Global and United States Sterile Injectables Market Report & Forecast 2023-2028

Report ID: 1842459 | Published Date: Jan 2025 | No. of Page: 98 | Base Year: 2024 | Rating: 4.5 | Webstory: Check our Web story
1 Study Coverage
    1.1 Sterile Injectables Product Introduction
    1.2 Global Sterile Injectables Outlook 2017 VS 2022 VS 2028
        1.2.1 Global Sterile Injectables Sales in US$ Million for the Year 2017-2028
        1.2.2 Global Sterile Injectables Sales in Volume for the Year 2017-2028
    1.3 United States Sterile Injectables Outlook 2017 VS 2022 VS 2028
        1.3.1 United States Sterile Injectables Sales in US$ Million for the Year 2017-2028
        1.3.2 United States Sterile Injectables Sales in Volume for the Year 2017-2028
    1.4 Sterile Injectables Market Size, United States VS Global, 2017 VS 2022 VS 2028
        1.4.1 The Market Share of United States Sterile Injectables in Global, 2017 VS 2022 VS 2028
        1.4.2 The Growth Rate of Sterile Injectables Market Size, United States VS Global, 2017 VS 2022 VS 2028
    1.5 Sterile Injectables Market Dynamics
        1.5.1 Sterile Injectables Industry Trends
        1.5.2 Sterile Injectables Market Drivers
        1.5.3 Sterile Injectables Market Challenges
        1.5.4 Sterile Injectables Market Restraints
    1.6 Study Objectives
    1.7 Years Considered
2 Market by Type
    2.1 Sterile Injectables Market Segment by Type
        2.1.1 Large Molecules
        2.1.2 Small Molecules
    2.2 Global Sterile Injectables Market Size by Type
        2.2.1 Global Sterile Injectables Sales in Value, by Type (2017, 2022 & 2028)
        2.2.2 Global Sterile Injectables Sales in Volume, by Type (2017, 2022 & 2028)
        2.2.3 Global Sterile Injectables Average Selling Price (ASP) by Type (2017, 2022 & 2028)
    2.3 United States Sterile Injectables Market Size by Type
        2.3.1 United States Sterile Injectables Sales in Value, by Type (2017, 2022 & 2028)
        2.3.2 United States Sterile Injectables Sales in Volume, by Type (2017, 2022 & 2028)
        2.3.3 United States Sterile Injectables Average Selling Price (ASP) by Type (2017, 2022 & 2028)
3 Market by Application
    3.1 Sterile Injectables Market Segment by Application
        3.1.1 Cancer
        3.1.2 Diabetes
        3.1.3 Cardiovascular Diseases
        3.1.4 Central Nervous Systems
        3.1.5 Infectious Disorders
        3.1.6 Musculoskeletal
    3.2 Global Sterile Injectables Market Size by Application
        3.2.1 Global Sterile Injectables Sales in Value, by Application (2017, 2022 & 2028)
        3.2.2 Global Sterile Injectables Sales in Volume, by Application (2017, 2022 & 2028)
        3.3.3 Global Sterile Injectables Average Selling Price (ASP) by Application (2017, 2022 & 2028)
    3.3 United States Sterile Injectables Market Size by Application
        3.3.1 United States Sterile Injectables Sales in Value, by Application (2017, 2022 & 2028)
        3.3.2 United States Sterile Injectables Sales in Volume, by Application (2017, 2022 & 2028)
        3.3.3 United States Sterile Injectables Average Selling Price (ASP) by Application (2017, 2022 & 2028)
4 Global Sterile Injectables Competitor Landscape by Company
    4.1 Global Sterile Injectables Market Size by Company
        4.1.1 Top Global Sterile Injectables Manufacturers Ranked by Revenue (2021)
        4.1.2 Global Sterile Injectables Revenue by Manufacturer (2017-2022)
        4.1.3 Global Sterile Injectables Sales by Manufacturer (2017-2022)
        4.1.4 Global Sterile Injectables Price by Manufacturer (2017-2022)
    4.2 Global Sterile Injectables Concentration Ratio (CR)
        4.2.1 Sterile Injectables Market Concentration Ratio (CR) (2017-2022)
        4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Sterile Injectables in 2021
        4.2.3 Global Sterile Injectables Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    4.3 Global Sterile Injectables Manufacturing Base Distribution, Product Type
        4.3.1 Global Sterile Injectables Manufacturers, Headquarters and Distribution of Producing Region
        4.3.2 Manufacturers Sterile Injectables Product Type
        4.3.3 Date of International Manufacturers Enter into Sterile Injectables Market
    4.4 Manufacturers Mergers & Acquisitions, Expansion Plans
    4.5 United States Sterile Injectables Market Size by Company
