Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Europe Generic Injectables Market Size

The Europe generic injectables market was valued at USD 13.5 billion in 2023, driven by the rising prevalence of chronic diseases and the increased strategic partnerships among the key market players in the region. The market is expected to grow at a CAGR of 7.90% during the forecast period of 2024-2032, with the values likely to rise from USD 14.6 billion in 2024 to USD 26.8 billion by 2032. 

 

Europe Generic Injectables Market Outlook

  • Recent data suggests that 1 out of 3 adults in the European Union are reported to be affected by a chronic health problem. As a result, the demand for affordable healthcare solutions, including treatments for chronic conditions that often require injectable drugs, is poised to rise which will directly impact the market dynamics.
  • One of the major Europe generic injectables market trends is the increased strategic partnerships among the key market players to expand market reach and address the shortage of generic injectables in hospital settings.
  • The market share is influenced by the increased initiatives and policies by the government to encourage the use of cost-effective generic medications including generic injectables.

 

Europe Generic Injectables Market Report Snapshots

Europe Generic Injectables Market Size

Europe Generic Injectables Market Analysis

Europe Generic Injectables Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market attained a value of about USD 13.5 billion in 2024 driven by the rising healthcare needs in the region.

The market is anticipated to grow at a CAGR of 7.90% during the forecast period of 2025-2034, likely to reach a market value of USD 26.8 billion by 2034. 

The growing prevalence of chronic diseases and the presence of a supportive regulatory framework are fuelling the demand for the market.

One of the significant trends in the market is the increased strategic partnerships among the key market players. In September 2023, Advanz Pharma Corp., signed an exclusive agreement with GP Pharm to commercialize its peptide specialty injectable generic developed to treat a rare disease occuring in multiple European countries.

Based on the product type, the market is segmented into large molecule injectables and small molecule injectables. Large molecule injectables are further divided into monoclonal antibodies (mAbs), insulin, others.

Container types available in the market include vials, premix, prefilled syringes, and ampoules, among others.

Major applications of generic injectables include oncology, cardiovascular, CNS, infectious diseases, and autoimmune disorders, among others.

The market breakup by route of administration includes intravenous, intramuscular, and subcutaneous, among others.

Distribution channels of the market are hospitals and retail pharmacies, among others.

The market segmentation by countries includes the United Kingdom, Germany, France, and Italy, among others. 

The key players in the market are Pfizer Inc., Teva Pharmaceutical Industries Ltd., Baxter, Novartis Pharmaceuticals Corporation, Fresenius SE & Co. KGaA, Hikma Pharmaceuticals PLC, Dr. Reddy’s Laboratories Ltd., Viatris Inc., Biocon, Sanofi, Lupin, and Aurobindo Pharma Limited.

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