Among these segments, complex biologics segment occupies maximum revenue share of 42.5% in global injectable drugs market and is expected to maintain its dominance over the forecast period. Increasing research & development spending in healthcare industry and growing demand for drug solutions for biologics such as rheumatology, gastroenterology and haematology is likely to boost the demand for complex biologics injectable drugs in the near future.
Challenging Innovation in Vaccines: A major Uplift For Global Injectable Drugs Market
Dengue is developing a risk of affecting half of world’s population and it kills more than 21,000 people every year. The biggest challenge is to create a vaccine which can cure all four forms of dengue strains. Researchers are trying to provide an innovative and preventive dengue vaccine. For instance, in 2016, International Centre for Genetic Engineering and Biotechnology (ICGEB) and Sun Pharma collaborated together to provide an injectable vaccine which can cure all four dengue strains. Such collaborations and researches to provide innovative drug solutions for complex and deadly disease are expected to boost the demand of injectable drugs in near future.
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Market Segmentation
The global injectable drugs market is categorized on the following basis:
• Based on Product Type
o Vaccines
o Insulin
o Conventional Therapeutics
o Complex Biologics
• Based on Geography
o North America (U.S. & Canada)
o Latin America ( Brazil , Mexico & Rest of Latin America)
o Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE)
o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)
o Middle East & Africa (GCC, South Africa, North Africa, RoMEA)
o Rest of World
“Global Injectable Drugs Market Outlook 2024” contains detailed overview of the global injectable drugs market in terms of market segmentation by product type.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Sacle) analysis, Porter’s five force model and SWOT analysis.
Global Injectable Drugs Market Report also provides competitive outlook of some of the major players of the global injectable drugs market which includes profiling of companies Pfizer Inc., Johnson & Johnson, Novartis AG, Merck & Co. Inc., . The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global injectable drugs market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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