#Biosimilars Market Size 2022

[joeypetter]

Biosimilars Market Size 2022 Industry Recent Developments and Technology, Size, Trends, Growth, and Forecast Research Report 2030| By R&I

The report is titled as ‘Biosimilars Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the biosimilars market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Biosimilars market is expected to grow with a significant rate in the near future.

The global biosimilars market in 2020 is estimated for more than US$ 11,036.2 Mn and expected to reach a value of US$ 1,09,501.8 Mn by 2028 with a significant CAGR of 33.5%.

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Biosimilars Market Dynamics

Patent expiration in the biological drug industry is the major factor driving the growth of global biosimilars market. Moreover, the introduction of clear regulatory pathways for the introduction of biosimilars to the market by many countries is further encouraging biosimilar development. For instance, recently India and Canada introduced regulations for approval of biosimilar drugs in respective countries. However, unlike generic chemical entities, producing identical copies of innovator cell-based drugs is impossible and takes more time, which is the biggest challenge for the growth of global biosimilars market. Biologics are produced by cells in culture or whole organisms, which are inherently more variable than chemical synthesis methods.     

Biosimilars Market Regional Overview

On the basis of region, the global biosimilars market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America biosimilars market is expected to be the most dominating market throughout the forecast period due to due to the expiry of patents for blockbuster biological drugs. The presence of key players in Europe makes it second-largest market for biosimilars. Asia Pacific biosimilars market is expected to witness delayed growth due to relatively long patent term for biological drugs

MMC Overview

The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the biosimilars market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support market and the factors that are acting as impedance for the growth of the market. Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

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Biosimilars Market Key Players

Some of the key participating players in global Biosimilars market are:

    Pfizer

    Sandoz International

    Teva Pharmaceuticals

    Amgen

    Biocon

    Dr. Reddy’s Laboratories

    Celltrion

    Samsung Biologics

    Synthon Pharmaceuticals, Inc.

    LG Life Sciences

    Biocon

    Hospira

    Merck Serono (Merck Group)

    Biogen Idec Inc.

    Genentech (Roche Group)

Biosimilars Market Segmentation

The global Biosimilars market is segmented on the basis of product type, manufacturing, diseases, and region.

By Product Type

    Recombinant Non-Glycosylated Proteins

    Recombinant Human Growth Hormone (RHGH)

    Granulocyte Colony-Stimulating Factor (Filgrastim)

    Insulin

    Interferons

     Interferon-Beta

     Interferon-Alpha

    Recombinant Glycosylated Proteins

    Erythropoietin (EPO)

    Monoclonal Antibodies (MABS)

     Infliximab

     Rituximab

     Adalimumab

     Other Monoclonal Antibodies

    Follitropin

    Recombinant Peptides

    Glucagon

    Calcitonin

By Type of Manufacturing

    In-House Manufacturing

    Contract Manufacturing

By Disease

    Oncology

    Chronic Diseases

    Autoimmune Diseases

    Blood Disorders

    Growth Hormone Deficiency

    Infectious Diseases

    Other Diseases

By Region

    North America

    Latin America

    Europe

    Asia Pacific

    Middle East

    Africa

To view Top Players, Segmentation and other Statistics of Biosimilars Industry, Get Sample Report @: https://reportsandinsights.com/sample-request/1243

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Clonazepam Market : Technology Advancements, Industry Insights, Trends And Forecast 2033

The clonazepam global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Clonazepam Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The clonazepam market size has grown strongly in recent years. It will grow from $1.37 billion in 2023 to $1.48 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%.  The growth in the historic period can be attributed to increasing prevalence of anxiety disorders, rising cases of panic disorders, growing awareness about mental health, increased prescription rates, rising acceptance of benzodiazepines.

The clonazepam market size is expected to see strong growth in the next few years. It will grow to $2.01 billion in 2028 at a compound annual growth rate (CAGR) of 8%.  The growth in the forecast period can be attributed to growing prevalence of epilepsy, rising geriatric population, increasing adoption of telemedicine, rising prevalence of insomnia, growing awareness of mental health disorders. Major trends in the forecast period include expansion of digital health solutions, development of novel formulations, shift toward sustainable and ethical sourcing, advancement in biosimilar and biogeneric production.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/clonazepam-global-market-report

The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The increasing prevalence of anxiety and panic disorders is expected to propel the growth of the clonazepam market going forward. Anxiety and panic disorders are mental health conditions characterized by persistent and excessive worry or fear that can lead to physical symptoms and disrupt daily functioning. The increasing prevalence of anxiety and panic disorders is largely due to rising stress levels, societal pressures, and greater awareness and diagnosis. Clonazepam is used in the treatment of anxiety and panic disorders to help alleviate symptoms by calming the nervous system and reducing excessive neural activity. For instance, in May 2024, according to the American Psychiatric Association, a US-based non-profit organization, in 2024, 43% of adults report feeling more anxious compared to the previous year, a rise from 37% in 2023 and 32% in 2022. Therefore, the increasing prevalence of anxiety and panic disorders will drive the growth of the clonazepam market.

Market Trends - Major companies operating in the clonazepam market are focusing on strategic product expansion approaches, such as active pharmaceutical ingredients (API) facilities, to diversify their offerings, improve market presence, and cater to a broader range of therapeutic needs while meeting growing global demand for high-quality clonazepam formulations. An active pharmaceutical ingredients (API) facility for clonazepam is responsible for producing the raw material used in the formulation of clonazepam-based medications, ensuring compliance with regulatory standards such as GMP for quality and safety. For instance, in July 2024, Rusan Pharma Private Limited, an India-based pharmaceutical company, received Good Manufacturing Practice (GMP) approval from the United States Food and Drug Administration (USFDA) for its Active Pharmaceutical Ingredient (API) facility. This milestone paves the way for the company to enter the US API market, bolstered by an active US Drug Master File (DMF) for specialized APIs such as apomorphine, buprenorphine, naloxone, clonazepam, diazepam, and others.

