The Lyophilized injectable drugs industry will relinquish an approximated estimate at a frequency of 6.3% for the projection space of 2021 to 2028 with factors such as the rise in chronic conditions and safe transit and storage of these substances until their end use. Increase in geriatric population with chronic diseases also acts as a major factor for the growth of the lyophilized injectable drugs market. Expansion of pipeline of lyophilized injectable drugs and technological advancements have also given a boom to the lyophilized injectable drugs market.
The rise in regulatory approval has propelled the demand of the lyophilized injectable drugs market. However, risk of needle stick injuries and increase in number of product recalls for lyophilized drugs and packaging type has decreased the demand of the lyophilized injectable drugs market.
Lyophilized Injectable Drugs Market Scenario
According to Data Bridge Market Research, the market for lyophilized injectable drugs in Europe is dominated by Novartis AG, which accounts an estimated market share of approximately 20.31%. The company has gained outstanding sale by providing novel lyophilized injectable drugs.
- In November 2019, Novartis AG has signed a strategic agreement with the Medicines Company, the U.S. based pharmaceutical companies. This agreement done by the company has boosted the company’s product portfolio and allowed it generate more revenue in the market.
Trends Impacting The Lyophilized Injectable Drugs Market
Now the question is which other regions Novartis AG, Cipla Inc. and Pfizer Inc. are targeting? Data Bridge Market Research has forecasted a large growth in Europe lyophilized injectable drugs market and the market leaders targeting the Germany and France to be their next revenue pocket for 2021.
The lyophilized injectable drugs market is becoming more competitive with companies such as Novartis AG, Cipla Inc. and Pfizer Inc. These are the top dominating companies in lyophilized injectable drugs market and have launched novel lyophilized injectable drugs in the market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the Europe lyophilized injectable drugs market.
For more analysis on the Europe lyophilized injectable drugs market, request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=europe-lyophilized-injectable-drugs-market
Lyophilized Injectable Drugs Market Development
- In August 2020, Novartis AG received EU approval for Cosentyx. The drug approved is available as lyophilized powder in single- use vial and has been proved highly efficacious in rapidly improving skin symptoms and enhances the quality of patient’s life suffering from psoriasis. This approval achieved by the company enhanced the company’s product portfolio across Europe and helped it to penetrate its root in Europe lyophilized injectable drugs market.
Scope of the Europe Lyophilized Injectable Drugs market
Europe lyophilized injectable drugs market is segmented on the basis of countries into the Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland and rest of Europe.
- All country based analysis of the Europe lyophilized injectable drugs market is further analysed based on maximum granularity into further segmentation. On the basis of packaging, the lyophilized injectable drugs market is segmented into vials, dual-chamber syringes, dual-chamber cartridges and others. On the basis of drug class, the lyophilized injectable drugs market is segmented into anti-infectives, antineoplastic, diuretics, proton pump inhibitor, anesthetic, anticoagulant, NSAID’s, corticosteroids and others. On the basis of form, the lyophilized injectable drugs market is segmented into powder and liquid. On the basis of indication, the lyophilized injectable drugs market is segmented into oncology, autoimmune diseases, hormonal disorders, respiratory diseases, gastrointestinal disorders, dermatological disorders, ophthalmic diseases and others. On the basis of route of administration, the lyophilized injectable drugs market is segmented into intravenous/infusion, intramuscular and others. On the basis of end user, the lyophilized injectable drugs market is segmented into hospital, clinics, home healthcare and others. On the basis of distribution channel, the lyophilized injectable drugs market is segmented into direct tender, retail sales and others.
To know more about the study https://www.databridgemarketresearch.com/reports/europe-lyophilized-injectable-drugs-market
Key Pointers Covered in Europe Lyophilized Injectable Drugs Market Industry Trends and Forecast to 2028
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
- Market Value and Over View of Lyophilized Injectable Drugs
- Company Profiling of Top Eight Players of Lyophilized Injectable Drugs Market
Key Market Competitors Covered in the Report
- Amneal Pharmaceuticals LLC
- Gilead Sciences, Inc.
- Otsuka Pharmaceuticals Co., Ltd. (a subsidiary of Otsuka Holdings Co., Ltd.)
- Celon Laboratories Pvt. Ltd.
- Viatris Inc.
- Pfizer Inc.
- Novartis AG
- Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc.
- Fresenius Kabi Ltd (a subsidiary of Fresenius Kabi AG)
- Cipla Inc.
- Baxter
- Sanofi
- Cirondrugs
- Genex Pharma
- Aristopharma Ltd.
Above are the key players covered in the report, to know about more and exhaustive list of lyophilized injectable drugs companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=europe-lyophilized-injectable-drugs-market
Research Methodology: Europe Lyophilized Injectable Drugs Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturers, Oncologists, Healthcare Industry, Scientists and Research Laboratories
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence and Regulatory Affairs Managers among others.
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