High Potency Active Pharmaceutical Ingredients Market expected to expand at a CAGR of 8.4% from 2021 to 2028
High Potency Active Pharmaceutical Ingredients Industry Overview The global high potency active pharmaceutical ingredients market size is expected to reach USD 38.84 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.4% from 2021 to 2028. The market is driven by an increased focus on targeted therapies and a surge in demand for cancer therapies. High Potency Active Pharmaceutical Ingredients Market Segmentation Grand View Research has segmented the global high potency active pharmaceutical ingredients market on the basis of product, manufacturer type, drug type, application, and region: Based on the Product Insights, the market is segmented into Synthetic and Biotech. The synthetic segment accounted for the largest revenue share of over 70.0% in 2020 as these molecules are effective in the treatment of a wide range of diseases at very small dosages. Many synthetic molecules are also expected to go off ...