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Pharmaceutical distribution complexities and opportunities of rural India.

Pharmaceutical distribution complexities and opportunities of rural India.

Indian Pharmaceutical market is growing very rapidly, is the 3rd largest in terms of volume and 13th largest in terms of value. The Indian Pharmaceutical market increased at a CAGR of 17.46% in 2015 from US$ 6 billion in 2005 and is expected to expand at a CAGR of 15.92 per cent to US$ 55 billion by 2020.By 2020, India is likely to be among the top three pharmaceutical markets by incremental growth and sixth largest market globally in absolute size. Here are some of the statistics as a evidence of groth of overall Pharma industry.