diseases. However, shortage of active pharmaceutical ingredients leading to unavailability of
generics in the market and increasing FDA pressure on manufacturers regarding manufacturing
quality of these drugs are hindering the market growth.
Asia Pacific to gain significant traction in the global generic drugs market owing to increasing
number of local players:
On the basis of region, the global generic drugs market is segmented into North
America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America
held a dominant position in the global generic drugs market in 2016. This is attributed
to favorable regulatory policies that are revised and amended to encourage generic drugs
business in the region. For instance, Generic Drug User Fee Amendment (GDFUA) was
reauthorized in 2017 after its initiation in 2012 by FDA for increasing consumer access
to high quality, safe, and affordable drugs. On the other hand, Asia Pacific is expected
to show a significant traction in the market over the forecast period. This is attributed
to lower manufacturing costs and high skilled workforce in the Asian countries.
According to India Brand Equity Foundation, India has the second largest number of
U.S. FDA manufacturing plants outside the U.S. that are involved in generic drugs
manufacturing. Additionally, the cost of manufacturing is 33% lower in India than that
in the U.S., increasing accessibility to generics in these countries.
Report includes chapters which deeply display the following deliverable about industry :
• Generic Drugs Market Research Objective and Assumption
• Generic Drugs Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Generic Drugs Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Generic Drugs Market, By Regions
• Generic Drugs Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Generic Drugs Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Generic Drugs Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials