Global Generic Drug Market Size, Share, Demand by Region, Growth, Revenue Status & Forecast by 2023

by Rahul Rastogi Market Research Analyst

IMARC group has recently broadcasted a new study to its broad research portfolio, which is titled as “Generic Drugs Market: Global Industry Trends, Manufacturing Process, Share, Size, Growth, Opportunity and Forecast 2018-2023” provides an in-depth analysis of the global generic drug market forecast with the market size and growth. The report studies the casing heads market worldwide, especially in United States, China, Brazil, Germany, France, India, United Kingdom, Japan, Canada and Italy with production, size, growth, revenue, consumption, import and export in these regions.

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The global generic drugs market was worth around US$ 315 Billion in 2017, exhibiting a CAGR of 6.7% during 2010-2017. The market is further projected to reach a value of US$ 474 Billion by 2023, at a CAGR of 6.8% during 2018-2023. Generic drugs are bioequivalents of brand-name drugs in terms of strength, quality, dosage, form, effect, side effect, intended use and route of administration. Generally, pharmaceutical companies spend a huge amount of money on the marketing of innovator drugs as they have to educate both the physicians and authorities on the efficacy and safety profile of the new drug. As generics do not require such extensive marketing to establish their safety and efficacy, they offer higher profit margins to the manufacturers.

Table of Content:

1 Preface

2 Research Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Generic Drug Industry

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Country

5.4 Market Breakup by Therapy Area

5.5 Market Breakup by Drug Delivery

5.6 Market Breakup by Distribution Channel

5.7 Market Forecast

5.8 SWOT Analysis

5.8.1 Strengths

5.8.2 Weaknesses

5.8.3 Opportunities

5.8.4 Threats

5.9 Value Chain Analysis

5.9.1 Research and Development

5.9.2 Manufacturing

5.9.3 Marketing and Distribution

5.10 Porter’s Five Forces Analysis

5.10.1 Overview

5.10.2 Bargaining Power of Buyers

5.10.3 Bargaining Power of Suppliers

5.10.4 Degree of Competition

5.10.5 Threat of New Entrants

5.10.6 Threat of Substitutes

5.11 Regulations in the Generic Industry

5.12 Key Market Drivers and Success Factors

… List of Figure

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