Download Medical Notes on India Pharma 2020 - Propelling access and acceptance realizing true potential

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India Pharma 2020 - Propelling access and acceptance realizing true potential Medical Notes

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Description:Global pharmaceutical markets are in the midst of major discontinuities. While growth in developed markets is expected to slow down, the emerging markets are expected to become increasingly important in the coming decade. The Indian pharmaceuticals market, along with the markets of China, Brazil and Russia, will be leading the growth within these markets. Some of the characteristics of the Indian pharmaceuticals market make it unique. Firstly, the branded generics dominate, making up for 70 to 80% of the retail market. Secondly, local players have enjoyed a dominant position driven by formulation development capabilities and early investments. Thirdly, price levels are low, driven by intense competition. While India ranks tenth globally in terms of value, it is ranked third in volumes. These characteristics present their own opportunities and challenges. McKinsey and Company’s Pharmace

Tags:Pharmaceutical, pharma, India, medicine, drug

Published on: Jun 25, 2020 | Views : 1213 | Downloads : 0