Market revenue in 2023 | USD 273.5 million |
Market revenue in 2030 | USD 560.9 million |
Growth rate | 10.8% (CAGR from 2023 to 2030) |
Largest segment | Synthetic |
Fastest growing segment | Biotech |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Synthetic, Biotech |
Key market players worldwide | Basf SE, CordenPharma, Bristol-Myers Squibb Co, Pfizer Inc, Boehringer Ingelheim Pharma, Dr. Reddy’s Laboratories, Sun Pharmaceutical Industries, Albany Molecular Research, Sanofi SA, Lonza Group Ltd, Cipla Ltd DR, Merck & Co Inc, Teva Pharmaceutical Industries Ltd, Novartis AG ADR, Roche Holding AG |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to high potency active pharmaceutical ingredients market will help companies and investors design strategic landscapes.
Synthetic was the largest segment with a revenue share of 71.52% in 2023. Horizon Databook has segmented the Switzerland high potency active pharmaceutical ingredients market based on synthetic, biotech covering the revenue growth of each sub-segment from 2018 to 2030.
Switzerland has a centralized and universal healthcare system, which is regulated by Swiss Federal Law. It has one of the best healthcare systems in the world owing to mandatory private insurance by the government. Switzerland has the highest rate of melanoma in the entire European region.
There are over 56,506 new cancer cases annually, which is expected to boost the demand for high potency oncology medications. Key players such as F. Hoffmann-La Roche AG, Lonza Group, and Novartis AG are based in Switzerland.
In 2019, Cerbios-Pharma SA announced that it is investing USD 5.5 million in its large-scale production line for HPAPI owing to the rising demand for HPAPI. Increasing investments along with growing demand for HPAPI are among factors anticipated to fuel the growth of the market.
Horizon Databook provides a detailed overview of country-level data and insights on the Switzerland high potency active pharmaceutical ingredients market , including forecasts for subscribers. This country databook contains high-level insights into Switzerland high potency active pharmaceutical ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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