The clonazepam market covered in this report is segmented –

1) By Type: Tablet, Injection 2) By Application: Adult, Child 3) By End User: Hospitals, Homecare Settings, Specialty Clinics

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Regional Insights - North America was the largest region in the clonazepam market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the clonazepam market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the clonazepam market are  Novartis AG, Abbott Healthcare Pvt Ltd., Boehringer Ingelheim, Teva Pharmaceutical Industries Ltd., Aurobindo Pharma Ltd., Dr Reddy’s Laboratories Ltd., Intas Pharmaceuticals, Cipla Ltd., Lupin Limited, Orion Corporation, CHEPLAPHARM Arzneimittel GmbH, Alkem Laboratories Ltd., Torrent Pharmaceuticals, Alembic Pharmaceuticals Ltd., Neuraxpharm, Pharmascience Inc., Medopharm Ltd., Global Calcium, Sun Pharmaceutical Industries Ltd., Prinston Pharmaceutical Inc., MITS Healthcare Private Limited, Emenox Healthcare, DR BEST Pharmaceuticals, Intra Life Pvt Ltd., Neuracle Lifesciences

Table of Contents 1. Executive Summary 2. Clonazepam Market Report Structure 3. Clonazepam Market Trends And Strategies 4. Clonazepam Market – Macro Economic Scenario 5. Clonazepam Market Size And Growth ….. 27. Clonazepam Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[trendingrepots]

Adalimumab Market - Forecast(2024 - 2030)

Adalimumab Market Overview

Adalimumab Market Size is forecast to reach $3245.8 Million by 2030, at a CAGR of 6.20% during forecast period 2024-2030. Adalimumab is a monoclonal antibody and disease-modifying antirheumatic medication that acts by inactivating tumor necrosis factor-alpha. It is marketed under the brand names Humira and Exemptia, among others. The original adalimumab drug is sold under the brand name Humira. New versions of adalimumab are known as adalimumab biosimilars. Biosimilars are similar versions of original biological medicines. Adalimumab is a drug used to treat rheumatoid arthritis and ankylosing spondylitis which affects the musculoskeletal system, Crohn’s disease, ulcerative colitis, psoriatic arthritis, hidradenitis suppurativa, and other diseases. It was first introduced in the United States by Abbvie and was approved by the FDA in 2002. It is used to alleviate inflammation by acting on the immune system. The growing prevalence of arthritis and skin disorders, adoption of a sedentary lifestyle, and growing obese population are some of the factors driving the Adalimumab Market growth during the forecast period 2024-2030.

 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞

Report Coverage

The report: “Adalimumab Market Forecast (2024-2030)", by Industry ARC covers an in-depth analysis of the following segments of the Adalimumab Market.

By Disease- Crohn’s disease, Psoriatic arthritis, Rheumatoid arthritis, Ulcerative colitis, and others. By Type- Adalimumab, Adalimumab Biosimilar. By End-Users- Hospitals, Specialty Clinics, and Others. By Geography- North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (the Middle East, and Africa).

Key Takeaways

Geographically, North America held a dominant market share in the year 2021 on account of the increasing prevalence of psoriasis arthritis, highly informed people knowing the benefits of adalimumab, and high healthcare expenditure. Asia-Pacific is expected to offer lucrative growth opportunities to the manufacturers owing to increasing prevalence of Crohn's disease and ulcerative colitis., demand for better healthcare facilities as well a boost in the investments done by government and private companies in pharma industry. The proliferation of Rheumatoid arthritis is predicted to augment the market growth during the forecast period of 2022-2027.

The growing prevalence of arthritis and skin disorders is estimated to drive the market growth of the Adalimumab Market. High cost as well as lack side effects of adalimumab poses threat to the market growth.

A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Adalimumab Market Report.

[farmacuticals]

Competitive Landscape and Innovations in Sterile Injectable Products

Sterile Injectable products are critical components of the pharmaceutical market, designed to be administered directly into the bloodstream, muscles, or tissues. These injectables, including drugs, vaccines, and biologics, undergo rigorous sterilization processes to ensure they meet stringent quality and safety standards, minimizing the risk of contamination. The need for Sterile Injectable solutions spans numerous therapeutic areas such as oncology, cardiology, and infectious diseases, making them indispensable in patient care. Due to their immediate bioavailability, Sterile Injectable medications are often the preferred option in emergencies or critical care settings where rapid therapeutic effects are needed.

According to MRFR analysis, the market size for sterile injectables was projected to reach USD 69.76 billion in 2022. The market for sterile injectables is anticipated to increase from 73.65 billion USD in 2023 to 120.0 billion USD in 2032. Over the course of the forecast period (2024–2032), the sterile injectable market is anticipated to increase at a CAGR of approximately 5.58%.

Sterile Injectable Market Analysis

The Sterile Injectable market analysis indicates robust growth, driven by the increasing demand for biologic drugs, which are primarily administered through sterile injections. The rise in chronic diseases, including cancer, diabetes, and cardiovascular conditions, has heightened the need for efficient drug delivery systems. Additionally, advancements in biotechnology have introduced a variety of monoclonal antibodies and immunotherapies that require sterile injection. Regulatory support for sterile manufacturing practices and the growing need for outsourced sterile injectables in pharmaceutical production have further strengthened the market. The Sterile Injectable market analysis also highlights the role of emerging economies where healthcare infrastructure is improving, driving growth in the demand for injectables.

Sterile Injectable Market Trends

Significant Sterile Injectable market trends include the rise of biosimilars and personalized medicine. With patents on many blockbuster biologics expiring, there’s an increased demand for biosimilar sterile injectables, which offer affordable alternatives. The rise of personalized medicine has also influenced Sterile Injectable market trends, as many of these treatments, such as gene and cell therapies, require sterile injection delivery. Additionally, innovative packaging, such as prefilled syringes and dual-chamber injectables, has gained traction due to ease of use, reduced dosing errors, and improved patient compliance. Furthermore, manufacturers are adopting eco-friendly production and packaging practices to meet the rising demand for sustainable solutions.

Reasons to Buy the Reports

In-depth Market Insights: Offers comprehensive analysis on the Sterile Injectable market, including emerging trends, growth drivers, and key challenges.

Competitive Landscape Overview: Assists in understanding the competitive environment, market positioning, and strategic moves of key players.

Regional Market Analysis: Provides breakdowns of regional Sterile Injectable markets, helping stakeholders identify growth opportunities in specific regions.

Product and Innovation Analysis: Offers details on new products and technological advancements, keeping investors informed about industry developments.

Future Market Forecasts: Predictive insights into the market’s growth trajectory help companies make data-driven investment decisions and align with future demand.

