Branded Generics Market Analysis, Trends, and Scope 2024 to 2031
Branded Generics Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 258.85 Billion |
Market Size by 2031 | US$ 570.40 Billion |
Global CAGR (2023 - 2031) | 10.38% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Therapeutic Application
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Branded Generics Market News and Recent Developments
The Branded Generics market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes essential corporate publications, association data, and databases. A few of the developments in the Branded Generics market are listed below:
- Novartis’Sandoz launched a generic version of AbbVie’s Combigan, a combo eye drop used to treat elevated eye pressure in the U.S. As the most-dispensed branded combo glaucoma medication, the originator reeled in $373 million in U.S. sales in 2021. With the launch, the company is expanding its eye drug offerings. (Source: Sandoz, Company Website, April 2022)
- GSK agreed to acquire Sierra Oncology, a California-based, late-stage biopharmaceutical company focused on targeted therapies for the treatment of rare forms of cancer, for US$ 55 per share of common stock in cash, representing an approximate total equity value of US$ 1.9 billion (£1.5 billion). (Source: GlaxoSmithKline plc., Press Release, April 2022)
Branded Generics Market Report Coverage and Deliverables
The “Branded Generics Market Size and Forecast (2021–2031)” report provides a comprehensive breakdown of the market covering the areas:
- Branded Generics market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Branded Generics market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Branded Generics market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Branded Generics market
- Detailed company profiles