Pharmaceutical Excipients Market

Posted by ahila on April 27th, 2018

Pharmaceutical excipients are combined with active pharmaceutical ingredients to produce the final dosage form of the drugs. The excipients provide bulkiness to formulation, facilitates absorption of the drug, provides stability and prevent from the drugs from denaturation. Pharmaceutical excipients are cost effective, stable, feasible for handling, and inert in the nature. The major advantages of using excipients are improving property of wetting, increase bulkiness of drug, provides stability, and improves the organoleptic properties of the drug. Excipients are used in a different medicinal products like capsules, tablets, oral liquids, inhalers, implants and injections among others.

Global pharmaceutical excipients market is driven by increase in demand for oral drugs. Factors such as patient compliance and ease in consumption forcing drug manufactures in developing a sustained release dosage formulations which contributes to the extension of shelf life of the oral drugs that adds to the high revenue anticipation of pharmaceutical excipients. However, lack of standard quality policies and regulations for excipients and safety evaluation is expected to hamper the growth of the market over the forecast period.

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The Pharmaceutical Excipient Market has been segmented by product, function, end-user, and geography.

On the basis of product, pharmaceutical excipient market is segmented as:

  • Inorganic Chemicals

o    Calcium Phosphates

o    Calcium Carbonate

o    Calcium Sulphate

o    Halides

o    Metallic Oxides

  • Organic Chemicals

o    Carbohydrates

o    Sugar

o    Starch

o    Cellulose

  • Petrochemicals

o    Glycols (alcohol)

o    Povidones polymers

o    Mineral Hydrocarbons

o    Oleochemicals

o    Gelatin (Proteins)

On the basis of function, pharmaceutical excipient market is segmented as:

  • Fillers and diluents
  • Coatings
  • Binders
  • Disintegrants
  • Flavouring agents
  • Colorants
  • Others

On the basis of dosage form, pharmaceutical excipient market is segmented as:

  • Tablets
  • Capsules
  • Liquids
  • Injections
  • Others

On the basis of the end-user, pharmaceutical excipient market is segmented as:

  • Biotech Companies
  • Pharmaceutical companies
  • Research institutes
  • Others

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