Indian pharmaceutical industry
Summary :
Table of Contents
- Introduction
- Top 10 pharmaceutical company
- The process patent regime
- Porter's five force analysis
- SWOT analysis
- Advantage in India
- Trends in the Indian pharmaceutical industry
- Impact of the union budget 2008-09
- PEST analysis
- Future outlook
- Conclusion
- Bibliography
Abstract
The indian Pharmaceuticals sector has come a long way, being almost non-existent during 1970, to a prominent provider of health care products, meeting almost 95% of country's pharmaceutical needs. London research company Global Insight estimates that India's share of the global generics market will have risen from 4% to 33% by 2007. Most of the players in the market are small-to-medium enterprises; 250 of the largest companies control 70% of the indian market. India's US$ 3.1 billion pharmaceutical industry is growing at the rate of 14 percent per year. It is one of the largest and most advanced among the developing countries. The indian pharmaceutical industry today is in the front rank of India's science-based industries with wide ranging capabilities in the complex field of drug manufacture and technology. A highly organized sector, the indian Pharma industry is estimated to be worth $ 4.5 billion, growing at about 8 to 9 percent annually. It ranks very high in the third world, in terms of technology, quality and range of medicines manufactured.
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