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Japan API Market Size, Share & Forecast to 2025

Apr 24th 2020 at 1:52 AM

Japan API market is estimated to witness a growth rate of around 7.0% during the forecast period. Robust healthcare expenditure on R&D of pharmaceutical drugs and presence of API manufacturers are augmenting the country’s market growth. Moreover, the increasing prevalence of chronic diseases such as cancer and cardiovascular diseases (CVDs) are resulting in a significant market for drug manufacturers in Japan for the treatment of such diseases. In 2018, as per World Health Organization, there were around 883 thousand cases of cancer that were registered in which 148,000 cases were of colon cancer followed by 119,000 cases of lung cancer and 115,000 cases of stomach cancer. Breast cancer and prostate cancer cases have shown rise as well.

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The Japan API market is segmented on the basis of type, type of synthesis, manufacturer type, therapeutics, and region. On the basis of type, the market is divided into a generic API and branded API. The branded API segment is estimated to be the dominant segment over the forecast period. On the basis of the type of synthesis, the market is classified into biotech API, synthetic API, and others. The synthetic API segment held the dominant position in the Japan API market in 2018. Furthermore, the market is classified on the basis of therapeutics into cardiovascular drugs, oncology drugs, neurology drugs, Non-steroidal Anti-inflammatory Drugs (NSAIDs), and others.

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Some of the prominent players that contribute significantly in the Japan API market include Teva Pharmaceutical Industries Ltd., Piramal Enterprises Ltd., Sun Pharmaceutical Industries Ltd., Aurobindo Pharma, Novartis International AG, Boehringer Ingelheim International GmbH, and others.

Market Segmentation

Japan API Market by Type

  • General API
  • Branded API

Japan API Market by Type of Synthesis

  • Biotech API
  • Synthetic API
  • Others (High Potency API)

Japan API Market by Therapeutics

  • Cardiovascular Drugs
  • Oncology Drugs
  • Neurology Drugs
  • Non-Steroidal Anti-Inflammatory Drugs (NSAIDs)
  • Others (Orthopedic Drugs)

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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.

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