Trade Analytics
Pharmaceuticals
India's pharmaceutical sector will touch US$ 45 billion by 2020.

Infographic on the Growth of Pharmaceutical Industry in India

Latest update: December, 2016

Increasing investments in the sector

  • The Indian pharmaceuticals market increased at a CAGR of 17.46 per cent during 2005-16 with the market increasing from US$ 6 billion in 2005 to US$ 36.7 billion in 2016 and is expected to expand at a CAGR of 15.92 per cent to US$ 55 billion by 2020.
  • By 2020, India is likely to be among the top three pharmaceutical markets by incremental growth and sixth largest market globally in absolute size.
  • India’s cost of production is significantly lower than that of the US and almost half of that of Europe. It gives a competitive edge to India over others.
Growth

Generic drugs form the largest segment

  • With 70 per cent of market share (in terms of revenues), generic drugs form the largest segment of the Indian pharmaceutical sector.
  • India supply 20 per cent of global generic medicines market exports in terms of volume, making the country the largest provider of generic medicines globally and expected to expand even further in coming years
  • Over the Counter (OTC) medicines and patented drugsconstitute 21 per cent and 9 per cent, respectively, of total market revenues of US$ 20 billion
Growth

 

Posters

Brand India Pharma

PHARMACEUTICAL COMPANIES IN INDIA

Indian pharma company have won around 40 per cent of all Abbreviated New Drug Approval (ANDA) from the US Food and Drug Administration (FDA) between j...

+ More >

Brand India Pharma

IBEF Publications

IBEF Publication

India Now Magazine


India Now Business and Economy

English

+ More Publications >

IBEF Publication

Blog – Perspectives on India More

Powered by the Who's Who of India

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg The organic spice route
Anu P. Mathai, IES, Chief Executive Officer, IBEF

Organic farming has been witnessing rising popularity across markets, in tandem with the growing concerns related to intensive farming and an overdependence on agrochemi...

author_anurag-bio1.png Inching towards modern loyalty
Mr Anurag Saxena, General Manager – India, ICLP

ICLP India has been helping major domestic and international brands to formulate and execute customer engagement strategies and drive loyalty programmes for over eight ye...

praveen-roy.png Huge potential of skill creation in tourism and hospitality sector in India
Mr. Praveen Roy, CEO, Tourism & Hospitality Skill Council

India attracted close to 80.16 lakh foreign tourists in 2015. Many international and domestic hotel chains are focusing on expansion in India. Mr. Praveen Roy, CEO, Touri...

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg Trade dashboard: One-stop shop for India’s trade related data
Anu P. Mathai, IES, Chief Executive Officer, IBEF

The Ministry of Commerce and Industry has recently launched the new enhanced dashboard on foreign trade data...

author_Almirah1.jpg Reinventing traditional Indian fashion with a modern twist
Aditi Bajpai, Co-Founder & Designer, Almirah

How connecting with Indian crafts and silhouettes is making room for new business models

Almirah, a conscious clothing and bedding label for chi...

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg India’s economy: On a strong foundation
Anu P. Mathai, IES, Chief Executive Officer, IBEF

India's core sector output index grew by 5 per cent year-on-year at 176.1 in September 2016, as compared with 3.2 per cent year-on-year growth recorded in August 201...

ideas More

Ideas

Redesigning the financial landscape
With unwavering focus on low operating cost and high efficiency, Vortex Engineering has developed a reliable and secure range of ATMs that have changed the face of banking in India. Efforts such as these assume more significance in the wake of the recent demonetisation drive by the government and help..

JOIN IBEF.org

Join IBEF.org now. Enjoy FREE subscriptions downloads, updates and more.

Error

Already a member?
Login / Retrieve Password