Sterile Active Pharmaceutical Ingredients Market Expected to Rise Steadily throughout 2019 to 2029
Verfasser: ashwani_kailiya on Tuesday, 5 May 2020Invigorated by heightening demand for injectable drugs, global sterile active pharmaceutical ingredients (APIs) market is poised for robust growth at 5.3% CAGR over 2019-2029. The revenues are projected to expand 2X by 2029 end. Moreover, rapid globalization, prevalent chronic diseases, and ageing population are some of the key drivers of sterile APIs market growth, as suggested by a new report published by Fact.MR.
“Prominent companies in sterile APIs market are targeting Europe and North America through new launches and strategic collaborations. Moreover, developing nations such as India have gained a stronghold in market owing to the presence of major drug manufacturers. Low production costs further assist market growth in such economies,” says Fact.MR.
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Sterile Active Pharmaceutical Ingredients Market: Key Takeaways