Indian Pharma Industry to Witness Double-Digit Growth

Pharmaceutical has emerged as one of the leading industries in India.
Growth in the Indian pharmaceutical industry can be attributed to
several factors such as, growing middle class population, rapid
urbanization, increase in lifestyle-related diseases, and acceptance of
health insurance. India has witnessed rapid improvement in the medical
infrastructure, with more and more private players taking a giant leap
forward. Moreover, the industry is expected to witness consolidation in
coming years, which will enable the pharmaceutical companies to
diversify into extended pharmaceutical businesses through the entire
value chain. According to our research report “Booming Pharma Sector in
India”, domestic pharmaceutical industry is expected to grow at a CAGR
of 13% during FY 2011-FY 2013.



Growth will gain impetus from soaring demand for generic pharmaceuticals
that have seen open acceptance globally. Demand for generic will
inflate due to regulatory initiatives taken by the developed countries
to cut down healthcare budgets. Emerging sectors like, biogenerics and
pharma packaging will also pave the way for the pharmaceutical market to
continue its upward trend during the forecast period (FY 2010- FY
2013). Our report has studied the emerging sectors of the Indian
pharmaceuticals market.



We have done an extensive research and analysis of various segments of
the Indian pharmaceutical market. These segments include: Domestic &
Export Market, Branded & Generics Drugs, Formulations & Bulk
Drugs, etc. We have also analyzed acute segment and chronic segment. Our
report also contains information about past, present, and future
trends, with focus on entire structure, composition, and working of the
pharmaceutical market. The report extensively discusses challenges
expected to arise within and outside the pharmaceutical market.



The report also analyzes regulatory environment and distribution system
to identify strength and weaknesses of the pharmaceutical market. It has
thoroughly examined current market trends, industrial developments, and
competitive landscape to enable clients understand the market structure
and its progress in coming years. It also presents a brief overview of
the demographics and healthcare profile to adjudge the pharmaceutical
market in terms of demand, expenditure, and possible future direction.