Global Small Molecule API Market Will Grow With a CAGR of 7.0% During Forecast Period: 2017-2024

Global Small Molecule API Market is accounted for USD 132.85 billion in 2016 growing at a CAGR of 7.0% during the forecast period of 2017 to 2024. The upcoming market reports contain data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major Market Drivers and Restraints:

  • Rising demand for the small molecule drugs.
  • Infrastructure development of the pharmaceutical industry
  • Rising consumer awareness towards health issues
  • Increasing incidences of infective diseases
  • Technological advancements
  • Stringent regulatory requirements
  • Global economic recession

The global small molecule API market is segmented on the basis of product type, application, production, and geography.

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On the basis of types, the global small molecule API market is segmented into synthetic/chemical and biological.

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On the basis of application, the global small molecule API market is segmented into oncology, neurology, cardiovascular, metabolic, infectious, immunology, and respiratory.

On the basis of production, global small molecule API market is segmented into captive, merchant/contract.

On the basis of geography, report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. Among these, North America dominates the global small molecule API market.

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The Global Small Molecule API Market Report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.

Some of the major players operating in this market are

  • ALLERGAN
  • Aurobindo Pharma
  • Albemarle Corporation
  • Cambrex Corporation
  • Reddy’s Laboratories Ltd
  • GlaxoSmithKline plc
  • Lonza
  • Merck Sharp & Dohme Corp.
  • Mylan N.V.
  • Novartis AG
  • Pfizer Inc.
  • Sun Pharmaceutical Industries Ltd.
  • Teva Pharmaceutical Industries Ltd.

 

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