Middle East and Africa Generic Drugs Market by type - Biosimilars, simple generic and super generic
The Middle East and Africa Generic drugs market was worth USD 27.02 billion in 2016 and is expected to reach USD 46.83 billion by 2021 at a CAGR of 10.77 %.
(EMAILWIRE.COM, October 09, 2017 ) According to the report the Middle East and Africa Generic drugs market, published by Market Data Forecast, The Market was worth USD 22.02 Billion in 2015 and estimated to reach USD 33.83 Billion by 2021 with a growth potential of 8.96 %.
Browse market data tables and in-depth TOC of the Middle East and Africa Generic drugs to 2021 @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-generic-drugs-market-2188/
Generic drugs are medication which has the exact same intended use, dosage, effects, risks, safety, side effects, and strength as the branded drug. They are far less expensive compared to branded drugs. Generic drugs are also known as abbreviated drugs. It can enter the market only after branded drug’s patent expires.
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The cost-effectiveness of abbreviated drugs has given it a competitive lead over branded drugs in the market. Key driving factor for generic drugs is patent expiry for branded drugs. Patent for Branded drugs with sales of up to USD 135 billion was expired in 2015. Nearly USD 150 Billion worth of patents for branded drugs will expire by 2020 which will give generic drugs a huge advantage. One more trend which influences market growth is outsourcing. Uncovered markets in this region are going to expand which is main reason for development in market. Vendors are using outsourcing as a strategy to reduce their capital which will be an advantage to generic drugs. Only restraint for this market is rigid rules setup by FDA for approval of these drugs and the threat of counterfeit drugs.
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Middle East and Africa Generic Drugs Market: Segmentation
• Type
o Biosimilars
o simple generics
o Super generics
o Y-o-Y Growth Analysis, By Product
o Market Attractiveness Analysis, By Product
o Market Share Analysis, By Product
• Therapeutic drugs
o Cardiovascular Products
o Anti-infective Drugs
o Anti Arthritis Drugs
o Central Nervous System Drugs
o Anti Cancer Drugs
o Respiratory System Drugs
o Others
o Y-o-Y Growth Analysis, By Therapeutic Drugs
o Market Attractiveness Analysis, By Therapeutic Drugs
o Market Share Analysis, By Therapeutic Drugs
• Geographical Analysis
• Middle East
• Africa
Key players in this market are Ranbaxy Laboratories, Ltd, Actavis, Mylan, Inc., Industries, Ltd., Dr. Reddy’s Laboratories, Par Pharmaceutical, Inc., Sandoz International GmbH, Hospira, Inc., Apotex, Inc., Watson Pharmaceuticals, Ltd., Teva Pharmaceutical and others.
Browse market data tables and in-depth TOC of the Middle East and Africa Generic drugs to 2021 @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-generic-drugs-market-2188/
Generic drugs are medication which has the exact same intended use, dosage, effects, risks, safety, side effects, and strength as the branded drug. They are far less expensive compared to branded drugs. Generic drugs are also known as abbreviated drugs. It can enter the market only after branded drug’s patent expires.
Download Free Sample Report @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-generic-drugs-market-2188/request-sample
The cost-effectiveness of abbreviated drugs has given it a competitive lead over branded drugs in the market. Key driving factor for generic drugs is patent expiry for branded drugs. Patent for Branded drugs with sales of up to USD 135 billion was expired in 2015. Nearly USD 150 Billion worth of patents for branded drugs will expire by 2020 which will give generic drugs a huge advantage. One more trend which influences market growth is outsourcing. Uncovered markets in this region are going to expand which is main reason for development in market. Vendors are using outsourcing as a strategy to reduce their capital which will be an advantage to generic drugs. Only restraint for this market is rigid rules setup by FDA for approval of these drugs and the threat of counterfeit drugs.
Buy now @ https://www.marketdataforecast.com/cart/buy-now/middle-east-and-africa-generic-drugs-market-2188
Middle East and Africa Generic Drugs Market: Segmentation
• Type
o Biosimilars
o simple generics
o Super generics
o Y-o-Y Growth Analysis, By Product
o Market Attractiveness Analysis, By Product
o Market Share Analysis, By Product
• Therapeutic drugs
o Cardiovascular Products
o Anti-infective Drugs
o Anti Arthritis Drugs
o Central Nervous System Drugs
o Anti Cancer Drugs
o Respiratory System Drugs
o Others
o Y-o-Y Growth Analysis, By Therapeutic Drugs
o Market Attractiveness Analysis, By Therapeutic Drugs
o Market Share Analysis, By Therapeutic Drugs
• Geographical Analysis
• Middle East
• Africa
Key players in this market are Ranbaxy Laboratories, Ltd, Actavis, Mylan, Inc., Industries, Ltd., Dr. Reddy’s Laboratories, Par Pharmaceutical, Inc., Sandoz International GmbH, Hospira, Inc., Apotex, Inc., Watson Pharmaceuticals, Ltd., Teva Pharmaceutical and others.
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results