Aditya Birla Sun Life Mutual Fund

Indian Pharma and Healthcare Industry: Making of a Behemoth

Jul 05, 2019
2 mins | Views 12110

Indian Pharmaceutical Industry has The Twin Engines of Growth

Domestic Growth: To touch US $57 billion in 2030 growing @ 10% -12%1

Export Surge: To touch US $44 billion in 2030 growing @ 8% - 10%2

Factors fuelling the engines:


    Domestic Growth Drivers

  • Rising in Life Expectancy3

  • US $200 bn is expected to be spent on Medical Infrastructure by 2024 4

  • Increasing Health Insurance Penetration

  • Rising Private & Government Healthcare Spending.

  • Introduction of “Ayushman Bharat”, the largest Healthcare scheme in the world5

    Export Growth Drivers

  • Pharmergence - Emerging countries accounts for 24% of Global Pharma Market6

  • India - largest producer of the Generic Medicines Globally

  • Over 80% of world’s Antiretroviral (AIDS) Drugs supplied by India7

  • Approx. 40% lower cost of production in India vis-a-vis China and Eastern Europe8

  • India on its way to become the World’s one-stop-shop for Contract research and manufacturing services (CRAMS)9

Changing facet of Healthcare in India

  • Emergence of Private Hospitals as Mass Caregivers.10

  • Rapid expansion & consolidation of Diagnostics Market.

  • Rising customization & at-home provision of Diagnostics & Disease Management

  • Emergence of Health-tech Start-ups

  • Rising trend of Wellness, Good living & Grooming increasing the demand for Therapeutic, Cosmeceutical & Derma products

Two-pronged transformation of Healthcare landscape by integrating the Pharma ‘Manufacturing’ and ‘Healthcare Services’ in India.

Welcome to the New Dawn of Pharma & Healthcare Industry.

Aditya Birla Sun Life Pharma & Healthcare Fund - An open-ended equity scheme investing in Pharma and Healthcare Services Sector Click here to know more

Sources:

https://www.ibef.org/industry/indian-pharmaceuticals-industry-analysis-presentation

2 https://www.ibef.org/industry/indian-pharmaceuticals-industry-analysis-presentation

3 https://www.worldlifeexpectancy.com/india-life-expectancy

4 https://www.investindia.gov.in/sector/healthcare

5 https://www.ibef.org/industry/healthcare-india/infographic

6 https://www.marketwatch.com/press-release/healthcare-global-market-report-2018-2018-09-17

7 https://www.ibef.org/ind5ustry/pharmaceutical-india.aspx

8 http://ficci.in/spdocument/22944/india-pharma-2018-ficci.pdf

9 http://ficci.in/spdocument/22944/india-pharma-2018-ficci.pdf

10 https://www.ibef.org/download/Healthcare-January-2017.pdf

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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