The North American pharmaceutical excipient market is estimated to grow at a CAGR of 7.9% during the forecast period. Increasing demand for pharmaceuticals and biopharmacy in the region is driving market growth significantly. Along with this, biosimilar drug patent drug approval is also expected to expand the market during the forecast period.
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US FDA 2010 Started approval of biosimilars. The cost of biosimilars is 20-40% less in the United States, providing ample opportunity for the growth of the biosimilar industry and thus promoting the growth of excipients.
There is a substantial overall economic impact of the biopharmacy industry on the US economy. According to the International Trade Administration, the industry accounts for more than $ 1.3 trillion in economic production, accounting for 2015% of the total US production of 4. The economic impact includes revenues from the biopharmacy industry of approximately $ 55.8 billion.
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Exceptional growth for biopharmacy innovation is noted in 2015. The US FDA approved 56 new drugs, which included 45 New Drugs (CDER) approved by the Center for Drug Evaluation and Research — the highest number of approvals in almost 20 years. The US Biopharmacy Research Division , Involved in the development of new drugs, and continues to drive biopharmacy innovation for patients in the near future.
Number of Markets Available for Market Coverage *
– 2018-2025 * Base Year-2018
* Forecast Period-2019-2025
• Target Segments by Product and Formulation Type
* Target Area-North America
* Competitive Landscape- Caracon Co., Ltd., Merck KGaA, Caracon Co., Ltd., Inofos Holdings Co., Ltd., Lubrizol Co., Ltd., and Archer Daniels Midland Co., Ltd.
Key questions addressed by the report
* What is the market growth rate?
* Which segment / region dominates the market in the base year?
* Which segment / region projects the fastest growth in the market?
* Who is the market leader?
• We do not continue to challenge any player.
* Where are the investment opportunities?
North American Pharmaceutical Excipients Market-Segmentation
* Solubilizers and Surfactants / Emulsifiers
* Special Excipient
North American Pharmaceuticals Modeling Drug Market-Regional Segment
• Abitec Co., Ltd.
* Avitech in North America (ABITEC Corp.)
* Avitech Co., Ltd. in the landscape of the pharmaceutical excipients
• Recent Developments
• Archer – Daniels – Midland
* BASF SE
• Corporation Colorcon
• Ltd. Ino Foz Holdings
• Lubrizol (Ltd.)
• Merck KGaA
* Shigachi Kogyo Pvt. Ltd.
* Spectrum Chemical Manufacturing Co., Ltd.
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