        4.5.1 Top Sterile Injectables Players in United States, Ranked by Revenue (2021)
        4.5.2 United States Sterile Injectables Revenue by Players (2020, 2021 & 2022)
        4.5.3 United States Sterile Injectables Sales by Players (2020, 2021 & 2022)
5 Global Sterile Injectables Market Size by Region
    5.1 Global Sterile Injectables Market Size by Region: 2017 VS 2022 VS 2028
    5.2 Global Sterile Injectables Market Size in Volume by Region (2017-2028)
        5.2.1 Global Sterile Injectables Sales in Volume by Region: 2017-2022
        5.2.2 Global Sterile Injectables Sales in Volume Forecast by Region (2023-2028)
    5.3 Global Sterile Injectables Market Size in Value by Region (2017-2028)
        5.3.1 Global Sterile Injectables Sales in Value by Region: 2017-2022
        5.3.2 Global Sterile Injectables Sales in Value by Region: 2023-2028
6 Segment in Region Level & Country Level
    6.1 North America
        6.1.1 North America Sterile Injectables Market Size YoY Growth 2017-2028
        6.1.2 North America Sterile Injectables Market Facts & Figures by Country (2017, 2022 & 2028)
        6.1.3 U.S.
        6.1.4 Canada
    6.2 Asia-Pacific
        6.2.1 Asia-Pacific Sterile Injectables Market Size YoY Growth 2017-2028
        6.2.2 Asia-Pacific Sterile Injectables Market Facts & Figures by Region (2017, 2022 & 2028)
        6.2.3 China
        6.2.4 Japan
        6.2.5 South Korea
        6.2.6 India
        6.2.7 Australia
        6.2.8 Taiwan
        6.2.9 Indonesia
        6.2.10 Thailand
        6.2.11 Malaysia
        6.2.12 Philippines
    6.3 Europe
        6.3.1 Europe Sterile Injectables Market Size YoY Growth 2017-2028
        6.3.2 Europe Sterile Injectables Market Facts & Figures by Country (2017, 2022 & 2028)
        6.3.3 Germany
        6.3.4 France
        6.3.5 U.K.
        6.3.6 Italy
        6.3.7 Russia
    6.4 Latin America
        6.4.1 Latin America Sterile Injectables Market Size YoY Growth 2017-2028
        6.4.2 Latin America Sterile Injectables Market Facts & Figures by Country (2017, 2022 & 2028)
        6.4.3 Mexico
        6.4.4 Brazil
        6.4.5 Argentina
    6.5 Middle East and Africa
        6.5.1 Middle East and Africa Sterile Injectables Market Size YoY Growth 2017-2028
        6.5.2 Middle East and Africa Sterile Injectables Market Facts & Figures by Country (2017, 2022 & 2028)
        6.5.3 Turkey
        6.5.4 Saudi Arabia
        6.5.5 U.A.E
7 Company Profiles
    7.1 Baxter International Inc
        7.1.1 Baxter International Inc Corporation Information
        7.1.2 Baxter International Inc Description and Business Overview
        7.1.3 Baxter International Inc Sterile Injectables Sales, Revenue and Gross Margin (2017-2022)
        7.1.4 Baxter International Inc Sterile Injectables Products Offered
        7.1.5 Baxter International Inc Recent Development
    7.2 AstraZeneca plc
        7.2.1 AstraZeneca plc Corporation Information
        7.2.2 AstraZeneca plc Description and Business Overview
        7.2.3 AstraZeneca plc Sterile Injectables Sales, Revenue and Gross Margin (2017-2022)
        7.2.4 AstraZeneca plc Sterile Injectables Products Offered
        7.2.5 AstraZeneca plc Recent Development
    7.3 Merck & Co., Inc
        7.3.1 Merck & Co., Inc Corporation Information
        7.3.2 Merck & Co., Inc Description and Business Overview
        7.3.3 Merck & Co., Inc Sterile Injectables Sales, Revenue and Gross Margin (2017-2022)
        7.3.4 Merck & Co., Inc Sterile Injectables Products Offered
        7.3.5 Merck & Co., Inc Recent Development
    7.4 Novartis AG
        7.4.1 Novartis AG Corporation Information
        7.4.2 Novartis AG Description and Business Overview
        7.4.3 Novartis AG Sterile Injectables Sales, Revenue and Gross Margin (2017-2022)
        7.4.4 Novartis AG Sterile Injectables Products Offered
        7.4.5 Novartis AG Recent Development
    7.5 Johnson & Johnson Services, Inc
        7.5.1 Johnson & Johnson Services, Inc Corporation Information
        7.5.2 Johnson & Johnson Services, Inc Description and Business Overview
        7.5.3 Johnson & Johnson Services, Inc Sterile Injectables Sales, Revenue and Gross Margin (2017-2022)
        7.5.4 Johnson & Johnson Services, Inc Sterile Injectables Products Offered
