Drug Repurposing market report provides primary data such as primary information about the opportunities, types (Oncology, CNS Diseases, Neurodegenerative Diseases, Others) and Application (Hospitals, Ambulatory Surgical Centers, Others), and a trade report from current and historical market pioneers globally with 93 pages report.
Drug Repurposing Industryreport helps to discover the probable market for a new product to be launched and the most apt method for the distribution of certain product. A formalised and managerial approach has been taken up to do the same to understand all the above-mentioned aspects. The report also studies the trends in consumer and supply chain dynamics that helps in building up production strategies for Drug Repurposing market. An international Drug Repurposing market research report is one of the best and comprehensive market research reports which underline the challenges, market structures, opportunities, driving forces, emerging trends, and competitive landscape of Drug Repurposing Industry.
Key players covered in the global Drug Repurposing market:
- Astellas Pharma
- Biovista
- Novartis
- AbbVie
- Pfizer
- Allergan
- NuMedii
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On the basis of Types, the Drug Repurposing market can primarily split into:
- Oncology
- CNS Diseases
- Neurodegenerative Diseases
- Others
On the basis of Applications, the Drug Repurposing market covers:
- Hospitals
- Ambulatory Surgical Centers
- Others
With Drug Repurposing market documents, businesses can get details about market drivers and market restraints which help them to take presumption about reducing or growing the production of particular product. When globalization is growing day by day, many businesses call for global market research consisting of actionable market insights that support decision making. This global Drug Repurposing industry report analyses chief factors of the market which provides precise data and information for the business growth. To implement Drug Repurposing market research study, competent and advanced tools and techniques viz SWOT analysis and Porter’s Five Forces Analysis have been employed.
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Drug repurposing or re-profiling has been the hallmark to bring strong business growth and the trend is being followed by majority of the pharmaceutical and biopharmaceutical companies. Among all biologics approved in the U.S. during 2007-2009, 30-40% of them were the drugs repurposed or repositioned. National Institute of Health (NIH), U.S. Department of Health defines drug repurposing as discovering new uses for approved drugs to provide the quickest possible transition from bench to bedside. Drug repurposing opens up various opportunities to answer current unmet medical needs to come up with cost-effective solutions to expensive drug development process. Repurposing or re-profiling of drugs which are suspended due to lack of efficacy or specificity can be a good start over for further development for new indication. Finding new indications for already studied drugs can benefit patients by getting quick access to new treatment choices and also to developer by saving time and money while maintaining its original IP protection. For many expensive indications such as cancer, scrutinizing for anti-cancer activity among dozens of off-patent drugs that have already established their safety is a powerful method opted by majority of the big pharma companies. However, repurposing is not a new strategy and there are bunch of drugs which are repositioned or repurposed, some of them are Raloxifene (approved for treatment of osteoporosis in 2007, originally indicated for cancer treatment), Thalidomide (repositioned for use in treatment of leprosy and multiple myeloma in 2006), Rapamycin (repurposed in 1999 for prevention of organ transplant rejection), Sildenafil and many others.
Requirement of low investment of time and money in the drug development is the prime advantage of drug repurposing and majority of the drugs in pipeline of major pharmaceutical companies are thus adopt this method. Some of the factors accelerating the drug repurposing activities include sunk research cost, ready availably of bioavailability, pharmacology, toxicity profile and pharmacokinetics data, well established manufacturing protocol etc.; which are expected to drive the global drug repurposing market. There are thousands of failed molecules shelved into the drug libraries, which hold vast potential to reposition. Whereas, limited access chemical structure data of drug molecules, lack of funding etc. are some of the factors limiting the growth of global drug repurposing market.
Market Analysis and Insights: Global Drug Repurposing Market
The global Drug Repurposing market size is projected to reach USD 25330 million by 2026, from USD 24560 million in 2020, at a CAGR of 2.9%% during 2021-2026.
