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Pharmaceutical Intermediates Market Growth Opportunities & Technology Developments by 2026

Author: Pragya Tripathi
by Pragya Tripathi
Posted: Jan 07, 2019

Global Pharmaceutical Intermediates Market: Overview

Pharmaceutical intermediates are the key chemical ingredients in active pharmaceutical ingredients that are used in making medications for the treatment of diseases. The demand for pharmaceutical intermediates is closely intertwined with growing drug making activities across the globe. The evolution of the market is hence underpinned by the various evolution trajectories of the pharmaceutical industry world over. The demand has witnessed rapid boom from the rising demand for drugs for a range of lifestyle medications, especially in developing and developed regions. Broad types of pharmaceutical intermediates comprise chiral building blocks and achiral building blocks.

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Over the years, the adoption of good manufacturing practice (GMP) regulated-drug making activities by pharmaceutical companies has led to the rapid evolution of the pharmaceutical intermediates market. Furthermore, patent expiration of drugs, especially for chronic diseases, in recent years has led to a staggering rise in demand for active pharmaceutical ingredients, world over. This, is turn, has contributed to the rapid strides of the pharmaceutical intermediates market.

The research evaluates the impact of key trends and recent developments on the evolution trajectories of the market. The insights can serve as a useful guide for new entrants and stakeholders access new investment pockets in the pharmaceutical intermediates market.

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Global Pharmaceutical Intermediates Market: Trends and Opportunities

The rising prevalence of chronic and lifestyle-driven diseases is propelling the demand for active pharmaceutical ingredients, thus driving the pharmaceutical intermediates market. The growing incidence of neurological and cardiovascular diseases, especially among developing and developed regions, is a crucial factor boosting the market. Relentless search for novel drug formulations for several life-threatening diseases is a key trend fueling the expansion of the pharmaceutical intermediates market. The trend gains from strength from the rising investment by prominent drug making companies in research and development activities, notably through contract manufacturing services. The rising demand for pharmaceutical intermediates for new antibiotics and therapeutic drugs is a key trend accentuating the market.

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The growth of the global pharmaceutical intermediates market is also bolstered by the rising demand for generic drugs, especially among patient populations in emerging economies. The dynamics may be considerably impacted by the growing number of stringent regulations for the production of active pharmaceutical ingredients. The advent of quality control systems for the production of pharmaceutical intermediates in order the diverse needs of pharmaceutical products is a promising trend catalyzing the market growth. Furthermore, rising number of promising avenues in the pharmaceutical industries, coupled with growing number of contract manufacturing organizations, will help expand the horizon of the pharmaceutical intermediates market.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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About the Author

My name is Pragya Tripathi and I work with the Digital Marketing and Editorial team of Transparency Market Research, a market intelligence firms based in India & Usa.

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Author: Pragya Tripathi

Pragya Tripathi

Member since: Sep 17, 2018
Published articles: 1086

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