Global Branded Generics Market Likely to Experience a Tremendous Growth in Near Future|| Teva Pharmaceutical Industries Ltd.; Zydus Cadila; Hetero; AstraZeneca; Mylan N.V.; Novartis AG
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The world class Global Branded Generics Market report includes a range of inhibitors as well as driving forces of the market which are analysed in both qualitative and quantitative approach so that readers and users get precise information and insights about industry. With the meticulous competitor analysis covered in this report, businesses can gauge or analyse the strengths and weak points of the competitors which helps build superior business strategies for their own product. To gain actionable market insights to build sustainable and money-spinning business strategies with an ease, Global Branded Generics Market research report is a great option.
The Objective of This Report:
The Global Branded Generics Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the Global Branded Generics Market. The report focuses on well-known providers in the Global Branded Generics Market industry, market segments, competition, and the macro environment.
Under COVID-19 Outbreak, how the Global Branded Generics Market Industry will develop is also analyzed in detail in this report.
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Global Branded Generics Market is expected to rise from its initial estimated value of USD 232.83 billion in 2018 to a projected value of USD 421.15 billion by 2026, registering a CAGR of 7.69% in the forecast period of 2019-2026. This rise in market value can be attributed to growing need for cheaper treatment options and pharmaceutical drugs required by patients.
Key Market Competitors:
Teva Pharmaceutical Industries Ltd.; Zydus Cadila; Hetero; AstraZeneca; Mylan N.V.; Novartis AG; Pfizer Inc.; GlaxoSmithKline plc; Aspen Holdings; Bausch Health; Eris Lifesciences Limited; Par Pharmaceutical; Sanofi; Apotex Inc.; Dr. Reddy’s Laboratories Ltd.; Abbott; Sun Pharmaceutical Industries Ltd.; Lupin Pharmaceuticals, Inc.; ALLERGAN; Stada Arzneimittel; Cipla Inc. and EVA PHARMA are few of the major competitors currently working in the branded generics market.
Global Branded Generics Market By Product Type (Value-Added Branded Generics, Trade Named Generics), Therapeutic Application (Oncology, Cardiovascular Diseases, Diabetes, Neurology, Gastrointestinal Diseases, Dermatology Diseases, Analgesics & Anti-Inflammatory, Others), Drug Class (Alkylating Agents, Antimetabolites, Hormones, Anti-Hypertensive, Lipid Lowering Drugs, Anti-Depressants, Anti-Psychotics, Anti-Epileptic, Others), Consumption Type (Oral, Parenteral, Topical, Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Definition: Global Branded Generics Market
Branded generic can be defined as those pharmaceutical drugs that have been re-released with a different brand name. These drugs are produced by various pharmaceutical manufacturing companies as the patent of this drug has already expired and the generic drugs are sold at a lower cost. Even though, there isn’t any difference in the quality or manufacturing process of the drug.
Market Drivers:
- Growth in the number of patents expired and expiring for the branded drugs; this factor is one of the major factors driving the market growth
- Growth in the incidents and population suffering from chronic diseases and disorders; this factor is expected to drive the market growth
Market Restraint:
- Lack of penetration associated with the number of generic drugs worldwide; this factor is expected to act as a restraint to the market growth
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Key Developments in the Market:
- In January 2019, Hetero announced the launch of generic version of “lapatinib” in India, which will be commercialized as “Hertab” by Hetero Healthcare Ltd.
- In February 2018, Hetero announced the launch of a generic fixed-dose combination (FDC) drug of “emtricitabine” and “tenofovir alafenamide” in India. The product has already been approved by Drug Controller General of India (DCGI) will be commercialized as “Tafero-EM” by Hetero Healthcare Ltd.
- In November 2017, Eris Lifesciences Limited announced that they had agreed to acquire the branded generics division of Strides Shasun Limited. This acquisition will help in establishing Eris Lifesciences Limited as one of the top ten companies worldwide for Central Nervous System treatment segment.
Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2: Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3: Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Global Branded Generics Market report effectively provides required features of the global market for the population and for the business looking people for mergers & acquisitions, making investments, new vendors or concerned in searching for the appreciated global market research facilities. It offers sample on the size, offer, and development rate of the market. The Global Branded Generics Market report provides the complete structure and fundamental overview of the industry market.
Other important GLOBAL BRANDED GENERICS MARKET data available in this report:
- Market share and year-over-year growth of key players in promising regions
- Emerging opportunities, competitive landscape, revenue and share of main manufacturers.
- Key performing regions (APAC, EMEA, Americas) along with their sub-regions are detailed in this report.
- Strategic recommendations, forecast & growth areas of the GLOBAL BRANDED GENERICS MARKET
- This report discusses the market summary, market scope& gives a brief outline of the Market
- Challenges for the new entrants, trends & market drivers.
- Competitive developments such as expansions, agreements, new product launches & acquisitions.
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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