Latin America Generic Injectables Market 2021-2026: Share, Trends, Industry Analysis & Growth
According to the latest report by IMARC Group, titled “Latin America Generic Injectables Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the market is expected to continue its robust growth in the forecast period (2021-2026).
Generic
injectables are pharmaceutical drugs with the same active ingredients,
strength, dosage, and administration route as of branded injectables. Some of
their standard products include Prevnar 13, Eliquis, Ibrance, Lyrica, Xeljanz,
etc. Generic injectables facilitate the quick onset of action, precise and
adjustable dosing, and predictable bioavailability. Moreover, these injectables
cost lesser than their branded counterparts, which aids in managing overhead
costs related to pharma products.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Latin America Generic Injectables Market Trends:
The
growing prevalence of chronic diseases in Latin America, due to increasing
pollution levels and sedentary lifestyles, is primarily catalyzing the market
for generic injectables market. Furthermore, the launch of several initiatives
by the government bodies across the region to promote the production and distribution
of generic injectables are also bolstering the product demand. Additionally,
various technological advancements in the drug delivery systems, such as the
introduction of self-injection devices, are further propelling the market
growth. Numerous other factors, including increasing penetration of health
insurance companies and the upcoming patent expiry of several blockbuster
medicines, are expected to drive the market growth over the forecasted period.
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Latin America Generic Injectables Market 2021-2026 Analysis and
Segmentation:
Breakup by Therapeutic Area:
- Oncology
- Anaesthesia
- Anti-infectives
- Parenteral
Nutrition
- Cardiovascular
Breakup by Container:
- Vials
- Ampoules
- Premix
- Prefilled
Syringes
Breakup by Distribution Channel:
- Hospitals
- Retail
Pharmacy
Breakup by Country:
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Others
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List of Figure: https://www.imarcgroup.com/latin-america-generic-injectables-market
Key highlights of the report:
- Market
Performance (2015-2020)
- Market
Outlook (2021- 2026)
- Porter’s
Five Forces Analysis
- Market
Drivers and Success Factors
- SWOT
Analysis
- Value
Chain
- Comprehensive
Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope
of the report, we can provide it to you as a part of the customization.
If you want latest primary and secondary data (2021-2026) with Cost
Module, Business Strategy, Distribution Channel, etc. Click request free sample
report, published report will be delivered to you in PDF format via email
within 24 to 48 hours of receiving full payment.
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