The small molecule injectable drugs global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Small Molecule Injectable Drugs Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The small molecule injectable drugs market size has grown rapidly in recent years. It will grow from $195.14 billion in 2023 to $220.85 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to rising chronic diseases, aging population, government initiatives, increasing healthcare expenditure, improved manufacturing processes.
The small molecule injectable drugs market size is expected to see rapid growth in the next few years. It will grow to $355.14 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%. The growth in the forecast period can be attributed to personalized healthcare, digital health integration, supply chain optimization, real-world evidence utilization, shift towards outpatient care. Major trends in the forecast period include advancements in drug delivery systems, technological advancements, focus on research and development, innovation in injectable therapies, fast-track approvals of new drug formulation.
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Scope Of Small Molecule Injectable Drugs Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Small Molecule Injectable Drugs Market Overview
Market Drivers –
The rising chronic diseases are expected to propel the growth of the small-molecule injectable drug market going forward. Chronic diseases are conditions characterized by long-term persistence and typically slow progression. Chronic diseases are on the rise due to a combination of factors, including sedentary lifestyles, unhealthy dietary habits, tobacco use, and increasing levels of stress. These lifestyle choices contribute to the development of conditions such as obesity, diabetes, cardiovascular diseases, and certain types of cancer. Small-molecule injectable drugs play a valuable role in managing chronic diseases by offering targeted therapy, improved compliance, disease modification, combination therapy options, and opportunities for therapeutic monitoring. For instance, in September 2023, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations, there were 41 million deaths, which is 74% of those caused by non-communicable diseases (NCDs) or chronic diseases every year globally. There were 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths from diabetes. Therefore, rising chronic diseases drive the small-molecule injectable drug market.
Market Trends –
Companies in the small-molecule injectable drug market are focused on developing new technologies such as a new microparticle technology, to enhance the solubility of active pharmaceutical ingredients in oral drug products. Microparticle technology refers to the design, production, and application of particles at the microscale level, typically ranging from nanometers to micrometers in size. These particles can be engineered from various materials, including polymers, metals, ceramics, and composites. For instance, in March 2022, Evonik Industries AG, a Germany-based specialty chemicals company, launched EUDRATEC SoluFlow, a new microparticle technology designed to enhance the solubility of active pharmaceutical ingredients in oral drug products. This innovative emulsion-based process technology addresses solubility challenges that traditional manufacturing methods struggle to overcome, particularly for new small-molecule therapeutics where over 70% of compounds are insoluble. EUDRATEC SoluFlow enables the development of new oral therapeutics in various areas, such as cancer, cardiovascular diseases, infectious diseases, and diabetes, by transforming poorly soluble drugs into free-flowing powders of amorphous solid dispersions (ASD).
The small molecule injectable drugs market covered in this report is segmented –
1) By Drug Class: Small Molecule Antibiotics, Analgesics, Chemotherapy, Antivirals, Anticoagulant, Skeletal Muscle Relaxants, Anticonvulsants, Other Drug Class
2) By Indication: Pain Management, Oncology, Infectious Diseases, Cardiovascular Diseases, CNS Diseases, Other Indications
3) By Mode of Delivery: IV Set, Intravenous Injection, Infusion Pump, Intramuscular Injection, Subcutaneous Injection
4) By End User: Hospitals, Ambulatory Clinics, Outpatient Facility, Infusion Therapy Center, Home Care, Other End Users
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Regional Insights –
North America was the largest region in the Small Molecule Injectable Drugs market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the small molecule injectable drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the small molecule injectable drugs market are Pfizer Inc., Johnson & Johnson Services Inc., F. Hoffmann-La Roche AG , Merck & Co. Inc., AbbVie Inc., Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca plc, Abbott Laboratories , Novartis AG, Fresenius Kabi AG, GlaxoSmithKline plc, Eli Lilly and Company, Gilead Sciences Inc., Amgen Inc., Becton Dickinson and Company, Teva Pharmaceutical Industries Ltd., Baxter International Inc., Sun Pharmaceutical Industries Ltd., Aurobindo Pharma Ltd., Dr. Reddy’s Laboratories Ltd., Cipla Limited, Hikma Pharmaceuticals plc, BioCryst Pharmaceuticals Inc., Mylan N.V.
Table of Contents
1. Executive Summary
2. Small Molecule Injectable Drugs Market Report Structure
3. Small Molecule Injectable Drugs Market Trends And Strategies
4. Small Molecule Injectable Drugs Market – Macro Economic Scenario
5. Small Molecule Injectable Drugs Market Size And Growth
…..
27. Small Molecule Injectable Drugs Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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