High Potency Active Pharmaceutical Ingredients Market to Post Robust Growth to 2023, States IQ4I in Its New Report Available at MarketPublishers.com22 Nov 2017 • by Natalie Aster
LONDON – The worldwide high potency active pharmaceutical ingredients (HPAPI) market is forecast to see robust growth in revenue in the years ahead, with its value likely to surpass the USD 27.293 billion mark by 2023.
The key drivers of the HPAPI market growth include the growing incidence rates of chronic and age-associated diseases, fast-paced growth in the oncology market, a hike in the demand for antibody-drug conjugates (ADCs), technology advances in the HPAPI market, increasing CMOs. At the same time, factors like certain ethical and social issues, stiff costs, standardisation and quality assurance of biochip processes as well as technological ease in handling the biochips are restraining the market growth.
Regionally, North America accounts for the major share of the global HPAPI market as of 2016, followed by Europe. APAC, however, is poised to see the fastest CAGR during the forecast period.
New cutting-edge research report “High Potency Active Pharmaceutical Ingredients (HPAPI) Global Market – Forecast To 2023” created by IQ4I Research & Consultancy gives in-depth insights into the market scenario globally with a focus on the major geographies. It provides granular market classification and analysis by customer base, business type, molecule type, and applications.
This report includes updated statistics, examines the key factors driving and hindering the market growth, includes Porter’s five forces analysis, limelights the respective regulatory affairs in various countries, provides a market share analysis by key players, takes a look at the supply chain, gives details on the selected best-selling HPAPIs, and gives information on the recent investments in the market. The study analyses the competitive scene and profiles the 10 leading companies. It also includes a future outlook for the market through 2023.
More new research reports by this publisher are provided in the IQ4I Research & Consultancy catalogue at MarketPublishers.com.