The Indian Pharma Market is estimated to be ~18.5 Bn USD and has the potential to grow to ~USD 80-90 Bn USD in the next 10 years. India is ranked as 10th in value and will soon be 4th, is ranked 3rd in Volume and will soon be 2nd.
Pharma, a well-established industry in India, combined with rising personal incomes and government healthcare outlays, is predicted to lead to annual average growth of around 16-17 per cent in the near future. Efforts to improve medical infrastructure, rising health pandemics, growing health insurance penetration and investments in research & development are amongst factors that will result in this growth.
Traditionally, the Indian pharmaceutical industry has focused primarily on generics as a business model, enjoying a leading position in the global generic pharmaceutical space, accounting for over 20% of global exports and nearly 80% of market share.
Intro
Informazioni
Data |
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Pubblico target | Startups and Pharma companies |
Organizzatore | BlueTech Media |
Lingua dell’evento |
English |