North American API market is estimated to witness a growth rate of nearly 5.0% over the period of 2019–2025. Major factors driving the market growth are increasing chronic and acute diseases, growing focus on precision medicine, and surging biopharmaceutical industries in the region. Well-developed pharmaceutical manufacturing sector is significantly augmenting the North American drug as well as API market. The manufacturers are focusing more on research to develop innovative pharmaceuticals drugs with the support of a research organization. North America spends more on healthcare as compared to any other sector. As per the Committee for a Responsible Federal Budget (CRFB), the US spent approximately $3.5 trillion on health expenditures.

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The North American API market is segmented on the basis of type, type of synthesis, manufacturer type, therapeutics, and region. On the basis of type, the market is divided into a generic API and branded API. The branded API segment is estimated to be the dominant segment over the forecast period. On the basis of the type of synthesis, the market is classified into biotech API, synthetic API, and others. The synthetic API segment held the dominant position in the North American API market in 2018. Furthermore, the market is classified on the basis of therapeutics into cardiovascular drugs, oncology drugs, neurology drugs, Non-steroidal Anti-inflammatory Drugs (NSAIDs), and others. NSAIDs therapeutics segment held the leading position in 2018.

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The North American API market is fragmented in nature with the presence of various players operating in the market. Some of the prominent players that contribute significantly in the market include Teva Pharmaceutical Industries Ltd., Thermo Fisher Scientific Inc., Eli Lilly and Company, Lupin Pharmaceutical Inc., and others.

Market Segmentation

North American API Market by Type

General API
Branded API

North American API Market by Type of Synthesis

Biotech API
Synthetic API
Others (High Potency API)

North American API Market by Therapeutics

Cardiovascular Drugs
Oncology Drugs
Neurology Drugs
Non-Steroidal Anti-Inflammatory Drugs (NSAIDs)
Others (Orthopedic Drugs)

Regional Analysis

US
Canada

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