Albany, NY -- (SBWIRE) -- 08/15/2017 -- The immense growth potential in pharmerging market has driven large multinational pharmaceutical companies to focus on these regions by pursuing organic as well as in-organic routes. To make in-roads into the new geography, the large players usually take in-organic route through strategic expansion initiatives such as acquisitions and alliances. For instance, in December 2015, AstraZeneca entered into a deal with WuXi to acquire its biologics manufacturing facilities in China to expand locally.
The global pharmerging market to grow at a CAGR of 12.88% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global pharmerging market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of pharmaceutical drugs in pharmerging markets, which are further divided into Tier I, II and III.
The market is divided into the following segments based on geography:
- Tier 1
- Tier 2
- Tier 3
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Technavio's report, Global Pharmerging Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Other prominent vendors
- Abbott Laboratories
- Alexion Pharmaceuticals
- Astellas Pharma
- Boehringer Ingelheim
- Bristol-Myers Squibb
- CSL Behring
- Daiichi Sankyo
- Dainippon Sumitomo Pharma
- Eli Lilly
- Endo Health Pharmaceuticals
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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