API intermediates market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.4% in the forecast period of 2021 to 2028 and is expected to reach USD 37,423.56 million by 2028. High burden of chronic diseases is acting as a driver for growing the demand of global API intermediates market.
Active pharmaceutical ingredients are the substance or combination of substances intended to be used in the manufacturing of a drug product which when used in the production of the drug, becomes an active pharmaceutical ingredient. Such substances are used to provide pharmacological activity.
Utilization of advanced technology in API and intermediates manufacturing is acting as a driver for boosting the demand of the global API intermediates market. Stringent government regulations for API intermediates are acting as a restraint for hampering the demand of the global API intermediates market. Rise in number of contract manufacturing organizations (CDMO) and contract research organizations (CMO) will further increase the growth opportunities for the global API intermediates market. Disruption in the supply chain of API intermediates due to COVID-19 acts challenging for the healthcare providers which may challenge the global API intermediates market.
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Market Analysis and Insights: API Intermediates Market:
The API intermediates market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market.
API Intermediates Market Scope and Market Size
The API intermediates market is segmented on the basis of the type, product, therapeutic class, customers, end users and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of type, the API intermediates market is segmented into veterinary drug intermediates and pharmaceutical / bulk drug intermediates. In 2021, pharmaceutical / bulk drug intermediates segment is expected to dominate the API intermediates market due to the rising demand of APIs for the production of finished goods and rising prevalence of various diseases which required continuous production of drugs.
· On the basis of product, the API intermediates market is segmented into bromo compound, O-benzyl salbutamol, hemisulfate, oxirane, bisoprolol base, chiral PCBHP, pheniramine base, chlorpheniramine base, brompheniramine base, mepyramine/pyrilamine base, 6-amino-1,3-dimethyl uracil, theofylline, acefylline, xanthine, nitriles and others. In 2021, nitriles segment is expected to dominate the API intermediates market due to the high cost of the products and continued research and development for the innovative APIs.
· On the basis of therapeutic type, the API intermediates market is segmented into autoimmune diseases, oncology, metabolic diseases, ophthalmology, cardiovascular diseases, infectious diseases, neurology, respiratory disorders, dermatology, urology and others. In 2021, cardiovascular diseases segment is expected to dominate the API intermediates market because cardiovascular is the leading cause of death globally.
Table of Contents: Global API Intermediates Market
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Covid-19 Impact on API Intermediates in Healthcare Industry
7 Global API Intermediates Market, by Product Type
8 Global API Intermediates Market, by Modality
9 Global API Intermediates Market, by Type
10 Global API Intermediates Market, by Mode
11 Global API Intermediates Market, by End User
12 Global API Intermediates Market, by Geography
13 Global API Intermediates Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports
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