BRANDED GENERICS MARKET ANALYSIS

Branded Generics Market, By Drug Class (Alkylating Agents, Antimetabolites, Hormones, Anti-Hypertensive, Lipid Lowering Drugs, Anti-Depressants, Anti-Psychotics, Anti-Epileptics, Others) By Formulation (Oral, Parenteral, Topical and Others), By Indication (Oncology, Cardiovascular Diseases, Diabetes, Neurology, Gastrointestinal Diseases, Dermatology Diseases, Analgesics and Anti-inflammatory, Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Drug Stores) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) -

Published In : Jun 2023
Code : CMI3391
Pages :176
Formats :
Excel and PDF
Industry : Pharmaceutical

Branded Generics MarketSize and Trends

The global branded generics market is estimated to be valued at US$ 327.4 million in 2023 and is expected to exhibit a CAGR of 7.3% during the forecast period (2023-2030).

Figure 1. Global Branded Generics Market Share (%), by Drug Class, 2023

Figure 2. Global Branded Generics Market Value (US$ Million), by Region, 2023

Global Branded Generics Market- Regional Analysis

Among regions, Asia Pacific is estimated to hold a dominant position in the global branded generics market over the forecast period. The rising market share of branded generics in nations such as Japan and India is anticipated to be a key development driver. In order to combat the lack of life-saving medications, governments in this region are also concentrating on the growth of their industrial hubs, thereby, meeting unmet demands. There is a stronger demand for branded generic drugs in nations such as India, where doctors typically prescribe medications under brand names rather than International Nonproprietary Names (INN).