Recent Developments

Recent developments in the Sterile Injectable market highlight the industry’s focus on innovation and expansion. Pfizer, for instance, has expanded its portfolio of sterile injectables with new cancer therapeutics and antibiotics aimed at meeting the high demand in oncology and infection management. In 2023, Baxter International launched a line of prefilled syringe sterile injectables to improve dosing accuracy and patient safety. Additionally, new players have entered the market, particularly in Asia-Pacific, where favorable regulations and government initiatives are encouraging local manufacturing. Emerging technologies such as lyophilization and advanced sterilization methods are also being widely adopted to enhance shelf life and safety, representing key advancements in the Sterile Injectable market.

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cellular nutrition market

cleaning chemicals healthcare market

dental contouring market

[insightfulblogz]

Autoimmune Disease Therapeutics Market Analysis, Statistics, Segmentation, and Forecast to 2032

Autoimmune diseases occur when the body’s immune system mistakenly attacks healthy cells and tissues, leading to chronic inflammation and organ damage. Conditions such as rheumatoid arthritis, lupus, multiple sclerosis, and psoriasis are among the many autoimmune diseases that affect millions of people worldwide. The treatment of autoimmune diseases has historically focused on managing symptoms and reducing inflammation. However, advancements in therapeutics, including biologics, targeted therapies, and immunomodulatory drugs, have opened new doors for more effective treatment options that directly target the underlying mechanisms of autoimmune disorders.

The Autoimmune Disease Therapeutics Market size was valued at USD 72.05 billion in 2022 and it is expected to be worth around USD 94.87 billion by 2030 growing at a remarkable CAGR of 3.5% over the forecast period 2023-2030.

Future Scope

The future of autoimmune disease therapeutics is focused on personalized medicine and the development of novel therapies that provide more precise and effective treatments. Research into biologics, which are engineered proteins that target specific components of the immune system, is expected to expand, offering patients treatments that address the root cause of their condition rather than merely managing symptoms. Additionally, gene therapies and stem cell treatments are showing promise in early-stage research, with the potential to provide long-term or even permanent relief from autoimmune disorders. Advances in drug delivery systems, such as nanotechnology, are also likely to improve the efficacy and safety of autoimmune therapeutics.

Trends

One of the most significant trends in autoimmune disease therapeutics is the rise of biologics and biosimilars. These targeted therapies are designed to modulate specific immune pathways, offering more effective and personalized treatment options. Another trend is the increasing focus on combination therapies, which involve the use of multiple drugs to target different aspects of the immune response. Precision medicine, which tailors treatment based on a patient’s genetic makeup and disease characteristics, is also gaining traction in the field. Additionally, lifestyle-focused approaches, such as diet and microbiome-based therapies, are emerging as complementary treatments for autoimmune diseases.

Applications

Autoimmune disease therapeutics are used across a wide range of conditions, including rheumatoid arthritis, psoriasis, lupus, and multiple sclerosis. In rheumatoid arthritis, biologics such as TNF inhibitors and IL-6 blockers help reduce inflammation and prevent joint damage. For patients with multiple sclerosis, immunomodulatory drugs reduce the frequency of relapses and slow the progression of disability. Autoimmune disease therapeutics are also used to manage systemic lupus erythematosus, helping to control symptoms and prevent organ damage. As new therapies are developed, they are being applied to a broader range of autoimmune conditions, improving outcomes for patients with previously difficult-to-treat diseases.

Get Sample Copy of the Report: https://www.snsinsider.com/sample-request/2666 

Key Points

Autoimmune diseases involve the immune system attacking healthy tissues.

Biologics and targeted therapies are revolutionizing treatment options.

Personalized medicine and gene therapies are the future of autoimmune therapeutics.

Combination therapies are becoming more common to enhance treatment efficacy.

Applications include rheumatoid arthritis, lupus, multiple sclerosis, and psoriasis.

Conclusion

The field of autoimmune disease therapeutics is undergoing a significant transformation, with advancements in biologics, gene therapies, and personalized medicine offering new hope for patients. These innovative treatments are providing more targeted and effective solutions, reducing the burden of autoimmune diseases and improving quality of life for millions. As research continues to evolve, the future of autoimmune disease treatment looks brighter than ever, with the potential for even more groundbreaking therapies on the horizon.

[industrynewsupdates]

Sinus Dilation Devices Market Size and Regional Outlook Analysis, 2030

The global sinus dilation devices market size was valued at USD 2.74 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030. 

The high preference for minimally invasive procedures, favorable reimbursement scenarios, rising awareness about the advantages of balloon sinuplasty over other conventional techniques, and the prevalence of chronic sinusitis are the major factors fostering the market growth. Developing advanced surgery techniques helps increase the market dynamics by replacing traditional procedures.

Technological advancements, such as surgical laser technologies, in sinus surgery ensure minimal ablation and have fewer side effects. Decreased turnaround time enables these procedures to be performed in outpatient departments. For instance, in 2022, the National Health Service (NHS) introduced an innovative laser treatment for patients with epilepsy. This pioneering therapy utilizes lasers to target and treat areas of the brain that cause seizures, providing a new and advanced approach to managing epilepsy and improving patients' quality of life.

Gather more insights about the market drivers, restrains and growth of the Sinus Dilation Devices Market

Sinus Dilation Devices Market Report Highlights

• The BSD devices segment held the largest revenue share in 2022 and will retain the leading position throughout the forecast period

• The hybrid procedure segment led the market in 2022 and is also expected to register the fastest CAGR during the forecast period

• Hybrid procedures are useful and effective in adults as well as pediatrics for the treatment of frontal chronic rhinosinusitis

• The adult application segment held the largest market share in 2022 owing to the high prevalence of chronic rhinitis among the adult population

• The hospitals end-use segment accounted for the highest share in 2022 owing to advanced infrastructure and an increasing number of patient visits in hospitals as compared to other healthcare facilities

• North America is projected to account for the largest market share by 2030 due to the high adoption of novel technologies by ENT surgeons as well as other healthcare professionals in the region

Browse through Grand View Research's Medical Devices Industry Research Reports.

• The global breast shells market size was valued at USD 71.0 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2030. 

• The global biosimilar contract manufacturing market was valued at USD 8.59 billion in 2023 and is expected to grow at a CAGR of 15.9% during the forecast period.

