Europe Generic Injectables Market Report by Therapeutic Area (Oncology, Anaesthesia, Anti-infectives, Parenteral Nutrition, Cardiovascular), Container (Vials, Ampoules, Premix, Prefilled Syringes), Distribution Channel (Hospitals, Retail Pharmacy), and Country 2024-2032
The Europe generic injectables market size reached US$ 20.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 41.8 Billion by 2032, exhibiting a growth rate (CAGR) of 7.77% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 20.9 Billion
Market Forecast in 2032
US$ 41.8 Billion
Market Growth Rate (2024-2032)
7.77%
Generic injectables refer to alternative drugs that are equivalent to their branded counterparts in terms of the dosage, quality, strength, performance, and intended use. Generic injectables are beneficial in treating various life-threatening and chronic diseases, such as cancer, diabetes, rheumatoid arthritis, cardiovascular ailments, and respiratory infections. They aim to maximize patient compliance and reduce the frequency of administered dosage, thereby maintaining the effectiveness of the treatment.
The increasing prevalence of chronic diseases across Europe represents the key factor driving the market growth. In line with this, intravenous (IV) and intramuscular (IM) routes of drug administration are gaining widespread preference in the healthcare sector for fast drug delivery and for treating patients that are incapable of taking oral doses of medication. This is contributing to the market growth in the region significantly. Additionally, generic injectables are cost-effective as compared to branded drugs, which is acting as another growth-inducing factor. Apart from this, the increasing shortage of medicines and expiry of patents of branded items, are further creating a positive outlook for the market in Europe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Europe generic injectables market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on therapeutic area, container, and distribution channel.
Breakup by Therapeutic Area:
Oncology
Anaesthesia
Anti-infectives
Parenteral Nutrition
Cardiovascular
Breakup by Container:
Vials
Ampoules
Premix
Prefilled Syringes
Breakup by Distribution Channel:
Hospitals
Retail Pharmacy
Breakup by Country:
Germany
France
United Kingdom
Italy
Spain
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Billion
Segment Coverage
Therapeutic Area, Container, Distribution Channel, Country
Countries Covered
Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The Europe generic injectables market was valued at US$ 20.9 Billion in 2023.
We expect the Europe generic injectables market to exhibit a CAGR of 7.77% during 2024-2032.
The rising prevalence of various chronic diseases, such as cancer, diabetes, osteoporosis, rheumatoid arthritis, etc., along with the increasing adoption of generic injectables, as they are cost-effective and offer enhanced patient outcomes, is primarily driving the Europe generic injectables market.
The sudden outbreak of the COVID-19 pandemic has led to the growing demand for generic injectables across several European nations, owing to the introduction of self-injection devices to reduce the risk of the coronavirus infection upon hospital visits or interaction with healthcare professionals.
Based on the therapeutic area, the Europe generic injectables market can be divided into oncology, anesthesia, anti-infectives, parenteral nutrition, and cardiovascular. Among these, oncology currently holds the majority of the total market share.
Based on the container, the Europe generic injectables market has been segmented into vials, ampoules, premix, and prefilled syringes, where vials exhibit a clear dominance in the market.
Based on the distribution channel, the Europe generic injectables market can be segregated into hospitals and retail pharmacy. Currently, hospitals account for the largest market share.
On a regional level, the market has been classified into Germany, France, United Kingdom, Italy, Spain, and others, where Germany currently dominates the Europe generic injectables market.
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