According to the latest report by IMARC Group, titled “India Generic Injectables Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The India generic injectables market reached a value of US$ 2.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2027, exhibiting a CAGR of 12.8% during 2022-2027.
Market Overview:
Generic injectables represent alternative drugs that are bio-equivalent of their branded counterparts in terms of strength, quality, effectiveness, active ingredients, intended use, dosage, etc. In addition to this, as compared to innovator drugs, they offer maximized patient compliance, reduced frequency of drug delivery, limited price erosion, higher profitability for manufacturers, etc. Consequently, generic injectables are extensively utilized to treat several life-threatening and chronic diseases, such as cancer, diabetes, rheumatoid arthritis, cardiovascular ailments, respiratory infections, etc.
Request Free Sample Report: https://www.imarcgroup.com/india-generic-injectables-market/requestsample
India Generic Injectables Market Trends and Drivers:
The expanding geriatric population who are susceptible to developing numerous medical ailments, including septicemia, influenza, pneumonia, etc., is among the key factors stimulating the India generic injectables market. Moreover, the increasing occurrence of chronic disorders, on account of the growing pollution levels and hectic schedules, changing dietary patterns, and the sedentary lifestyles of individuals, is acting as another significant growth-inducing factor. Besides this, the launch of favorable policies undertaken by government bodies in India to support leading manufacturers and sellers is catalyzing the market growth. Furthermore, various technological advancements in drug delivery systems, such as the introduction of self-injection devices, are also propelling the market growth across the country. Apart from this, the rising number of health insurance companies and the expiry of patents of branded drugs are further augmenting the market growth. Additionally, the development of 3D printing technology by key market players that helps in producing these medicines with varying release dates and tastes and continuous improvements in healthcare facilities are anticipated to fuel the India generic injectables market over the forecasted period.
India Generic Injectables Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
The report has segmented the market on the basis on region, therapeutic area, container and distribution channel.
Breakup by Therapeutic Area:
Breakup by Container:
Breakup by Distribution Channel:
Breakup by Region:
Key highlights of the report:
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-generic-injectables-market
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Top Trending Reports (Book Now with 10% Discount):
India Caustic Potash Market Report
India Health and Wellness Market Report
India Digital Camera Market Report
India Dog Food Market Report
India Electric Vehicle Charging Station Market Report
India E-Commerce Market Report
India Luxury Car Market Report
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group