U.S. High Potency Active Pharmaceutical Ingredients Market Size & Outlook
U.S. high potency active pharmaceutical ingredients market, 2018-2030 (US$M)
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U.S. high potency active pharmaceutical ingredients market highlights
- The U.S. high potency active pharmaceutical ingredients market generated a revenue of USD 9,374.5 million in 2023 and is expected to reach USD 13,323.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, synthetic was the largest revenue generating product in 2023.
- Biotech is the most lucrative product segment registering the fastest growth during the forecast period.
High potency active pharmaceutical ingredients market data book summary
| Market revenue in 2023 | USD 9,374.5 million |
| Market revenue in 2030 | USD 13,323.6 million |
| Growth rate | 5.2% (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 |
Other key industry trends
- In terms of revenue, U.S. accounted for 35.2% of the global high potency active pharmaceutical ingredients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. high potency active pharmaceutical ingredients market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,605.6 million by 2030.
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High Potency Active Pharmaceutical Ingredients Market Scope
High Potency Active Pharmaceutical Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. high potency active pharmaceutical ingredients market outlook
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 71.53% in 2023. Horizon Databook has segmented the U.S. high potency active pharmaceutical ingredients market based on synthetic, biotech covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. accounted for the largest market share of North America high potency active pharmaceutical ingredient. High incidence of chronic diseases, rising awareness, and availability of advanced technology are among the factors propelling the market growth in the country.
According to the U.S. Department of Commerce’s Select USA, the U.S. is the largest market for biopharmaceuticals globally. The nation accounts for a third of the global market and is the global leader in biopharmaceutical R&D. Data from Pharmaceutical Research and Manufacturers of America indicates that the U.S. conducts approximately half the R&D for pharmaceuticals.
In addition, the country also holds majority of the intellectual rights on novel medicines and new chemical entity. Thus, the U.S. accounts for a substantial share of pharmaceutical and biopharmaceutical research.
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Target buyers of U.S. high potency active pharmaceutical ingredients market databook
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Our clientele includes a mix of high potency active pharmaceutical ingredients market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. high potency active pharmaceutical ingredients market , including forecasts for subscribers. This country databook contains high-level insights into U.S. high potency active pharmaceutical ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. high potency active pharmaceutical ingredients market size, by product, 2018-2030 (US$M)
U.S. High Potency Active Pharmaceutical Ingredients Market Outlook Share, 2023 & 2030 (US$M)
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