Research and Markets: Indian Pharmaceutical Industry, Q4 2011

Research and Markets (http://www.researchandmarkets.com/research/013cad/indian_pharmaceuti) has announced the addition of the "Indian Pharmaceutical Industry, Q4 2011" report to their offering.

The Indian Pharmaceutical Industry (IPI) is the 3rd largest in the world in terms of volume and 14th largest in terms of value. It has been growing at a healthy rate of 15% CAGR over the last 5 years. Total market size includes the domestic market and export-import market. Export market constituted 40% of the total IPI sales in FY2011 and approximately 55% of the total exports constitute of formulations while the other 45% comprised bulk drugs.

Over the next 5 years, the Indian pharma industry (IPI) is expected to grow optimistically given its manufacturing prowess coupled with a large domestic market having strong macroeconomic growth, expansion of healthcare infrastructure, rising incidence of chronic diseases and healthcare penetration to the extended urban and rural regions. The export market is expected to have a robust growth based on significant patent expiries in regulated markets along with premium pricing vis--vis domestic sales in addition to volume growth.

Per capita drug consumption is expected to more than double by FY2015 due to increase in chronic disease and growth in OTC products. Expansion of medical infrastructure will lead to higher number of people under the healthcare umbrella and will lead to increased use of pharmaceutical products. Rural disposable income is set to rise substantially and that will lead to more affordability of pharma products in the rural region of India. Government spending on healthcare will play a major role in increasing the penetration of pharmaceuticals especially in rural areas.

Read more inside Indian Pharmaceutical Industry, Q4 2011

Companies Mentioned:

• Ranbaxy Laboratories Ltd
• Sun Pharmaceuticals Industries Ltd.
• Cipla Ltd
• Dr. Reddy's Laboratories ltd
• Lupin Ltd
• GlaxoSmithKline Pharmaceuticals ltd
• Biocon Ltd
• Cadila Healthcare Ltd.
• Aurobindo Pharma Ltd.
• Divi's Laboratories Ltd.
• National Aluminium Company Limited (NALCO)
• Sterlite Industries India Limited (SIIL)
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For more information visit http://www.researchandmarkets.com/research/013cad/indian_pharmaceuti