TMCnet News
Ethical Pharmaceuticals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020(ReleaseWire Via Acquire Media NewsEdge) Transparency Market Research includes new market research report "Positron Emission Tomography Market" to its huge collection of research reports.Albany, NY -- (ReleaseWire) -- 09/29/2014 -- Ethical pharmaceuticals or prescription drugs are those licensed drugs that are regulated by various legislations to require a written medical prescription before it can be procured. An ethical pharmaceutical product is only sold by a pharmacists when it has been approved by a written medical prescription from a registered medical practitioner. The term prescription drugs or ethical pharmaceutical is usually used to distinguish the products from over-the-counter drugs – drugs that can be obtained without a written medical prescription. However, varied jurisdictions have varied definitions of what constitutes an ethical pharmaceutical. At present, ethical pharmaceuticals, market is highly profitable as well as a risky market venture. The market is expected to be profitable owing to the upcoming patent expiries of many blockbuster drugs; and risky because of the involvement of many established and multinational companies, who have built a global recognition for their safe and effective products. Browse Full Report with TOC @ http://www.transparencymarketresearch.com/ethical-pharmaceuticals-market.html Some of the top selling therapeutic classes of ethical pharmaceuticals are as follows: Lipid regulators Narcotic analgesics ACE inhibitors Respiratory agents Diuretics Calcium antagonists Hormonal contraceptives Penicillin Vitamin and minerals In terms of geography, North America is the largest market for ethical pharmaceuticals owing to the large population base suffering from various chronic diseases and increasing number of elderly population. According to the American Cancer Society, in 2013, approximately 1,660, 290 new cases of cancer were identified and diagnosed in the U.S. Additionally, according to the Centers for Disease Control and Prevention (CDC), in 2012, 35.1% percent of adults with age over 20 years and over are obese. It is expected that in the coming years, emerging markets such as China, India, Russia, Mexico and Brazil are going to lead the market with a market share amounting to nearly one-third of the global pharmaceutical market under the influence of economic liberalization, increase in elderly population, increase in chronic diseases and huge population of China and India. One of the primary factors driving the growth of the global ethical pharmaceuticals market are increasing incidence rate of chronic diseases linked with unhealthy lifestyles and increasing geriatric population. Moreover, factors such as high demand for safe and effective treatment regimens are also driving the growth of this market. Furthermore, increasing burden of chronic medical conditions such as cancer, diabetes and high blood pressure, among the geriatric population and increased focus on retaining superior quality of life are some of the factors contributing in the growth of the ethical pharmaceuticals market. Additionally, at present the global pharmaceutical market is a multinational and complex industry, with products aimed at the improvement and maintenance of people’s health. The overall drugs market is occupied by a broad spectrum of pharmaceutical companies ranging from established multinationals to emerging generic drug companies. It has been observed that in order commercialize a drug in the market, the average expenses is more than USD 800 million to the pharmaceutical companies. However, the ethical pharmaceutical segment of the overall drug industry is under risk from many sources, mainly from the generic drug industry, which can be a restraining factor for the market. Currently, the global ethical pharmaceuticals market is a highly fragmented industry due to the involvement of many established and emerging players in the overall market. Some of the major players involved in the market are AstraZeneca plc, Bristol-Myers Squibb, Eli Lilly and Company, GlaxoSmithKline plc, Johnson & Johnson, Merck & Co., Inc., Mylan, Inc., Novartis AG, Pfizer, Inc., Sanofi S.A. and Teva Pharmaceutical Industries Ltd., amongst others. This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include North America Asia Pacific Europe Rest of the World This report provides comprehensive analysis of Market growth drivers Factors limiting market growth Current market trends Market structure Market projections for upcoming years This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. Read More Reports on Pharmaceutical Market: http://www.transparencymarketresearch.com/pharmaceutical-market-reports-1.html About Transparency Market Research Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge. Enquiry before Buying @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2907 Latest Upcoming Reports: http://www.transparencymarketresearch.com/upcoming.htm Contact Us Sheela AK Corporate Office: State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States. Tel: +1-518-618-1030 Email: [email protected] Website: http://www.transparencymarketresearch.com Browse Market Research Blogs: http://www.tmrblog.com/ http://pharmaceuticalmarket.wordpress.com/For more information on this press release visit: http://www.releasewire.com/press-releases/ethical-pharmaceuticals-market-global-industry-analysis-size-share-growth-trends-and-forecast-2014-2020-549744.htmMedia Relations ContactSheela AKAssistant ManagerTransparency Market ResearchTelephone: 518-618-1030Email: Click to Email Sheela AKWeb: http://www.transparencymarketresearch.com/ethical-pharmaceuticals-market.html |