Sudhakar Singh, Managing Editor
The market of injectable drugs in India is on the rise with many factors contributing to the promising growth rate. This is because it is occasioned by new diseases, increasing cases of chronic diseases, increased population age, and the need to improve the treatment processes. The movement from disease orientation to biologics and targeted therapies as well as improvement in the drug delivery systems is transforming the injectables market in India. This growth is attributed to the improvement of the healthcare sector in India and the availability of the health facilities. With the increased establishment of hospitals and specialized clinics, there is a higher demand for injectable products particularly for diabetes, cancer, and autoimmune diseases. Furthermore, the government’s awareness of the need to promote the healthcare standards and its initiatives are driving this sector forward.
The other factor is the growth in the density of health concern and the emerging pattern of using injectable products for self-treatment. This is because of advancements in the systems of drug delivery such as the pre-filled syringes and auto-injectors which are more efficient. Further, the research and development units of the Indian pharmaceuticals are also improving the development of new injectable drugs. India is not only meeting the domestic demand but exporting biosimilars and novel biologics as it has a good pipeline of products.
Keeping tabs on this market, India Pharma Outlook has shortlisted the select few companies from this sector that have exhibited an unrelenting pursuit of excellence. By proving their dedication to fulfilling customer expectations and contributing to the market’s evolution through their innovative disposition, these firms are blazing a trail.
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