Sinus Dilation Devices Market Segmentation

Grand View Research has segmented the global sinus dilation device market on the basis of product, Type, procedure, application, end-use, and region:

Sinus Dilation Devices Product Outlook (Revenue in USD Million, 2018 - 2030)

• Ballon Sinus Dilation Devices

• Endoscopes 

• Sinus Stents/Implants 

• Functional Endoscopic Sinus Surgery (FESS) Instruments Set

• Others

Sinus Dilation Devices Type Outlook (Revenue in USD Million, 2018 - 2030)

• Sinuscopes

• Rhinoscopes

Sinus Dilation Devices Procedure Outlook (Revenue in USD Million, 2018 - 2030)

• Standalone

• Hybrid

Sinus Dilation Devices Application Outlook (Revenue in USD Million, 2018 - 2030)

• Adult

• Pediatric

Sinus Dilation Devices End-use Outlook (Revenue in USD Million, 2018 - 2030)

• Hospitals 

• Ambulatory Surgical Centers 

• ENT Clinics/In Office

Sinus Dilation Devices Regional Outlook (Revenue in USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o UK

o Germany

o France

o Italy

o Spain

o Denmark

o Sweden

o Norway

• Asia Pacific

o Japan

o China

o India

o Australia

o Thailand

o South Korea

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East and Africa

o South Africa

o Saudi Arabia

o UAE

o Kuwait

Order a free sample PDF of the Sinus Dilation Devices Market Intelligence Study, published by Grand View Research.

[deshpandeisha]

An Overview of Protein A Resin: Applications and Benefits in Bioprocessing

The global protein A resin market size is expected to reach USD 4.12 Billion in 2032 and register  a steady revenue CAGR of 11.4%during the forecast period, according to latest analysis by Emergen Research. Development and launch of highly necessary biosimilar by key biopharmaceutical companies is a key factor driving market revenue growth in. Protein A resins are used for purification and fragmentation of immunoglobulins from biological fluids & cell culture media, immunoprecipitation of proteins, and antigens. For instance, on 13 June 2022, Bio-Rad Laboratories, Inc., a pioneer in life science research as well as clinical diagnostic items introduced CHT-prepacked Foresight Pro Columns. These columns are designed to facilitate downstream process-scale chromatography application areas across various stages of biological drug development and manufacturing.

The recent advancements in the Protein A Resin industry and trends driving the growth of the market. It is an investigative study covering analysis of market drivers, restraints, challenges, threats, and growth prospects in the global Protein A Resin market. The global Protein A Resin market report is a methodical research of the Protein A Resin market done by extensive primary and secondary research. The fundamental purpose of the Protein A Resin market report is to offer an accurate and strategic analysis of the Protein A Resin business sphere.

Get Download Pdf Sample Copy of this Report@ https://www.emergenresearch.com/request-sample/1724

Competitive Terrain:

The global Protein A Resin industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

GE HealthCare, Merck KGaA, Repligen Corporation, Thermo Fisher Scientific Inc., Tosoh Corporation, Purolite, Novasep Holding SAS, Agilent Technologies, Inc., GenScript, and PerkinElmer Inc

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Protein A Resin market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Protein A Resin market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Protein A Resin market.

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now)@ https://www.emergenresearch.com/request-discount/1724

Market Segmentations of the Protein A Resin Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Protein A Resin market on the basis of product, application, and region:

Segments Covered in this report are:

Product Outlook (Revenue, USD Billion; 2019–2032)

Agarose-based Protein A

Glass/Silica-based Protein A

Organic Polymer-based Protein A

Type Outlook (Revenue, USD Billion; 2019–2032)                                           

Recombinant Protein A

Natural Protein A

Application Outlook (Revenue, USD Billion; 2019–2032)

Antibody Purification

Immunoprecipitation

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/protein-a-resin-market

Major Geographies Analyzed in the Report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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Pharmacovigilance Market Size, Share, Growth, Analysis Forecast to 2030

Pharmacovigilance Industry Overview

The global pharmacovigilance market size was estimated at USD 7.32 billion in 2023 and is anticipated to grow at a CAGR of 6.8% from 2024 to 2030.

The rising incidence of Adverse Drug Reactions (ADRs) owing to drug abuse and the prevalence of diseases that require a combination of drugs are the major growth drivers for the market. In addition, an upward shift in the production of novel drugs and the presence of stringent government regulatory frameworks for drug safety are significantly boosting the market growth. For instance, the U.S. FDA and the EU’s European Medical Agency (EMA) formulate regulatory guidelines for all phases of clinical trials. Moreover, advancements in the development of ADR databases and information systems have enabled accurate reporting of information, which can be further utilized by research professionals for prospective clinical studies, thereby fueling overall growth.

Gather more insights about the market drivers, restrains and growth of the Pharmacovigilance Market

A rise in the incidence of chronic diseases, such as cancers, diabetes, and cardiovascular & respiratory disorders, has led to an increase in drug consumption worldwide. According to a WHO report on pharmaceutical consumption, medicines to treat chronic diseases accounted for a larger proportion of the total volume of drug consumption in nonhospital setups. Increasing drug development activities in areas such as personalized medicines, biosimilars, orphan drugs, and companion diagnostics, along with adaptive trial designs, is projected to boost the demand for pharmacovigilance services in the coming years.

Furthermore, the increasing incidence of ADR and drug toxicity is fueling the market growth. According to the National Center for Biotechnology Information (NCBI), approximately 5% of total hospitalizations in a year are due to ADR in Europe. Furthermore, a February 2022 article published in the Journal of Current Medicine Research and Practice titled "Characterization of Seriousness and Outcome of Adverse Drug Reactions in Patients Receiving Cancer Chemotherapy Drugs - A Prospective Observational Study" revealed that serious Adverse Drug Reactions (ADRs) in the U.S. result in over 100,000 deaths annually and have been a major health concern since the past decade.

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The global personalized medicine market was valued at USD 529.28 billion in 2023 and is projected to grow at a CAGR of 8.20% from 2024 to 2030.

The global medical writing market size was valued at USD 3.8 billion in 2022 and is expected to expand at a CAGR of 10.46% from 2023 to 2030.

Key Pharmacovigilance Company Insights

The market is characterized by a few notable players, including Accenture, IQVIA, Cognizant, Aris Global, and IBM Corporation. These manufacturers are actively utilizing strategic initiatives such as mergers and acquisitions to strengthen their market positions. For instance, in October 2023,  IQVIA strategically collaborated with argenx to advance treatment to patients with rare autoimmune diseases through innovative and integrated technology-enabled pharmacovigilance (PV) safety services and solutions.

"We look forward to collaborating closely with IQVIA on this important business need. We aim to innovate in all that we do and IQVIA’s technology-enabled PV services and solutions will allow for efficient data integration as we work to bring new treatment options to autoimmune patients”.