        7.5.5 Johnson & Johnson Services, Inc Recent Development
8 Industry Chain and Sales Channels Analysis
    8.1 Sterile Injectables Industry Chain Analysis
    8.2 Sterile Injectables Key Raw Materials
        8.2.1 Key Raw Materials
        8.2.2 Sterile Injectables Distributors
    8.3 Sterile Injectables Production Mode & Process
    8.4 Sterile Injectables Sales and Marketing
        8.4.1 Sterile Injectables Sales Channels
        8.4.2 Sterile Injectables Distributors
    8.5 Sterile Injectables Customers
9 Research Findings and Conclusion
10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer
List of Tables
    Table 1. Sterile Injectables CAGR in Value, United States VS Global, 2017 VS 2022 VS 2028
    Table 2. Sterile Injectables Market Trends
    Table 3. Sterile Injectables Market Drivers
    Table 4. Sterile Injectables Market Challenges
    Table 5. Sterile Injectables Market Restraints
    Table 6. Global Sterile Injectables Sales by Type: 2017 VS 2022 VS 2028 (US$ Million)
    Table 7. United States Sterile Injectables Sales by Type: 2017 VS 2022 VS 2028 (US$ Million)
    Table 8. Global Sterile Injectables Sales by Application: 2017 VS 2022 VS 2028 (US$ Million)
    Table 9. United States Sterile Injectables Sales by Application: 2017 VS 2022 VS 2028 (US$ Million)
    Table 10. Top Sterile Injectables Manufacturers in Global Market, Ranking by Revenue (2021)
    Table 11. Global Sterile Injectables Revenue by Manufacturer, (US$ Million), 2017-2022
    Table 12. Global Sterile Injectables Revenue Share by Manufacturer, 2017-2022
    Table 13. Global Sterile Injectables Sales by Manufacturer, (K Units), 2017-2022
    Table 14. Global Sterile Injectables Sales Share by Manufacturer, 2017-2022
    Table 15. Global Sterile Injectables Price by Manufacturer (2017-2022) & (USD/Unit)
    Table 16. Global Sterile Injectables Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 17. Global Sterile Injectables by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Sterile Injectables as of 2021)
    Table 18. Top Players of Sterile Injectables in Global Market, Headquarters and Distribution of Producing Region
    Table 19. Manufacturers Sterile Injectables Product Type
    Table 20. Date of International Manufacturers Enter into Sterile Injectables Market
    Table 21. Manufacturers Mergers & Acquisitions, Expansion Plans
    Table 22. Top Sterile Injectables Players in United States Market, Ranking by Revenue (2021)
    Table 23. United States Sterile Injectables Revenue by Players, (US$ Million), 2020, 2021 & 2022
    Table 24. United States Sterile Injectables Revenue Share by Players, 2020, 2021 & 2022
    Table 25. United States Sterile Injectables Sales by Players, (K Units), 2020, 2021 & 2022
    Table 26. United States Sterile Injectables Sales Share by Players, 2020, 2021 & 2022
    Table 27. Global Sterile Injectables Market Size by Region (US$ Million): 2017 VS 2022 VS 2028
    Table 28. Global Sterile Injectables Sales in Volume by Region (2017-2022) & (K Units)
    Table 29. Global Sterile Injectables Sales in Volume Forecast by Region (2023-2028) & (K Units)
    Table 30. Global Sterile Injectables Sales in Value by Region (2017-2022) & (US$ Million)
    Table 31. Global Sterile Injectables Sales in Value Forecast by Region (2023-2028) & (US$ Million)
    Table 32. North America Sterile Injectables Sales in Volume by Country (2017-2028) & (K Units)
    Table 33. North America Sterile Injectables Sales in Value by Country (2017-2028) & (US$ Million)
    Table 34. Asia Pacific Sterile Injectables Sales in Volume by Region (2017-2028) & (K Units)
    Table 35. Asia Pacific Sterile Injectables Sales in Value by Region (2017-2028) & (US$ Million)
    Table 36. Europe Sterile Injectables Sales in Volume by Country (2017-2028) & (K Units)
    Table 37. Europe Sterile Injectables Sales in Value by Country (2017-2028) & (US$ Million)
    Table 38. Latin America Sterile Injectables Sales in Volume by Country (2017-2028) & (K Units)
    Table 39. Latin Americaa Sterile Injectables Sales in Value by Country (2017-2028) & (US$ Million)
    Table 40. Middle East and Africa Sterile Injectables Sales in Volume by Country (2017-2028) & (K Units)
    Table 41. Middle East and Africa Sterile Injectables Sales in Value by Country (2017-2028) & (US$ Million)
