Originator Small Molecule Drug Market to Witness a Pronounce Growth During 2021 to 2031

According to the latest research by Fact.MR, originator small molecule drug market is set to behold a huge upsurge in demand over the assessment period of 2021-2031. Sales of small molecule drug gaining traction lately will witness steady push in short-term and optimistic growth outlook over the long run forecast period with absolute $ opportunities of more than US$ 200 Mn during same time frame. Dominance of biologics due to their efficacy over the small molecule drug to limit the opportunity, however increasing R&D expenditure to provide the momentum.

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Key Segments

By Drug Class

• Anticholinergic
• Anti-cancer
• Others

By Indication Type

• Cardiovascular
• Oncology
• Diabetes
• Immunological disorders
• Others

By Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies
• Clinics
• Others

By Region

• North America
  • US
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
•  Europe
  • Germany
  • France
  • Spain
  • UK
  • Italy
  • BENELUX
  • Russia
  • Rest of Europe
• East Asia
  • China
  • Japan
  • South Korea
• South Asia & Oceania
  • India
  • Thailand
  • Malaysia
  • Indonesia
  • Australia
  • New Zealand
  • Rest of South Asia & Oceania
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Turkey
  • Rest of Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company

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Key Manufacturers and Suppliers of Originator Small Molecule Drug

Some of the leading manufacturers and suppliers of originator small molecule drugs include

• Roche
• Genentech
• Amgen Inc.
• Boehringer Ingelheim International GmbH
• Novartis AG
• Gilead
• Bristol-Myers Squibb Company
• GlaxoSmithKline Plc.
• Others

The majority of the industry giants in the originator small molecule drug industry have held a creative product range and offer highly effective drugs. Manufacturers choose to play with organic market strategy by innovating new production technologies &some other hybrid strategies to reach a clientele and gain a competitive edge over competitors. Manufacturers are also observed to expand their capacity and geographical presence to reinforce their position.

Europe Demand to Open New Avenues

The COVID-19 crisis has had a major effect on many EU countries, leading to a decline in economic activity. Healthcare spending in the EU, as in the US and Canada, tends to fuel demand for originator small molecule drugs.

In view of challenges faced due to the novel corona virus, most European countries have maintained a sturdy healthcare expenditure in 2020. France with high healthcare expenditure to invest huge reserves in development of small molecule drugs and direct the regional market to reach greater heights creating opportunities for product manufacturers and suppliers.

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Growing Research & Development Expenditure on Healthcare to Bolster the Demand

COVID-19 hugely impacted all the markets globally and induced a slowdown recovery action in their growth. The highly contagious disease made every drug manufacturer shift their production of drug to the ones used to treat COVID-19 and other related diseases. A dip in supply of the product to treat common diseases is observed owing to the aforementioned reason resulting the market to face hurdles over a course of time.

Small molecule drug gained traction in development of drugs to treat SARS-CoV-2 and even potentially relieve cytokine storms and other related compilations over the short run and to possess the same potential of having huge growth over the years to come.

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