Albany, NY -- (SBWIRE) -- 12/15/2017 -- According to the TMR report, the top names in the global pharmerging market are currently focusing on gaining larger shares through product innovation as well as aggressive expansion strategies. Mergers and acquisitions are becoming more and more commonplace in the global pharmerging market as larger player continue to gain market share.

Analysts have pegged the global pharmerging market to expand at a highly optimistic CAGR of 11.30% within a forecast period from 2016 to 2024, owing to several drivers such as the increasing demand for pharma products overall. The market is expected to reach US$1.40 bn by the end of 2024, after being evaluated at US$552.80 mn in 2015.

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The Global Pharmerging Market is segmented on the basis of expression system, product type, and region

The global pharmerging market is divided into: by product, by economic growth levels, by distribution channel and by geography. Product type segment of pharmerging market was divided into Pharmaceuticals (Branded Prescription Drugs, Generic Drugs (Branded Generics, Unbranded Generics), and OTC Drugs) and Healthcare (Medical Devices, and Diagnostic Instruments, Others (IT and record management)). On the basis of Economic Growth Levels the market was divided as – Tier – 1, Tier – 2 and Tier – 3). On the basis of distribution channel the pharmerging market is divided as hospitals, clinics, retail pharmacies, e-commerce, and drug stores.

The market for these segments has been extensively analyzed based on their utility, effectiveness, sales, and geographic presence. Market revenue in terms of US$ Mn and market volume in terms of units for the period from 2016 to 2024 along with the compound annual growth rate (CAGR %) from 2016 to 2024 are provided for all segments, considering 2016 as the base year.

Geographically, the pharmerging market has been segmented into five regions: North America, Europe, Asia Pacific, Europe, Middle East & Africa (MEA), and Latin America. Each regional market for pharmerging market has been further categorized into major product, applications, material, and end-user segments considered within the scope of the study. Key country (U.S., Canada, Japan, Germany, France, U.K., Australia, Canada, China, Brazil, Mexico, India, etc.) market revenues have also been provided in different regional sections within the report. Market revenue in terms of US$ Mn and volume in terms of units for the period from 2014 to 2025 along with CAGR % from 2016 to 2025 are provided for all the regions and nations considering 2016 as the base year.

According to a TMR analyst, "the global pharmerging market is currently needing to rely heavily on government grants and investments in order to carry its research and development efforts to the next level. While the increasing expenditure on the healthcare industry is certainly benefitting players from the global pharmerging market, they are being catapulted into prominence through the massive interest shown by several key governments and governing bodies." Government interventions and incentivization schemes can allow players in the global pharmerging market to develop their products faster, provide them at more affordable prices, and put more focus on research and development.

However, the global pharmerging market is expected to experience some slowdown in its growth rate due to restraints such as the weakening of economies, especially from developing nations from Africa.

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Summary of Table of Content

Preface

Assumptions and Research Methodology

Executive Summary

Market Overview

Market Dynamics

Global Pharmerging Market Analysis, by Product Type

Global Pharmerging Market Analysis, by Indications

Global Pharmerging Market Analysis, by Distribution Channel

Global Pharmerging Market Analysis, by Economic Growth Levels

Global Pharmerging Market Analysis, by Region

Latin America Pharmerging Market Analysis

Asia Pacific Pharmerging Market Analysis

Europe Pharmerging Market Analysis

Middle East & Africa Pharmerging Market Analysis

Competition Landscape

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