Indian Pharma Industry Report

Introduction

The Indian pharmaceutical industry grew at 13% during 2003-2007, driven by rising consumption levels in the country and strong demand from export markets. In 2006-07, the Indian pharma market reached US$ 8.16 billion and is estimated to reach US$ 9.77 billion in 2007-08. At present, India’s pharmaceutical industry constitutes 1-2% of the global pharmaceutical market in value terms.

 

Key Findings & Highlights

  • The market is estimated to register sales of US$ 743 billion in 2008 with a growth of 5-6% compared with 6-7% in 2007.

  • In 2007, 71% of oncology product sales came from the US and Europe’s top five markets—France, Germany, Italy, the UK and Spain.

  • The growth accelerates in the seven “pharmerging” markets of China, Brazil, Mexico South Korea, India, Turkey and Russia and is expected to grow by 12–13% in 2008 to US$ 85–90 billion.

  • Generic producing companies Barr, Ranbaxy, Mylan, Teva, Actavis and Dr Reddy’s Labs have become dominant as they keep launching more and more generics.

  • In world rankings, the Indian pharmaceutical industry stood fourth in terms of volume and 13th in terms of value in 2006-07.

  • Exports are bifurcated into exports services comprising contract manufacturing, contract research.

  • India currently has more than 80 FDA-approved plants, followed by Italy (55) and
    China (27).

Your Questions Answered

  • What is the expected growth in the seven “pharmerging” markets across the world?

  • What is the % of product sales came from US & Europe’s Top five markets?

  • What are the primary growth drivers in pharma industry?

  • Why companies are increasingly turning to licensing?

  • What are the drugs dominated domestic retail pharma market in 2007?

Clients subscribed for

Pharmed Ltd., Apex Labs Ltd, Vignan Jyothi Institute of Mgmt., Zim Labs Ltd, Indian Immunologicals Ltd.

 

Why it is a bestseller?

For it’s in depth coverage, Content, Presentation in terms of charts and tables.

 

New Reports launched in Nov'08 are

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  • Top 200 Pharma Companies Profile

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