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Surging demand for specialty drugs, alongside the prevalent use of generic medications are driving growth.
November 11, 2024
By: Charlie Sternberg
Associate Editor
According to a recent report from ResearchAndMarkets.com entitled “Active Pharmaceutical Ingredients: Global Markets,” the Active Pharmaceutical Ingredients Market was valued at $247.8 billion in 2024 and is expected to reach $347.9 billion by 2029, rising at a CAGR of 5.90%. Active Pharmaceutical Ingredients (APIs) serve as fundamental components in drug manufacturing and development within the global pharmaceutical supply chain. Drivers of Growth According to the report, t...
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