Drug Repurposing Market
Drug Repurposing Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Drug Repurposing Market Size and Growth
The drug repurposing market research reports indicate significant growth opportunities due to market conditions such as increasing drug costs and stringent regulatory requirements. The global drug repurposing market size is estimated to reach $50 billion by 2025, driven by the need for cost-effective drug development solutions.
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Companies Covered
(Covid 19 Impact Covered)
◍ Pfizer
◍ Roche
◍ Novartis AG
◍ Abbott Healthcare
◍ Johnson & Johnson
◍ Sandoz
◍ Mylan Inc.
◍ Teva Pharmaceuticals
The drug repurposing market is highly competitive with key players such as Pfizer, Roche, Novartis AG, Abbott Healthcare, Johnson & Johnson, Sandoz, Mylan Inc., and Teva Pharmaceuticals. These companies leverage drug repurposing to expand their product portfolios and generate additional revenue. Some sales revenue figures: Pfizer - $51.75 billion, Novartis AG - $48.02 billion, Johnson & Johnson - $82.06 billion.
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Market Segmentation
By Application
Cardiovascular Disorders ◍ Central Nervous Disorders
Oncology
Others
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By Product
Intravenous
Oral
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Market Growth
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$ 37.59 Billion
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