The Indian pharma market has touched new heights and has been showing consistent and ever increasing growth in last few years. The Indian pharma market is completely dominated by generic drugs and the same trend will continue in future also. In FY 2010, the share of generic drugs in the overall pharma market was estimated to be around 92%. The growth in generics market is backed by increasing export volume. As per our new report “Booming Generics Drug Market in India”, the Indian generic drug market is projected to grow at a CAGR of around 17% between FY 2011 and FY 2013.
Our team of experts has done extensive research and prudent analysis of the generic drug market in India in order to understand the factors that will continue to serve as growth propellers for the market over the coming years. We have identified that various opportunities exist for the Indian generics manufacturers in the US, European and African countries. Our report analyzes and describes these opportunities in a comprehensive manner.
We believe that regulatory environment and political factors play a critical role in the development of generic drug industry. The research report studies and provides a prudent analysis on the role of political environment in the development of Indian generics industry. The report also discusses several industry bottlenecks that are blocking the growth of generics industry in the country.
“Booming Generics Drug Market in India” provides an in-depth research and analysis of the generic drug market in India. The report thoroughly examines the current market trends, industrial developments and competitive landscape to enable clients understand the market structure and its progress in coming years. Industry forecasts presented in the research report has been made carefully after considering all the possible post-recession impacts on the industry. Besides this, our report provides detailed analysis of the key pharma companies in the country including their strength and weakness analysis, which will prove useful for the clients who are looking to invest in this market.
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About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.
