Global Small Molecule API Market is expected to reach $XX Mn by 2026 from $XX Mn in 2019, at a CAGR of 7.5% during forecast period.
Global Small Molecule API Market Overview:

Small molecule API (Active Pharmaceutical Ingredient) is an active ingredient, which is used for pharmaceutical development. It is highly used for the regulation of biological processes. API is the combination of substances that may have a direct effect on treatment, diagnosis, mitigation, and prevention of diseases.
Global Small Molecule API Market Dynamics:

Increasing rates of chronic diseases like cancer, cardiovascular and infections primarily drives the market.
The rising prevalence of chronic diseases demands the development of small molecule APIs as it possesses the characteristics of rapid diffusibility because of its small size to reach the intracellular site of action. Patents expiry of the top-selling pharmaceuticals is working as a driver for the global small molecule API market growth. Rising awareness about the advantages of small molecule API and easy access to the people for medication in emerging economies accelerates the market growth. For instance In December 2020, Pfizer Inc. and Poster announced a strategic partnership with the goal of accelerating small molecule drug discovery by developing a platform technology-based on generative chemistry.

The report has profiled major key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. Increasing RD activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed.
Global Small Molecule API Market Segment Analysis:

The Global Small Molecule API market is segmented on the basis of API Type, Application and Manufacturing Method.

Based on API Type, the synthetic/chemical API holds the largest market share. It accounted for a market share of 81% in 2019 and is likely to grow at a significant pace during the forecast period. These chemically active ingredients are produced in a laboratory or manufacturing unit, which involves a variety of process steps that must be coordinated. In March 2021, U.S. Food and Drug Administration (FDA) has accepted New Drug Application for gefapixant, an orally administered for the Molecule Type of refractory chronic cough (RCC) in adults.

Based on Application, Oncology segment accounts for the largest market share of XX% in 2019. Small APIs play a vital role in the treatment of cancer. Cancer is the second-leading cause of death around the world. With the incidence rising further, the demand for small molecule API will surge in the coming years.

Global Small Molecule API Market by API Type

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Global Small Molecule API Market Regional Insights:

North America expected to dominate the global market.

North America held the dominant share of XX% in 2019, owing to the technological advances being made in the pharmaceuticals industry. Also, increased acceptance of accelerated regulatory review of innovative medicines and ongoing research development activities contribute to the growth of the global small molecule API market.
APAC is expected to witness lucrative growth during the forecast period.

Adoption of various drugs by the large patient pool and growing healthcare and pharmaceutical industry will mainly drive the market growth. Increase in healthcare expenditure mainly by the Indian pharmaceutical companies will further accelerate the market growth.

The report also helps in understanding Global Small Molecule API Market dynamics, structure by analyzing the market segments and project the Global Small Molecule API Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Small Molecule API Market make the report investor’s guide.

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Global Small Molecule API Market, by Region:

• North America
• Europe
• South America
• MEA
• APAC
Key players operating in global Small Molecule API market:

• Aurobindo Pharma
• ALLERGAN
• Albemarle Corporation
• Cambrex Corporation
• Dr. Reddy’s Laboratories Ltd
• Siegfried Holding AG
• Johnson Matthey
• Pfizer Inc.
• Sanofi S.A.
• Novartis AG,
• Bristol-Myers Squibb,
• Boehringer Ingelheim GmbH
• GlaxoSmithKline PLC
• GILEAD Science Inc.,
• Albany Molecular Research Inc.
• AstraZeneca
• Merck Co, Inc.
• BASF SE
• Teva Pharmaceuticals
• Hoffmann-La Roche Ltd

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