Japan Generic Drugs Market : Allied Market Research

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2023

Japan Generic Drugs Market

Size, Share, Competitive Landscape and Trend Analysis Report by Product Type (Generic Prescription Medicines, Super Generics, and Biosimilars); by Application (Cardiovascular Products, Anti-Infective Drugs, Anti-Arthritis Drugs, Central Nervous System Drugs, Anti-Cancer Drugs, and Respiratory Products); and Distribution Channel (Hospitals, Pharmacies, Private Clinics, Drug Stores, and Retail Pharmacies) - Opportunities and Industry Forecasts, 2023-2030

LS : Pharmaceuticals	Report Code: A03804	Pages: NA
Tables: NA	Charts: NA	Formats*: Single User License, Five User License & Enterprise User License Data Pack Excel License It comes with the additional cost of $2500.00 contact sales.

Generic drugs are pharmaceutical drugs with similar chemical makeup of a branded drug. Generic drugs are cheaper in Japan and equivalent to branded drugs in dosage, strength, route of administration, quality, performance, and application. Generic drugs are subjected to government regulations of Japan; the Japanese Government has observed the growth of the generic drug market as imperative to Japans long-term economic health.

The major factors that contribute to the growth of the Japan generic drugs market include increasing prevalence of chronic diseases, diabetes & cardiovascular diseases, rising costs of branded medicines, growth in geriatric population, increasing healthcare expenditure, and high demand for generic medicines. However, issues such as the consistency and stability of generic drugs in Japan and lower reimbursement fees are expected to restrain the market development. Development of reliable & stable new product launch, support from the government, and adoption of mergers & acquisition strategies to launch new products by key vendors contribute to significant demand for generic drugs in the near future.

The Japan generic drugs market is segmented on the basis of product type, application, and distribution channel. On the basis of product type, the market is segmented into generic prescription medicines, super generics, and biosimilars. Based on application the market is divided into cardiovascular products, anti-infective drugs, anti-arthritis drugs, central nervous system drugs, anti-cancer drugs, respiratory products, and others. On the basis of distribution channel, the market is segmented into hospitals, pharmacies, private clinics, drug stores, retail pharmacies, and others.

The key players that operate in this market include Teva Pharmaceutical Industries Ltd., Nichi-Iko Pharmaceutical Co., Ltd., Sawai Pharmaceuticals Co., Ltd., NIPRO Medical Corporation, Meiji Seika Pharma Co., Ltd., Towa Pharmaceutical Co., Ltd., Hikari Pharmaceutical Co., Ltd., Fuji Pharma Co., Ltd., Mylan N.V., and GlaxoSmithKline Plc.

Key Benefits

The study provides an in-depth analysis of the Japan generic drugs market with current trends and future estimations to elucidate imminent investment pockets.
The report provides information about the current and upcoming trends in the Japan generic drugs market from 2016 to 2023, which helps determine prevailing opportunities.
Comprehensive analysis of factors that drive and restrict the growth of the Japan generic drugs market has been provided.
Identification of factors that are instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market have been provided.
Key market players within the market have been profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the Japan generic drugs market.

Japan Generic Drugs Market Key Segments:

By Product Type

Generic Prescription Medicines
Super Generics
Biosimilars

By Application

Cardiovascular Products
Anti-Infective Drugs
Anti-Arthritis Drugs
Central Nervous System Drugs
Anti-Cancer Drug
Respiratory Products
Others

By Distribution Channel

Hospitals
Pharmacies
Private Clinics
Drug Stores
Retail Pharmacies
Others

Japan Generic Drugs Market Report Highlights

Aspects	Details
By Product Type	Generic Prescription Medicines Super Generics Biosimilars
By Application	Cardiovascular Products Anti-Infective Drugs Anti-Arthritis Drugs Central Nervous System Drugs Anti-Cancer Drug Respiratory Products Others
By Distribution Channel	Hospitals Pharmacies Private Clinics Drug Stores Retail Pharmacies Others
By Region	North America (U.S., Canada, Mexico) Europe (France, Germany, Italy, Spain, UK, Rest of Europe) Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific) LAMEA (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)
Key Market Players	Mylan N.V., Nichi-Iko Pharmaceutical Co., Ltd., Fuji Pharma Co., Ltd., NIPRO Medical Corporation, Towa Pharmaceutical Co., Ltd., Meiji Seika Pharma Co., Ltd., Sawai Pharmaceuticals Co., Ltd., Hikari Pharmaceutical Co., Ltd., Teva Pharmaceutical Industries Ltd., GlaxoSmithKline Plc.

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Japan Generic Drugs Market

2023

Japan Generic Drugs Market

Japan Generic Drugs Market