Global Specialty Pharmaceuticals Market Report 2022: Attractive Prospects for Biopharmaceutical Companies From Both Business and Medical Innovation Perspectives Drive Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Nov 9, 2022--

The "Global Specialty Pharmaceuticals Market (2022-2027) by Type, Route of Administration, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Specialty Pharmaceuticals Market is estimated to be USD 68.34 Bn in 2022 and is expected to reach USD 331.75 Bn by 2027, growing at a CAGR of 37.16%.

Market Dynamics

Drivers

• Increasing Demand for Specialty Drugs To Treat Complex or Serious Chronic Conditions
• Increased Reimbursement Through Medical and Pharmacy Benefits
• Attractive Prospects for Biopharmaceutical Companies From Both Business and Medical Innovation Perspectives

Restraints

• Huge Price of Products and Adverse Health Outcomes

Opportunities

• Retailers Involvements in Specialty Market and Several Chains Operate their Own Specialty Pharmacy Divisions
• Stimulated Diagnostic Research
• Growth of Enhanced Information Technologies in the Specialty Sector
• Value-Added Programs Targeting Physicians, Nurses

Challenges

• Less Focus on Development of Low-Cost Generic Equivalents of Specialty Drugs 

Market Segmentations

The Global Specialty Pharmaceuticals Market is segmented based on Type, Route of Administration, and Geography.

• By Type, the market is classified into CNS, Infectious Diseases, Women's Health, Oncology, Respiratory, and Others.
• By Route of Administration, the market is classified into Oral, Parenteral, and Transdermal.
• By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Specialty Pharmaceuticals Market. Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Specialty Pharmaceuticals Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Specialty Pharmaceuticals Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including the parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

5 Market Analysis

6 Global Specialty Pharmaceuticals Market, By Type

7 Global Specialty Pharmaceuticals Market, By Route of Administration

8 Americas' Specialty Pharmaceuticals Market

9 Europe's Specialty Pharmaceuticals Market

10 Middle East and Africa's Specialty Pharmaceuticals Market

11 APAC's Specialty Pharmaceuticals Market

12 Competitive Landscape

13 Company Profiles

14 Appendix

Companies Mentioned

• AbbVie, Inc.
• Accredo Health Group, Inc.
• Avella Specialty Pharmacy, Inc.
• Amgen Inc.
• Bristol-Myers Squibb Co.
• Endo Pharmaceuticals Inc.
• F. Hoffmann-La Roche Ltd.
• Gilead Sciences, Inc.
• Johnson & Johnson
• Kroger Specialty Pharmacy, Inc.
• Pfizer Inc.
• McKesson Corp.
• Merck & Co., Inc.
• Midatech Pharma PLC
• Novartis AG
• Sanofi S.A.
• UnitedHealth Group Inc.
• US WorldMeds, LLC
• Teva Pharmaceutical Industries Ltd.
• Viatris Inc.

For more information about this report visit https://www.researchandmarkets.com/r/mneo20

View source version on businesswire.com:https://www.businesswire.com/news/home/20221109005727/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL

SOURCE: Research and Markets

Copyright Business Wire 2022.