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Generic Injectables Market Segments, Industry Growth, Size, Forecast 2023-28

Generic injectables are alternative drugs that are bio-equivalent to their branded counterparts.
Published 18 August 2023

The latest report published by IMARC Group, titled “Generic Injectables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on generic injectables industry report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global generic injectables market size reached US$ 43.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 70.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.3% during 2023-2028.

What are Generic Injectables?

Generic injectables refer to a category of pharmaceutical products that are akin to their brand-name counterparts in terms of composition, dosage, safety, efficacy, and intended use. These injectable medications play a crucial role in healthcare systems worldwide by providing cost-effective alternatives to branded injectable drugs. Generic injectables encompass a diverse range of therapies, including antibiotics, analgesics, hormones, and various other therapeutic classes. They are administered via injections and intravenous routes to deliver accurate dosages, making them essential in treating a multitude of medical conditions. The overarching goal of generic injectables is to offer accessible and affordable treatment options without compromising on quality, adhering to stringent regulatory standards to ensure patient safety and therapeutic equivalence.

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What are the growth prospects and trends in the generic injectables industry?

The global generic injectables market is shaped by a convergence of factors that underscore the need for accessible and affordable healthcare solutions. A pivotal driver is the increasing pressure to contain healthcare costs while maintaining high treatment standards. Healthcare providers and governments are increasingly turning to generic injectables as a means to achieve cost savings without compromising patient outcomes. Furthermore, the expiration of patents for numerous branded injectable drugs has paved the way for a competitive landscape, allowing generic injectable manufacturers to enter the market with bioequivalent alternatives. Also, innovation in production processes and supply chain management has emerged as a crucial strategy for companies within the generic injectables market. The emphasis on quality assurance and compliance with regulatory guidelines remains paramount to ensure patient safety and build trust among healthcare providers.

Explore Full Report with Table of Contents:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Hospira (Pfizer)
  • Fresenius Kabi
  • Hikma
  • Sandoz (Novartis)
  • Sagent
  • Sanofi
  • Baxter

Generic Injectables Market Segmentation:

Our report has categorized the market based on region, therapeutic area, container, and distribution channel.

Breakup by Therapeutic Area:

  • Oncology
  • Anaesthesia
  • Anti-infectives
  • Parenteral Nutrition
  • Cardiovascular

Breakup by Container:

  • Vials
  • Ampoules
  • Premix
  • Prefilled Syringes

Breakup by Distribution Channel:

  • Hospitals
  • Retail Pharmacy

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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