- Tim Van Hauwermeiren, CEO, argenx.

In November 2022, Linical Americas (a U.S. subsidiary of The Linical Group) and Science 37 Holdings, Inc. announced a partnership to enable the deployment of hybrid and fully decentralized trials. This partnership will provide enhanced access to Linical’s offerings.

“By partnering with Linical, we have an important new ally in our mission to accelerate clinical research and enable universal access for patients,” “Our technology-enabled Metasite will empower and enhance Linical’s solutions, helping patient’s access new life-changing treatments quicker, in the largest and most prevalent therapeutic areas.”

- ”David Coman, Chief Executive Officer of Science 37

Recent Developments

In March 2023, ICON plc and LEO Pharma announced partnerships to impel execution of clinical trials in medical dermatology space.

“We’ve been exploring several outsourcing models but found a hybrid sourcing model to be the most efficient. Partnering with ICON supports our 2030 strategy as it will help us to bring innovative treatments to patients faster while also supporting a more sustainable business through scalability and flexibility. “ICON’s wealth of services and leading position in clinical development will support LEO Pharma’s R&D strategy building on driving innovation through partnerships and support staying competitive.”

- Jörg Möller, Executive Vice President and head of Global R&D at LEO Pharma

In February 2023, Parexel International Corporation announced the launch of Expert Series-New Medicines, Novel Insights. The series features latest insights from company’s cross-functional experts postanalysis of trends that impact drug development and evidence-based guidance for the biopharmaceutical industry.

“Cutting-edge medicines are becoming more personalized and precise across the therapeutic landscape, while the process to develop those therapies is reaching new heights of complexity. “Parexel’s New Medicines, Novel Insights research series offers expert-led guidance to deliver on the promise of patient-focused drug development and bring impactful treatments to patients more rapidly.”

- Amy McKee, MD, Chief Medical Officer and Head of Oncology Center of Excellence

Key Pharmacovigilance Companies

The following are the leading companies in the pharmacovigilance market These companies collectively hold the largest market share and dictate industry trends

Accenture

IQVIA Inc.

Cognizant

Clinquest Group B.V. (Linical Americas)

IBM

Laboratory Corporation of America Holdings

ArisGlobal

Capgemini

ITClinical

ICON plc.

TAKE Solutions Limited

Parexel International (MA) Corporation

Wipro

United BioSource LLC

BioClinica Inc. (Clario)

ClinChoice (formerly FMD K&L

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Biosimilars Market Size, Trends, Growth Analysis 2032

Biosimilars Market Overview

An integral component of the Biosimilars Market is the emergence of follow-on biologics. These biologics, which closely resemble existing biologic drugs, offer additional options for patients and healthcare providers. Follow-on biologics undergo rigorous testing to demonstrate similarity to the reference product, ensuring interchangeability and therapeutic equivalence. With their introduction, follow-on biologics stimulate competition in the biopharmaceutical industry, driving down prices and promoting innovation. As the demand for cost-effective biologic therapies continues to grow, the Biosimilars Market stands to benefit from the availability and acceptance of follow-on biologics, expanding treatment options and improving patient outcomes.

According to Market Research Future (MRFR), the biosimilars market insights was valued at USD 29.7 billion in 2023 and is projected to grow from USD 36.79 Billion in 2024 to USD 161.95 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 20.35% during the forecast period (2024 - 2032).

Biosimilars Market: Latest News and Developments

The FDA has approved the first Humira biosimilar. Adalimumab-bwwd (Cyltezo), a Humira biosimilar, received FDA approval in January 2023 for the treatment of rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, juvenile idiopathic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and hidradenitis suppurativa.

Rising use of biosimilars in the treatment of cancer. A growing number of biosimilars are being used to treat cancer. The FDA authorised filgrastim-sndz (Zarxio), pegfilgrastim-jmdb (Onpro), and trastuzumab-dkst (Herzuma) as three biosimilars for the treatment of cancer in 2022.

Market Segmentation

Biosimilars industry can be considered with respect to product, applications, and end users.

The products based on which the market has been split into are recombinant glycosylated proteins, recombinant peptides, and recombinant non-glycosylated proteins. Recombinant non-glycosylated proteins are the biggest segment in the global market, thanks to the soaring cases of chronic disorders ranging from growth hormone deficiency to diabetes. As a result, recombinant non-glycosylated proteins are therapeutically used as they are readily available and are cost-effective.

Application-wise, the biosimilars market caters to chronic diseases, oncology, blood disorders, autoimmune diseases, infectious diseases, growth hormone deficiency, and more. Blood disorders have emerged as the top segment, as a result of the rising burden of the condition worldwide and the increased use of biosimilars by virtue of their low cost and the overall reduction in the treatment cost.

Major end users in the global market are hospitals and clinics as well as research institutes. Hospital and clinics are healthcare settings where treatment options and skilled professionals are easily available, and therefore, have emerged as the leading segment in the global industry.

Regional Status

Europe, MEA or Middle East & Africa along with the Americas, APAC or Asia Pacific are the primary markets for biosimilars.

Europe has taken the lead in the global market, as the region houses a vast elderly pool, with close to one fifth of the overall EU population aged more than 65 years. This has given way to several lifestyle-related disorders such as oncology, autoimmune diseases, diabetes, to name a few. Presumably, the scenario has raised the demand for biosimilars and can mean higher market growth over the next few years. In addition to this, numerous blockbuster biologics are on track to lose patent in the coming years, which should present lucrative opportunities to the biosimilar manufacturers.

The North American market displays a bright outlook and can emerge quite lucrative in the coming years, in view of the surging burden of chronic ailments in Canada and the United States. The rising spending on research activities by the healthcare agencies also fuels the market expansion in the region. Favorable reimbursement landscape in the region, especially in the US, encourages healthy competition as it results in lower incentives for the players to compete based on price.

The APAC market is slated to witness considerable growth, with China, South Korea and India offering a host of lucrative opportunities for drug development as well as commercialization. These are generics-driven countries and are known for frequently launching new and advanced manufacturing platforms, which has brought down the costs associated with biosimilar production. In the coming few years, majority of the patent expiries is touted to be in biosimilars, which is deemed as a profitable aspect by leading manufacturers and can translate into substantial market growth.

