India Generic Pharmaceuticals Market Size & Outlook
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India generic pharmaceuticals market highlights
- The India generic pharmaceuticals market generated a revenue of USD 14.6 million in 2020 and is expected to reach USD 31.2 million by 2028.
- The India market is expected to grow at a CAGR of 9.9% from 2021 to 2028.
- In terms of segment, simple generic was the largest revenue generating type in 2020.
- Biosimilars is the most lucrative type segment registering the fastest growth during the forecast period.
Generic pharmaceuticals market data book summary
| Market revenue in 2020 | USD 14.6 million |
| Market revenue in 2028 | USD 31.2 million |
| Growth rate | 9.9% (CAGR from 2020 to 2028) |
| Largest segment | Simple generic |
| Fastest growing segment | Biosimilars |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Simple Generic, Specialty Generics, Biosimilars |
| Key market players worldwide | Teva Pharmaceutical Industries Ltd, Viatris Inc, Novartis AG ADR, Sun Pharmaceutical Industries, Lupin, AbbVie Inc, AstraZeneca PLC, Sawai Group Holdings Co Ltd, Hikma Pharmaceuticals PLC, Dr Reddy's Laboratories Ltd ADR, Cipla Ltd DR, Sanofi SA, Aurobindo Pharma, Endo Pharmaceuticals |
Other key industry trends
- In terms of revenue, India accounted for 4.7% of the global generic pharmaceuticals market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, Japan generic pharmaceuticals market is projected to lead the regional market in terms of revenue in 2028.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 42.4 million by 2028.
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Generic Pharmaceuticals Market Scope
Generic Pharmaceuticals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sawai Group Holdings Co Ltd | View profile | 3739 | 5-2-30, Miyahara, Yodogawa-ku, Osaka, Japan, 532-0003 | https://global.sawaigroup.holdings |
| Hikma Pharmaceuticals PLC | View profile | 2150 | 1 New Burlington Place, London, United Kingdom, W1S 2HR | https://www.hikma.com |
| Endo Pharmaceuticals | View profile | 1001-5000 | Ballsbridge, Dublin, Ireland, Europe | http://www.endo.com |
| Viatris Inc | View profile | 38000 | 1000 Mylan Boulevard, Canonsburg, PA, United States, 15317 | https://www.viatris.com |
| AstraZeneca PLC | View profile | 89900 | 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AA | https://www.astrazeneca.com |
| Sun Pharmaceutical Industries | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.sunpharma.com |
| Aurobindo Pharma | View profile | 10001+ | Hyderabad, Andhra Pradesh, India, Asia | http://aurobindo.com |
| Lupin | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | https://www.lupin.com |
| Cipla Ltd DR | View profile | 38955 | Ganpatrao Kadam Marg, Cipla House, Peninsula Business Park, Lower Parel, Mumbai, MH, India, 400 013 | https://www.cipla.com |
| Sanofi SA | View profile | 87994 | 46, avenue de la Grande Armée, Paris, France, 75017 | https://www.sanofi.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
| Dr Reddy's Laboratories Ltd ADR | View profile | 22822 | 8-2-337, Road No. 3, Banjara Hills, Hyderabad, TG, India, 500 034 | https://www.drreddys.com |
| Teva Pharmaceutical Industries Ltd | View profile | 37851 | 124 Dvora HaNevi’a Street, Tel Aviv, Israel, 6944020 | https://www.tevapharm.com |
| Novartis AG ADR | View profile | 76057 | Lichtstrasse 35, Basel, Switzerland, 4056 | https://www.novartis.com |
India generic pharmaceuticals market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to generic pharmaceuticals market will help companies and investors design strategic landscapes.
Simple generic was the largest segment with a revenue share of 73.97% in 2020. Horizon Databook has segmented the India generic pharmaceuticals market based on simple generic, specialty generics, biosimilars covering the revenue growth of each sub-segment from 2018 to 2028.
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Our clientele includes a mix of generic pharmaceuticals market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India generic pharmaceuticals market , including forecasts for subscribers. This country databook contains high-level insights into India generic pharmaceuticals market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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India generic pharmaceuticals market size, by type, 2018-2028 (US$M)
India Generic Pharmaceuticals Market Outlook Share, 2020 & 2028 (US$M)
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