The global specialty generics market reached a value of US$ 44.8 Billion in 2018. Looking forward, the market value is further expected to reach US$ 88.9 Billion by 2024, exhibiting a CAGR of +11.9% during 2019-2024.
Specialized Generics are the generic versions of specialized pharmaceutical products. They are profitable compared to specialized pharmaceutical products. Specialized generics include biopharmaceuticals, blood products and complex molecules.
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Several highly successful special drug molecules will cease to be apparent in the coming years. Therefore, companies are venturing into this market to launch generic versions of the products by developing new formulations. In addition, the global saturation of the conventional generic market and the low margins for generic drugs are also forcing companies to seek new opportunities. However, the commercialization and development of specialized generics is more complex compared to conventional generic products. The creative companies are adopting multiple strategies to maintain participation in the specialized medicine market by combining regulatory, commercial and product development strategies.
Some of the players in global specialty generics market include Valeant Pharmaceuticals International, Inc., Novartis,Pfizer Inc., Turing Pharmaceuticals, Teva Pharmaceutical Ltd., Mylan N.V.,Akorn, Inc., and Mallinckrodt
Based on disease indication, the global specialty generics market is segmented into the following:
Based on route of administration, the global specialty generics market is segmented into the following:
- Infectious diseases
- Multiple Sclerosis
Based on distribution channel, the global specialty generics market is segmented into the following:
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Table of Content
- Retail Pharmacies
- Hospital Pharmacies
- Mail order Pharmacies
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
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