Eminent Vendors

Top global key players listed by biosimilars market outlook report include Stada Arzneimittel AG (Germany), Teva Pharmaceuticals (Israel), Biocon (India), Pfizer (US), Sandoz International (Germany), Eli Lily & Company (US), Actavis, Inc. (US), Dr. Reddy’s Laboratories (India), Cipla Ltd (India), Amgen, Inc. (US), Samsung Biologics (South Korea), Hospira Inc.(US), Mylan, Inc.(US), Celltrion (South Korea), to mention a few.

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Chromatography Resin market is expected to display a steady growth by 2028

According to a new report published by UnivDatos Markets Insights the Chromatography Resin Market is expected to grow at a CAGR of around 8% from 2022-2028. The analysis has been segmented into Type (Inorganic, Natural and Synthetic); Application (Affinity, Ion Exchange, Size Exclusion, Hydrophobic Interaction and Others); Region/Country.

The Chromatography Resin market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Chromatography Resin market. The Chromatography Resin market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Chromatography Resin market at the global and regional levels.

Market Overview

The chromatography resin market is expected to witness CAGR of 8% during the forecast period owing to the advent of biosimilars and growing pharmaceutical & biopharmaceutical R&D activities for drug delivery applications. Further, chromatographic resins are used to purify and separate proteins and other bio-molecules in biotechnological, pharmaceutical, food industries.

In addition, Chromatography resins also have applications in commercial processes like water purification and environmental analysis. A rise in R&D investment is anticipated to enhance the need for chromatography, which is a crucial component of R&D operations in the pharmaceutical sector. According to Congressional Budget Office USA, the pharmaceutical industry spent USD 83 billion dollars on R&D in 2019.

Moreover, strategic measures like mergers and acquisitions, partnerships, etc. is further expected to drive the market. For instance, in April 2020, Bio-Rad Laboratories Inc. announced the acquisition of Celsee Inc., a company that offers instruments and consumables for the isolation, detection, and analysis of single cells

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted the healthcare industry and has transformed the way healthcare is delivered. The COVID-19 pandemic, on the other hand, has bolstered the Chromatography Resin business by boosting the use of vaccinations and medications, resulting in increased demand for Chromatography Resin.

The global Chromatography Resin market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

Based on technique, the market is classified into Affinity, Ion Exchange, Size Exclusion, Hydrophobic Interaction and Others. Affinity resin has a sizable portion of the market and is frequently used for protein purification due to its characteristics including high binding efficiency, low ligand leaking, and selectivity for a variety of antibody segments. Comparing affinity chromatography to other techniques, it has the benefit of using a protein structure for purifying. This makes affinity chromatography more easy and time-effective.

Based on type, the market is classified into Inorganic, Natural and Synthetic. A sizeable portion of the market is accounted for by the natural sector, which can be attributed to rising natural product consumption as well as widespread use of size exclusion chromatography and paper chromatography in various industrial applications. Key market drivers include the growing demand from the food and beverage industry as well as the pharmaceutical and medical sectors, which are expanding due to the increase in healthcare spending.

Chromatography Resin Market Geographical Segmentation Includes:

North America (United States, Canada, and Rest of North America)

Europe (Germany, United Kingdom, Italy, France, Spain, and the Rest of Europe)

Asia-Pacific (China, India, Japan, and the Rest of Asia-Pacific)

Rest of the World

For a better understanding of the market dynamics of the Chromatography Resin market, a detailed analysis was conducted for different regions across the globe including North America (U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. Geographically, the North America region dominated the Chromatography Resin market owing to the growing investment in healthcare sector in the region.

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The major players targeting the market include

Cytiva Lifesciences

Bio-Rad Laboratories Inc.

Sartorius AG

Generon

Tosoh Bioscience

Bio-Works

Repligen Corporation

LAF-Biotechnology

JNC Corporation

Anatrace Products LLC.

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Chromatography Resin market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the Chromatography Resin market?

• Which factors are influencing the Chromatography Resin market over the forecast period?

• What are the global challenges, threats, and risks in the Chromatography Resin market?

• Which factors are propelling and restraining the Chromatography Resin market?

• What are the demanding global regions of the Chromatography Resin market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

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Rheumatology Therapeutics Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033

The Rheumatology Therapeutics Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Rheumatology Therapeutics Global Market Report 2024, The rheumatology therapeutics market size is expected to see steady growth in the next few years. It will grow to $51.42 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to the shift towards personalized medicine approaches, rising adoption of biosimilars in rheumatology, increasing investment in research and development, integration of digital health technologies, and regulatory approvals for novel therapies. Major trends in the forecast period include growth in telemedicine and remote monitoring solutions, expansion of targeted therapies for specific rheumatic conditions, emphasis on patient-centric care models, expansion of biologic treatments beyond monoclonal antibodies, and adoption of value-based pricing models.

The rising prevalence of autoimmune diseases is expected to propel the growth of the rheumatology therapeutics market going forward. An autoimmune disease is a condition where the immune system mistakenly attacks and damages the body's tissues. The prevalence of autoimmune diseases is growing due to a combination of genetic, environmental, and lifestyle factors, including increased awareness and improved diagnostic capabilities. Rheumatology therapeutics are required for autoimmune diseases to manage inflammation, alleviate symptoms, and prevent joint and tissue damage caused by the immune system attacking the body. For instance, in June 2024, according to the Australian Institute of Health and Welfare, an Australia-based government agency, around 514,000 people in Australia, or 2.0% of the population, were estimated to be living with rheumatoid arthritis in 2022. Rheumatoid arthritis accounted for 2.0% of the total disease burden and 16% of the burden for all musculoskeletal conditions in 2023. Therefore, the rising prevalence of autoimmune diseases is driving the growth of the rheumatology therapeutics market.

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The rheumatology therapeutics market covered in this report is segmented –

1) By Drug Class: Disease Modifying Anti-Rheumatic Drugs, Nonsteroidal Anti-Inflammatory Drugs, Corticosteroids, Uric Acid Drugs, Other Drugs Classes 2) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy 3) By Disease Indication: Rheumatoid Arthritis, Osteoarthritis, Gout, Psoriatic Arthritis, Ankylosing Spondylitis, Other Disease Indications

Major companies operating in the rheumatology therapeutics market are developing innovative solutions, such as intravenous (IV) formulations, to enhance treatment efficacy and patient convenience. An intravenous (IV) formulation refers to a medication or substance that is administered directly into a vein through a needle or catheter. For instance, in October 2023, Novartis AG, a Switzerland-based pharmaceutical company, announced that the US Food and Drug Administration (FDA) had approved Cosentyx, an intravenous (IV) formulation. This form of Cosentyx is uniquely approved to treat adults with psoriatic arthritis (PsA), ankylosing spondylitis (AS), and non-radiographic axial spondyloarthritis (nr-axSpA). It works by specifically targeting and inhibiting interleukin-17A (IL-17A) and is the only non-tumor necrosis factor alpha (TNF-α) IV treatment available for these conditions.

