Global Generic Drugs Market to Witness Impressive Growth, Revenue to Surge to USD 1,042.1 Billion By 2028

05-Jul-2021 | Zion Market Research

The global Generic Drugs market accounted for USD 515.0 billion in 2020 and is expected to reach USD 1,042.1 billion by 2028, growing at a CAGR of around 9.4% between 2021 and 2028.         

The report covers forecast and analysis for the Generic Drugs market on a global and regional level. The study provides historic data of 2016 along with a forecast from 2021 to 2028 based on revenue (USD Billion). The study includes drivers and restraints for the Generic Drugs market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Generic Drugs market on a global level.   

This report offers comprehensive coverage on global Generic Drugs market along with, market trends, drivers, and restraints of Generic Drugs market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the Generic Drugs market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared by using data sourced from in-house databases, secondary and primary research team of industry experts. Research analysts and consultants cooperate with leading companies of the concerned domain to verify every value of data exists in this report.  

The study provides a decisive view on the Generic Drugs market by segmenting the market based on type of brand, application, and regions. All these segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2028. The brand covered under this study includes pure generic drugs and Branded generic drugs.     

The application based market covered under this study includes Central nervous system (CNS), Cardiovascular, Dermatology, Oncology, Respiratory, and Others.   

The market of the generic drug has been segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa. North America is dominating the generic drug market due to high demand and increasing the prevalence of chronic diseases. Asia-Pacific is expected to show good growth in the forecast period. In Asia Pacific, India and China are leading countries in the genetic drug market.

Browse the full Generic Drugs Market by Brand (Pure generic drugs, Branded generic drugs) By Application (Central nervous system (CNS), Cardiovascular, Dermatology, Oncology, Respiratory, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/generic-drug-market

The global Generic Drugs Market is segmented as follows:

By Brand

  • Pure generic drugs  
  • Branded generic drugs  

By Applications  

  • Central nervous system (CNS)
  • Cardiovascular
  • Dermatology
  • Oncology 
  • Respiratory
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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