Pune, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Generic Drugs market report shares valuable information about global development status, opportunities, and challenges in near future, as past data analyzed by industry experts which is helpful for you to take needful discussions. Generic Drugs market study offers information about the sales and revenue during the historic and estimated period of 2017 to 2028. Understanding the benefits of the segment in identifying the significance of different factors that help the industry progress.
Generic Drugs market report also covers all the regions and countries of the world, which shows the regional development status, with market size, volume, and value, as well as price data, key players, and regional analysis. Moreover, the report similarly covers segment data, with type segment, application segment, channel segment, etc.
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A generic drug is a pharmaceutical drug that is equivalent to a brand-name product in dosage, strength, route of administration, quality, performance, and intended use. The term may also refer to any drug marketed under its chemical name without advertising, or to the chemical makeup of a drug rather than the brand name under which the drug is sold.
The global Generic Drugs market size is projected to reach USD 551330 million by 2028, from USD 313470 million in 2021, at a CAGR of 8.3% during 2022-2028.
Segmentation by Types: -
- Prescription
- Non-Prescription Drugs
Segmentation by Applications: -
- Hospital
- Clinic
- Others
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Geographic Segmentation: -
- North America
- Europe
- Asia-Pacific
- South America
- The Middle East and Africa
North America is the largest consumption place, with a consumption market share nearly 44%. Following North America, Europe is the second largest consumption place with the consumption market share of 18%.
Major players in the global market include: -
- Teva
- Novartis - Sandoz
- Mylan
- Sun Pharmaceutical
- Aspen
- Fresenius Kabi
- Pfizer (Hospira)
- Sanofi
- Aurobindo
- Lupin
- Dr. Reddy's
- Apotex
Market competition is not intense. Teva, Novartis – Sandoz, Mylan, Sun Pharmaceutical and Aspen are the leaders of the industry, with about 19% market shares.
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Detailed TOC of Global Generic Drugs Market Research Report 2022
1 Report Overview
2 Global Growth Trends
3 Competition Landscape by Key Players
4 Generic Drugs Breakdown Data by Type
5 Generic Drugs Breakdown Data by Application
6 North America
7 Europe
8 Asia-Pacific
9 Latin America
10 Middle East & Africa
11 Key Players Profiles
12 Analyst's Viewpoints/Conclusions
13 Appendix
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