The medical industry is the fastest growing industry in India that provides evergreen opportunities. Indian pharmaceutical sector supplies over 50 percent of the global demand for various vaccines. The spending on medicines is expected to increase at 9-12 percent CAGR between 2018-2022 to US$26-30b billion that has been driven due to the consumer spending, rapid urbanization, and raising healthcare insurance among others. Over the last decade, the pharmaceutical sector has marked tremendous growth and brought innovations to the healthcare center of India. Being ranked as the third largest market in the Indian industrial sector, the pharmaceutical provides growth opportunities to all those who are looking for Business development in this sector. The largest companies like Sun Pharma, Lupin, Cipla and Dr. Reddy' lab has occupied 70-80 % of the pharmaceutical market space. Expected to grow at the faster pace, this industry is predicted to be the six-largest market globally by 2020.
List of Pharma Manufacturing companies playing a key role in developing the Indian Pharma industry:
Sun-Pharmaceutical industry
Founded in 1983, this company that is the largest Pharmaceutical Company in India that has a market capitalization of Rs.2, 01,706.41 crores. Touching the human lives globally, this company manufactures and sells its medicines in over 150 countries, this leading company manufacturers over 2000 products. By the year 2015, this company has reported revenue of US$4.1 billion. The Sun Pharma is the market leader in psychiatry, neurology, cardiology, orthopedics, gastroenterology, and Nephrology.Cipla Ltd.
Founded in 1935, Cipla has a 34 State-of-the-art manufacturing potential and laboratories in 8 locations in India. As of the year 2017, has a turnover of US$2.01billion. Specialized in selling anti retro viral drugs, this company has expanded in over 170 countries. It is ranked as India’s fourth-largest company that has a market capitalization of worth Rs.47, 025.38 crores on 15 June 2015.Lupin Pharma
Headquartered in Mumbai, this multinational company is one of India's leading Pharmaceutical companies. This company is the world leader that manufactures and sells a variety of generic and branded drugs. Besides developing anti-tuberculosis products, this company specializes in availing medications such as cardiovascular, anti-asthma, anti-diabetic, anti-invective, gastrointestinal and central nervous system drugs.Glenmark
Glenmark is the other leading name that is among the world's top 100 pharmaceutical companies and the among the top Indian Pharmaceutical companies. Successfully owns 14 manufacturing facilities in four countries and has six research and development R and D centers, this is one of the leading name in Pharma manufacturers. Founded in 1977, this leading company works for the segments such as diabetology, dermatology, ENT, internal medicine, gynecology, and pediatrics.Aurbindo Pharma
This Pharma Manufacturing Company headquartered in Hyderabad markets its products in over 125 countries. The major product areas this company includes antibiotics, anti-retro viral, cardiovascular products, central nervous system products, Gastroenterology, and anti-allergic. Being ranked as the fifth largest company in India this company has a market capitalization of Rs.37, 28176 crores by the year 2015. Began its export in 1992, this company acquire more than 70 percent of its revenue out of International operations.Pharma Professionals Planning to start Pharma Marketing Company or interested in taking PCD Pharma Franchise Check out India's #1 Pharma B2B Marketplace to find & Connect with top 10 Pharma Companies offers PCD Franchise Monopoly basis for wide range of CGMP products in India. Pharma Marketing Companies has an opportunity to Connect with Best Pharma & Bio analytical Service providers for , Clinical testing, WHO-CGMP Pharma Third Party Manufacturing or other Pharma Services in India
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