The manufacturing of the complex injectable products is extremely complex and requires major investment. Since the injectables are highly toxic and infectious in nature, therefore a great level observation of quality and care is required during their manufacturing, packaging, distribution and storage.
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The global market for complex injectable is segmented on basis of application, route of administration, molecule type, distribution channel, formulation packaging, usage pattern, site of administration, end user and geography.
By application
- Cancer
- Diabetes
- Cns
- Infections
- Cardiovascular diseases
- Musculoskeletal
By route of administration
- Intravenous(iv)
- Intramuscular(im)
- Subcutaneous(sc)
By formulation packaging
- Bottles
- Vials
- Ampules
- Cartridges
By end user
- Hospitals and clinics
- Home care settings
- Online pharmacies
- Others
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Growth in the complex injectable market are mainly driven by the generic injectables. Across the globe, researchers have found that North America, Europe, and Asia Pacific are the major players which are operating in the global complex injectable market.
Market for complex injectable is primarily driven by the rising incidence of chronic diseases, increase in the demand for self-injection devices, technological advancements challenges, stability of the product when combined with other products, growth of biologics market, preference of other modes of drug delivery. Increase number of needle-stick infections is the restraint for the injectable market.
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On the basis of geography, complex injectable market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. According to the report published by CDC, North America is expected to dominate the market due to the increasing prevalence of chronic diseases.
Asia is projected to be the fastest-growing region in the complex injectable market due to the rising incidence of chronic diseases and the growing aging population.
Some of the key players in complex injectable market are Eli Lilly And Company, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Hospira, Hikma Pharmaceutical Company, Johnson & Johnson pharmaceutical company, Novo Nordisk, Abbvie.
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