India's Dialysis Market Faces High Costs with 3% APAC Share

The dialysis machines sector in India makes up around 3% of the Asia Pacific market, with the majority of machines being imported, leading to increased expenses. GlobalData reported that the market is expected to reach $14 million by 2033 due to...

Innovation and Biopharma Research Fuel Growth in Specialty Pharma Market

Continuous innovation and biopharmaceutical research are driving growth in the specialty pharmaceutical market. The industry's dedication to creating innovative treatment choices plays a crucial role in achieving better disease targeting with...

Lubrizol Expands Medical Tubing Production Five-Fold for Global Export

The production facility of Lubrizol in India will expand its production of medical tubing by five times, improving availability of life-saving medical tubing locally and for global markets through exports. The collaboration will result in the...

Shanghai Pharma Leads China's Drug Market with $37 Billion Revenue

Shanghai Pharmaceuticals is the biggest drug importer in China and the second largest distributor of pharmaceuticals. Shanghai Pharmaceuticals generates $37 billion in total revenue and produces medications for cancer, diabetes, cardiovascular...

India's Pharma Industry to Hit $65B by 2024, Set to Double by 2030

India’s pharma industry is on an impressive growth trajectory, expected to reach $65 billion by 2024 and to double to $130 billion by 2030. CPHI & P-MEC India exemplifies this growth by connecting global and domestic stakeholders to showcase...

Aptar Empowers Indian Pharma with Inhalers, Nasal Sprays for Global Markets

Aptar is assisting Indian pharmaceutical firms in the launch of inhalers and nasal sprays for both local and export markets. Aptar is the top global supplier of inhalation devices, essential for administering medications used to manage respiratory...

Global Pharma Supplies $320.8 Billion in Clinical Research Medicines in 2023

In 2023, international pharmaceutical firms supplied clinical trial medications to local patients valued at approximately 320.8 billion. The overall quantity of clinical trials carried out that year was 1,723, reflecting a 7.7 percent rise...

AstraZeneca's US Investments Propel $80 Billion Revenue Goal by 2030

The US investments mark the initial phase of significant actions aimed at supporting AstraZeneca's goal of reaching $80 billion in overall revenue by 2030, as outlined in May of this year. An essential aspect of our approach is hastening the...

Price Drives Cardiac Growth in India's Top 10 Pharma Therapies

Among the leading 10 therapies that account for over 90% of the Indian pharmaceutical market, price was the key factor in the expansion of the cardiac sector. The anti-hypertensive medications, comprising nearly 50% of the cardiac sector, are...

India Ranks as Asia's 4th Largest Medical Devices Market, Eyes $50B by 2030

India is presently the fourth largest medical device market in Asia, boasting an industry valued at USD 14 billion and exports totaling USD 3.7 billion. The MedTech program is expected to assist local manufacturers in expanding the market value to...

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