Latest Articles in growth
Indian Pharma To Grow By 6-8% In FY24, Aided By Price Hikes In NLEMs: ICRA
The agency stated that the IPM witnessed a YoY growth of 7.7 per cent in 9M FY2023 supported by a price growth of 6.8 per cent and growth of 2.3 per cent from new product introductions, while volumes declined by 1.2 per cent. ICRA predicts that price increases will remain the primary growth driver f
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Pricing Pressures, Regulatory Overhangs May Slow Growth Of Pharma Companies In FY23: Report
As for operating margins, after contracting by 110 bps to 21.5 per cent in FY2022, they are expected to contract further by 50- 100 bps in FY2023 due to high input costs during H1 FY2023 and continued pricing pressures in key markets of the US and Europe
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2023 Boom Year For Medical Tourism
2023 is expected to be a booming year for medical tourism. Pent up demand, inflation increasing cost of treatments in the western countries, and the Ukraine-Russia war driving more patients from both countries for treatments to India, are key factors because of which this sector is expected to grow
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Indian Healthcare Outlook For 2023
With the increase in meditourism, the Indian healthcare sector is expected to grow and reach a size of $50 billion by 2025. Notably, the global medical tourism industry is estimated to be worth approximately $72 billion, which indicates that India is a leading meditourism destination
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Indian Medical Devices Can Be Global Leader In Next 25 Yrs: Mandaviya
The Union Minister emphasised that India has the potential to be one of the top 20 global medical device markets in a short span of time and urged the Indian Medical Devices Industry to work with an aim to emerge as the global leader in the manufacturing and innovation of medical devices
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India’s Preventive Healthcare Sector To Touch $197 Bn By 2025: Report
More than 40 preventive healthcare technology startups have raised approximately USD $1 Bn in funding over the last three years to tap the preventive health opportunity across segments such as nutrition management, condition management, lifestyle monitoring, health checkups, and mental and physical
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