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...
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...
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...
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...
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...
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...
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...
The pharmaceuticals industry, along with mobile phones and food processing, demonstrated robust performance since these three together constitute more than 75 percent of all jobs generated. According to an Indian Express report referencing RTI...
The segment of medical devices is expected to grow the quickest in the Nano Biotechnology Market. With the progress of medical technology, the incorporation of nano-engineered materials in diagnostic equipment, wound care products, and biosensors...
The growth of the Marine Derived Pharmaceuticals Market is fueled by heightened investments in marine biotechnologies and the growing need for innovative natural medicines sourced from marine life, including sponges, corals, and deep-sea bacteria...
, CDSCO.jpg)
