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PHARMACEUTICALS
December 2008
 
www.ibe.org
MARKET OVERVIEW
 
www.ibe.org
MARKET OVERVIEW
PHARMACEUTICALS • December 2008
Indian pharmaceutical market – US$ 7.3 billion opportunity
Domestic pharma retail market (US$ billion)
India is among the astest growing pharmaceuticalmarkets in the worldThe pharmaceutical market is worth US$ 13 billion,with the domestic retail market expected to crossthe US$ 10 billion mark in 2010 and reach anestimated US$ 12 billion to US$ 13 billion by 2012The outsourcing opportunity is set to growto US$ 53 billion in 2010 rom US$ 26 billion in 2006
Forecasted Indian pharmaceutical retail market (US$ billion)
Source: Compiled from industry sources
2012200612-136.2
CAGR12%-14%
Source: IPA, Ernst & Young analysis
024681012142001-0222.211.46.96.223.305101520252006-07E2011-12P
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Domestic Formulations
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Exports (bulk drugs and ormulations)
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very nice article thanks a lot

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