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(IT-NEWSWIRE.COM, November 30, 2017 ) Branded generics market report gives a comprehensive outlook on branded generics across the globe with special emphasis on key regions such as Asia-Pacific, Latin America, Middle East & Africa (MEA), North America, and Europe. Branded generics market report deals with deals with detailed market outlook in Emerging markets such as Brazil, Russia, China, India, and other Eastern Europe, Latin American countries. The report on branded generics market gives historical, current, and future market sizes (US$ Mn) on the basis of diseases Indication, route of administration, distribution channel, and geographic regions. This report studies branded generics market dynamics in emerging markets and developed markets elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, branded generics market report includes new product introductions, recent drug patent expiration data, regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed branded generics market to better equip clients with possible investment opportunities across the emerging markets (Regional Investment Hot-Spots) and market unmet needs (Product/Disease Opportunities). Key stakeholders of the branded generics market report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply of branded generics.
A sample of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/global-branded-generics-market/#ulp-4H8Z4LpNMLEuOnnx
Branded Generics Market:
The branded generics market estimated to be valued US$ 224.0 Bn in 2017 and poised to grow at CAGR 7.7 %. The market for branded generics projected to reach US$ 350.0 Bn by 2023.
Increasing prevalence of chronic diseases such as diabetes, hypertension coupled with rising out-of-pocket healthcare expenditure driving the branded generics market revenue growth in developing regions
The market for branded generics expected to register around double-digit growth rate in emerging economies owing to the widespread prevalence of lifestyle and chronic diseases like diabetes and cardiovascular diseases. The growing lifestyle changes along with rising disposable income in middle classes are factors expected to prompt the market growth in near future. According to International Diabetes Federation (IDF) atlas, 2015 emerging nations like India and China, Brazil and Russia fall under top ten countries for diabetic population.
Rising patent expirations and a lull in developed pharmaceutical market growth
Developed pharmaceutical markets like North America, Europe, and Japan has been witnessing relatively slower market growth in comparing with developing markets owing to fewer new product approvals from the regulatory bodies and bleak late-stage pipeline. This has been led to the change in focus by several multinational pharmaceutical giants from matured markets to developing markets to tap ever-growing market opportunities in these regions. Moreover, increasing product patent expirations expected to boost the branded generics revenue growth in developing and mature markets across the globe.
Asia-Pacific accounts for larger market revenue share in global branded generics market
Asia-pacific expected to lead the global branded generics market in terms of revenue in over forecast period owing to higher out-of-pocket healthcare expenditure and lack of universal health coverage. Moreover, countries like India, China, and ASEAN countries presented better growth opportunities for the existing and new players in the market. Regions such as Asia Latin America and Eastern Europe projected to grow at significant CAGR over the forecast period
To view TOC of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/global-branded-generics-market/#ulp-c654SbFYO64MsOhu
Competition Assessment
Key players profiled in the global branded generics market include:
Abbott Laboratories (U.S.)
Apotex Inc. (Canada)
AstraZeneca (U.K)
Reddys Laboratories Ltd. (India)
GlaxoSmithKline plc (U.K)
Mylan N.V. (U.S.)
Pfizer Inc. (U.S)
Novartis AG (Switzerland)
Sanofi (France)
Sun Pharmaceutical Industries Ltd. (India)
Teva Pharmaceutical Industries Ltd (Israel)
Valeant Pharmaceuticals International, Inc. (Canada)
Market players are focusing on mergers and acquisitions, strategic alliances, and product diversification to increase the geographic presence in global branded generics market. Moreover, players are entering into a distribution agreement with local pharmaceutical companies to overcome the market access barrier in developing regions.
Need more information about this report @https://www.precisionbusinessinsights.com/market-reports/global-branded-generics-market/#ulp-14mlyhjMGhVjZqa3
Detailed Segmentation
By Diseases Indication
Cardiovascular Diseases
Diabetes
Cancer
Neurological Disorders
Gastrointestinal Diseases
Dermatology Diseases
Others
By Route of Administration
Oral
Parenteral
Topical
Others
By Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Drug Stores
Online Pharmacies
Get access to full summary @https://www.precisionbusinessinsights.com/market-reports/global-branded-generics-market/
About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
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