India's domestic pharmaceutical industry's annual turnover reached over 42 billion U.S. dollars in 2021. In 2018, the India pharmaceutical market was valued at 18 billion U.S. dollars. The pharma industry in the country has been doing well despite a fluctuating economy. There was a 9.8 percent year-on-year growth rate recorded in the market in 2019 compared to 2018.
Annual turnover of Indian pharmaceutical market from 2015 to 2021, with estimates until 2030 (in billion U.S. dollars)
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India Brand Equity Foundation. (July 31, 2023). Annual turnover of Indian pharmaceutical market from 2015 to 2021, with estimates until 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1037947/india-pharmaceutical-market-annual-turnover/
India Brand Equity Foundation. "Annual turnover of Indian pharmaceutical market from 2015 to 2021, with estimates until 2030 (in billion U.S. dollars)." Chart. July 31, 2023. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1037947/india-pharmaceutical-market-annual-turnover/
India Brand Equity Foundation. (2023). Annual turnover of Indian pharmaceutical market from 2015 to 2021, with estimates until 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1037947/india-pharmaceutical-market-annual-turnover/
India Brand Equity Foundation. "Annual Turnover of Indian Pharmaceutical Market from 2015 to 2021, with Estimates until 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Jul 2023, https://www.statista.com/statistics/1037947/india-pharmaceutical-market-annual-turnover/
India Brand Equity Foundation, Annual turnover of Indian pharmaceutical market from 2015 to 2021, with estimates until 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1037947/india-pharmaceutical-market-annual-turnover/ (last visited June 01, 2024)
Annual turnover of Indian pharmaceutical market from 2015 to 2021, with estimates until 2030 (in billion U.S. dollars) [Graph], India Brand Equity Foundation, July 31, 2023. [Online]. Available: https://www.statista.com/statistics/1037947/india-pharmaceutical-market-annual-turnover/