Global High Potency Active Pharmaceutical Ingredients Market to 2030: Growth of Targeted Therapies Fuels the Sector - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "High Potency Active Pharmaceutical Ingredients Market Size, Share & Trends Analysis Report By Product (Synthetic, Biotech), By Manufacturer Type (In-house), By Drug Type, By Application, By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

The global high potency active pharmaceutical ingredients market size is expected to reach USD 40.66 billion by 2030 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030.

Companies Mentioned

• BASF SE
• CordenPharma International
• Dr. Reddy's Laboratories Ltd.
• Carbogen Amcis AG
• Pfizer Inc.
• Sun Pharmaceutical Industries Ltd.
• Teva Pharmaceutical Industries Ltd.
• Albany Molecular Research Inc.
• Sanofi
• Merck & Co., Inc.
• Novartis AG
• F. Hoffmann-La Roche Ltd.
• Bristol-Myers Squibb Company
• Boehringer Ingelheim GmbH
• Lonza
• Cipla Inc.

The growth of the HPAPI market is attributed to rising incidence of cancer, growing targeted therapies, and increasing application of high potency active pharmaceutical ingredients (HPAPI) in treating target diseases.

Rising prevalence of cancer is expected to be a major factor. According to the WHO, cancer is the second leading cause of death, accounting for around 9.9 million deaths in 2020.

Due to the growing number of people who contract the disease, cancer is regarded as one of the major health risks. The CDC states that factors such as smoking, obesity, alcohol use, and UV radiation exposure are risk factors for cancer since they contribute to the overall burden of the illness.

With limited treatment options and side effects associated with chemotherapy, there is a rising popularity of targeted therapy as it does not damage non-cancerous cells.

The proprietary technology of companies, such as drug designing & delivery technology helps develop novel treatment and HPAPI alternatives through collaborations with other key players, which may increase the number of research initiatives. For instance, in November 2021, the company launched a novel technology ChetoSensar to enhance the development of Antibody-Drug Conjugates (ADCs) therapies. This initiative is aimed at significantly doubling the company's efforts to boost its production of HPAPIs and ADCs.

Moreover,a closed containment facility is needed to manufacture HPAPIs because they are complex substances. To sustain continuous production, generic manufacturers are investing in the development of their facilities for manufacturing and technology improvements within these facilities, which is anticipated to propel the growth of the generic medication market throughout the course of the forecast period.

Furthermore, key players operating in the HPAPI market are focusing on expanding. For instance, in March 2022, Lonza announced the laboratory expansion completion for its Nansha, China facility. The expansion was aimed at capacity enhancement of its small scale facilities for CGMP production of high potency APIs.

High Potency Active Pharmaceutical Ingredients Market

• In 2022, synthetic segment held a dominant share in the HPAPI market owing to its easier synthesis and effectiveness in treatment offered by synthetic HPAPI
• Outsourced segment is projected to grow at the fastest rate over the forecast period owing to the increasing adoption of outsourcing of HPAPI
• Innovative HPAPI segment is the highest revenue-generating segment in 2022 owing to the increased focus on R&D.
• Oncology segment dominated the overall market owing to the rising cancer incidence worldwide along with an enhanced focus on targeted therapies
• Asia Pacific is expected to witness the fastest growth during the forecast period owing to the improved manufacturing facilities and the availability of many generic HPAPI producers

Key Attributes:

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 High Potency Active Pharmaceutical Ingredients Market Variables, Trends & Scope

3.1 Market Lineage Outlook

3.1.1 Parent Market Lineage Outlook

3.1.2 Related/Ancillary Market Outlook

3.2 Penetration & Growth Prospect Mapping

3.3 Market Dynamics

3.3.1 Market Driver Analysis

3.3.1.1 Rising prevalence of cancer

3.3.1.2 Growth of targeted therapies

3.3.1.3 Increasing application of HPAPI

3.3.2 Market Restraint Analysis

3.3.2.1 Large investments and very stringent safety and handling specifications associated with production of HPAPI

3.4 SWOT Analysis, By Factor (Political & Legal, Economic and Technological)

3.5 Industry Analysis - Porter's

3.6 Reimbursement & Regulatory Scenario

3.7 Major Deals & Strategic Alliances

Chapter 4 High Potency Active Pharmaceutical Ingredients Market: Competitive Landscape

Chapter 5 High Potency Active Pharmaceutical Ingredients Market: Segment Analysis, By Product, 2018 - 2030 (USD Million)

Chapter 6 High Potency Active Pharmaceutical Ingredients Market: Segment Analysis, By Type of Manufacturer, 2018 - 2030

Chapter 7 High Potency Active Pharmaceutical Ingredients Market: Segment Analysis, By Drug Type, 2018 - 2030 (USD Million)

Chapter 8 High Potency Active Pharmaceutical Ingredients Market: Segment Analysis, By Application, 2018 - 2030 (USD Million)

Chapter 9 High Potency Active Pharmaceutical Ingredients Market: Regional Business Analysis

Chapter 10 High Potency Active Pharmaceutical Ingredients Market: Company Profiles

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