Pharma Packaging Market Grows with Innovation and Sustainability Focus

The global pharmaceutical packaging market is consistently expanding due to the demand for more innovative packaging that improves drug effectiveness while integrating sustainable packaging solutions. The Global Pharmaceutical Packaging Market is...

Pharma Market Up 9.9% in Value, 3.1% in Volume for November

The Indian pharmaceutical market (IPM) saw an increase of 9.9% in value and 3.1% in volume in November, as per Pharmarack. Following a lackluster volume growth for four months, November emerged as a favorable month for the sector, suggesting an...

India's CDMOs & CROs Set to Advance Growth Amid Positive Market Momentum

The expansion of Indian CDMOs and CROs will accelerate because of the generally positive environment. As per Mordor Intelligence, the contract manufacturing sector is expected to double within the next five years, reaching $44.63 billion...

Indian Pharma Soars 9.9%, Powered by Pricing and New Launches

The Indian pharmaceutical market showed a growth of 9.9% year-on-year in November 2024, compared to an average growth of 6.0% year-on-year during the July-October period (which was up 2.9% YoY in November 2023). The overall increase during the...

India Emerges as Asia's 4th Largest Medical Devices Market with 15% CAGR

The medical devices market ranks as the fourth largest in Asia, following Japan, China, and South Korea, and is among the top twenty medical devices markets globally, expanding at a compound annual growth rate (CAGR) of 15 percent. The production...

Obesity Market Boom Propels Major Pharma firms to Global Top-Tier Status

The rising global demand for weight-loss drugs has propelled major pharmaceuticals firms Eli lilly and Novo Nordisk among the world's most valuable companies as they aggressively compete in the obesity market that analysts predict could cross $100...

Union Govt Approves 15,000 Crore PLI Boost for Pharma Manufacturing

The Union government has sanctioned a financial allocation of Rs 15,000 crore for the Production Linked Incentive (PLI) scheme in pharmaceuticals, intended to enhance domestic production. In a written response to Lok Sabha, Union Minister of State...

India's Indigenous Antibiotic to Combat AMR Highlights Pharma Progress

The arrival of nafithromycin, the nation’s initial homegrown macrolide antibiotic currently waiting for final endorsement from the Central Drugs Standard Control Organization (CDSCO), will mark a crucial moment in the battle against antimicrobial...

Blockchain and IoT Revolutionize the Clinical Trial Supplies Market

The Clinical Trial Supplies market is driven by advanced technologies like blockchain and IoT in supply chain management. The market is projected to increase from US$2.70 Bn in 2024 to US$4.79 Bn by 2033, achieving a CAGR of 6.58% throughout the...

Generic Pharma Booms as Demand Fuels Growth and Innovation

The market for generic pharmaceuticals is experiencing notable expansion driven by the rising demand for affordable medications and advancements in drug production. Most generic medications fall under the category of prescription drugs. According...

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