Generic Drugs Market Share, Size, Price, Growth, Trends and Forecasts 2016 – 2020

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Generic Drugs Market Share, Size, Price, Growth, Trends and
Forecast 2016 – 2020
Technavio Announces the Publication of its Research Report – Global Generic Drugs Market 2016-2020
Technavio recognizes the following companies as the key players in the global generic drugs market:
Teva Pharmaceuticals, Sandoz, Allergan, Mylan, Sun Pharmaceuticals, and STADA Arzneimittel.
Other Prominent Vendors in the market are: Abbott, Amgen, Apotex, Aspen, AstraZeneca, Aurobindo
Pharma, Baxter, Berlin Chemie, Biocon, Biogen, Boehringer Ingelheim, Celltrion, Cipla, Coherus
Biosciences, Dr. Reddy's Laboratory, Daiichi Sankyo, Eli Lilly, Emcure Pharmaceuticals, Eurofarma
Laboratories, Gedeon Richter, Gilead Sciences, GlaxoSmithKline, Hospira, Impax, InnoPharma, Intas
Pharmaceuticals, Jannsen, Lupin, Merck, Mitsubishi Tanabe Pharma, Momenta Pharmaceuticals, Natco
Pharma, Nexus Pharmaceuticals, Novo Nordisk, Orchid Chemicals & Pharmaceuticals, Parenteral Drugs
India, Par Pharmaceutical, Pfizer, Piramal (Abbott Laboratories), Roche Holdings, Sanofi, Synthon, Towa,
Valeant Pharmaceuticals, Zentiva, Zhejiang Chiral, Medicine Chemicals, Zhejiang Hisun Pharmaceutical,
and Zydus Cadila Healthcare.
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Commenting on the report, an analyst from Technavio’ s team said: “One trend which is influencing
market growth is the outsourcing of drug development. Vendors are increasingly using outsourcing as a
business strategy as they have been experiencing a decline in venture capital investment. Some vendors
outsource parts of their R&D process, such as product characterization testing, and toxicology testing, to
contract research organizations. Similarly, some of them outsource parts or even the entirety of their
manufacturing processes to other organizations. In this way, outsourcing is becoming a trend in the
global generic drugs market.”
According to the report, a key growth driver is the patent expiry of top selling drugs. With many
pharmaceutical drugs set to lose their patents during the forecast period, the competition in the generic
market is expected to increase. Patent expiry of a branded drug results in the introduction of
inexpensive generic drugs in the market. Branded drugs with sales of up to $135 billion expired by the
end of 2015, offering pharmaceutical companies opportunities to capitalize on this market. Moreover,
the patent expiry of drugs worth $150 billion by 2020 will fuel the growth of the global generic drugs
Further, the report states that one challenge that can have restrict market growth is the threat of
counterfeit drugs.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors in the report global cardiovascular
and metabolic disorders generic drugs market
About the Generic Drugs Market
Generic drugs have the same chemical formula, dosage form, potency, route of administration, quality,
and intended use as that of patented branded drugs. They cost 80%-85% lesser than their branded
counterparts and are available soon after the patent expiries of original drugs. However, they are similar
to original drugs in terms of safety, quality, and effectiveness. Manufacturers need to apply for an
Abbreviated New Drug Application (ANDA) approval to receive approval of generics.
Technavio’ s analysts forecast the global generic drugs market to grow at a CAGR of 10.53% during the
period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global generic drugs market for
2016-2020. To calculate the market size, it considers revenue generated from the sales of simple
generics, super generics, and biosimilars.
The market is divided into the following segments based on geography:
• Americas
Technavio's report, Global Generic Drugs Market 2016-2020, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
Key vendors
• Teva Pharmaceuticals
• Sandoz
• Allergan
• Mylan
• Sun Pharmaceuticals
• STADA Arzneimittel
Other prominent vendors
• Abbott
• Amgen
• Apotex
• Aspen
• AstraZeneca
• Aurobindo Pharma
• Baxter
• Berlin-Chemie
• Biocon
• Biogen
• Boehringer Ingelheim
• Celltrion
• Cipla
• Coherus Biosciences
• Dr. Reddy's Laboratory
• Daiichi Sankyo
• Eli Lilly
• Emcure Pharmaceuticals
• Eurofarma Laboratories
• Gedeon Richter
• Gilead Sciences
• GlaxoSmithKline
• Hospira
• Impax
• InnoPharma
• Intas Pharmaceuticals
• Jannsen
• Lupin
• Merck
• Mitsubishi Tanabe Pharma
• Momenta Pharmaceuticals
• Natco Pharma
• Nexus Pharmaceuticals
• Novo Nordisk
• Orchid Chemicals & Pharmaceuticals
• Parenteral Drugs India
• Par Pharmaceutical
• Pfizer
• Piramal (Abbott Laboratories)
• Roche Holdings
• Sanofi
• Synthon
• Towa
• Valeant Pharmaceuticals
• Zentiva
• Zhejiang Chira Medicine Chemicals
• Zhejiang Hisun Pharmaceutical
• Zydus Cadila Healthcare
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Market driver
• Patent expiry of top-selling drugs
• For a full, detailed list, view our report
Market challenge
• Threat of counterfeit drugs
• For a full, detailed list, view our report
Market trend
• Outsourcing of drug development activities
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
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Sam Collins
Market Reports Center 1-646-883-3044 (US) [email protected]

Technavio recognizes the following companies as the key players in the global generic drugs market: Teva Pharmaceuticals, Sandoz, Allergan, Mylan, Sun Pharmaceuticals, and STADA Arzneimittel.