Overview and Scope
Small molecule injectable drugs are pharmaceutical substances that are small in size and have a low molecular weight. These medications are often provided via injection, either intravenously, intramuscularly, or subcutaneously, to achieve systemic distribution throughout the body.
Sizing and Forecast
The small molecule injectable drugs market size has grown rapidly in recent years. It will grow from $195.14 billion in 2023 to $220.85 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to rising chronic diseases, aging population, government initiatives, increasing healthcare expenditure, improved manufacturing processes.
The small molecule injectable drugs market size is expected to see rapid growth in the next few years. It will grow to $355.14 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%. The growth in the forecast period can be attributed to personalized healthcare, digital health integration, supply chain optimization, real-world evidence utilization, shift towards outpatient care. Major trends in the forecast period include advancements in drug delivery systems, technological advancements, focus on research and development, innovation in injectable therapies, fast-track approvals of new drug formulation.
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Segmentation & Regional Insights
The small molecule injectable drugs market covered in this report is segmented –
1) By Drug Class: Small Molecule Antibiotics, Analgesics, Chemotherapy, Antivirals, Anticoagulant, Skeletal Muscle Relaxants, Anticonvulsants, Other Drug Class
2) By Indication: Pain Management, Oncology, Infectious Diseases, Cardiovascular Diseases, CNS Diseases, Other Indications
3) By Mode of Delivery: IV Set, Intravenous Injection, Infusion Pump, Intramuscular Injection, Subcutaneous Injection
4) By End User: Hospitals, Ambulatory Clinics, Outpatient Facility, Infusion Therapy Center, Home Care, Other End Users
North America was the largest region in the Small Molecule Injectable Drugs market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the small molecule injectable drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising chronic diseases are expected to propel the growth of the small-molecule injectable drug market going forward. Chronic diseases are conditions characterized by long-term persistence and typically slow progression. Chronic diseases are on the rise due to a combination of factors, including sedentary lifestyles, unhealthy dietary habits, tobacco use, and increasing levels of stress. These lifestyle choices contribute to the development of conditions such as obesity, diabetes, cardiovascular diseases, and certain types of cancer. Small-molecule injectable drugs play a valuable role in managing chronic diseases by offering targeted therapy, improved compliance, disease modification, combination therapy options, and opportunities for therapeutic monitoring. For instance, in September 2023, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations, there were 41 million deaths, which is 74% of those caused by non-communicable diseases (NCDs) or chronic diseases every year globally. There were 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths from diabetes. Therefore, rising chronic diseases drive the small-molecule injectable drug market.
Key Industry Players
Major companies operating in the small molecule injectable drugs market are Pfizer Inc., Johnson & Johnson Services Inc., F. Hoffmann-La Roche AG , Merck & Co. Inc., AbbVie Inc., Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca plc, Abbott Laboratories , Novartis AG, Fresenius Kabi AG, GlaxoSmithKline plc, Eli Lilly and Company, Gilead Sciences Inc., Amgen Inc., Becton Dickinson and Company, Teva Pharmaceutical Industries Ltd., Baxter International Inc., Sun Pharmaceutical Industries Ltd., Aurobindo Pharma Ltd., Dr. Reddy’s Laboratories Ltd., Cipla Limited, Hikma Pharmaceuticals plc, BioCryst Pharmaceuticals Inc., Mylan N.V.
The small molecule injectable drugs market report table of contents includes:
1. Executive Summary
2. Small Molecule Injectable Drugs Market Characteristics
3. Small Molecule Injectable Drugs Market Trends And Strategies
4. Small Molecule Injectable Drugs Market – Macro Economic Scenario
5. Global Small Molecule Injectable Drugs Market Size and Growth
…
32. Global Small Molecule Injectable Drugs Market Competitive Benchmarking
33. Global Small Molecule Injectable Drugs Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Small Molecule Injectable Drugs Market
35. Small Molecule Injectable Drugs Market Future Outlook and Potential Analysis
36. Appendix
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