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API

Overview

Active Pharmaceutical Ingredient (API) is the biologically active component of a drug product (tablet, capsule, cream, injectable) that produces the intended effects.

The path to serving patients better

Active Pharmaceutical Ingredient (API) is the biologically active component of a drug product (tablet, capsule, cream, injectable) that produces the intended effects. APIs find application in high-quality drugs that treat diseases pertaining to oncology, cardiology, the Central Nervous System and neurology, orthopaedic, pulmonology, gastroenterology, nephrology, ophthalmology, and endocrinology. APIs can potentially create a more sustainable healthcare system by introducing more innovative products.

The global API market reached approximately USD 263 billion in 2024 and is witnessing strong growth, driven by rising demand for generics and the increasing prevalence of chronic diseases. It is projected to grow at a CAGR of 7.2% between 2024 and 2029 to reach USD 373 billion by 2029.

Siddharth Mittal
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