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Generics in India

Publisher MarketLine
Published Dec 12, 2024
Length 46 Pages
SKU # MTLN19647762

Description

Generics in India

Summary

Generics in India industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • A generic drug is defined as a copy of an ethical (prescription) drug formerly protected by patents that have now expired. Both unbranded generics and branded generics are included in our market scope. However, off-patent drugs that continue to be offered by the original manufacturer under the original name, and which form part of the 'generic-eligible' market, are not included. Market value is evaluated at ex-factory prices. Market volume refers to the proportion of the total ethical pharmaceutical market in a country or region that is made up of generic drugs. Thus, it is a measure of the market share held by generics, rather than a direct measure of the total market volume. Regional volumes are calculated as averages of countries that comprise the region where volume data exists.
  • The Indian generics market recorded revenues of $22.8 billion in 2023, representing a compound annual growth rate (CAGR) of 7.2% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 0.4% between 2018 and 2023, to reach a total of 75.0% of total pharma volume in 2023.
  • The growth in India’s generics market is driven by the rising prevalence of chronic diseases such as diabetes, cardiovascular diseases, and cancer, which require long-term treatment. A 2023 study by the Indian Council of Medical Research (ICMR) highlighted that 101 million people in India have diabetes, highlighting the increasing demand for affordable medications.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the generics market in India
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the generics market in India
  • Leading company profiles reveal details of key generics market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the India generics market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the India generics market by value in 2023?
  • What will be the size of the India generics market in 2028?
  • What factors are affecting the strength of competition in the India generics market?
  • How has the market performed over the last five years?
  • Who are the top competitors in India's generics market?

Table of Contents

46 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths and strategies of the leading players?
7.3. What are the most recent market developments?
8 Company Profiles
8.1. Sun Pharmaceutical Industries Ltd
8.2. Cipla Ltd
8.3. Aurobindo Pharma Ltd
8.4. Lupin Ltd
8.5. Dr. Reddy's Laboratories Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: India generics market value: $ million, 2018-23
Table 2: India generics market volume: % of total pharma volume, 2018-23
Table 3: India generics market geography segmentation: $ million, 2023
Table 4: India generics market value forecast: $ million, 2023-28
Table 5: India generics market volume forecast: % of total pharma volume, 2023-28
Table 6: Sun Pharmaceutical Industries Ltd: key facts
Table 7: Sun Pharmaceutical Industries Ltd: Annual Financial Ratios
Table 8: Sun Pharmaceutical Industries Ltd: Key Employees
Table 9: Cipla Ltd: key facts
Table 10: Cipla Ltd: Annual Financial Ratios
Table 11: Cipla Ltd: Key Employees
Table 12: Aurobindo Pharma Ltd: key facts
Table 13: Aurobindo Pharma Ltd: Annual Financial Ratios
Table 14: Aurobindo Pharma Ltd: Key Employees
Table 15: Lupin Ltd: key facts
Table 16: Lupin Ltd: Annual Financial Ratios
Table 17: Lupin Ltd: Key Employees
Table 18: Dr. Reddy's Laboratories Ltd: key facts
Table 19: Dr. Reddy's Laboratories Ltd: Annual Financial Ratios
Table 20: Dr. Reddy's Laboratories Ltd: Key Employees
Table 21: India Size of Population (million), 2019-23
Table 22: India Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 23: India GDP (Current Prices, $ Billion), 2019-23
Table 24: India Inflation, 2019-23
Table 25: India Consumer Price Index (Absolute), 2019-23
Table 26: India Exchange Rate, 2018-23
List of Figures
Figure 1: India generics market value: $ million, 2018-23
Figure 2: India generics market volume: % of total pharma volume, 2018-23
Figure 3: India generics market geography segmentation: % share, by value, 2023
Figure 4: India generics market value forecast: $ million, 2023-28
Figure 5: India generics market volume forecast: % of total pharma volume, 2023-28
Figure 6: Forces driving competition in the generics market in India, 2023
Figure 7: Drivers of buyer power in the generics market in India, 2023
Figure 8: Drivers of supplier power in the generics market in India, 2023
Figure 9: Factors influencing the likelihood of new entrants in the generics market in India, 2023
Figure 10: Factors influencing the threat of substitutes in the generics market in India, 2023
Figure 11: Drivers of degree of rivalry in the generics market in India, 2023

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