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Generic drugs

Generic Drugs Market Growth of USD 138.90 billion from 2021 to 2025 | Technavio

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The Generic Drugs Market report offers a comprehensive analysis of the strategies adopted by the vendors and the trends, drivers and challenges affecting the market size. The report identifies the low cost alternatives as one of the major growth factors of the market. The advent of RPA, the increase in mergers and acquisitions, and hospital-owned generics will be some of the market trends over the next few years.

The generic drugs market covers the following areas:

Sizing of the generic drug market
Generic Drugs Market Forecast
Generic Drugs Market Analysis

Companies mentioned

  • Amgen Inc.
  • Dr. Reddys Laboratories Ltd.
  • Fresenius SE and Cie KGaA
  • Merck et Cie Inc.
  • Novartis AG
  • Pfizer Inc.
  • Sanofi SA
  • Sun Pharmaceutical Industries Ltd.
  • Teva Pharmaceutical Industries Ltd.
  • Viatris inc.

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Scope of the generic drug market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of 6.33%

Market growth 2021-2025

$ 138.90 billion

Market structure

Fragmented

Annual growth (%)

5.95

Regional analysis

North America, Europe, Asia and ROW

Efficient contribution to the market

North America at 39%

Main consumer countries

United States, Germany, China, Japan and United Kingdom

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Amgen Inc., Dr. Reddys Laboratories Ltd., Fresenius SE and Co. KGaA, Merck and Co. Inc., Novartis AG, Pfizer Inc., Sanofi SA, Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd. and Viatris Inc..

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID 19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period,

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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SOURCE Technavio

Tags : drugs marketforecast periodgeneric drugsmarket reportmarket sizeunited states
Joan J. Dean

The author Joan J. Dean