Manufacturers can overcome price restraints by shifting their production facilities to less costly regions such as Asia. Also, due to stringent regulations and intense competition, it is also essential for companies to invest in research and development to benefit in the long run.
"Excipient suppliers in North America have focused on high-margin segments, such as coating polymers, co-processed excipients, coating systems and super disintegrants to boost their profit. However, the expensive nature of drugs and low-cost competition from emerging markets may restrict the overall drug manufacturing market in the country," added Frost & Sullivan Vice President of Chemicals, Materials and Food Growth Consulting Shomik Majumdar.
Analysis of the North American Oral Solid Drug Dosage Excipients Market is part of the Chemicals & Materials Growth Partnership Service program. Frost & Sullivan's related research services cover the Chinese pharmaceutical excipient market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
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|SOURCE Frost & Sullivan|
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