Pune, March 07, 2022 (GLOBE NEWSWIRE) -- Generic Drugs market 2022 research report gives experts analysis on the global current market size estimate, market scenario, structure, products, top industry players, segmentation by types, applications. Generic Drugs market report covers the dynamics that have a strong impact on the Generic Drugs market and can also impact its upcoming development. Growth inducing dynamics, market restraints and recent growths have also been analysed in the report in order to deliver profound data about the industry.
A generic drug is a pharmaceutical drug that is equivalent to a brand-name product in dosage, strength, route of administration, quality, performance, and intended use. The term may also refer to any drug marketed under its chemical name without advertising, or to the chemical makeup of a drug rather than the brand name under which the drug is sold.
Market competition is not intense. Teva, Novartis – Sandoz, Mylan, Sun Pharmaceutical and Aspen are the leaders of the industry, with about 19% market shares.
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North America is the largest consumption place, with a consumption market share nearly 44%. Following North America, Europe is the second largest consumption place with the consumption market share of 18%.
The global Generic Drugs market size is projected to reach USD 505790 million by 2027, from USD 281010 million in 2020, at a CAGR of 8.3% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Generic Drugs market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Generic Drugs market in terms of revenue.
Market Segmentation: -
Generic Drugs market report provides analysis of the key trends in each sub-segment of the worldwide Generic Drugs report, with estimates for development at the global, regional and country level and categorized the market based on product type, applications.
Segment by Type
- Prescription
- Non-Prescription Drugs
Segment by Application
- Hospital
- Clinic
- Others
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The top leading firms in the market are mostly concentrating on new ideas associated to the invention and supply of Generic Drugs. These policies will let the key players to extend their business limits and increase their position in the market. The following are some of the key players in the Generic Drugs Market:
By Company
- Teva
- Novartis - Sandoz
- Mylan
- Sun Pharmaceutical
- Aspen
- Fresenius Kabi
- Pfizer (Hospira)
- Sanofi
- Aurobindo
- Lupin
- Dr. Reddy's
- Apotex
- Cipla
- ENDO (Par Pharmaceutical)
- Stada Arzneimittel
- Krka Group
- Nichi-Iko Pharmaceutical
- Valeant
- Zydus Cadila
- Hikma
- Pharmaniaga Berhad
- Hovid Berhad
- Duopharma Biotech
- Kotra Pharma
- HOE Pharmaceutical
- Y.S.P. Industries
By Region
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
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TOC of Global Generic Drugs Market Size, Status and Forecast 2022
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Generic Drugs Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Type 1
1.2.3 Type 2
1.3 Market by Application
1.3.1 Global Generic Drugs Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 Application 1
1.3.3 Application 2
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Generic Drugs Market Perspective (2016-2027)
2.2 Generic Drugs Growth Trends by Regions
2.2.1 Generic Drugs Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 Generic Drugs Historic Market Share by Regions (2016-2021)
2.2.3 Generic Drugs Forecasted Market Size by Regions (2022-2027)
2.3 Generic Drugs Industry Dynamic
2.3.1 Generic Drugs Market Trends
2.3.2 Generic Drugs Market Drivers
2.3.3 Generic Drugs Market Challenges
2.3.4 Generic Drugs Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Generic Drugs Players by Revenue
3.1.1 Global Top Generic Drugs Players by Revenue (2016-2021)
3.1.2 Global Generic Drugs Revenue Market Share by Players (2016-2021)
3.2 Global Generic Drugs Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Generic Drugs Revenue
3.4 Global Generic Drugs Market Concentration Ratio
3.4.1 Global Generic Drugs Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Generic Drugs Revenue in 2020
3.5 Generic Drugs Key Players Head office and Area Served
3.6 Key Players Generic Drugs Product Solution and Service
3.7 Date of Enter into Generic Drugs Market
3.8 Mergers & Acquisitions, Expansion Plans
Questions answered in the Generic Drugs market research report:
- What is the Generic Drugs market size?
- What are the market driving factors behind the Generic Drugs market?
- What are the market trends and forecast for the global Generic Drugs market?
- What are the trends and forecasts based on market research and analysis of Generic Drugs market segmentation by type, application, geography?
- Which are the major global Generic Drugs companies?
- What is the CAGR and Revenue expected in future?
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