Money, Fiance News, Press Release Distribution
Financial News and Press Release Distribution Services

Submit RSS Feed | About US | Contact Us





Home | Personal Finance News | Submit Press Release
Unlimited Press Release Distribution
Press release distribution service

Money News Media
Bankrate
CNBC
CNNMoney
Finacial Times
FOX Business
Moneynews


Money News Now


USNews
Reuters Money
RSS News Feed
Get your news feed listed here as other news media shown above! Submit RSS News Feed

Personal Finance News Releases

Specialty Generics Market Overview, Trends, Opportunities, Growth and Forecast by 2024

 



(MoneyNewsWire.Net, July 17, 2019 ) According to the latest report by IMARC Group, titled “Specialty Generics Market Research Report and Forecast 2019-2024”, the global specialty generics market size reached US$ 44.8 Billion in 2018. Specialty generics refer to off-patented drugs which are used to target chronic or complex health conditions. These drugs require special handling, monitoring or administration and generally need prior authorization to order them. Nowadays, specialty generics are gaining immense popularity as they are utilized to treat rare chronic diseases such as cancer, HIV AIDS, rheumatoid arthritis and hemophilia.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/specialty-generics-market/requestsample

Global Specialty Generics Market Trends:

The increasing demand for specialty drugs has encouraged the governments of various countries to regulate and provide supporting policies for the production of specialty generics. Besides this, unlike newly patented specialty drugs, specialty generics are less expensive to develop and manufacture as they do not have to undergo any clinical trials and approval before entering the market. As a result, these products involve low risk and high margins as compared to newly patented drugs which usually take three to four years for product development and approval. Moreover, manufacturers are involved in research and development (R&D) to create new and innovative specialty drug formulations that are more efficient and cost-effective as compared to their branded counterparts. Additionally, several companies are engaging in mergers and acquisitions (M&A) to expand their specialty generics capacities. For instance, Alvogen, a pharmaceutical company, acquired County Line Pharmaceuticals that is involved in the development of specialty generics. Looking forward, the market value is projected to reach US$ 88.9 Billion by 2024, exhibiting a CAGR of 11.9% during 2019-2024.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/specialty-generics-market

Market Summary:

Based on the route of the administration, the market has been segregated into injectables, drugs and others. Amongst these, injectables currently dominate the market across the globe.

On the basis of the indication, oncology holds the majority of the global market share. Some of the other segments are autoimmune and infectious diseases.

The market has been categorized based on the distribution channel into retail pharmacies, specialty pharmacies and hospital pharmacies. At present, specialty generics are majorly distributed through specialty pharmacies.

Region-wise, North America enjoys the leading position in the global specialty generics market. Other major regions include Asia Pacific, Europe, Middle East and Africa, and Latin America.

The competitive landscape of the market has also been examined with some of the key players being Teva Pharmaceuticals Industries, Akorn, Inc., Mylan N.V., Mallinckrodt, Sandoz International GmbH, Pfizer, Inc., Sun Pharmaceutical Industries Ltd., Valeant Pharmaceuticals, Apotex Corp., Endo International plc.

Browse similar reports by IMARC Group:

Europe Specialty Generics Market Research Report and Forecast: https://www.imarcgroup.com/europe-specialty-generics-market

United States Specialty Generics Market Research Report and Forecast: https://www.imarcgroup.com/united-states-specialty-generics-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC Services Pvt. Ltd.

Richard Lewis

6317911145

sales@imarcgroup.com

Source: EmailWire.Com


Personal Finance News
  • Auto
  • CDs
  • College
  • Credit Cards
  • Insurance
  • Mortgage
  • Mutual Funds
  • Retirement
  • Savings
  • Taxes

  • Money RSS Marketpalce

    Free Finance Magazines Downloads
    Get free publications including magazines, white papers on finance, investments.
    Submit RSS news feed on Finance, Investment.
    Have your feed on news, products or services displayed under this marketpalce. The feed also displayed on a full page and updated daily.



    Money NewsWire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    Money-NewsWire.Net - Newswire and Press Release service of GroupWeb Media LLC