India
Development of the Indian OTC and Pharma market
India has a huge OTC and Pharma market and is amongst the biggest markets in the world. The exponential growth of this market may be worth considering for your business.
India is the largest provider of generic drugs globally. The Indian Consumer health and pharma sector supplies over 50% of global demand for various vaccines, 40% of generic demand in the US, and 25% of all medicine in the UK. Globally, India ranks 3rd in terms of self-medication and Rx production by volume and 14th by value. The domestic healthcare industry includes a network of more than 5,000 drug companies and ~10,500 manufacturing units. The OTC & Pharma Market should reach USD 83.20 Billion in 2040 in ex-factory, according to Chameleon Pharma Consulting Group forecasts.
At Chameleon Pharma Consulting Group, we help European market entry for clients from Asia through consulting on Regulatory topics, GMP Certificates, and Market Entry Scenarios. Contact us for more details!
Development of the Indian OTC and Pharma market
India has a huge OTC and Pharma market and is amongst the biggest markets in the world. The exponential growth of this market may be worth considering for your business.
India is the largest provider of generic drugs globally. The Indian Consumer health and pharma sector supplies over 50% of global demand for various vaccines, 40% of generic demand in the US, and 25% of all medicine in the UK. Globally, India ranks 3rd in terms of self-medication and Rx production by volume and 14th by value. The domestic healthcare industry includes a network of more than 5,000 drug companies and ~10,500 manufacturing units. The OTC & Pharma Market should reach USD 83.20 Billion in 2040 in ex-factory, according to Chameleon Pharma Consulting Group forecasts.
At Chameleon Pharma Consulting Group, we help European market entry for clients from Asia through consulting on Regulatory topics, GMP Certificates, and Market Entry Scenarios. Contact us for more details!
The Indian OTC and pharma market in 2040
USD 83.20 Billion
OTC and pharma market size, ex-factory
7-9%
OTC and pharma market growth
India in numbers
Total population
Male/Female
Population growth
Birth rate
Mortality rate
Life expectancy
Interested in this market?
We are ready to support you in Strategy, Marketing, Systematic International Company Partner Identification, Commercial Due Diligence, Business Development, Acquisition Search, Regulatory projects, and more in order to ensure your growth.