The rheumatology therapeutics market report table of contents includes:

1. Executive Summary

2. Rheumatology Therapeutics Market Characteristics

3. Rheumatology Therapeutics Market Trends And Strategies

4. Rheumatology Therapeutics Market - Macro Economic Scenario

5. Global Rheumatology Therapeutics Market Size and Growth ...........

32. Global Rheumatology Therapeutics Market Competitive Benchmarking

33. Global Rheumatology Therapeutics Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Rheumatology Therapeutics Market

35. Rheumatology Therapeutics Market Future Outlook and Potential Analysis

36. Appendix

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Cardiovascular Drugs Market Size & Share to Surpass USD 195.6 billion By 2031

The global cardiovascular drugs market was valued at US$ 142.8 billion in 2022. The market is expected to expand at a CAGR of 3.8% from 2023 to 2031, reaching US$ 195.6 billion. Cardiovascular treatments may become more targeted and effective with genomics and personalized medicine advances. By identifying a patient's genetic profile and specific risks, tailored treatment can help improve outcomes and reduce side effects.

Researchers are working on new drug classes and therapies to treat cardiovascular disease, like gene therapies, RNA-based therapeutics, and stem cell therapies. By using these innovations, traditional medications could be rendered less effective and less durable. With digital health technologies like wearables and remote monitoring, cardio conditions could be better managed. Monitoring in real-time, coupled with data analytics, could lead to more proactive and personalized interventions.

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Research may continue into combinations of drugs with complementary mechanisms. The use of combination therapies may lead to better patient compliance and efficacy for cardiovascular diseases. Biosimilar versions may become more competitive as some cardiovascular drugs' patents expire. As a result, essential medications may be more affordable and easier to access.

Key Findings of the Market Report

Based on drug class, the anti-clotting agents (anti-coagulants and platelet aggregation inhibitors) will drive the cardiovascular drugs market.

North America accounts for the majority of market share as cardiovascular disease incidence rises.

Based on indication, the hypertension segment is anticipated to drive demand for cardiovascular drugs.

In terms of distribution channels, hospital pharmacy is expected to drive the market for cardiovascular drugs.

Global Cardiovascular Drugs Market: Regional Landscape

Cardiovascular drugs are expected to be in high demand in North America. North America continues to experience a significant burden of cardiovascular diseases (CVDs), accounting for a significant share of the overall burden of disease. Several cardiovascular diseases, including hypertension and coronary artery disease, are prevalent, resulting in a high demand for cardiovascular drugs.

Healthcare expenditures in North America are relatively high in the United States and Canada. This financial commitment to healthcare infrastructure and services enhances access to and utilization of cardiovascular drugs.

Pharmaceutics research and development are centered in North America, especially in the United States. Technological advances and drug discovery have introduced innovative cardiovascular drugs with improved efficacy and safety. In general, cardiovascular health is becoming more widely known among the public, which has led to a greater emphasis on prevention and early intervention.

Government regulatory agencies, such as Health Canada and the U.S. Food and Drug Administration (FDA), ensure cardiovascular medication safety and efficacy by overseeing drug approvals. Regulatory frameworks and government policies influence market dynamics.

Global Cardiovascular Drugs Market: Key Players

Leading companies follow market trends and launch generic heart failure drugs after patents on well-known drugs expire, per the latest cardiovascular drugs market analysis. In addition, the major drug manufacturers have established partnerships with academic institutions to develop innovative treatments and retain their competitive edge.

● ICU Medical Inc.

● Tandem Diabetes Care Inc.

● Medtronic plc

● Terumo Corporation

● F. Hoffmann-La Roche AG

● Baxter International

● BD

● Fresenius Kabi AG

● B. Braun SE

● Insulet Corporation

Key Developments

In January 2023, Lupin launched an India-based generic version of a Novartis drug for heart failure following the expiration of the patents on Valsartan and Sacubitril. In addition, it is available under the brand names Arnipin and Valentas, both of which are used for treating heart failure.

In January 2023, Glenmark Pharmaceuticals launched sacubitril + valsartan tablets for treating heart failure in India. The products are marketed as 'Sacu V'.

Global Cardiovascular Drugs Market: Segmentation

By Drug Class

Renin-Angiotensin System Blockers (ACE Inhibitors and Angiotensin Receptor Blockers)

Beta Blockers

Diuretics

Anti-Clotting Agents (Anti-Coagulants and Platelet Aggregation Inhibitors)

Antihyperlipidemics

Other Antihypertensive

Calcium Channel Blockers

Others

By Indication

Hypertension

Hyperlipidemia

Coronary Artery Disease

Peripheral Artery Disease

Arrhythmia

Others

By Distribution Channel

Hospital Pharmacy

Retail Pharmacy

Online Pharmacy

By Region

North America

Europe

Asia Pacific

Latin America

MEA

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[healthcaremarketanalysis]

Pen Needles Market worth $2.5 billion by 2028

Pen Needles Market in terms of revenue was estimated to be worth $1.6 Billion in 2023 and is poised to reach $2.5 Billion by 2028, growing at a CAGR of 9.1% from 2023 to 2028 according to a new report by MarketsandMarkets™.

The increasing healthcare expenditure on diabetes care, and mandates pertaining to safety pen needles are some factors that provide lucrative opportunities for key players in the market. However, reuse and misuse of pen injectors, and factors such as needles anxiety and preference of alternative modes of drug delivery, such as infusion pumps, are expected to restrain the market and pose significant challenges for market players.

Attractive opportunities Pen Needles Market

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"Discounts offered on the online purchases of pen needles to drive the growth of this segment"

Online purchase is the fastest growing segment of the pen needles market, by mode of purchase. The convenience of online purchases, and time-efficient drive the growth of this segment. Additionally, patients who need pen needles on a regular basis can even get subscriptions for a monthly supply, which further makes it more convenient.

