Authorized Generics Market Research Report and Forecast up to 2024 Authorized Generics Market - Global Industry Analy | Page 2

In terms of product type, the global authorized generics market can be segmented
into biosimilars, simple generic, super generic, and others. Based on applications
the market can be classified into cardiovascular, anti-infective, anti-arthritis, central
nervous system, anti-cancer, respiratory, and others.
Geographically, the global authorized generics market can be divided into North
America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North
America accounted for the largest share of the market, primarily due to
technological advancements, rise in demand for generic drugs, increase in overall
cost of branded drugs, and presence of key players. Europe held a significant share
of the market attributed to advancements in generic drugs, rise in various types of
cancer, and blood related disorders. Asia Pacific, however, has been exhibiting high
growth rate on account of growing demand for generic drugs, rise in geriatric
population, increase in disposable income, and government initiatives to support
generic drugs. Rapidly rising population in the region has increased demand for
better health care and induced both private and government players to meet the
demand. Developing economies such as India and China have also made a
significant contribution to the rise of the global authorized generics market by
focusing on establishing a better health care infrastructure.
Key players in the market are Teva Pharmaceuticals, Sandoz, Allergan, Mylan, Sun
Pharmaceuticals, and STADA Arzneimittel. Other prominent vendors in the market
are Abbott, Amgen, Apotex, Aspen, AstraZeneca, Aurobindo Pharma, Baxter, Berlin-
Chemie, Biocon, Biogen, Boehringer Ingelheim, Celltrion, Cipla, Coherus
Biosciences, Dr. Reddy's Laboratories, Daiichi Sankyo, Eli Lilly and Company,
Emcure Pharmaceuticals, Eurofarma Laboratories, Gedeon Richter, Gilead Sciences,
and GlaxoSmithKline.
The report offers a comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections about market size. The
projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a
repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology, types, and applications.
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