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Generics in Japan
Generics in Japan industry profile provides topline qualitative and quantitative summary information including: market size value and volume 201418, and forecast to 2023. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
For the purposes of this profile, a generic drug is defined as a copy of an ethical prescription drug formerly protected by patents that have now expired. Both unbranded generics and all branded generics are included. However, offpatent drugs that continue to be offered by the original manufacturer under the original name, and which form part of the 'genericeligible' market, are not included.
The Japanese generics market had total revenues of $27.3bn in 2018, representing a compound annual growth rate CAGR of 8.1% between 2014 and 2018.
Market consumption volume increased with a CAGR of 7.8% between 2014 and 2018, to reach 74% of total pharma volume.
The Japanese generics market is a priority for the Japanese government. Due to an aging population and the rising cost of branded drugs, healthcare policies to cut expenditure on medical costs have been implemented.
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Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the generics market in Japan
Leading company profiles reveal details of key generics market players' global operations and financial performance
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What was the size of the Japan generics market by value in 2018?
What will be the size of the Japan generics market in 2023?
What factors are affecting the strength of competition in the Japan generics market?
How has the market performed over the last five years?
How large is Japan's generics market in relation to its regional counterparts?
Original Article: Generics in Japan [Published by Marketline] Prices from USD $298NEXT ARTICLE
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