Pharmaceutical Intermediates Market Size and Growth Rate:
Global
Pharmaceutical Intermediates Market was valued around USD 25,350 Million
in the year 2017 and this market predicted to witness a CAGR of 3.95% during
2018 to 2025 to reach a market size of XX Billion by the end of 2025.
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Pharmaceutical Intermediates Market Overview:
Advanced technology in
pharmaceutical companies is leveraging growth
opportunities for the pharmaceutical intermediates market
Intermediates are the crucial part
in forming building blocks of the active pharmaceutical ingredients (API). These
are obtained while manufacturing API and they differ with the various process. In
pharmaceutical companies, these intermediates are used to manufacture bulk
drugs as APIs are the major things in the producing effective drugs, these
intermediates will promote the quality and also show effective results.
Pharmaceutical Intermediates Market Growth Drivers and
Restraints:
Growing demand for chiral
intermediates and bulk drug intermediates and rise in the productivity of the
drugs is key driving factor for the market to grow extensively. Increasing
demand for the quality type of medicine in concern towards patient safety is
accelerating the demand of the market. Increasing number of pharmaceutical
companies globally is additionally fueling the growth of the market.
However, lack of proper
knowledge over the utilization of the products and manufacturing desired
products is slowly declining the growth of the market. Strict rules and
regulations by government is also impeding the demand of the market.
Rise in the investments by
government and changing schemes in favor to the common people are lucratively surging
growth opportunities for the market. Increasing prevalence of the infectious
diseases is also one of the factor outshining the demand of the market. Furthermore,
the market is bolstered by increasing research institutes and to develop latest
techniques for manufacturing drugs at lower cost.
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Pharmaceutical Intermediates Market Geographical Segmentation:
Regionally, the market is
segmented into North America, Europe, Asia Pacific, Middle East and Africa. North
America is accounted to lead the largest shares of the market from past decade
by owing to increasing investments on the pharmaceutical industries. Asia
Pacific is following North America in holding dominant shares of the market. Increasing
geriatric populations and growing support from the top most companies are
magnifying the demand of the market in this region. India and China are major
countries contributing largest shares of the market. Europe is accounted to
have highest growth rate from the recent years and also to continue the same
flow throughout the review period by adoption of latest technology and also
rise in the awareness towards health. Middle East and Africa is to have huge
opportunities for the growth of the market with the rise in the consumption
rate of the dietary supplements.
Key
Players of the Pharmaceutical Intermediates Market:
A.R. Life Sciences Private
Limited, Vertellus Holdings LLC, Lianhetech, Dishman Group, Midas Pharma GmbH,
Codexis, Inc., Chemcon Specialty Chemicals Pvt. Ltd, Aceto Corporation, Cycle
Pharma, Dextra Laboratories Ltd., BASF SE, Sanofi Winthrop Industries S.A., ZCL
Chemicals Ltd., and Easter Chemical Corporation are some of the players
involved in the pharmaceutical intermediates market.
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