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The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
Pfizer Inc.
Pfizer has a strong presence in the sterile injectables industry, with a range of offerings in generic and branded products. To expand its market presence in the generic injectables sector, it acquired a leading manufacturer of injectable drugs and infusion technologies, Hospira, in 2015.
Baxter
A global leader in generic injectables, Baxter International Inc., is actively engaged in strategic mergers and acquisition activities to bolster the development of generic injectables in various therapeutic categories.
Hikma Pharmaceuticals PLC
This British multinational pharmaceutical company is known for its non-branded generic and in-licensed products. It is a leading supplier of injectable pharmaceuticals in the Middle East and North African countries and is focusing on expanding local manufacturing operations in the region.
Dr. Reddy’s Laboratories Ltd.
Dr. Reddy's Laboratories, an Indian multinational pharmaceutical company, is a prominent player in the market. It specializes in developing generic formulations, including injectables, tablets, capsules, and topical creams across the major therapeutic areas.
Other players in the market include Viatris Inc., and Sanofi, among others.
Middle East and Africa Generic Injectables Market Size
Middle East and Africa Generic Injectables Market Analysis
Middle East and Africa 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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The market attained a value of about USD 0.9 billion in 2023 driven by the growth in local generic manufacturing capabilities in the region.
The market is anticipated to grow at a CAGR of 7.80% during the forecast period of 2024-2032, likely to reach a market value of USD 1.9 billion by 2032.
The rising investment in healthcare infrastructure and the growing healthcare needs are fuelling the demand for the market.
One of the significant trends in the market is the increase in public-private partnerships to accelerate the availability of affordable generic injectables in low-income countries. In July 2022, GSK plc announced one such strategic partnership with the Medicines Patent Pool to accelerate access to new HIV therapies in poor countries, with the introduction of its generic injectables expected by 2026.
Based on the product type, the market is segmented into large molecule injectables and small molecule injectables.
Container types available in the market include vials, premix, prefilled syringes, and ampoules, among others.
Major applications 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 Saudi Arabia, the United Arab Emirates, Nigeria, and South Africa, among others.
The key players in the market are Pfizer Inc., Baxter, Hikma Pharmaceuticals PLC, Dr. Reddy’s Laboratories Ltd., Viatris Inc., and Sanofi.
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