Global Active Pharmaceutical Ingredient Market - Prospects and Forecasts by 2020

Pune, India, November 3, 2015 (Newswire.com) - The global Active Pharmaceutical Ingredient Market is expected to Grow USD 205.51 billion by 2020 from USD 150 billion in 2015, at a CAGR of 6.5% during the forecast period.

The global active pharmaceutical ingredient market is expected to grow at a CAGR of 6.5% and to gather total estimation of $205.51 billion by 2020 driven by increasing incidence of life style and age related diseases, increasing prevalence of cancer across the world.

Active Pharmaceutical Ingredient Market, Pharmaceuticals, Active Pharmaceutical Ingredient, Active Pharmaceutical Ingredient Market by type (Innovative, Generic)

The Active Pharmaceutical Ingredients market is categorized on the basis of type, type of manufacturer, type of synthesis, therapeutic area and region. Factors such as increasing incidence of life style and age related diseases, Increasing prevalence of cancer across the world, Technological advancements in the APIs Manufacturing, Emerging markets for biosimilars and increasing scope for Highly potent active ingredients are driving market growth. On the other hand, stringent regulatory guidelines and global economic recession may restrict market growth in the forecast period.

Complete report on active pharmaceutical ingredients market spread across 206 pages, profiling 10 major companies and supported with 121 tables and 56 figures is now available at http://www.rnrmarketresearch.com/active-pharmaceutical-ingredient-market-by-type-innovative-generic-type-of-synthesis-synthetic-biotech-type-of-manufacturer-captive-merchant-therapy-oncology-diabetes-orthopedic-cns-nephrology-ophthalmology-global-forecast-to-market-report.html

An active pharmaceutical ingredient (API) in a drug formulation is a biologically active compound which is responsible for eliciting a therapeutic activity.

Major factors driving the market growth are increasing global incidence of lifestyle and age-related diseases as well as cancer, technological advances in API manufacturing, increased awareness among people for better personal healthcare, government initiatives to increase availability and accessibility for better healthcare, and development of biologics and high potency API. On the other hand, stringent regulatory guidelines and global economic recession are some of the factors that may hinder the growth this market.

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Key market players Teva Pharmaceuticals limited (Israel), Sun Pharmaceuticals Industries Limited (India), Dr. Reddy’s Laboratories Ltd. (India), Aurobindo (India), Novartis International AG (Switzerland), Boehringer Ingelheim (Germany), Albemarle Corporation (U.S.), Sigma Aldrich (U.S.), Mylan (U.K.), Allergan plc. (Ireland).

Stakeholders include Manufacturers of API Distributors and Suppliers of APIs, Potential Investors in the API Market, Pharmaceutical Companies, Biotechnology Companies, Contract Manufacturing Organizations and Healthcare Payers

Priced at $4650 for a single user PDF, a discount on “Active Pharmaceutical Ingredient Market by type (Innovative, Generic), Type of Synthesis (Synthetic, Biotech), Type of Manufacturer (Captive, Merchant), Therapy (Oncology, diabetes, Orthopedic, CNS, Nephrology, Ophthalmology) - Global Forecast to 2020” research report can be requested at http://www.rnrmarketresearch.com/contacts/purchase?rname=426219

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