Global Generics
Description
Global Generics
Summary
Global Generics industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Global Generics industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A generic drug is defined as a copy of an ethical (prescription) drug formerly protected by patents that have now expired. Both unbranded generics and branded generics are included in our market scope. However, off-patent drugs that continue to be offered by the original manufacturer under the original name, and which form part of the 'generic-eligible' market, are not included. Market value is evaluated at ex-factory prices. Market volume refers to the proportion of the total ethical pharmaceutical market in a country or region that is made up of generic drugs. Thus, it is a measure of the market share held by generics, rather than a direct measure of the total market volume. Regional volumes are calculated as averages of countries that comprise the region where volume data exists.
- The global generics market recorded revenues of $426.7 billion in 2024, representing a compound annual growth rate (CAGR) of 7.7% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 1.3% between 2019 and 2024, reaching a total of 72.9% of total pharma volume in 2024.
- In 2024, the revenue of the global generics market experienced an annual growth of 8.1%. The market’s growth is driven by the rising prevalence of chronic diseases such as diabetes, hypertension, and cardiovascular conditions, increasing the demand for affordable, long-term medications.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the generics market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global generics market
- Leading company profiles reveal details of key generics market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global generics market with five year forecasts by both value and volume
- What was the size of the Global generics market by value in 2024?
- What will be the size of the Global generics market in 2029?
- What factors are affecting the strength of competition in the Global generics market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's generics market?
Table of Contents
44 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. Have there been any recent developments in the market?
- 8 Company Profiles
- 8.1. Teva Pharmaceutical Industries Ltd
- 8.2. Novartis AG
- 8.3. Viatris Inc
- 8.4. Sun Pharmaceutical Industries Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global generics market value: $ million, 2019-24
- Table 2: Global generics market volume: % of total pharma volume, 2019-24
- Table 3: Global generics market geography segmentation: $ million, 2024
- Table 4: Global generics market value forecast: $ million, 2024-29
- Table 5: Global generics market volume forecast: % of total pharma volume, 2024-29
- Table 6: Teva Pharmaceutical Industries Ltd: Key Facts
- Table 7: Teva Pharmaceutical Industries Ltd: Annual Financial Ratios
- Table 8: Teva Pharmaceutical Industries Ltd: Key Employees
- Table 9: Novartis AG: Key Facts
- Table 10: Novartis AG: Annual Financial Ratios
- Table 11: Novartis AG: Key Employees
- Table 12: Viatris Inc: Key Facts
- Table 13: Viatris Inc: Annual Financial Ratios
- Table 14: Viatris Inc: Key Employees
- Table 15: Sun Pharmaceutical Industries Ltd: Key Facts
- Table 16: Sun Pharmaceutical Industries Ltd: Annual Financial Ratios
- Table 17: Sun Pharmaceutical Industries Ltd: Key Employees
- Table 18: Global Exchange Rate, 2019-24
- List of Figures
- Figure 1: Global generics market value: $ million, 2019-24
- Figure 2: Global generics market volume: % of total pharma volume, 2019-24
- Figure 3: Global generics market geography segmentation: % share, by value, 2024
- Figure 4: Global generics market value forecast: $ million, 2024-29
- Figure 5: Global generics market volume forecast: % of total pharma volume, 2024-29
- Figure 6: Forces driving competition in the global generics market, 2024
- Figure 7: Drivers of buyer power in the global generics market, 2024
- Figure 8: Drivers of supplier power in the global generics market, 2024
- Figure 9: Factors influencing the likelihood of new entrants in the global generics market, 2024
- Figure 10: Factors influencing the threat of substitutes in the global generics market, 2024
- Figure 11: Drivers of degree of rivalry in the global generics market, 2024
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