Pharmaceuticals and healthcare market has been growing exponentially, bringing new medicine, antibiotics,anti virals etc. Surgical products and medical disposable market is also growing fast. As more hospitals, dispensaries, doctors, nurses, surgeons, medical professionals churning out of large number medical colleges, healthcare universities, the demand for more allopathy and homeopathy medicine grows. Ayurvedic and pharmacy colleges, Unani and herbal formulations add to growing list of medicines in India.
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Top Pharma companies by sales 2022
1. Sun Pharmaceutical Industries
2. Dr. Reddy's Laboratories
3. Cipla Limited
4. Emcure Pharmaceuticals
5. Biocon Limited
6. Torrent Pharma
7. Lupin Limited
8. Cadila Healthcare Limited
9. Aurobindo Pharma Limited
10. Glenmark Pharma Limited
India ranks 3rd in the global ranking of pharma production by volume and 14th by value. This shows the relative inexpensiveness of Indian pharma products. There are over 3000 pharma companies in India having over 10,000 manufacturing units. Western India, notably Maharashtra and Gujarat are ahead in this regard. Indian pharma companies supply over 50% of the global demand for various vaccines, 40% of the generic demand for US and 25% of all medicines for UK.
India occupies an important position in the global pharmaceutical market - It's the world's largest supplier of generic medications, accounting for 20% of the worldwide supply by volume and supplying about 60% of the global vaccination demand.
Indian domestic market is estimated to be US$ 42 billion in 2021 and likely to reach US$ 65 billion by 2024. India’s medical devices market stood at US$ 10.36 billion in FY20. As of August 2021, CARE Ratings expect India's pharmaceutical business to develop at an annual rate of about 11% over the next two years.
Pharma retailers enjoy around 16 - 22 percent margin of branded medicines and 20 - 50 percent for generic medicine. For herbal and ayurvedic formulation, the margins are even at a higher level - making distribution a very profitable business for this sector. Along with margins, retailers enjoy benefits of schemes and offers provided by companies. Retailers/pharmacies also enjoy credit facilities provided by companies and/or stockiest
We have been a super stockist, working in the pharmaceutical industry for the last ten years, and we have successfully built up exceptional market dominance. We're now constantly searching for potential growth opportunities. We of
I've been running my own C&F agency and dealing with pharmaceutical supply over the entire western Uttar Pradesh for the previous eight years. I've gained substantial experience and am currently looking for potential business pros
I have worked in the pharmaceutical industry for the past 30 years and have amassed extensive sales and marketing expertise. Recently ventured into distribution, searching for potential growth opportunities. I have a 1,600 square
I started managing my own C&F agency and dealing with pharmaceutical supplies after receiving my MBA and have been doing so for the past 8 years. Now actively looking for potential growth prospects. I have the necessary resources,
I've been working with industrial supplies and running my own distribution endeavour for the past two years. I have worked for a number of reputable businesses, including Grasim. I have the necessary resources, including a 4,500 s
We have been running numerous businesses, dealing with building supplies and electronic accessories, for the past 35 years. Now actively looking for further possibilities. We have the resources needed, including a storage area of
I've been working in distribution and dealing with medications for the past ten years. Have gained extensive knowledge. Now looking for potential growth opportunities. I have excellent infrastructure, which consists of a storage a
We have been running our own C&F agency and dealing with FMCG and pharmaceutical supplies for the past ten years. Now looking for potential opportunities. We do have great resources, including a warehouse facility of about 4600 sq
I've been in business for the past ten years. Have developed a significant understanding of sales. I recently began my own distribution venture and work with medical goods. I do have excellent infrastructure, including a storage f
I've been in business for 34 years, and over that time I've gained extensive knowledge in supply chain management, distribution, and retail sales. I've been working with pharmaceutical supplies, and now looking for chances to dive