Indian Pharmaceutical Market Outlook - Enhanced purchasing power, rural market penetration and expanded access to healthcare attracting Big Pharma investment - GBI Research Reports

Indian Pharmaceutical Market Outlook - Enhanced purchasing power, rural market penetration and expanded access to healthcare attracting Big Pharma investment

Indian Pharmaceutical Market Outlook - Enhanced purchasing power, rural market penetration and expanded access to healthcare attracting Big Pharma investment - GBI Research Reports
Indian Pharmaceutical Market Outlook - Enhanced purchasing power, rural market penetration and expanded access to healthcare attracting Big Pharma investment
Published Jan 22, 2013
94 pages — Published Jan 22, 2013
Price US$ 3,500.00  |  Buy this Report Now

About This Report

  
Abstract:

Summary

GBI Researchs new report Indian Pharmaceutical Market Outlook - Enhanced purchasing power, rural market penetration and expanded access to healthcare attracting Big Pharma investment provides in-depth analysis of the trends, issues and challenges facing the Indian pharmaceutical market. It is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Researchs team of industry experts. The Indian pharmaceutical industry grew from $0.8 billion in 1980 to $21.73 billion in 2010 and is expected to grow further as Multinational Companies (MNCs) enter the market. Although pharmaceutical giants such as GlaxoSmithKline (GSK) have been present in the market for years, the rising income of the middle-class population, changing patent laws, low-cost skilled labor and low-priced infrastructure in India have attracted other MNCs. With the current scenario, the market is expected to grow at a Compound Annual Growth Rate (CAGR) of 12% during the 20112015 period. Branded generics are expected to become more prevalent in India as many global players are planning to launch them after their patents expire.

The once highly fragmented Indian pharmaceutical industry is undergoing strategic consolidations with the aim of emerging as a highly organized sector. With the inflow of MNCs R&D operations the industry will continue to experience a trend of M&A. Deals and acquisitions are set to continue due to low-cost infrastructure and labor as patent expiries and the thin pipelines of major companies will cause revenues to fall.

The Indian government has implemented various initiatives to increase insurance coverage and reduce healthcare costs, such as the National Rural Health Mission and Jan Aushadhi. A revised pricing policy was also proposed in 2011, which will increase government control to over 60% of drugs.

Rising income levels, changing disease patterns, increasing reach of healthcare, reduced out-of-pocket expenditure and growth of new products such as generics and biosimilars are expected to drive growth in the future.

Scope

- Macroeconomic environment of the pharmaceutical industry in India, covering demographic analysis, drivers, and barriers
- Important industry characteristics, looking at healthcare policies, regulations, distribution, pricing, taxation, spending, insurance and reimbursement
- Market analysis of segments such as prescription medicines, biotechnology, over-the-counter medicines and Contract Research and Manufacturing Services (CRAMS)
- Annualized market data from 2005 to 2010 for important therapeutic segments
- Competitive profiling of five major domestic and international companies operating in the Indian pharmaceutical market
- Analysis of licensing, partnership and M&A deals that took place between 2007 and 2011

Reasons to buy

- Develop market-entry and market-expansion strategies by identifying the leading segments poised for strong growth
- Device a more tailored country strategy through understanding key drivers of and barriers to the pharmaceutical market
- Develop key strategic initiatives by understanding leading companies key focus areas
- Accelerate and strengthen your market position by identifying key companies for M&A and strategic partnerships

  
Source:
Document ID
GBIHC275MR
Country
Industry
Format:
PDF Adobe Acrobat
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Sections

