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0 0 0.000885291513848402 0.000885291513848402 0 0.00252940432528143 0.00265587454154539 0.00423675224484626
Stock impact report

India Pharmaceutical Industry Research 2024: $105+ Billion Market Trends, Regional Insights, Competition, Forecasts and Opportunities, 2020-2030 [Yahoo! Finance]

Dr. Reddy's Laboratories Ltd (RDY) 
US:NYSE Investor Relations: drreddys.com/investors
Company Research Source: Yahoo! Finance
and Opportunities, 2020-2030F" report has been added to ResearchAndMarkets.com's offering. India Pharmaceutical Market was valued at USD 65.20 Billion in 2024 and is expected to reach USD 106.67 Billion by 2030 with a CAGR of 8.75% This expansion is largely attributed to the country's robust domestic market and its prominence as a global hub for pharmaceutical manufacturing and innovation. The domestic market benefits from a growing middle class, increased healthcare awareness, and significant government initiatives aimed at improving healthcare access and infrastructure. For instance, programs like the Pradhan Mantri Jan Arogya Yojana (PMJAY) are designed to provide health coverage to economically disadvantaged segments, thereby boosting demand for pharmaceuticals. In addition to domestic growth, India has established itself as a major player in the global pharmaceutical industry, particularly through its export of generic medicines. Indian pharmaceutical companies supply over Show less Read more
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