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Global Generic drugs market is poised to reach USD 652.60 billion by 2021

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Global Generic drugs market was worth USD 395.20 billion in 2016 and is expected to reach USD 652.6 billion by 2021 with a CAGR of 10.53% – PowerPoint PPT presentation

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Title: Global Generic drugs market is poised to reach USD 652.60 billion by 2021


1
RESEARCH REPORT JUN 2017
GLOBAL GENERIC DRUGS MARKET RESEARCH
REPORT (2016-2021)
2
Global Generic Drugs Market
Global Generic drugs market was worth USD 200.20
Billion in 2015 and is expected to reach USD 180
Billion by 2021 with a CAGR of 10.53. This
market will increase tremendously during forecast
period.
Generic drugs are copies of branded drugs which
have exactly same composition, intended
use, effects, side effects, risks, safety, and
strength as the genuine drug. An example of a
generic drug for diabetes is metformin. They are
cost effective compared to branded drugs.
Generic drugs are also known as abbreviated
drugs. To sell a generic drug manufacturing
company must submit an Abbreviated New Drug
Application for approval. The Drug Price
Competition and Patent Term Restoration Act
of 1984, mostly known as the Hatch-Waxman
Act, made ANDAs feasible by creating a
compromise in the drug industry. Generic drug
companies have obtained greater access to the
market for prescription drugs, and branded
companies have obtained restoration of patent
life for their drugs lost during FDA's approval
process.
The cost-effectiveness of abbreviated drugs has
given it a competitive lead over branded drugs
in the market. Key driving factor for generic
drugs is patent expiry for branded drugs. Patent
for Branded drugs with sales of up to USD 135
billion was expired in 2015. Nearly USD 150
Billion worth of patents for branded drugs will
expire by 2020 which will give generic drugs a
huge advantage. One more trend which influences
market growth is outsourcing. Vendors are using
outsourcing as a strategy to reduce their
capital which will be an advantage to generic
drugs. Only restraint for this market is rigid
rules setup by FDA for approval of these drugs
and the threat of counterfeit drugs.
Generic drugs market is segmented into
Biosimilars, Simple generic and Super generic.
Based on therapeutic drugs, they are further
segmented into Cardiovascular products,
anti-infective products, anti-arthritis drugs,
central nervous system drugs, anti-cancer
drugs, respiratory products, and others.
Super generics are sold at higher price than
their pure generic counterpart. Super generics
account for 18 of total spending on generic
drugs. But biosimilars are comparatively cost
effective even among generic drugs.
Biosimilar drugs is expected to have
significant growth during the forecast
period. Based on Geography, Global Generic
drugs market is further segmented in to
regions such as North America, Asia-Pacific,
Europe, Latin America and Middle East and Africa.
North America dominates the market globally
followed by Europe and Asia-pacific. Asia-Pacific
is expected to grow significantly because of
developing countries like India, China and Japan
establishing pathways for approvals of generic
drugs and their untapped market potential.
Key players in this market are Ranbaxy
Laboratories, Ltd, Actavis, Mylan, Inc.,
Industries, Ltd., Dr. Reddys Laboratories, Par
Pharmaceutical, Inc., Sandoz International GmbH,
Hospira, Inc., Apotex, Inc., Watson
Pharmaceuticals, Ltd., Teva Pharmaceutical and
others.
TABLE OF CONTENTS 1.Introduction 1.1 Market
Definition 1.2 Study Deliverables 1.3 Base
Currency, Base Year and Forecast Periods 1.4
General Study Assumptions 2. Research Methodology
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Global Generic Drugs Market
2.1 Introduction 2.2 Research Phases 2.2.1
Secondary Research 2.2.2 Primary Research 2.2.3
Econometric Modelling 2.2.4 Expert Validation 2.3
Analysis Design 2.4 Study Timeline 3.
Overview 3.1 Executive Summary 3.2 Key
Inferences 3.3 Epidemology 4. Drivers,
Restraints, Opportunities, and Challenges
Analysis (DROC) 4.1 Market Drivers 4.2 Market
Restraints 4.3 Key Challenges 4.4 Current
Opportunities in the Market 5. Market
Segmentation 5.1 Type 5.1.1 Introduction 5.1.2
Biosimilars 5.1.3 simple generics 5.1.4 Super
generics
5.1.5 5.1.6 5.1.7
Y-o-Y Growth Analysis, By Product Market
Attractiveness Analysis, By Product Market Share
Analysis, By Product
5.2 Therapeutic drugs 5.2.1 Introduction 5.2.2
Cardiovascular Products 5.2.3 Anti-infective
Drugs 5.2.4 Anti Arthritis Drugs 5.2.5 Central
Nervous System Drugs 5.2.6 Anti Cancer Drugs
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Global Generic Drugs Market
5.2.7 Respiratory System Drugs 5.2.8 Others 5.2.9
Y-o-Y Growth Analysis, By Therapeutic
Drugs 5.2.10 Market Attractiveness Analysis, By
Therapeutic Drugs 5.2.11 Market Share Analysis,
By Therapeutic Drugs View Full Report _at_
http//www.marketdataforecast.com/market-reports/g
lobal-generic-drugs- market-2183/ 6.
Geographical Analysis 6.1 Introduction 6.1.1
