Pharmaceutical Excipients Market - Global
Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2016 - 2024
With the pharmaceuticals market comfortably poised to reach annual revenues of
US$400 bn before the end of 2020 (according to the World Health Organization), the
demand for excipients is expected to exhibit steady growth. This report creates a
holistic perspective of the current dynamics that govern the global pharmaceutical
excipients market. How the tightening grip of regulators over the excipients used in
the market will impact manufacturers and vendors is also assessed. Analysts have
also evaluated the projected impact of disruptive drug delivery techniques on those
in the business of pharmaceutical excipients.
A pharmaceutical excipient is a substance-either natural or synthetically formulated-
that serves multiple purposes in a medicines and drugs. It is used as a bulking or
stabilizing substance, as an agent to enhance the solubility of a drug, or as an
ingredient that enhances the therapeutic effect of a drug.
There are also some excipients that may lend more value during the manufacturing
or handling process of a drug or medicine. Excipients are also used in applications
where the in-vitro integrity and stability of drugs need to be preserved. The type
and volume of excipient added to a pharmaceutical formulation depends largely on
whether the drug is to be administered orally or intravenously. Since certain
excipients may effect an undesirable chemical reaction when used alongside an
active ingredient or in a certain environment, the selection of the excipient needs to
be made carefully.
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market.html
Global Pharmaceutical Excipients Market: Drivers, Restraints and Trends
Although excipients are used in chemicals and food and beverage sector as well,
their use is very closely regulated in the pharmaceutical sector. This puts
considerable pressure on manufacturers of pharmaceutical excipients who have to
follow numerous process-related and regulatory procedures to bring their products
to the market. Besides this factor, a slight but steady decline in the investment
inflow in pharmaceutical R&D projects could act against the growth of the global
pharmaceutical excipients market.