High
Potency Active Pharmaceutical Ingredient Market Growth Insight, Trends,
Leaders, Services and Future Forecast - 2031
The global
high potency active pharmaceutical ingredient (HPAPI) market is
anticipated to grow at a considerable CAGR during the forecast period (2024-2031).
The major factor driving the demand for the global high potency active
pharmaceutical ingredients (HPAPI) market during the forecast period is the
increasing demand for these drugs across the globe. The global HPAPI market is
growing especially after the COVID-19 pandemic due to which governments focus
on pharmaceutical raw materials like high potency active ingredients which
drive the growth of the market.
Get Free Sample link @
https://www.omrglobal.com/request-sample/high-potency-active-pharmaceutical-ingredients-hpapi-market
Furthermore,
targeted therapy is getting popular as compared to drugs or chemotherapy as it
does not harm non-cancerous cells. Moreover, the growth of the market is also
attributed to the increasing prevalence of cancer. According to the National
Cancer Institute (NCI), it was estimated that 1,806,590 new cases of cancer
will be diagnosed in the US with a mortality rate of 606,520 people in 2020.
Furthermore, there were 18.1 million new cases globally in 2018 which is
anticipated to rise to 29.5 million by 2040.
In
addition, investment by pharmaceutical companies in R&D activities for
expanding the HPAPI manufacturing sites and developing potent drugs will boost
the market growth. For instance, in September 2020, Merck announced $65.2
million for the expansion of its HPAPI and ADC manufacturing capabilities and
capacity at its facility near Madison, Wisconsin, US. However, special
containment facilities require significant investment, transporting, and
managing HPAPI which is extremely dangerous and costly as well as toxic to the
health of associates working in manufacturing centers. These are some factors
that act as a restriction for the growth of the global HPAPI market.
Full report of High Potency Active Pharmaceutical Ingredient (HPAPI) Market available @ https://www.omrglobal.com/industry-reports/high-potency-active-pharmaceutical-ingredients-hpapi-market
Market
Coverage
Segment
Covered-
Regions
Covered-
Competitive
Landscape- including
BASF SE, Corden Pharma International GmbH, Cambrex Corp., CARBOGEN AMCIS AG,
Dr. Reddy’s Laboratories Ltd., and Others.
Key
questions addressed by the report
o Deviation from the pre-COVID-19
forecast
o Most affected region and segment
Global
High Potency Active Pharmaceutical Ingredient (HPAPI) Market Report Segment
By
Type
By
Type of Synthesis
By
Application
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after
purchasing your report.
For
More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/high-potency-active-pharmaceutical-ingredients-hpapi-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known
for its crisp and concise reports. The company is equipped with an experienced
team of analysts and consultants. OMR offers quality syndicated research
reports, customized research reports, consulting and other research-based
services. The company also offers Digital Marketing services through its
subsidiary OMR Digital and Software development and Consulting Services through
another subsidiary Encanto Technologies.
Please complete the following requested information to flag this post and report abuse, or offensive content. Your report will be reviewed within 24 hours. We will take appropriate action as described in Findit terms of use.