TitleStarting PageNumber of Pages
Table of Contents55
  List of Tables81
  List of Figures91
Indian Pharmaceutical Market Outlook Introduction101
Indian Pharmaceutical Market Outlook Overview1112
  Global Pharmaceutical Industry Landscape111
  Macro View of the Indian Pharmaceutical Sector121
  Demographic Analysis131
    Population Size, Growth, and Structure132
    Crude Death Rate151
    Infant Mortality Rate161
    Life Expectancy at Birth172
  Driver and Barriers191
    Drivers191
      Rising Income Levels and Healthcare Spending191
      Expected Increase in the Size of the Healthcare Workforce201
      Increase in Reach of Healthcare by National Rural Health Mission201
      Increasing Insurance Coverage by Rashtriya Swasthya Bima Yojana and Other Regional Schemes201
      Introduction of New Products and Strong Pipeline211
    Barriers211
      Pricing Policies211
      Counterfeiting211
      Weak Intellectual Property Rights211
  SWOT Analysis of Indian Pharmaceutical Industry221
Indian Pharmaceutical Market Outlook Industry Characteristics2314
  Healthcare Policy231
    National Health Policy 2002231
    National Rural Health Mission231
    National Urban Health Mission241
  Intellectual Property Rights in India251
    Effect of Patent Laws on Pharmaceutical Production in India261
    Key Impact of the New Patent Laws on India271
    Patent Act 2005 First Step towards Improving IP Protection271
    IPR Enforcement Rules 2007271
    Trademarks Bill 2007271
    Drugs and Cosmetics Act (Amendment) 2008271
  Drug Distribution Structure281
  National Pharmaceuticals Pricing Policy291
    Objectives of the Present Policy291
    Key Principles of National Pharmaceuticals Pricing Policy, 2011291
    Principles for Drug Price Control and Determination in National Pharmaceutical Pricing Policy 2011301
    Other Aspects of the Policy301
    Impact Analysis of the Policy311
  Goods and Services Tax311
    An Introduction to Goods and Services Tax311
    Dual Goods and Services Tax in India311
    Impact on the Pharmaceutical Industry321
      Procurement321
      Manufacture321
      Sales and Distribution321
      Pricing321
      Research321
  Direct Tax Code331
    Tax Structure331
    Incentives Available to the Pharmaceutical Sector331
    Road Ahead331
  Healthcare Spending in India341
  Insurance and Reimbursement351
    Private Health Insurance351
    Health Insurance Companies Landscape361
Indian Pharmaceutical Market Outlook Market Analysis379
  Market overview371
    Contract Research and Manufacturing Services371
    Biotech381
      Vaccines391
      Biosimilars393
    Over-the-Counter Drugs421
    Prescription Drugs421
      Patented Drugs421
      Generics421
    Herbal Medicines431
  Market Segmentation442
Indian Pharmaceutical Market Outlook Market Analysis by Therapeutic Categories4617
  Market Share of Leading Therapeutic Segment461
  Anti-Infectives471
    Market Size471
    Key Brands and Players481
    Recent Developments481
      Biological E. Launches Japanese Encephalitis Vaccine Jeev in India September 2012481
      Mylan to Supply Antiretroviral Drugs to National AIDS Control Organization September 2012481
      Venus Remedies Secures First Patent in Canada through Vancoplus September 2012481
    Outlook481
  Cardiovascular System491
    Market Size491
    Recent Developments501
      Lupin Receives FDA Approval for Generic Avapro Tablets October 2012501
      AstraZeneca Launches Antiplatelet Drug Brilinta in India October 2012501
      Ranbaxy Misses First-Day Launch of Generic Hypertension Drug Valsartan September 2012501
    Outlook501
  Gastrointestinal511
    Market Size511
    Recent Developments521
      Wockhardt Launches Generic Anti-Ulcer Drug LansoPrazole September 2012521
      Synergy Pharma Enters into Agreement with Ironwood Pharma for Plecanatide September 2012521
      Modi-Mundipharma Launches Movicol in India August 2012521
    Outlook521
  Diabetes531
    Market Size531
    Recent Developments541
      Diabetology Enters into Licensing Agreement with USV for Capsulin July 2012541
      India and US Sign Agreement to Collaborate on Diabetes Research June 2012541
      Transgene Reports Results from TrabiOral Oral Insulin Studies May 2012541
    Outlook541
  Central Nervous System551
    Market Size551
    Recent Developments561
      Pozen Patents Upheld in Treximet Patent Litigation Appeal October 2012561
      BioLineRx to conduct Interim Analysis of Phase II/III CLARITY Clinical Trial of BL-1020 for Treatment of Schizophrenia October 2012561
      Wockhardt Launches Generic Antidepressant Drug Wellbutrin SR September 2012561
    Outlook561
  Respiratory571
    Market Size571
    Recent Developments581
      FDA Approves First Generic Versions of Singulair to Treat Asthma and Allergies August 2012581
      Dr. Reddy s Launches Montelukast Sodium Tablets and Montelukast Sodium Chewable Tablets in the US August 2012581
