The Global High Potency Active Pharmaceutical Ingredients Market size is estimated to reach $21.41 Billion by 2026, growing at a CAGR of 9.1% over the forecast period of 2021-2026.
HPAPIs are pharmacologically active compounds with biological activity at very low concentrations, such as a daily therapeutic dosage of 10 mg or an occupational exposure limit (OEL) of 10 g/m3 at an eight-hour time-weighted average. The growing number of individuals affected by cancer is regarded as one of the most severe health risks.
The number of people infected with COVID-19 is quickly increasing, and several nations have allowed the use of high-potency antiviral medications. Remdesivir, for example, has been approved for COVID-19. The medicine is now licensed in the United States, the United Kingdom, India, Singapore, Israel, the European Union, Taiwan, and Japan to treat SARS-CoV-2.
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Key Market Players
Key Players in Global High Potency Active Pharmaceutical Ingredients Market consist of BASF SE, Corden Pharma, Dr Reddy’s Laboratories, Pfizer Inc, Sun Pharmaceuticals, Sanofi S.A, Merck & Co, Novrartis, Roche, Cipla Inc among others.
Market Dynamics
Driver:
Increasing demand for Oncology Drugs drives the market demand
High Potency Active Pharmaceutical Ingredients are particularly effective and pharmacologically active compounds. They have an exact mechanism of action and are effective even at modest daily therapeutic dosages.
High Potency Active Pharmaceutical Ingredients can target specific disease cells and are thus employed in high-potency medication formulations. HPAPIs have a lot of potential in cancer target therapy because of their target release features. The global incidence of cancer is increasing at an alarming rate.
Challenge:
Rising Evolution of Industry Standards is set to limit the market growth.
The constant growth of industry standards, technologies, and regulations is a challenge for CMOs that provide High Potency Active Pharmaceutical Ingredient production services. Companies interested in entering this market must embrace this modern technology, which entails large expenditures.
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Report Coverage and Scope
The report “Global High Potency Active Pharmaceutical Ingredients Market” by Research Informatic covers an in-depth detailed analysis for the following segments covered under the scope.
By Product
Synthetic
Biotech
By Manufacturer Types
In House
Out Sourced
By Drug Types
Innovative
Generic
By Applications
Oncology
Hormonal Disorders
Glaucoma
Others
Geography
North America
Europe
APAC
RoW
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TOC:
Chapter 1 High Potency Active Pharmaceutical Ingredients Market Overview
1.1 Product Overview and Scope of High Potency Active Pharmaceutical Ingredients
1.2 High Potency Active Pharmaceutical Ingredients Market Segmentation by Type
1.2.1 Global Production Market Share of High Potency Active Pharmaceutical Ingredients by Type in 2020
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
TOC Continued…
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