Sterile Injectable Drugs Market Trends

  • Report ID: 3050
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Sterile Injectable Drugs Market Trends

Growth Drivers

  • Rising Prevalence of Diseases
  • Increasing Need for Vaccines amidst COVID-19 Pandemic

Challenges

  • Long Time Taken for the Approval of Drugs

Sterile Injectable Drugs Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

5.1%

Base Year Market Size (2023)

USD 605.34 billion

Forecast Year Market Size (2036)

USD 1.15 trillion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
 

 

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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3050
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising government initiatives to curb spread of chronic diseases is one of the major factors driving the market growth.

The market is anticipated to attain a considerable CAGR over the forecast period, i.e., 2021-2029.

Delay in drugs approval is one of the factors estimated to hamper the market growth.

The market in North America is estimated to garner the largest market share owing to the health awareness among people, high investment healthcare sector, and increasing R&D activities.

The major players in the market are GlaxoSmithKline plc, Bausch Health Companies Inc., Boehringer Ingelheim International GmbH, AbbVie Inc., Amgen Inc., Novartis AG, Progenity, Inc., Johnson & Johnson Services, Inc. and others.
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