US: Transparency Market Research has published a new market report titled, “Active Pharmaceutical Ingredient Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023.” The report provides a comprehensive evaluation of pharmaceutical market and incorporates an extensive quality analysis of the major dynamics impacting the development of the global pharmaceutical ingredient market.
The report throws light on the event impact evaluation for the active pharmaceutical ingredient market. The next section of the report throws light on the segmentation of the active pharmaceutical ingredient market. On the basis of manufacturing process, the market is segmented into contract manufacturing and captive manufacturing.
In terms of API type, the report segments the market into biological API and synthetic chemical API. By drug type, the report segments the market into generic, branded, and OTC prescription drugs. By therapeutic area, the report segments the market into cardiovascular disorders, metabolic disorders, neurological disorders, oncology, musculoskeletal disorders, NSAIDs, and other therapeutics uses. Geographically, the report segments the market into North America, Asia Pacific, Rest of Asia Pacific, Europe, and Rest of the World (RoW).
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The report suggest that the emerging players and the already established players in the global active pharmaceutical ingredient market can enhance their businesses in the market by the following two ways: Firstly, by expansion of their manufacturing capacities through acquisitions within promising geographies and secondly, by achieving cost leadership within particular API molecules.
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At the end of the report, the company profiles of the prominent players operating in the market have been presented. Some of these players are BASF SE, Allergan plc., Boehringer Ingelheim GmbH, Dr. Reddy’s Laboratories, Cambrex Corporation, Lonza Group, Pfizer, Inc., Sandoz (Novartis AG), and Mylan N.V., among others.