Regional Trends 6.1.2 Impact Analysis 6.1.3 Y-o-Y
Growth Analysis 6.1.3.1 By Geographical
Area 6.1.3.2 By Type 6.1.3.3 By Therapeutic
Drugs 6.1.4 Market Attractiveness
Analysis 6.1.4.1 By Geographical Area 6.1.4.2 By
Type 6.1.4.3 By Therapeutic Drugs 6.1.5 Market
Share Analysis 6.1.5.1 By Geographical
Area 6.1.5.2 By type 6.1.5.3 By Therapeutic
Drugs Download Free Sample Report _at_
http//www.marketdataforecast.com/market-reports/g
lobal- generic-drugs-market-2183/request-sample 6
.2 North America 6.1.1 Introduction 6.1.2 United
States 6.1.3 Canada 6.3 Europe 6.2.1
Introduction 6.2.2 U.K 6.2.3 Spain
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Global Generic Drugs Market
6.2.4 Germany 6.2.5 Italy 6.2.6
France http//www.marketdataforecast.com/market-re
ports/global-generic-drugs-
Avail
Discount
_at_
market-2183/request-discount 6.4
Asia-Pacific 6.3.1 Introduction 6.3.2 China 6.3.3
India 6.3.4 Japan 6.3.5 Australia 6.3.6 South
Korea Buy now _at_ https//www.marketdataforecast.com
/cart/buy-now/global-generic-drugs-market-2183 6.5
Latin America 6.4.1 Introduction 6.4.2
Brazil 6.4.3 Argentina 6.4.4 Mexico 6.4.5 Rest of
Latin America 6.6 Middle East Africa 6.5.1
Introduction 6.5.2 Middle-East 6.5.3
Africa 7.Strategic Analysis 7.1 PESTLE
analysis 7.1.1 Political 7.1.2 Economic 7.1.3
Social 7.1.4 Technological 7.1.5 Legal 7.1.6
Environmental 7.2 Porters Five analysis 7.2.1
Bargaining Power of Suppliers
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Global Generic Drugs Market
7.2.2 Bargaining Power of Consumers 7.2.3 Threat
of New Entrants 7.2.4 Threat of Substitute
Products and Services 7.2.5 Competitive Rivalry
within the Industry 8.Market Leaders'
Analysis 8.1 Ranbaxy Laboratories 8.1.1
Overview 8.1.2 Product Analysis 8.1.3 Financial
analysis 8.1.4 Recent Developments 8.1.5 SWOT
analysis 8.1.6 Analyst View 8.2 Actavis 8.3
Mylan, Inc. Industries, Ltd. 8.4 Dr. Reddys
Laboratories 8.5 Par Pharmaceutical, Inc. 8.6
Sandoz International GmbH 8.7 Celgene
Corporation 8.8 Apotex, Inc. 8.9 Watson
Pharmaceuticals, Ltd. 8.10 Teva Pharmaceutical
and others. 9.Competitive Landscape 9.1 Market
share analysis 9.2 Merger and Acquisition
Analysis 9.3 Agreements, collaborations and Joint
Ventures 9.4 New Product Launches 10.Market
Outlook and Investment Opportunities Appendix a)
List of Tables b) List of Figures
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Global Generic Drugs Market
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Global Generic Drugs Market
SCOPE OF THE REPORT
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Global, regional and country-level analysis
and forecasts of the study market providing
Insights on the major countries/regions in which
this industry is blooming and to also identify
the regions that are still untapped Segment-level
analysis in terms of technology, component,
and type along with market size forecasts and
estimations to detect key areas of industry
growth in detail Identification of key drivers,
restraints, opportunities, and challenges (DROC)
in the market and their impact on shifting
market dynamics Study of the effect of exogenous
and endogenous factors that affect the global
market which includes broadly demographic,
economics, and political, among other
macro-environmental factors presented in an
extensive PESTLE Analysis Study the micro
environment factors that determine the overall
profitability of an Industry, using Porters
five forces analysis for analyzing the level of
competition and business strategy development A
comprehensive list of key market players
along with their product portfolio, current
strategic interests, key financial information,
legal issues, SWOT analysis and analyst overview
to study and sustain the market
environment Competitive landscape analysis
listing out the mergers, acquisitions,
collaborations in the field along with new
product launches, comparative financial studies
and recent developments in the market by the
major companies An executive summary, abridging
the entire report in such a way that decision-
making personnel can rapidly become acquainted
with background information, concise analysis
and main conclusions Expertly devised analyst
overview along with Investment opportunities to
provide both individuals and organizations a
strong financial foothold in the market
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ABOUT US Market Data Forecast is a firm working
in the areas of market research and business
intelligence. We have rich experience in
research across various business domains and we
cater to the needs of both individual and
corporate clients. Our research services assist
clients in key business areas like business
process improvement, key decision making and
developing appropriate corporate strategy. We
are truly committed to our clients and
other stakeholders for providing customized
research services of the highest quality.
CONTACT INFORMATION We always look forward to
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boundaries and extending our reach beyond
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