Netscribes' latest market research report titled Bio Pharma Market in India 2017 states that while historically the biopharmaceuticals market in the country grew at a CAGR of 15.7%, it is expected to grow at a CAGR of 13.6% between 2016 and 2022. With a large portion of the population falling in the senior citizen category, the need for various healthcare services and pharmaceutical products, including biopharmaceuticals is expected to rise in the country. Moreover, with increased life expectancy, this segment of the population is expected to grow further in the coming years. The increased disposable income of Indians is also allowing them to spend more on medicines and follow medication more diligently. Also, growing health awareness among individuals is resulting in early detection of various medical conditions, and leading to individuals being subject to various medications much earlier than before. However, the lack of regulatory clarity acts as a major challenge for the industry. The regulation of biopharmaceuticals is inefficient and complex due to the involvement of multiple agencies and committees in the review and approval process. Competition from other Asian countries also acts as a challenge for the Indian bio pharma market. Despite the competition from other countries, India's biotechnology sector has attracted major investments from several global companies due to its strong generic biotechnology potential. While Indian Immunologicals Ltd. set up vaccine manufacturing facilities in Pondicherry and Hyderabad by investing INR 3 bn and INR 2.5 bn respectively, Shantha Biotechnics Pvt. Ltd. built an insulin product manufacturing facility entailing an investment of INR 4.6 bn. The country is being recognized globally as a preferred outsourcing destination for contract research and manufacturing services. This will further aid in the development of the country's bio pharma sector. Biocon Ltd., Dr. Reddy's Laboratories Ltd, Serum Institute of India Pvt. Ltd., Lupin Ltd. and Intas Pharmaceuticals Ltd. are some of the major companies operating in this market. Coverage: Overview of the bio pharma market in India, and historical and forecasted market size data over 2010 to 2022 Trade analysis of bio pharma products in India Qualitative analysis of the major drivers and challenges affecting the market Analysis of the competitive landscape and profiles of major players operating in the market Key recent developments in the Indian bio pharma sector Why Buy? Get a broad understanding of the bio pharma sector in India, the dynamics of the market and the current state of the sector Strategize marketing, market-entry, market expansion and other business plans by understanding the factors driving the growth of the market Be informed regarding the key developments in the Indian bio pharma sector Understand major competitors' business and market dynamics, and respond accordingly
Table of Contents
Slide 1: Executive Summary Socioeconomic Indicators Slide 2: Total Population (2010-2011 2019-2020), Population Density (2010-2011 2019-2020) Slide 3: Sex Ratio (2005, 2010, 2015, 2020), Population by Age Group (2005, 2010, 2015, 2020), Urbanization Trend (2010-2011 2019-2020) Slide 4: Total Fertility Rate (2005-2010, 2010-2015, 2015-2020), Infant Mortality Rate (2005-2010, 2010-2015, 2015-2020), Total Number of Births (2005-2010, 2010-2015, 2015-2020), Total Number of Death (2005-2010, 2010-2015, 2015-2020) Slide 5: Total Literacy Rate (2001, 2011), Rural Literacy (2001, 2011), Urban Literacy (2001, 2011) Slide 6: GDP at Market Prices (2010-2014), FDI (2010-2014), Inflation Rate (2010-2014), Unemployment Rate (2010-2014) Slide 7: Access to Safe Drinking Water (2001, 2011), Exchange Rate (2010-2015) Market Overview Slide 8: Market Definition & Structure Slide 9: Biopharmaceuticals Market in India Market Size & Growth (2010 2022) Slide 10: Biopharmaceuticals Market in India Market Overview Slide 11: Porters Five Forces Analysis Trade Analysis Slide 12: Export of Vaccines for Human Medicine Size (Value-Wise; FY 2013 FY 2017 and Volume-Wise; FY 2013 FY 2017) Slide 13: Export of Vaccines for Human Medicine Country-Wise Segmentation (Value-Wise; FY 2015 and FY 2016; and Volume-Wise; FY 2015 and FY 2016) Slide 14: Import of Vaccines for Human Medicine Size (Value-Wise; FY 2013 FY 2017 and Volume-Wise; FY 2013 FY 2017) Slide 15: Import of Vaccines for Human Medicine Country-Wise Segmentation (Value-Wise; FY 2015 and FY 2016; and Volume-Wise; FY 2015 and FY 2016) Market Influencers Slide 16-17: Market Drivers Slide 18: Market Challenges Market Trends Slide 19: Key Trends Competitive Landscape Slide 20: List of Major Players Slide 21-50: Profiles of Major Players Recent Developments Slide 51-52: Recent Developments Appendix Slide 53: Research Methodology
This research report involves complete picture of the market with the help of in-depth secondary and primary research. This research report studies several aspects of the market and analyze vital industry influencers. Extensive secondary research has been conducted using paid as well as open access data sources in order to gather information on the market and parent market. These key findings are then analyzed and validated with the help of in-house data models and primary discussions with key industry participants and experts across the value chain
Research Tools and Models
- Top-Down Approach and Bottom-Up Approach
- QFD Modeling for Market Size and Share Calculation
- Regression, Variable and Impact Analysis
- Penetration Modeling
- It comprises briefing about market dynamics and business opportunities and strategies.
- Finally, all the research findings are validated through interviews with in-house industry experts, freelance consultants and key opinion leaders etc.
It involves various mathematical tools, models, projection, and sampling techniques. It involves following steps:
- Identification of market variables and market size derivation
- Assessment of future prospects, opportunities and market penetration rates by analyzing product commercialization, regional trends etc.
- Evaluation historical market trends and derivation of present and future year-on-year growth trends