Transparency
Market Research Reports included a detailed market survey and analysis trends
on “Generic Drugs Market”.
This report also includes more info about basic overview of the industry
including definitions, applications and global market industry structure.
The
generic drugs industry comprises of the manufacture and marketing of certain
drugs which have the same active ingredients as the brand-name drugs
manufactured by any pharmaceutical company. The major benefit of generic drugs
is that the cost of such drugs is much less than that of branded drugs. Generic
drugs come under the same governing framework as that of the brand-name drugs.
The rationale behind generic drugs is that the patented drugs generally have a
patent life of 20 years. However, the patent life of such drugs begins from the
clinical trials and thus their commercial life is far less (approximately 15
years). After the patent expiry the manufacturers of such drugs face intense
pricing pressure because of the competition from their cheap generic
counterparts.
Sale of generic drugs
also holds importance for entities such as wholesalers, pharmacies, and
pharmacy benefit managers, as the sale of generic drugs provides higher profit
margins than the sale of branded drugs. The generic drugs market is classified
as simple generics, super-generics and biosimilars. Furthermore, the generic
drugs market can be classified on the basis of their therapeutic applications
such as anti-infective drugs, central nervous system drugs, cardiovascular
products, anti-arthritis drugs, respiratory products, anti-cancer drugs and
others. Geographically, North America is the largest consumer and manufacturer
of generic drugs. In addition, the highest growth in this market is observed in
Asia-Pacific.
Some of the major
generic drugs manufacturers include pharmaceutical companies such as Dr.
Reddy’s Laboratories, Actavis, Mylan, Inc., Apotex, Inc., Ranbaxy Laboratories,
Ltd, Hospira, Inc., Par Pharmaceutical, Inc., Sandoz International GmbH, Teva
Pharmaceutical Industries, Ltd., Watson Pharmaceuticals, Ltd. and others.
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This research report analyzes this market depending
on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This report is a
complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons for Buying this
Report
- This report provides pin-point
analysis for changing competitive dynamics
- It provides a forward looking
perspective on different factors driving or restraining market growth
- It provides a technological growth
map over time to understand the industry growth rate
- It provides a seven-year forecast
assessed on the basis of how the market is predicted to grow
·
It helps in making informed business
decisions by having complete insights of market and by making in-depth analysis
of market segments
More Reports On Pharmaceutical
Market: -
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