Specialty Injectable Market, By Drug Type (Small Molecule Drugs and Biologics), By Application (Oncology, Cardiovascular Diseases, Infectious Diseases, Autoimmune Disorders, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online
Specialty Injectable Market, By Drug Type (Small Molecule Drugs and Biologics), By Application (Oncology, Cardiovascular Diseases, Infectious Diseases, Autoimmune Disorders, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
Specialty injectable refers to injectable drug therapies that are administered through sites such as subcutaneous, intravenous, intramuscular, and intravitreal routes. These injectables are used across several therapeutic areas including oncology, rheumatology, cardiovascular, autoimmune, and central nervous system indications. Advancements in biologics and targeted therapies along with growing geriatric population globally have boosted demand for specialty injectables in recent years. Moreover, advent of complex drug delivery mechanisms and next-generation drug-device combination products with enhanced efficacy have led to its increased adoption rate. Several pharmaceutical companies are investing heavily in specialized drug discovery and development of biosimilars to cater to growing needs in the market.
Market Dynamics
Global specialty injectable market growth is driven by rising incidence of chronic diseases, growing geriatric population prone to various illnesses, increase in healthcare spending, and technological progressions. Furthermore, emergence of innovative biologics and adoption of gene therapy has created lucrative opportunities. However, high development costs of specialty drugs, stringent regulatory pathways, and complex Cold supply chain management pose significant challenges. The market faces threats from patent expiries of blockbuster drugs. Pharmaceutical players are focusing on widening their product pipelines through research collaborations as well as acquisitions, and this can drive the market growth over the forecast period.
Key features of the study
This report provides in-depth analysis of the global specialty injectable market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global specialty injectable market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Pfizer, Inc., Eli Lilly and Company, Teva Pharmaceutical Industries Ltd., Novartis AG, Lupin, Mylan N.V., Par Pharmaceutical, Hikma Pharmaceutical PLC, Sagent Pharmaceuticals, Inc., Biogen, Dr. Reddy's Laboratories Ltd., Amgen Inc., AstraZeneca, Sun Pharmaceutical Industries Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global specialty injectable market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global specialty injectable market
Market Segmentation
By Drug Type Insights (Revenue, USD, 2019 - 2031)
Small Molecule Drugs
Biologics
By Application Insights (Revenue, USD, 2019 - 2031)
Oncology
Cardiovascular Diseases
Infectious Diseases
Autoimmune Disorders
Others
By Distribution Channel Insights (Revenue, USD, 2019 - 2031)
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Regional Insights (Revenue, USD, 2019 - 2031)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
Pfizer, Inc.
Eli Lilly and Company
Teva Pharmaceutical Industries Ltd.
Novartis AG
Lupin
Mylan N.V.
Par Pharmaceutical
Hikma Pharmaceutical PLC
Sagent Pharmaceuticals, Inc.
Biogen
Reddy's Laboratories Ltd.
Amgen Inc.
AstraZeneca
Sun Pharmaceutical Industries Ltd.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Specialty Injectable Market, By Drug Type
Specialty Injectable Market, By Application
Specialty Injectable Market, By Distribution Channel
Specialty Injectable Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
Market Trends
4. Specialty Injectable Market, By Drug Type, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Small Molecule Drugs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Biologics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Specialty Injectable Market, By Application, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Oncology
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Cardiovascular Diseases
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Infectious Diseases
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Autoimmune Disorders
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Specialty Injectable Market, By Distribution Channel, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Hospital Pharmacies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Retail Pharmacies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Online Pharmacies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)