Healthcare Industry Excipients Market Trends, 2020

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Excipients Market Size, Share, Growth, Industry Analysis and
Forecast to 2020 | Hexa Research
“Increasing pharmaceutical products demand and
growing global geriatric population is expected to
boost the global excipient market growth over the
next five years.”
The Global Excipients Market is propelled by surging demand for pharmaceutical products and growing
geriatric population worldwide. In 2013, the industry stood at nearly USD 3.5 billion. Use of additives in
generic formulations as well as in novel drugs is projected to fuel product demand over the forecast period
(2012 to 2020). Excipients are inactive or inert substances that act as vehicles or mediums for APIs (active
pharmaceutical ingredients). In the pharmaceutical industry, these are used as coating agents, binders,
integrants, and flavoring agents in the production of tablets and capsules.
High incidence of diseases and infections can positively impact the global ex cipients market in the years to
come. According to a recent study by the World Health Organization, the annual worth of the global
pharmaceuticals market is around USD 300 billion. Other industry drivers are implementation of strict
regulations pertaining to the safe use of drug contents and the commercialization of innovative & novel
products.
Browse Details of Report @ https://www.hexaresearch.com/research-report/excipients-industry
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