The over-the counter purchase segment accounted for the largest share of the pen needles market by mode of purchase, in 2022. This is due to the large number of patients buying pen needles from local pharmacies without the need of a prescription. Additionally, distributors and suppliers provide discounts to hospitals and clinics on bulk purchases, which further contributes to the large share of this segment.

"Asia Pacific likely to emerge as the fastest-growing pen needles market, globally"

The pen needles market is segmented into five major regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa. Asia Pacific attributes to the highest growth rate amongst the other regions. The emerging Asian countries, such as China, India, and Japan, are offering significant growth opportunities for market players. The expansion of healthcare infrastructure and increase in disposable incomes, increase incidences of diabetes are factors which are likely to support the growth of pen needles market in the region.

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Pen Needles Market Dynamics:

Drivers

Rising incidence of chronic diseases

Favorable reimbursements in mature markets

Growing adoption of self-administration

Decreasing prices of insulin formulations

 Restraints

Alternative methods of drug delivery

Poor reimbursements in emerging markets

Needle anxiety

 Opportunities

Growing preference for biosimilar drugs

High-growth potential of emerging economies

Rising healthcare expenditure on diabetes

Regulatory mandates for safety pen needles

 Challenges

Reuse of pen needles

Misuse of injection pens

Key Market Players of Pen Needles Industry:

The key players in the pen needles market B. Braun Melsungen AG (Germany), Embecta Corp. (US), and Novo Nordik A/S (Germany). These companies adopted strategies such as collaborations, partnerships, and investments to strengthen their presence in the market.

Recent Developments:

In February 2023, Montmed, Inc. (Canada) announced issuance of a second US Patent for Sitesmart Pen Needles.

In April 2022, Embecta Corp. (US) completed the spin-off from Becton, Dickinson and Company (US) and started operating globally as a standalone pure-play diabetes care company.

In February 2021, UltiMed, Inc. (US) launched UltiCare safety pen needles in two sizes, 5mm 30G and 8mm 30 G.

In January 2021, NHS (UK) chose Owen Mumford (UK) as the sole supplier of safety pen needles. With this partnership, Owen's pen needles will be used in all NHS Wales hospitals.

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Pen Needles Market Advantages:

Convenience: Pen needles are user-friendly and require minimal setup, making them a convenient option for self-administration of medications, particularly for individuals with diabetes.

Precision: These needles offer precise and consistent dosing, reducing the risk of medication errors and ensuring accurate delivery of treatment.

Pain Reduction: Many pen needles are designed with features like ultra-thin gauges and advanced injection mechanisms to minimize pain and discomfort during injections.

Portability: Pen needles are compact and easily portable, allowing individuals to carry them discreetly and administer injections anywhere, contributing to a more flexible lifestyle.

Reduced Fear: Their compact design and less intimidating appearance can help alleviate the fear associated with injections, especially in pediatric and needle-phobic patients.

Compatibility: Pen needles are compatible with a wide range of medications, making them versatile for various therapeutic needs beyond diabetes.

Smart Technology Integration: Many modern pen needles are equipped with smart features like dose memory, Bluetooth connectivity, and mobile apps for tracking and monitoring injections, enabling patients and healthcare providers to manage treatment more effectively.

Reduced Cross-Contamination Risk: Disposable pen needles reduce the risk of cross-contamination as they are designed for single use, promoting safety and hygiene.

Cost-Effective: The competitive market has driven prices down, making pen needles an affordable option for a broad patient demographic.

Improved Quality of Life: The advantages of pen needles, such as pain reduction, precision, and convenience, collectively contribute to an improved quality of life for individuals requiring injectable therapies, ultimately enhancing treatment adherence and overall well-being.

[wellnessweb]

Overview of Microbial Fermentation Techniques

The Microbial Fermentation Technology Market size was estimated at USD 30,964.20 million in 2022 and is expected to reach USD 48980.988 million by 2030 with a growing CAGR of 5.9% during the forecast period of 2023-2030.The global Microbial Fermentation Technology Market  study includes a full analysis of key driving drivers, as well as profiles of prominent firms, essential product features, sales rates, and contact information. A thorough assessment of the most important market trends is also included in the research. Information is gathered through focus groups, surveys, interviews, a geographical and national study, and a comprehensive all-dimensional examination.

Major market factors such as drivers, constraints, opportunities, and threats are examined, as well as how they influence the market. External threats and opportunities have underlying drivers and limits in the global market. Strategic alliances, new product launches, initiatives, transactions, joint activities, and information on top market rivals are all covered by Microbial Fermentation Technology Market  research, as well as development factors, limits, and opportunities.

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Market Segmentation

By Application

Antibiotics

Probiotics Supplements

Monoclonal Antibodies

Recombinant Proteins

Biosimilars

Vaccine

Enzymes

Small Molecules

Others

By End User

Bio-Pharmaceutical Companies

Contract Research Organizations (CROs)

CMOs & CDMOs

Academic & Research Institutes

The global Microbial Fermentation Technology Market  analysis summary provides an overview of the topic, including definitions, classifications, applications, and the industrial chain structure. Global business research is offered for emerging markets, including competitive landscape studies and development trends.

Russia-Ukraine War Impact on Microbial Fermentation Technology Market

The impact of the Russia-Ukraine conflict on the worldwide market is detailed in the research paper. While tensions between Russia and Ukraine have been increasing for years, the present military action heightens fears of a long-term conflict within Ukraine, as well as market and global economic implications.

Competitive Scenario

The market report also includes a comprehensive library of future market estimates based on historical data. Customers can get quantitative industry expertise by looking at the most recent market data. The study investigates a variety of significant elements that influence firm players, including as suppliers, end-users, dealers, and others, in order to assist them in strategizing investment and pursuing various Microbial Fermentation Technology Market  growth chances. All significant competitors, prices, and positioning, as well as a thorough data collecting strategy, must operate in the same territory.

Report Highlights

Give an overview of the present situation of the target industry, including applications and innovations.

A comprehensive analysis of the Microbial Fermentation Technology Market 's situation amid COVID-19 pandemic and Russia-Ukraine War.

A detailed market analysis, including upstream raw materials, downstream output, and recent growth estimates.

Report Conclusion

The most recent Microbial Fermentation Technology Market  study looks at the target market's latest influence. The article looks at how the corporate environment is always changing, as well as the short- and long-term implications.

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The biosimilar market size in the 8MM was $4 billion in 2022 and is expected to achieve a CAGR of more than 9% during 2022-2029.