November 26, 2019
According to the latest study titled ‘Global Sterile Injectables Market: Analysis By Molecule Type, Drug Type, Indication, Distribution Channel, By Region, By Country (2018 Edition): Forecast to 2023 - Molecule Type (Biologic, Small Molecule), Drug Type (Monoclonal Antibody, Insulin, Vaccine, Fusion Protein, Immunoglobulin), Indication (Disorders, Oncological, Cardiovascular, Neurological, Infectious, Metabolic, Musculoskeletal), Channel (Hospital Pharmacy, Retail Pharmacy, E-commerce)’ available at MarketStudyReport.com, the global sterile injectables market is estimated to grow with a CAGR of 6.39% through the year 2023.
Sterile injectables are used in medical treatment owing to its quick action, uncomplicated administration approach, and non-interference with the digestive system. Factors such as increasing cases of chronic diseases, coupled with booming geriatric population that is highly susceptible to chronic ailments, rise in healthcare expenditure, changing lifestyle, and preference for the improved quality of life are driving the growth of sterile injectables market.
The study encompasses details about market size based on revenue shares and growth opportunities for individual segments. It analyzes the competitive landscape of sterile injectables market using SWOT analysis and Porter’s Five Force analysis methods. Information about the market dynamics covering drivers and restraints is also outlined in the report.
Based on molecule type, sterile injectables market is segmented into biologic and small molecule. While speaking of drug type, the industry is divided into insulin, monoclonal antibody, fusion protein, vaccine, and immunoglobulin. As per indication type, sterile injectables industry is split into cardiovascular disorders, oncological disorders, infectious disorders, neurological disorders, musculoskeletal disorders, and metabolic disorders. In terms of distribution channel, the industry is bifurcated as retail pharmacy, hospital pharmacy, and e-commerce.
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Considering the geographical landscape, the global sterile injectables market is fragmented into regions, namely, North America, APAC, Europe, and rest of the world, with key focus on countries like U.S, Canada, U.K, China, Germany, Japan, India, Saudi Arabia, and Brazil.
Some of the vendors that operate in sterile injectables market are Pfizer, Sanofi, GlaxoSmithKline, Baxer International, Gilead Sciences, Novartis, Astra Zeneca, and Merck & Co.
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