TechNavio today launched its report Global Pharmaceuticals Market 2011-2015 based on an in-depth study covering the Americas and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said; ”Biologic drugs provide sufficient growth opportunities for vendors in this market as there is increasing demand for biopharmaceuticals for the treatment of various diseases. As a result, vendors in the market are investing heavily in R&D to develop novel biologic components. Additionally, it is estimated that by 2016, biologic drugs will account for a massive share of the sales of pharmaceutical products.”
According to the report, the increasing prevalence of diseases leads to the demand for various drugs used to treat them, resulting in the growth of the Global Pharmaceuticals market.
Further, the report also discusses that the patent expiry of top-selling drugs is a major challenge in this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/7Eh86
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Report – Global Pharmaceuticals Market 2011-2015
