HPAPI and Cytotoxic Drug Manufacturing Market Size is Estimated to grow at a CAGR of 12.3% during the forecast period

HPAPI and Cytotoxic Drug Manufacturing Market Size is Estimated to grow at a CAGR of 12.3% during the forecast period

  • The HPAPI and cytotoxic drug manufacturing market was estimated to be worth USD 9.6 billion globally in 2022, and a compound annual growth rate (CAGR) of 12.3% is anticipated over the course of the projected period.
  • The need for cytotoxic medications, which are frequently made with HPAPIs, is being driven by the rising incidence of cancer and other chronic illnesses like autoimmune disorders. These medications increase the manufacturing and market expansion of chemotherapy and other targeted medicines.
  • Targeted treatments, especially antibody-drug conjugates, have been developed as a result of advances in biopharmaceuticals. Because these treatments call for extremely powerful substances, there is a greater need for HPAPIs in the production of extremely effective and selective medications.

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Growth Drivers

  • Specialized facilities and contamination technologies are needed for HPAPI manufacture in order to protect both the environment and human health. The market expansion for manufacturing services has been stimulated by the demand, which has led to investments in the construction and upgrade of containment facilities.
  • Numerous pharmaceutical companies are contracting with specialized contract manufacturing organizations that possess the infrastructure and knowledge necessary to handle HPAPIs and cytotoxic drugs.
  • Strict legal guidelines for the safe production and handling of HPAPIs guarantee product quality and safety, which improves business processes. The market is expanding as a result of regulatory approval for novel HPAPI-based medications, especially those used to treat cancer. The need for HPAPIs in reasonably priced generic formulations is growing as generic medicine makers enter the market as patents on HPAPI medications expire.

Segmentation

By Drug Type

·?????????Novel Drug

·?????????Generic Drug

By Application

·?????????Oncology

·?????????Respiratory

·?????????Ophthalmic Disorders

·?????????Others

By Drug Origin

·?????????Chemical Based HPAPIs

·?????????Biological Based HPAPIs

By Manufacturing Locations

·?????????In-House

·?????????Outsourcing

Regional Outlook

·?????????Asia Pacific

·?????????North America

·?????????Latin America

·?????????Middle East and Africa

·?????????Europe

Key Players

·?????????Teva Pharmaceuticals Industries

·?????????Pfizer Inc.

·?????????Lonza Group

·?????????Corden Pharma International

·?????????Piramal Enterprises Ltd.

·?????????Helsin Healthcare S.A.

·?????????Polpharma Biologics

·?????????Ajinomoto Biopharma

·?????????Cambrex Corporation

·?????????Cerbios-Pharma

·?????????CARBOGEN AMCIS Catalent Inc.

·?????????Other Players

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