India is the second most populated country globally, with a total
population of 1.3 billion as of 2015. More than 50% of the country’s population
is in the age group of <25 years. India accounted for ~20% share in the
global disease burden. Increasing prevalence of non-communicable diseases such
as diabetes, cancer, cardiovascular diseases (CVDs), etc., are driving the
country’s pharmacy market. Moreover, increasing aging population base and rising
consumption of alcohol, tobacco etc., are leading to various lifestyle diseases
such as cardiac diseases, cancer, diabetes, obesity, etc. Thus, aforementioned
factors are expected to drive India pharmacy market in the coming years.
behavior towards growing adoption of healthcare services, increasing demand for
over-the-counter drugs, rising penetration of private label products, growing
trend of self-medication by patients and rising penetration of health insurance
plans are expected to fuel growth in India pharmacy market through 2021.
Furthermore, more than 60 million of patients were diagnosed with diabetes in India
in 2014. India has the highest number of diabetic patients in the world, and
more than 77 million patients suffer from pre-diabetic conditions. Increasing
urbanization rates and sedentary lifestyle is increasing disease burden in
India, thereby contributing to the growth of the pharmacy market in India.
Pharmacy Market Opportunities, 2011 - 2021” report studies the market size and share of
various segments and sub-segments of the pharmacy market
in India during the period 2011 - 2021. In the study, the market has been categorized
into two broader segments that include Prescription Drugs and Over-the-Counter
The market dynamics section of the report
elaborates factors driving the market as well as the challenges inhibiting
growth. The research study also includes insights of the key market trends, a
detailed analysis of changing competitive landscape, and revenue forecasts for
each segment and sub-segment.
this information is provided to assist established market players and new
entrants in taking their strategic decisions, thereby aiding them in
strengthening their market position in a highly competitive pharmacy market in India.
“India Pharmacy Market Opportunities, 2011
- 2021” report
elaborates the following aspects of pharmacy market
ü India Pharmacy Market Size, Share & Forecast
ü Segmental Analysis – By Drug Category (Prescription Drugs and Over-the-Counter (OTC) Drugs), By Product Type (Drugs, Medical Devices &
Other Wellness Products), By Structure (Stand-Alone Pharmacy & Chained
Pharmacy), By Sales Channel (Offline Vs. Online), By Reach (Urban Vs. Rural)
ü Policy & Regulatory Landscape
ü Changing Market Trends & Emerging Opportunities
ü Competitive Landscape & Strategic
Why You Should Buy This Report?
ü To identify the on-going trends and anticipated
growth in the next five years
ü To gain competitive knowledge of leading market
ü To avail 10% customization in the report without
any extra charges and get research data or trends added in the report as per
the buyer’s specific needs
Questions This Study Will Answer
ü What would be the segmental
and regional growth trends in India
pharmacy market in the coming years?
ü What are the most important
growth drivers and opportunities in the market?
ü Which sales channel is
preferred the most?
ü What strategies should market
competitors employ to gain share in mature segments of India pharmacy market?
ü What are the competitor
profiles in this market and how do they compete for market share?
The information contained in this report is
based upon both primary and secondary sources. Primary research included
interviews with distributors and industry experts. Secondary research included
an exhaustive search of relevant publications such as company annual reports,
financial reports and other proprietary databases.