The Branded Generics Market is on the cusp of a significant upswing, with a projected market value of US$747.2 million by 2033. This impressive growth, fueled by a CAGR of 8.6%, signifies a near doubling of the market size from its estimated value of US$327.8 million in 2023. Since branded generics are free from patenting, …
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Global Branded Generics Industry Set to Soar, Achieving a Remarkable 8.6% CAGR and US$ 747.2 Million by 2033 | FMI
The Global Branded Generics Industry is set to soar, with an estimated value of US$ 327.8 million in 2023. Projections indicate a remarkable growth trajectory, reaching US$ 747.2 million by 2033, boasting an impressive CAGR of 8.6%. This surge can be attributed to the expiration of patents for numerous blockbuster drugs, coupled with the increasing prevalence of …
Global Branded Generics Industry Set to Reach US$747.2 Million by 2033 with an Impressive 8.6% CAGR | FMI Reveals
The Global Branded Generics Industry is on the cusp of remarkable growth, with a projected value of US$ 327.8 million in 2023. Projections reveal an impressive growth trajectory, soaring to US$ 747.2 million by 2033, bolstered by a noteworthy Compound Annual Growth Rate (CAGR) of 8.6%. This upsurge can be attributed to the expiration of …
Branded Generics Industry Forecasted to Achieve a 8.6% CAGR, Reaching US$747.2 Million by 2033
In 2023, the dynamic world of the branded generics industry will be valued at an impressive US$327.8 million. Looking ahead, the branded generics sector is set to skyrocket to an estimated US$747.2 million by 2033, boasting a compelling CAGR of 8.6% throughout the forecast period. Branded generics represent the latest incarnations of off-patent pharmaceuticals, masterfully crafted by …