1. What is the Chemxpert database?

Chemxpert database is a techno-commercial information platform developed and operated by Lifescience Intellipedia Pvt. Ltd. Our data provides valuable insights regarding sourcing, marketing, development, and regulatory functions for the entire Lifescience industry. The different industries covered by our data encompass APIs, FDFs, pharma intermediates, paints, dyes, polymers, biotechnology, biochemical, food additives, nutraceuticals, etc.

2. How can I subscribe to the Chemxpert database?

You can gain access to the Chemxpert database after subscribing to it by visiting this link: - https://chemxpert.com/pricing

3. How many countries' data is available on your portal?

The Chemxpert database covers more than 200 countries. We are working in the direction of expanding our data coverage in more countries.

4. What are the different sources you use for obtaining information?

The different sources we use for data collection are as follows: - • Primary researc • DMF, ANDA, & CEP list • Conferences, Exhibitions, & Tradeshow • Company annual reports • DMF, ANDA, & CEP list • Subject matter experts & KOL survey. Apart from these, our other valuable sources include application-wise manufacturers list, subscribed and non-subscribed databases, corporate partners, US FDA Orange book, publicly available sources, industry associates, national statistics, regulatory websites, etc. You can gain access to the Chemxpert database after subscribing to it by visiting this link: -https://chemxpert.com/sources

5. What is the expected time for account activation?

Your Chemxpert account will be activated instantly if the payment is made through our website. If you choose to use RTGS, NEFT, or IMPS systems for payment, your account will be activated within 24 hours.

Global Pharmaceutical Industry Trends in 2024

Admin
23 January 2024

Introduction

Pharmaceutical companies are the cornerstone of the global healthcare ecosystem and play an important role in improving the lives of people around the world. Given its dynamic landscape, it is important to understand the size of the pharmaceutical market, identify industry leaders, and understand the impact of pharmaceutical companies on public health. This blog aims to explore these areas and shed light on the world and the Indian pharmaceutical industry in 2024 .

Pharmaceutical Trends

In recent years, the pharmaceutical market has seen unprecedented growth, driven by factors including an aging population, increasing chronic diseases, and advances in medical research and technology. These shocking statistics show the importance of this industry and its important role in addressing global health challenges. In 2022, the global pharmaceutical market size will reach revenues of USD 1.48 trillion, with the compound annual growth rate (CAGR) from 2023 to 2030 is estimated at 6.12% (Courtesy: Grand View Research). The growth of industry reflects its important role in health care and continuous innovation.

Addressing the worldwide pharmaceutical industry, the Chemxpert Database offers valuable perspectives on market dimensions and expansion patterns. This can assist businesses in making well-informed choices about where to concentrate their resources and efforts.

Ace Global Pharmaceutical Companies

The pharmaceutical sector is dominated by few powerful companies that constantly push the limits of innovation and research. For the identification of industry leaders, the Chemxpert database offers details about the largest pharmaceutical businesses in India and around the globe. This might assist businesses in comprehending their rivals and locating possible joint venture or expansion chances. Among the major players in the market are:

Pfizer Inc.: Pfizer is an internationally recognized pharmaceutical corporation that is constantly listed among the best in the world, thanks to breakthroughs like the COVID-19 vaccine.
Johnson & Johnson: Johnson & Johnson is a diversified healthcare company that leads the industry in healthcare products, medical devices, and medicines.
Roche: Roche is a leader in the health care sector that specializes in drugs and testing, providing a substantial contribution to the development of specialized treatment.
Novartis: Novartis is an essential player around the globe pharmaceutical market with a diverse portfolio that includes generics, medicines, and eye care.

Biggest Pharmaceutical Companies in India

India is home to several top pharma company in world that are making major advancements in the global market because of its growing pharmaceutical sector. Among the biggest pharmaceutical firms in India are:

Sun Pharmaceutical Industries Ltd.: The biggest pharmaceutical firm in India, Sun Pharma focuses on formulations and active pharmaceutical ingredients (APIs).
Dr. Reddy's Laboratories: Globally recognized, Dr. Reddy's is renowned for its emphasis on pharmaceutical R&D, production, and marketing.
Cipla: Cipla is an established pharmaceutical corporation in India that is renowned both domestically and abroad.
Lupin Limited: Lupin is renowned for providing a wide range of products, comprising medications for the central nervous system, cardiovascular disease, and infections.

Role of Chemxpert Database

Understanding how pharmaceutical companies affect public health additionally calls for an understanding of the Chemxpert database. It can assist companies in making sure they are adhering to regulatory requirements and making a good impact on public health by offering clinical trial information and regulatory insights.

Conclusion

One of the main pillars of contemporary healthcare, are pharmaceutical companies, having an impact that transcends national boundaries. Recognizing the market size, identifying industry leaders, and acknowledging the role of pharmaceutical businesses in public health are crucial as we navigate through the always changing landscape. The Chemxpert database proves to be a useful resource, giving industry participants the knowledge they need to prosper in this changing climate. The convergence of pharmacological innovation and trustworthy data sources, like Chemxpert, is creating a more promising and healthy future for everybody.