The Business Research Company’s latest report COVID19 Drug Associated APIs Global Market Report 2020 covers COVID19 Drug Associated APIs market drivers, COVID19 Drug Associated APIs market trends, COVID19 Drug Associated APIs market segments, COVID19 Drug Associated APIs market growth rate, COVID19 Drug Associated APIs market major players, and COVID19 Drug Associated APIs market size. The report provides in-depth analysis of the impact of COVID-19 on the COVID19 Drug Associated APIs industry, along with revised market numbers due to the effects of the coronavirus.
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COVID19 Drug Associated APIs Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global COVID-19 associated API market is expected to grow from $4.07 billion in 2019 to $5.11 billion by the end of 2020 at a compound annual growth rate (CAGR) of 25.6%. The growth is mainly attributed to the COVID-19 outbreak and the urgent need to treat the growing number of cases. However, with the COVID-19 cases continuously increasing, restrictive containment measures involving social distancing are enforcing the closure of industries and other commercial activities. This has an impact on all stages from production to international trade attributing to transportation and supply chain disruptions. The market is expected to reach $6.02 billion in 2023 at a CAGR of 5.6%.
The report covers the COVID19 Drug Associated APIs market’s segments-
1) By Drug Class: Antimalarials, Bronchodilators, Antibiotics, Antivirals, Others.
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