Pharmaceutical Industry

The Indian pharmaceuticals market is third prime in terms of volume and thirteen largest in terms of value, as per a pharmaceuticals sector study report. The market is dominated majorly by branded generics which constitute nearly 70 to 80 per cent of the market. Considered to be a highly fragmented industry, consolidation has increasingly become an important feature of the Indian pharmaceutical market.

The Indian pharmaceutical industry is estimated to grow at 20 per cent compound annual growth rate (CAGR) over the next five years, as per India Ratings, a Fitch Group company. Indian pharmaceutical manufacturing facilities registered with US Food and Drug Administration (FDA) as on March 2014 was the highest at 523 for any country outside the US.

We expect the domestic pharma market to grow at 10-12 per cent in FY15 as compared to 9 per cent in FY14, as per a recent report from Centrum Broking. The domestic pharma growth rate was 11.9 per cent in October 2014.

Gujarat clocked the highest growth rate in pharmaceuticals market at 22.4 per cent during November 2014, surpassing the industry growth rate, which grew by 10.9%. Also, growing at an average rate of about 20 per cent, India's biotechnology industry comprising bio-pharmaceuticals, bio-services, bio-agriculture, bio-industry and bioinformatics may reach the US$ 7 billion mark by the end of FY15, according to an industry body. Biopharma is the largest sector contributing about 62 per cent of the total revenue, with revenue generation to the tune of over Rs 12,600 crore (US$ 2.03 billion). The bio-pharma sector comprises vaccines, therapeutics and diagnostics.

Healthcare

Healthcare has become one of India's major sectors - both in terms of revenue and employment. The industry comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. The Indian healthcare industry is growing at a tremendous pace due to its strengthening coverage, services and increasing expenditure by public as well private players.

According to estimates, the overall Indian health care market today is US$ 65 billion, of which the hospital supplies and health care equipment segment is believed to be only around US$ 4.5-5 million. Health care delivery, which includes hospitals, nursing homes and diagnostics centres, and pharmaceuticals, constitutes 65 per cent of the overall market.

The Indian medical tourism industry is pegged at US$ 1 billion per annum, growing at around 18 per cent and is expected to touch US$ 2 billion by 2015.

 

There is a significant scope for enhancing healthcare services considering that healthcare spending as a percentage of GDP is rising. Rural India, which accounts for over 70 per cent of the population, is set to emerge as a potential demand source. Only three per cent of specialist physicians cater to rural demand.

We are serving on different projects in Pharma & Healthcare Ind. that’s as follows:

HR Head	National Sales Manager	Production Executive
Export Co-ordinator	Chemist	Purchase Assistant
QA/QC Officer	Business Development Officer	Accountant
Purchase Manager	Sr. Manager - Procurement	R&D Engineer
Product Manager	Design Engineer	Export Documentation Executive
Receptionist	Secretary	Store Executive
SCM – Manager	Public Relation Manager	Customer Service Executive
Radiologist	Pathologist	MIS Executives
GM-Administration	Material Manager	Lab Technician
Cardiologist	QA-Officer	All India Sales Head
Area Sales Manager	ASM-West	Asst. Manager - Branding & Promotion
Business Head	Corporate Sale Manager	Customer Relationship Manager
Marketing Manager - Branding & Corporate Communication	Sales Executive	Sr. Manager Corporate Sales
Asst Manager Operations	Center Head	Center Manager
COO	GM Operations	VP – Operation
Executive Assistant to MD	In house Hardware & Networking Engineer	MD Physician
Manager-CMS	Consultant Radiologist