Global High Potency Active Pharmaceutical Ingredients Market: Industry Perspective, COVID-19 Impact Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2030

API (Active Pharmaceutical Ingredient) is the active compound that is present in the medicine. Highly potent APIs are capable of targeting diseased cells selectively and more precisely than any other compounds. An increase in cancer-related cases is expected to drive the HPAPI market over the forecast period. Since chemotherapy has some disadvantages also, which results in affecting the non-cancerous cells during the medical treatment process and this is the reason why the targeted therapy approach is gaining popularity, in this process of therapy non-cancerous cells are not harmed by the medicines. This is why HPAPI came into existence and they are used as antibody-drug conjugates (ADCs) too. ADCs are the most important & effective treatment in combination with monoclonal antibodies & biologically active drugs for cancer. HPAPI are therefore used in hormonal drugs that are used for treating breast cancer. One of the important use of HPAPI is in treating Glaucoma disease. Further HPAPIs have application use in cardiovascular drugs, central nervous system drugs, and musculoskeletal drugs. The drug’s being used for cancer treatment is cytotoxic in nature and is harmful to non-cancerous cells which results in extensive damage to patient’s health. To overcome such issue the pharmaceutical industry is looking forward to preparing biologic drug which will not harm the non- cancerous cell during the treatment procedure. One of the major challenges with the use of less effective drugs is its ineffectiveness during the cancer treatment and hence the need for a targeted therapy approach came into existence. The global high potency active pharmaceutical ingredients (APIs) market was valued at USD 16.4 billion in 2020 and is expected to reach 43.8 billion by 2030 with a CAGR of 10.3% over the forecast period.
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Market Dynamics and Factors:
Due to the rise in the frequency of chronic diseases such as cancer and more demand for generic drugs like HPAPIs is attracting the growth of these drugs in the market. However, the contract manufacturers need to invest heavily in infrastructure and specifically designed machines will raise the cost, which is considered as major restraint. Also, the rising demand for biologic and synthesis drugs with innovative therapeutics will boost the high potency active pharmaceutical ingredients market. Moreover, due to the continuous evolution of industry standards, technology and regulations will be a major challenge.
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Market Segmentation:
Global High Potency Active Pharmaceutical Ingredients Market – By Product
Synthetic
Biotech
Global High Potency Active Pharmaceutical Ingredients Market – By Manufacturer
In-house
Outsourced
Global High Potency Active Pharmaceutical Ingredients Market – By Application
Oncology
Hormonal
Glaucoma
Others
Global High Potency Active Pharmaceutical Ingredients Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis:
Developing nations such as India and China present high growth opportunities for players in the High Potency Active Pharmaceutical Ingredients market. In most of these geographies, the market is expected to show a high growth rate in the coming years due to their huge population and improving living standards. Diseases like glaucoma, musculoskeletal diseases, and precisely cancer have a significant impact on the health status of people worldwide. According to the WHO, in 2014, nearly 66% of all cancer-related deaths occurred in developing countries. Additionally, according to GLOBOCAN 2012, a total of 6.8 million new cancer cases were reported in 2012 in Asia; which is expected to reach 8.4 million cases by 2020, by 24%. Furthermore, developing regions have mild and adaptable regulations, which make these markets highly lucrative for providers who are unable to meet the stringent standards set by the federal government in the US. Moreover, developing countries like China and India offer enormously low manufacturing and labor costs and highly skilled labor; this inspires players in developed regions to invest in this market.
Competitive Scenario:
The major players high potency active pharmaceutical ingredients market are Pfizer (US), Novartis International AG (Switzerland), Sanofi (France), Boehringer Ingelheim (Germany), Bristol-Myers Squibb (US), Teva (Israel), Eli Lilly and Company (US), Merck (US), AbbVie (US), Mylan (US), and F. Hoffmann-La Roche (Switzerland).
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global High Potency Active Pharmaceutical Ingredients industry, although key threats, opportunities and disruptive technologies that could shape the Global High Potency Active Pharmaceutical Ingredients Market supply and demand.
The report tracks the leading market players that will shape and impact the Global High Potency Active Pharmaceutical Ingredients Market most.
The data analysis present in the Global High Potency Active Pharmaceutical Ingredients Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global High Potency Active Pharmaceutical Ingredients Market business.
The 2021 Annual Global High Potency Active Pharmaceutical Ingredients Market offers:
100+ charts exploring and analysing the Global High Potency Active Pharmaceutical Ingredients Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global High Potency Active Pharmaceutical Ingredients Market type
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