IMARC Group, a leading market research company, has recently releases report titled “Europe Generic Injectables Market: Industry Trends, Share, Size, Growth, Opportunity and Future Prospects.” The study provides a detailed analysis of the industry, including the Europe generic injectables market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What are generic injectables?
Generic injectables are drugs that have the equivalent dosage, quality, strength, performance, and intended usage as their branded counterparts. They assist in treating various life-threatening and chronic diseases, including cancer, diabetes, rheumatoid arthritis, cardiovascular ailments, respiratory infections, etc. Generic injectables aid in maximizing patient compliance and reducing the frequency of dosage, thereby maintaining the effectiveness of the treatment.
What are the market trend in Europe generic injectables industry?
The rising prevalence of chronic diseases, including hypertension and cardiovascular problems, represents one of the key factors driving the Europe generic injectables market. Furthermore, there is a growing demand for intravenous (IV) and intramuscular (IM) routes of drug administration for the drug delivery process and treatment of patients that are incapable of taking medicines orally.
In addition to this, generic injectables are better than branded drugs in terms of cost efficiency, which is catalyzing the growth of the market. Additionally, the increasing medicine shortage and expiry of patents of branded products are expected to fuel the market growth in Europe over the forecast period.
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Report Segmentation:
The report has segmented the Europe generic injectables market on the basis of therapeutic area, container, distribution channel and country.
Breakup by Therapeutic Area:
- Oncology
- Anaesthesia
- Anti-infectives
- Parenteral Nutrition
- Cardiovascular
Container:
- Vials
- Ampoules
- Premix
- Prefilled Syringes
Distribution Channel:
- Hospitals
- Retail Pharmacy
Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
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