"The world has witnessed a sharp increase in the demand for cost-effective generic drugs in a decade. In such a scenario, India’s rise as a generic destination is the blessing for people in under developed countries or patients looking for cheap medicines. Strong supply of anti retroviral drugs to African countries by Indian drug manufacturers is a case in point. The after-impact of economic slowdown did not influence the Indian generics sector, and the growth phenomenon continued to remain stable. In future also, factors like patent expiries, investment, and private sector participation will boost the sector and it is estimated that generic drugs market will grow at a CAGR of around 17% between FY 2011 and FY 2013.
Our team of research has found that regions like US, Europe, Japan, and Africa offer immense opportunities to Indian drug manufacturers who already hold a 10.5% share in the US generics market in 2010. Countries in the European and African regions are also the prime consumers for Indian generics medicines. Moreover, an increasing number of FDA, WHO approved plants and agreements between big pharma and domestic generic players all indicate towards improved perception of India as a generics hub.
The Indian generics drug market is surrounded by some key developments that offer huge opportunities as well as threat. Increasing influence of foreign multinationals has become a cause of concern for authorities and market players. At the same time, patent expiries may turn out to be a growth booster. Government support, in such a case, can become an important factor. There are some key trends that have been impacting market development and the report has analyzed them in a prudent manner.
The report, "Booming Generics Drug Market in India" provides an insight into the generics drug market in India and analyzes growth in the sector revenue. It addresses several issues that are of concern and come up with probable solution. The report provides forecast for key areas and uses proper methods and base for the same. The regulatory environment has also been discussed so that clients may acquaint themselves with the government role in the Indian generics sector. Last but not the least, the description, key developments, and strength-weakness analysis of the active market players add value to the overall analysis."
1. Analyst View
2. Research Methodology
3. Indian Generics Market - An Overview
4. Key Market Drivers
4.1 Increasing Export
4.2 Private Investments
4.3 Patent Expiries
4.4 Increasing Acceptance of Generics
5. Industry Performance
5.1 Market Size and Growth
5.2 Branded and Generics
6. Opportunities for Indian Generics Companies
6.1 US
6.2 Europe
6.3 Japan
6.4 Africa
7. Emerging Industry Trends
8. Regulatory Environment
9. Industry Restraints and Recommendations
9.1 Counterfeit Drugs
9.2 Lack of Promotional Initiatives
9.3 Quality Issues
10. Competitive Landscape
10.1 Industry Structure
10.2 Key Players
10.2.1 Ranbaxy
10.2.2 Cipla Ltd.
10.2.3 Jubilant
10.2.4 Sun Pharmaceuticals
10.2.5 Zydus Cadila
10.2.6 Dr. Reddy’s Laboratories
10.2.7 Lupin Ltd.
10.2.8 Aurobindo Pharma
10.2.9 Glenmark Pharma
10.2.10 Piramal Healthcare
List of Figures:
Figure 4-1: Drugs and Pharmaceutical Export (Billion INR),
FY 2005 to FY 2010
Figure 5-1: Pharmaceutical Market (Billion INR), FY 2009 to
FY 2013
Figure 5-2: Generics Market (Billion INR), FY 2009 to FY
2013
Figure 5-3: Share of Generics in Pharmaceutical Market
(FY 2010)
Figure 6-1: Global - Forecast for Generics Market by
Region (%), 2013
Figure 6-2: Market Share of Indian Companies in US
Generics Sector (2008-2010)
Figure 6-3: US - Patent Expiries (Billion US$), 2011-2015
List of Tables:
Table 4-1: Blockbuster Drugs Going Off-patent Globally
(2011-2015)
Table 7-1: Key M&A in the Generics Market
Table 10-1: Ranbaxy - Strengths and Weaknesses
Table 10-2: Cipla Ltd. - Strengths and Weaknesses
Table 10-3: Jubilant - Strengths and Weaknesses
Table 10-4: Sun Pharmaceuticals - Strengths and
Weaknesses
Table 10-5: Zydus Cadila - Strengths and Weaknesses
Table 10-6: Dr. Reddy’s Laboratories - Strengths and
Weaknesses
Table 10-7: Lupin Ltd. - Strengths and Weaknesses
Table 10-8: Aurobindo Pharma - Strengths and Weaknesses
Table 10-9: Glenmark Pharma - Strengths and Weaknesses
Table 10-10: Piramal Healthcare - Strengths and
Weaknesses
Other selected research from the 'India' category:
Indian Contract Manufacturing - A Hot Opportunity
Indian Pharmaceutical Industry
Other selected research from the 'Drugs' category:
Proteins in Oncology Drug Pipeline Update 2012
IL-3 Signaling Pathway in Oncology Drug Pipeline Update 2012
Other selected research from the 'Generic Drugs' category:
Antihypertensives Market to 2016 - Generic Erosion Following Patent Expiry of Major ARBs to Impact the Market
Stakeholder Opinions: Diabetic Renal Disease