Ibuprofen API Market is poised to value over USD 8 billion by 2028 end at a CAGR of over 3% during the forecast period 2021 to 2028.

There has been significant progress in the pharmaceutical industry for developing novel drugs with efficiency. These innovations have eased the burden off healthcare professionals and patients in streamlining the drug manufacturing and decreasing development cost. Furthermore, the rising prevalence of arthritis around the world has boosted the ibuprofen API market growth. Ibuprofen is administered to a patient with a high dosage only if the patient is diagnosed with inflammatory arthritis or rheumatoid arthritis. With doses of over 1100 mg per day, the effect of ibuprofen is like the effect of aspirin in treating rheumatoid arthritis. Contract manufacturing organizations are realigning their strategies with the changing pharmaceutical industry. Many key players are dependant on CMOs in supply chain management of these companies and these are now normal proceedings. 

Market Segmentation:

By Product
•    Rx
•    OTC

By Application
•    Headache
•    Arthritis 
•    Others     

By End User
•    CROs and CMOs   
•    Biopharmaceutical and Pharmaceutical Companies
•    Others

By Region
•    North America
•    Europe
•    Asia-Pacific
•    Latin America
•    Middle East and Africa

The market is fragmented into application, end user and region. The application segment is categorised into headache, arthritis and others. The arthritis segment is predicted to hold the largest ibuprofen API market share owing to the rising incidence of arthritis around the world. Furthermore, the advancements in arthritis treatment technologies like bioinformatics, high throughput, combinational chemistry for identifying better drug candidates. The end user segment is bifurcated into CRO and CMOs, biopharmaceutical and pharmaceutical companies and others. The CROs and CMOs segment is anticipated to lead the market during the forecast period owing to their increased demand from pharmaceutical companies.

Regional Analysis:

The Asia Pacific region is predicted to experience substantial growth during the forecasted timeframe, and this can be attributed to the rising healthcare infrastructure. In addition, the low manufacturing cost in countries like India and China have led in the rise of production facilities, thereby attracting many biopharmaceutical and pharmaceutical companies to this region. Furthermore, a rising geriatric population in countries like Japan and China has increased the occurrence of arthritis in these countries. For instance, as per the Institute for Health Metrics and Evaluation, the number of rheumatoid patients has increased from 180,000 in 2007 to over 260,000 in 2017 in India. 

Competitive Landscape:                            

Some of the key market players are BASF SE, BIOCAUSE Inc., IOL Chemicals And Pharmaceuticals Limited, SI Group, Inc., Sino-US Zibo Xinhua-Perrigo Pharmaceutical Co. Ltd., Solara Active Pharma Sciences Limited.

FutureWise Key Takeaways:

•    Growth prospects
•    SWOT analysis 
•    Key market trends 
•    Key data-points affecting market growth

Objectives of the Study:

•    To provide with an exhaustive analysis on the global ibuprofen API market by product, by application, by end user and by region
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
•    To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions 

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•    The customization Mobility Care offered are free of charge with purchase of any license of the report
•    You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com


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