Europe Small Molecule API Market is projected to grow at a CAGR of 6.8 % and is expected to reach US$ 71329.5 million by 2027. In Europe Small Molecule API Market, Germany accounted for the largest market share in 2015.
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Europe Small Molecule API is one of the fastest growing industry. API`s are active chemical ingredients which produce a desired effect on the body. The Europe small molecule API market comprises of re4gions namely Germany, France, UK, Italy, Spain and Rest of Europe. Europe is encouraging the manufacturing of generic drugs leading to the growth of this market. It has also encouraged the establishment of local pharmaceutical industry. France, Germany and UK have fixed budget spending plans in order to overcome economic crisis in the country. Germany is the largest market for API in Europe followed by France and UK. UK is the fastest growing region in this market. The market is also segmented by type including Synthetic/ chemical API`s and biological API`s. Synthetic API accounts for the largest market share in Europe. Biological API is the fastest growing market in this region.
According to application the market in Europe is segmented into cardiovascular, Oncology, Immunological disorders and others. Cardiovascular is the largest segment in this market by application and Oncology is the fastest growing segment.
According to manufacturing method, small molecule API market in segmented into In-house and contract manufacturing. In-house manufacturing segment is the largest market. Contract manufacturing is the fastest growing segment in Europe.
Europe Small Molecule API market statistical report published by Market Research future contains a brief overview of Europe Small Molecule API market. By manufacturing method, the market is segmented as In-house and Contract manufacturing. Germany commands the largest share and is expected to grow continuously during the forecasted period of 2014-2027. The report analyzed the Europe Small Molecule API market and presents systematic data of market share on the basis of segments and countries, and its growth rate for 2014 to 2017, along with forecast till 2027.
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Market Research future through this report aims to provide understanding of the Europe Small Molecule API market on the basis of segments & countries, and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of Europe Small Molecule API market.
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