest potential with a
market share of nearly 41% in 2016 when compared to APAC and EMEA.
In the Americas, the growth of the market is attributed to the
increasing number of people with chronic illness and the patent
expiries of top-selling drugs. Countries such as the US is the
highest revenue contributor in this region. Even though the market
in the US is saturating, it is likely to remain the largest generic
drugs market in terms of value owing to the region's higher profit
margins and legislation that enables the growth of generic drugs.
This is expected to drive the US generic drug market size during
the forecast period.
In the previous report, a senior research
analyst at Technavio stated, “Most of the pharmaceutical companies
are increasing their focus on outsourcing as a business strategy as
they have been experiencing a decline in venture capital
investment. While some of the players are looking to outsource
parts of their R&D process, such as product characterization
testing and toxicology testing to contract organizations, the
others are encouraged to outsource parts or even their entire
manufacturing processes to other organizations. This emerging trend
of outsourcing helps pharmaceutical companies cut down on costs,
which will drive the generic drugs market growth in the
future.”
Technavio’s new on the report on the global generic drugs
market will evaluate the key geographical regions and
their behavior over the past four years, introducing new data and
observations and providing new predictions.
Looking for the latest information on the global generic
drugs market? Request a free sample report
Technavio’s sample reports are free of charge and contain
multiple sections of the report such as the market size and
forecast, drivers, challenges, trends, and more.
Detailed analysis at your
fingertips
Some of the topics that will be revisited in the new report
include:
- Market size and growth rate through
2022
- Top factors driving the market
growth
- Market opportunities and factors
impeding growth
- Market share analysis of the key
players
The report on the global generic drugs market for the
period 2018-2022 is available to order now and will be delivered
within one week of purchase.
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About Technavio
Technavio is a leading global technology research and
advisory company. Their research and analysis focuses on emerging
market trends and provides actionable insights to help businesses
identify market opportunities and develop effective strategies to
optimize their market positions.
With over 500 specialized analysts, Technavio’s report library
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version on businesswire.com: https://www.businesswire.com/news/home/20180526005032/en/
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 844 364 1100UK: +44 203 893 3200www.technavio.com