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BUSINESS ENVIRONMENT & OPPORTUNITY

– OVERVIEW OF INSTITUTIONAL BUSINESS

The “organized” sector consists of 250 to 300 companies,

  • which account for 70% of products on the market
  • the top 10 firms representing 30%.
  • the total sector is estimated at nearly 20,000 businesses, some of which are extremely small: implications on Institution business
  • approximately 75% of India’s demand for medicines is met by local manufacturing

– INDIAN PHARMACEUTICAL INDUSTRY WILL GROW TO USD 55 BILLION IN 2020

– HEALTH INSURANCE PENETRATION WILL TOUCH ~45% OF THE POPULATION

– HEALTHCARE SPEND IS ON A STEADY UPWARD TRAJECTORY

– AFFORDABILITY AND ACCESSIBILITY WILL DRIVE GROWTH

– METRO AND TIER I MARKETS WILL DRIVE GROWTH, RURAL CONTRIBUTION WILL INCREASE

– DISPOSABLE INCOME ON A STEADY RISE IN RURAL MARKETS

Analysis of Business Environment

Opportunity

  • IPM projected to grow 3x from 90,000 crores to 300,000 crores
  • Institutions projected to grow 8x from 11000 crores to ~90,000 crores
  • Both government and corporate institutions play critical roles

Dynamics of Govt. Institutional Business