Global Drug Repurposing Scope and Market Size
Drug Repurposing market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Drug Repurposing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Key Reasons to Buy this Report:
- Access to up to date statistics compiled by our own researchers. These provide you with historical and forecast data, which is analysed to tell you why your market is set to change
- This enables you to anticipate Drug Repurposing market changes in order to remain ahead of your competitors
- You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentation or other strategic documents
- The concise analysis, clear graph and table format will enable you to pin point the information your require quickly
- Provision of Drug Repurposing market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major Drug Repurposing market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape and strategies of key players
• Potential and niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Drug Repurposing Market
• Overview of the regional outlook of the Drug Repurposing Market
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Main Points from Table of Contents:
1 Study Coverage
1.1 Drug Repurposing Product Introduction
1.2 Market by Type
1.3 Market by Application
1.4 Study Objectives
1.5 Years Considered
2 Global Drug Repurposing Production
2.1 Global Drug Repurposing Production Capacity (2017-2026)
2.2 Global Drug Repurposing Production by Region: 2022 VS 2026
2.3 Global Drug Repurposing Production by Region
3 Global Drug Repurposing Sales in Volume and Value Estimates and Forecasts
3.1 Global Drug Repurposing Sales Estimates and Forecasts 2017-2026
3.2 Global Drug Repurposing Revenue Estimates and Forecasts 2017-2026
3.3 Global Drug Repurposing Revenue by Region: 2017 VS 2022 VS 2026
3.4 Global Drug Repurposing Sales by Region
3.5 Global Drug Repurposing Revenue by Region
4 Competition by Manufactures
4.1 Global Drug Repurposing Production Capacity by Manufacturers
4.2 Global Sales by Manufacturers
4.2.1 Global Sales by Manufacturers (2017-2022)
4.2.2 Global Sales Market Share by Manufacturers (2017-2022)
4.2.3 Global Top 10 and Top 5 Largest Manufacturers of Drug Repurposing in 2022
4.3 Global Drug Repurposing Revenue by Manufacturers
4.4 Global Drug Repurposing Sales Price by Manufacturers
4.5 Analysis of Competitive Landscape
4.6 Mergers and Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Drug Repurposing Sales by Type
5.1.1 Global Historical Sales by Type (2017-2022)
5.1.2 Global Forecasted Sales by Type (2023-2026)
5.1.3 Global Sales Market Share by Type (2017-2026)
5.2 Global Drug Repurposing Revenue by Type
5.2.1 Global Historical Revenue by Type (2017-2022)
5.2.2 Global Forecasted Revenue by Type (2023-2026)
5.2.3 Global Revenue Market Share by Type (2017-2026)
5.3 Global Drug Repurposing Price by Type
5.3.1 Global Price by Type (2017-2022)
5.3.2 Global Price Forecast by Type (2023-2026)
6 Market Size by Application
6.1 Global Drug Repurposing Sales by Application
6.1.1 Global Historical Sales by Application (2017-2022)
6.1.2 Global Forecasted Sales by Application (2023-2026)
6.1.3 Global Sales Market Share by Application (2017-2026)
6.2 Global Revenue by Application
6.2.1 Global Historical Revenue by Application (2017-2022)
6.2.2 Global Forecasted Revenue by Application (2023-2026)
6.2.3 Global Revenue Market Share by Application (2017-2026)
6.3 Global Drug Repurposing Price by Application
6.3.1 Global Price by Application (2017-2022)
6.3.2 Global Price Forecast by Application (2023-2026)
7 North America
7.1 North America Market Size by Type
7.2 North America Drug Repurposing Market Size by Application
7.3 North America Drug Repurposing Sales by Country
8 Europe
8.1 Europe Drug Repurposing Market Size by Type
8.2 Europe Market Size by Application
8.3 Europe Sales by Country
9 Asia Pacific
9.1 Asia Pacific Drug Repurposing Market Size by Type
9.2 Asia Pacific Market Size by Application
9.3 Asia Pacific Sales by Region
10 Latin America
10.1 Latin America Drug Repurposing Market Size by Type
10.2 Latin America Market Size by Application
10.3 Latin America Sales by Country
11 Middle East and Africa
11.1 Middle East and Africa Drug Repurposing Market Size by Type
11.2 Middle East and Africa Market Size by Application
11.3 Middle East and Africa Sales by Country
12 Corporate Profiles
12.1 Company A
12.1.1 Corporation Information
12.1.2 Overview
12.1.3 Sales, Price, Revenue and Gross Margin (2017-2022)
12.1.4 Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Recent Developments
12.2 Company B
12.2.1 Corporation Information
12.2.2 Overview
12.2.3 Sales, Price, Revenue and Gross Margin (2017-2022)
12.2.4 Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Drug Repurposing Industry Chain Analysis
13.2 Key Raw Materials
13.3 Production Mode and Process
13.4 Sales and Marketing
13.5 Drug Repurposing Customers
14 Market Drivers, Opportunities, Challenges and Risks Factors Analysis
14.1 Drug Repurposing Industry Trends
14.2 Market Drivers
14.3 Market Challenges
14.4 Market Restraints
15 Key Finding in the Global Drug Repurposing Study
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To view the original version on The Express Wire visit Drug Repurposing Market Size Business Expansion Strategies, Growth, Trends | Global Industry Outlook to 2028 | 93 Report Pages
