1 / 1

Small Molecule API Market Size & Share

Small Molecule API Market

Manisha109
Télécharger la présentation

Small Molecule API Market Size & Share

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The global small molecule API market is projected to grow from $164.59 billion in 2024 to $286.03 billion by 2032, with a CAGR of 7.2%. North America leads the market with a 37.86% share in 2023. Key segments include:  Type: Branded and generic APIs  Indication: Oncology, diabetes, cardiovascular diseases  Manufacturing: Captive and merchant production Major market drivers:  Rising chronic disease prevalence driving drug demand  Strong R&D pipeline with 58% being small molecules  Growing regulatory approvals (55 drug molecules approved by FDA in 2023, 34 being small molecules)  Expansion of manufacturing capacity by key players Notable developments:  Cambrex completed phase 1 of its $30 million API facility expansion in North Carolina (September 2022)  Axplora received cGMP approval for expanded HPAPI manufacturing (October 2023)  MilliporeSigma opened a $65 million HPAPI facility focused on cancer treatments (June 2022) Leading companies include Lonza, EuroAPI, and Pfizer Inc., with operations across North America, Europe, and Asia Pacific. Footnotes Fortune Business Insights - Small Molecule API Market Size, Share & Growth Report, 2032 https://www.fortunebusinessinsights.com/small-molecule-api-market-107457

More Related