Market boosts and restraining factors
โThe Pharmaceutical Intermediates Market is anticipated to reach about US$ 32,180 Mn by 2023, and
anticipated to expand at a CAGR over six years of forecast period 2018-2023 owing to surge in the production
of pharmaceuticals coupled with the increased exports of APIs.
Precision Business Insights (PBI) in its report titled โPharmaceutical Intermediates Market: Market
Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2017 and Forecast 2018-2023โ assesses
the market performance over six years forecast period from 2018 to 2023. The report analyses the market
value forecast and provides the strategic insights into the market driving factors, challenges that are
hindering the market revenue growth over forecast period.
The Pharmaceutical Intermediates market size was accounted for US$ 26,457.0 Mn in 2018 and anticipated to
account for US$ 32,180.0 Mn by 2023. Increased prevalence of chronic diseases will create demand for novel
active pharmaceutical ingredients (API). Surge in the pharmaceutical production enables stimulate the demand
for pharmaceutical intermediates. Moreover, Escalated exports of APIs will also enhance the demand for
pharmaceutical intermediates.
Pharmaceutical Intermediates market segmented on the basis of application, end-user and country
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Cardiovascular Drugs Segment Expected to Dominate the Market
Based on Application Type, The Pharmaceutical Intermediates market is segmented as anti-infective drugs,
cardiovascular drugs, central nervous system drugs, anti-diabetic drugs, anti-ulcerants, and others.
Cardiovascular drugs segment has been witnessed to account for major revenue share over the forecast period.
The API intermediates are raw materials which are responsible for therapeutic action. These can be converted
into the desired formulations such as capsules, tablets, and others.
Pharmaceutical Companies Will Dominate the Revenue Share.
research laboratories, contract manufacturing organizations, and others. The pharmaceutical companies are
witnessed to account for major revenue share over the forecast period.
Asia-Pacific, Accounts for Major Revenue Share for Pharmaceutical Intermediates
Market
different regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa. According
to regional analysis, Asia Pacific accounted for major revenue share due to increased R&D investments in
China and India. Surge in the pharmaceutical production coupled with increased exports are witnessed to
offer lucrative opportunities for the market players plunged in the pharmaceutical intermediates market.
U.S. Pharmaceutical Intermediates market is accounted for major revenue share in North America, owing to
increased pharmaceutical production and robust investments in R&D.
Strategic Collaborations & Exports Play Vital Role in Pharmaceutical Intermediates
Market
expected to create demand for pharmaceutical intermediates. Key playerโs profiles in the report are Aceto
Corporation, BASF SE, Vertellus Holdings LLC, Lianhetech, Easter Chemical Corporation, Cycle Pharma Chem,
Dishman Group, Dextra Laboratories Limited, Chemcon Specialty Chemical Pvt. Ltd, Midas Pharma GmbH, Codexis,
A.R. Life Sciences Private Limited, Sanofi Winthrop Industries, and ZCL Chemical Ltd among others.
Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Latin America
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Notable market development
In January 2015, Johnson & Johnson partnered with Swiss biopharma AC Immune to develop a therapeutic
vaccine for the development of anti-tau Alzheimerโs vaccine.
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Technological advancements and strategic alliances are the key strategies adopted by
market players
According to Centers for Disease Control and Prevention (CDC) the global prevalence of Alzheimerโs disease
will triple among elderly patients, and the prevalence increases to 13.8 million by 2050. Lost patents of
drug molecules and few more expected lose patents in near future, which is expected to create market
opportunity for generic players. Majority of drugs in pipeline failed in the late stage of clinical trials,
for instance, Eli Lillyโs Solanezumab and Pfizer/Johnson & Johnsonโs Bapineuzumab have failed to prove
the disease-slowing effects in the late-stage of clinical trials.
Moreover, in 2014, FDA has approved cholinesterase inhibitors (Exelon, Aricept, and Razadyne) and memantine
for the treatment of cognitive symptoms in Alzheimer disease.
Researchers are considering new methods to treat Alzheimerโs disease to address the Alzheimerโs disease
market needs. The current drugs in the market help mask the symptoms but they do not stop the progression of
Alzheimerโs disease. There are several promising drugs in developmental and testing stage for Alzheimerโs
disease, but researchers need more funding of research to ensure that fresh ideas continue to fill the
pipeline.
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Detailed segmentation
By Application Type
- Anti-Infective Drugs
- Cardiovascular Drugs
- Central Nervous System Drugs
- Anti-diabetic Drugs
- Anti-Ulcerants
- Others
By end-users
- Pharmaceutical Companies
- Research Labs
- Contract Manufacturing Organizations
- Other Industries
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