Published on : Nov 12, 2018
Albany, New York, November 12, 2018: The generics industry continues to witness strong argument over low prices of drugs, owing to high degree of competition between leading and emerging players. As more and more generic drugs have been developed over the recent past, prices tend to fall more burdening generics manufacturers that are under rising pressure to curtail cost, while passing on the savings to patients.
Aforementioned insights are according to the report titled “Generics Global Industry Guide 2013-2022,” added recently to the vast repository of Market Research Hub (MRH). Challenges in the generics industry are likely to scorch dynamics of the overall pharmaceutical industry, which in turn has led industry experts to emphasize on a better market place regulation for maintaining appropriate levels of competition and supply.
Leading players in the generics industry are now aware that new policies are vital to prevent the market distortions. Such policies are necessary to ensure generics manufacturers are kept from adopting same destabilizing economics of patent-based pharmaceutical companies, which created the requirement for low-cost generics. However, the flip side of the generics drugs industry is that these medications have become major source of savings for the healthcare system.
Generics Industry – Report Contents
This report on the generics industry offers in-depth analysis on the industry across the globe, and provides key market number such as the market size in terms of value and volume, forecast to 2022, and the market share. The report also involves assessment on important dynamics, including drivers, restraints, opportunities and threats, which impact current and future growth of the generics industry.
Size of the global generics industry has been offered for the period between 2017 and 2022, and the performance of the industry for the past five years has also been offered in the report. Relative size of the generics industry in key regional markets is included in key weighted sections of the report. Valuation of the market has been contemplated at ex-factory costs.
Volume of the generics industry has been quantified on the basis of percentage of overall ethnic pharmaceutical market volume, imply generics penetration rate measure, not absolute measure of the market volume. All currency conversions have been calculated at a continuous average annual exchange rate in 2017.
Generics Industry – Competition Landscape
The report offers comprehensive assessment on the competition landscape of the generics industry, which involves an exhaustive analysis on the company portfolio, product overview, key financials, and most recent developments made by key players profiled in the report. Factors affecting strength of the competition in generics industry have also been highlighted in the report.
Profiles of leading players included in the report unveil key generics details related to their financial performance as well as their global operations. Scope of the report is to offer authentic insights and accurate forecast on all the key segments of the generics industry, so that the readers can make fact-based future decisions for their businesses in the generics industry.
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