    Table 42. Baxter International Inc Corporation Information
    Table 43. Baxter International Inc Description and Business Overview
    Table 44. Baxter International Inc Sterile Injectables Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 45. Baxter International Inc Sterile Injectables Product
    Table 46. Baxter International Inc Recent Development
    Table 47. AstraZeneca plc Corporation Information
    Table 48. AstraZeneca plc Description and Business Overview
    Table 49. AstraZeneca plc Sterile Injectables Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 50. AstraZeneca plc Product
    Table 51. AstraZeneca plc Recent Development
    Table 52. Merck & Co., Inc Corporation Information
    Table 53. Merck & Co., Inc Description and Business Overview
    Table 54. Merck & Co., Inc Sterile Injectables Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 55. Merck & Co., Inc Product
    Table 56. Merck & Co., Inc Recent Development
    Table 57. Novartis AG Corporation Information
    Table 58. Novartis AG Description and Business Overview
    Table 59. Novartis AG Sterile Injectables Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 60. Novartis AG Product
    Table 61. Novartis AG Recent Development
    Table 62. Johnson & Johnson Services, Inc Corporation Information
    Table 63. Johnson & Johnson Services, Inc Description and Business Overview
    Table 64. Johnson & Johnson Services, Inc Sterile Injectables Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 65. Johnson & Johnson Services, Inc Product
    Table 66. Johnson & Johnson Services, Inc Recent Development
    Table 67. Key Raw Materials Lists
    Table 68. Raw Materials Key Suppliers Lists
    Table 69. Sterile Injectables Customers List
    Table 70. Sterile Injectables Distributors List
    Table 71. Research Programs/Design for This Report
    Table 72. Key Data Information from Secondary Sources
    Table 73. Key Data Information from Primary Sources
List of Figures
    Figure 1. Sterile Injectables Product Picture
    Figure 2. Global Sterile Injectables Revenue, (US$ Million), 2017 VS 2022 VS 2028
    Figure 3. Global Sterile Injectables Market Size 2017-2028 (US$ Million)
    Figure 4. Global Sterile Injectables Sales 2017-2028 (K Units)
    Figure 5. United States Sterile Injectables Revenue, (US$ Million), 2017 VS 2022 VS 2028
    Figure 6. United States Sterile Injectables Market Size 2017-2028 (US$ Million)
    Figure 7. United States Sterile Injectables Sales 2017-2028 (K Units)
    Figure 8. United States Sterile Injectables Market Share in Global, in Value (US$ Million) 2017-2028
    Figure 9. United States Sterile Injectables Market Share in Global, in Volume (K Units) 2017-2028
    Figure 10. Sterile Injectables Report Years Considered
    Figure 11. Product Picture of Large Molecules
    Figure 12. Product Picture of Small Molecules
    Figure 13. Global Sterile Injectables Market Share by Type in 2022 & 2028
    Figure 14. Global Sterile Injectables Sales in Value by Type (2017-2028) & (US$ Million)
    Figure 15. Global Sterile Injectables Sales Market Share in Value by Type (2017-2028)
    Figure 16. Global Sterile Injectables Sales by Type (2017-2028) & (K Units)
    Figure 17. Global Sterile Injectables Sales Market Share in Volume by Type (2017-2028)
    Figure 18. Global Sterile Injectables Price by Type (2017-2028) & (USD/Unit)
    Figure 19. United States Sterile Injectables Market Share by Type in 2022 & 2028
    Figure 20. United States Sterile Injectables Sales in Value by Type (2017-2028) & (US$ Million)
    Figure 21. United States Sterile Injectables Sales Market Share in Value by Type (2017-2028)
    Figure 22. United States Sterile Injectables Sales by Type (2017-2028) & (K Units)
    Figure 23. United States Sterile Injectables Sales Market Share in Volume by Type (2017-2028)
    Figure 24. United States Sterile Injectables Price by Type (2017-2028) & (USD/Unit)
    Figure 25. Product Picture of Cancer
    Figure 26. Product Picture of Diabetes
    Figure 27. Product Picture of Cardiovascular Diseases
    Figure 28. Product Picture of Central Nervous Systems
    Figure 29. Product Picture of Infectious Disorders
    Figure 30. Product Picture of Musculoskeletal
    Figure 31. Global Sterile Injectables Market Share by Application in 2022 & 2028
