2. Introduction
Serious pressure being felt by Pharmaceutical companies owing to sluggish
growth rate in Key markets.
North America, Japan and Europe jointly accounts for 82% of audited and
unaudited drug sales.
Higher R&D cost, pressure from payers and providers for low cost medicine.
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3. India
Rapidly growing population- creating a large middle class which can afford the
western medicine.
Changing epidemiological profile; rise in chronic disease segment
Manufacturing expertise in Generics and Vaccines
Worlds second biggest pool of English Speakers
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4. Shifts in Indian Economy
Switching from Agrarian to Service economy aided by demographic profile and
robust service sector
Expanding Pharmaceutical market
Till 2028, it is supposed to be one of largest pool of diabetic patients
Increasing expenditure on Health by Private and Government agencies
Improving in Manufacturing standards owing to scrutiny by Regulators
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5. Opportunities
Significant volume in OTC markets; Potential segment to enter into
Reaching the untapped Rural market, which accounts for 70% population
shelter.
Increasing R&D initiatives
Overall cost are only 50% of USA
Biotech and Biosimilars
Bionformatics is in growing phase.
Growing Medical Device Market
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