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India Pharmaceutical Industry Expected to Skyrocket in Coming Years by Favorable Government Policies
According to Goldstein Research, India is supplier of approximately 20% of generic medicines across the globe, in terms of volume which makes it a largest provider of generic medicines globally and the volumes are projected to expand in coming years.
According to Goldstein Research, India is supplier of approximately 20% of generic medicines across the globe, in terms of volume which makes it a largest provider of generic medicines globally and the volumes are projected to expand in coming years. Huge expenditures by the Indian government to modernize the healthcare infrastructure and market players significant investment over R&D activities is also driving the growth of pharmaceutical industry in India. India Pharmaceutical market outlook also includes new business models, technological advancements, and capital investment as the key strategies adopted by the major players for significant expansion of business in India. Furthermore, Epidemiological factors such as 20% growth in patient pool, new diseases and increasing pervasiveness of lifestyle diseases will boost the pharmaceuticals industry in India.
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On the basis of our in-depth analysis, India Pharmaceutical market can be segmented as follows:
- Active Pharmaceutical Ingredients (APIs)
- Contract Research and Manufacturing Services
- Formulations (CRAMS)
- Gastro Intestinal
- Tier- I Cities Pharmaceutical Market
- Tier- II Cities Pharmaceutical Market
- Tier- III Cities Pharmaceutical Market
“India Pharmaceutical Industry Report” contains detailed overview of the India pharmaceutical market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by active pharmaceutical ingredients, contract research and manufacturing Services, formulations (CRAMS) and biosmililars.
Further, for the in-depth analysis, India Pharmaceutical Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This industry analysis report also includes competitive outlook of some of the major players profiling of companies such as Sun Pharma, Dr Reddy, Lupin, Cipla, Aurbindo, Candila. Glenmark, Torrent Pharma, Alkem LabGlaxoSmithklineandAbbott India.The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
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