    Figure 32. Global Sterile Injectables Sales in Value by Application (2017-2028) & (US$ Million)
    Figure 33. Global Sterile Injectables Sales Market Share in Value by Application (2017-2028)
    Figure 34. Global Sterile Injectables Sales by Application (2017-2028) & (K Units)
    Figure 35. Global Sterile Injectables Sales Market Share in Volume by Application (2017-2028)
    Figure 36. Global Sterile Injectables Price by Application (2017-2028) & (USD/Unit)
    Figure 37. United States Sterile Injectables Market Share by Application in 2022 & 2028
    Figure 38. United States Sterile Injectables Sales in Value by Application (2017-2028) & (US$ Million)
    Figure 39. United States Sterile Injectables Sales Market Share in Value by Application (2017-2028)
    Figure 40. United States Sterile Injectables Sales by Application (2017-2028) & (K Units)
    Figure 41. United States Sterile Injectables Sales Market Share in Volume by Application (2017-2028)
    Figure 42. United States Sterile Injectables Price by Application (2017-2028) & (USD/Unit)
    Figure 43. North America Sterile Injectables Sales in Volume Growth Rate 2017-2028 (K Units)
    Figure 44. North America Sterile Injectables Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 45. U.S. Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 46. Canada Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 47. Europe Sterile Injectables Sales in Volume Growth Rate 2017-2028 (K Units)
    Figure 48. Europe Sterile Injectables Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 49. Germany Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 50. France Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 51. U.K. Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 52. Italy Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 53. Russia Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 54. Asia-Pacific Sterile Injectables Sales in Volume Growth Rate 2017-2028 (K Units)
    Figure 55. Asia-Pacific Sterile Injectables Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 56. China Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 57. Japan Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 58. South Korea Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 59. India Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 60. Australia Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 61. Taiwan Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 62. Indonesia Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 63. Thailand Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 64. Malaysia Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 65. Philippines Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 66. Latin America Sterile Injectables Sales in Volume Growth Rate 2017-2028 (K Units)
    Figure 67. Latin America Sterile Injectables Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 68. Mexico Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 69. Brazil Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 70. Argentina Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 71. Middle East & Africa Sterile Injectables Sales in Volume Growth Rate 2017-2028 (K Units)
    Figure 72. Middle East & Africa Sterile Injectables Sales in Value Growth Rate 2017-2028 (US$ Million)
    Figure 73. Turkey Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 74. Saudi Arabia Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 75. U.A.E Sterile Injectables Sales in Value Growth Rate (2017-2028) & (US$ Million)
    Figure 76. Sterile Injectables Value Chain
    Figure 77. Sterile Injectables Production Process
    Figure 78. Channels of Distribution
    Figure 79. Distributors Profiles
    Figure 80. Bottom-up and Top-down Approaches for This Report
    Figure 81. Data Triangulation
    Figure 82. Key Executives Interviewed
Please ask for List of Figures. Request Sample Report
Companies Included in Reports:
Baxter International Inc
AstraZeneca plc
Merck & Co., Inc
Novartis AG
Johnson & Johnson Services, Inc
Frequently Asked Questions
Sterile Injectables report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Sterile Injectables report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Sterile Injectables report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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