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Generics in the United Kingdom, MarketLine

United Kingdom: Generics Industry Report

  • January 2016
  • 34 pages
  • ID: 3695676
In this report:
The UK generics market is expected to generate total revenues of $##.##bn in 2015, representing a compound annual growth rate (CAGR) of ##.##% between 2011 and 2015.
The performance of the market is forecast to decelerate, with an anticipated CAGR of ##.##% for the five-year period 2015 - 2020, which is expected to drive the market to a value of $##.##bn by the end of 2020.

Summary

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Presentation

Generics in the United Kingdom industry profile offers broad overview information containing: market size (value and volume 2011-15, and estimate to 2020). The report also offers details of the top players, including main business metrics and analysis of the competitive environment within the market. Fundamental source for important data and analysis covering the United Kingdom generics market. Contains industry size and segmentation information, textual and graphical study of business growth trends, dominant companies and macroeconomic data.

Key Findings

- For the purposes of this profile, a generic is defined as a copy of an ethical drug formerly protected by patents that have now expired. Both unbranded generics and all branded generics are included. Nevertheless, off-patent drugs that continue to be offered by the original manufacturer under the original name, and which form part of the 'generic-eligible' market, are not included.

- The UK generics market is expected to produce global revenues of $8.2bn in 2015, totalling a CAGR of 9.40 percent in the timespan 2011-2015.

- Market consumption volume is forecast to attain a total of 85.8 % of global pharma volume in 2015.

- The UK healthcare market is reliant on generics to provide cost savings, especially in new years as healthcare spending has been cut. According to the British Generic Manufacturers Association, the average cost to the NHS of a generic medicine is £3.79. Comparatively, the average cost of a branded medicine is £19.73. The reliance on cost-effective generic medicines should see the industry continue to grow.

Main elements

- Save time operating entry-level research by identifying the size, increase, and key players in the generics market in the united kingdom (UK)

- Porter's five forces analysis will help you define the competitive concentration and thus the appeal of the generics market in the united kingdom (UK)

- Dominant company profiles show details of key generics market actors' overall activities and financial performance

- Improve your presentations and pitches by apprehending the growth projections of the United Kingdom generics segment with 5 years predictions by both value and volume

- Macroeconomic indicators offer insight into general forecasts within the United Kingdom economy

Key questions & answers

- What was the size of the United Kingdom generics market worth in 2015?

- What will be the size of the United Kingdom generics market in 2020?

- What factors are influencing the force of competition in the United Kingdom generics market?

- How has the sector performed over the final five years?

- How big is the United Kingdom's generics market in relation to its regional counterparts?

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