According to our research report “Booming Pharma Sector in India”, pharmaceutical has emerged as one of the leading industries in the Indian Inc., with the domestic market showing an unprecedented growth of around 9% in FY 2009. This dramatic growth in the Indian pharmaceutical industry can be attributed to several factors. Our report has studied all these factors deeply and gives extensive information on them.
The overall outlook of the Indian pharmaceutical industry seems bright as it will experience noteworthy growth in coming years. Our study reveals that the Indian pharmaceutical industry is projected to show double-digit growth in near future owing to rise in pharmaceutical outsourcing and consolidation of highly fragmented industry. The pharmaceutical market is expected to give an impetus to various associated industries.
The domestic pharmaceutical market in India is grouped with the world’s most potential markets. However, this market differs from the markets in the US and Europe. We have also found that despite the global economic slowdown, the pharmaceutical exports have shown good buoyancy in growth.
“Booming Pharma Sector in India” is an outcome of extensive research and thorough analysis of the Indian pharma industry. The report provides thorough statistical and analytical overview of the Indian pharmaceutical market. It contains information about past, present and future trends, with focus on entire structure, composition and working of the pharmaceutical market. The report extensively discusses opportunities and challenges expected to arise within and outside the pharmaceutical market. We have also done an extensive research and analysis of various segments of the Indian pharmaceutical market.
Besides, our report analyzes emerging sectors, 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 gives a brief overview of demographics and healthcare profile to adjudge the pharmaceutical market in terms of demand, expenditure and possible future direction.
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Article By: Shushmul Maheshwari