      Sun Pharma Announces FDA Approval of Generic Astelin Nasal Spray May 2012581
    Outlook581
  Dermatology591
    Market Size591
    Recent Developments601
      AmDerma Pharma Enters into Licensing Agreement with Oculus Innovative Sciences June 2012601
      Oxygen Biotherapeutics Study Reveals Dermacyte Concentrate's Potential to Relieve Histamine-Induced Pruritus in Healthy Patients May 2012601
    Outlook601
  Oncology611
    Market Size611
    Recent Developments621
      Strides Arcolab Receives ANDA Approval for Fludarabine Injection from FDA October 2012621
      Cadila Pharma Files for Cancer Vaccine Patent In India October 2012621
      Piramal Healthcare Receives Approval for Conducting Phase II Clinical Trial of P276 July 2012621
    Outlook621
Indian Pharmaceutical Market Outlook Key Trends6311
  Rapid Consolidation and Rise of Multinational Corporations in the Indian Pharmaceutical Industry631
    M&A Deals632
    Licensing Deals651
    Partnership Deals661
  Patent Litigations Favoring Generics671
    Indian Patent Office Revokes Patent for Pfizer s Cancer Drug Sutent (sunitinib)671
    Indian Appeals Body Dismisses Bayer s Plea for Stay on Natco's Generic Nexavar (sorafenib)671
    Delhi High Court Rules in Favor of Cipla in Roche's Tarceva (erlotinib) Patent Lawsuit671
    Indian Supreme Court Asks Novartis to Scale Down Price of Cancer Drug Glivec (imatinib)671
  Increasing Importance of Rural Marketing in India681
    Case Study - Novartis Arogya Parivar Case Study681
      Action Points681
      Results691
  Product Localization and India-Specific Pricing701
    Case Study - GlaxoSmithKline, Localized Business Model701
      India-Specific Pricing701
      Emphasis on Customized Product Line701
      Differential Pricing701
  Sales Strategies711
    Case Study - Mankind, Sales Excellence711
  Patented Products Introduced in Niche Segments721
    Case Study - Merck s Successful Strategy for Patented Products721
      Introduction721
      Better Pharmacological Effect of DPP-4 Inhibitors Helped Rapid Adoption721
      Robust Marketing Approach721
      Excellent Commercialization Strategy721
      Conclusion721
  Actions Taken by Indian Government against Counterfeit Drugs731
Indian Pharmaceutical Market Outlook Competitive Landscape7411
  Key Foreign Companies741
    Sanofi741
      Company Overview741
    Roche741
      Business Overview741
    AstraZeneca751
      Business Overview751
    GlaxoSmithKline751
      Business Overview751
    Abbott Laboratories751
      Business Overview751
  Key Domestic Companies761
    Dr. Reddy s Laboratories761
      Business Overview761
      Strategy771
    Lupin781
      Business Overview781
      Strategy791
    Cipla Limited801
      Business Overview801
      Strategy801
    Ranbaxy Laboratories Limited811
      Business Overview811
      Strategy821
    Biocon831
      Business Overview831
      Strategy841
Indian Pharmaceutical Market Outlook The Way Forward855
  Outlook for the Indian Pharmaceutical Industry851
  Risks861
    Currency Fluctuation and Financial Problems will make it Difficult to Sustain Growth861
    Regulatory Hurdles861
    Financial Disparity861
    Intellectual Property Concerns861
      Unfavorable Patent Law for Bigger Companies861
  Recommendations871
    Improved Links between Industry and Academia871
    Focus on R&D Initiatives and Skilled Manpower871
    Support for Clinical Trials Sector871
    Quality Drugs to be made Affordable and Accessible871
  Opportunities Ahead881
    Foreign Direct Investment881
    Chronic/Acute881
  Strategies for Future Success881
    Increasing Importance of Biosimilars881
    Rural Markets891
      Government s Role891
Indian Pharmaceutical Market Outlook Appendix905
  Market Definitions901
  Abbreviations902
  Bibliography921
  Research Methodology932
    Coverage931
    Secondary Research931
    Primary Research931
    Expert Panel Validation941
  Contact Us941
  Disclaimer941

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MLA:
GBI Research Reports. "Indian Pharmaceutical Market Outlook - Enhanced purchasing power, rural market penetration and expanded access to healthcare attracting Big Pharma investment" Jan 22, 2013. Alacra Store. May 04, 2025. <http://www.alacrastore.com/storecontent/GBI-Research-Reports/Indian-Pharmaceutical-Market-Outlook-Enhanced-purchasing-power-rural-market-penetration-and-expanded-access-to-healthcare-attracting-Big-Pharma-investment-2115-558>
  
APA:
GBI Research Reports. (2013). Indian Pharmaceutical Market Outlook - Enhanced purchasing power, rural market penetration and expanded access to healthcare attracting Big Pharma investment Jan 22, 2013. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/storecontent/GBI-Research-Reports/Indian-Pharmaceutical-Market-Outlook-Enhanced-purchasing-power-rural-market-penetration-and-expanded-access-to-healthcare-attracting-Big-Pharma-investment-2115-558>
  
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