Pharmaceuticals Market Size, Share, Future Outlook, Trends And Insights Till 2025
The Pharmaceuticals Global Market Report 2020-30 by The Business Research Company describes and explains the global pharmaceuticals market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Pharmaceuticals Global Market Opportunities And Strategies Report covers pharmaceuticals market drivers, pharmaceuticals market trends, pharmaceuticals market segments, pharmaceuticals market growth rate, pharmaceuticals market major players, and pharmaceuticals market size.
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The pharmaceuticals market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Pharmaceuticals Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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Trends in the market include:
Use Of Biomarker For Drug Development-
Pharmaceutical companies are increasingly using biomarkers in the drug development process to reduce the time taken to bring the product into the market. Biomarkers are biological indicators which are objectively measured and evaluated for biological processes, pathogenic processes or pharmacological responses to a therapeutic intervention. They are helpful to predict the drug efficacy faster than conventional clinical endpoints, the point at which an undesired or abnormal effect of the drug is observed indicating withdrawal from therapy. Companies in this market are investing in the development of biomarkers for use in various activities such as tracking drug activity, studying pharmacodynamics (relationship between the drug concentration at the site of action and the biochemical and physiological effect) of drugs and to study diseases and treatment pathways. Companies such as Genentech and Janssen are increasingly investing in the use of biomarkers for understanding the efficacy of a potential respiratory drug. For example, Janssen has partnership with U-BIOPRED (unbiased biomarkers in prediction of respiratory disease outcomes), a group in Europe that aims to understand more about severe asthma.
Demand For Personalized Medicine-
Pharmaceutical companies are offering drugs for customized individual treatment for better treatment against different diseases. Personalized medicine, also referred to as precision medicine, aims to provide medical care according to the patient’s individual characteristics, needs, preferences and genetic makeup. Precision therapies are increasingly being adopted in the respiratory drugs market as firms increasingly let go of the one-size-fits-all model for common medical conditions. Major companies such as GSK, Teva Pharmaceuticals and AstraZeneca are investing in development of personalized medicines.
The market is segmented:
By Type –
1. Pharmaceutical Drugs
By Type Of Pharmaceutical Drugs
1. Cardiovascular Drugs
2. Dermatology Drugs
3. Gastrointestinal Drugs
4. Genito-Urinary Drugs
5. Hematology Drugs
6. Anti-Infective Drugs
7. Metabolic Disorder Drugs
8. Musculoskeletal Disorder Drugs
9. Central Nervous System Drugs
10. Oncology Drugs
11. Ophthalmology Drugs
12. Respiratory Diseases Drugs
By Type Of Biologics Drugs
1. Monoclonal Antibodies (MAbS)
2. Therapeutic Proteins
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