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It is the world’s largest supplier of generic medicine, in terms of volume with a 20% market share. According to the Economic Survey 2023, India’s domestic pharmaceutical market was estimated at $41 billion. As per IQVIA report, the global medicinemarket is expected to reach USD 1.9 Reddy's - Interest Coverage 18.3
Going forward, a variety of factors including higher volumes, new treatments in Oncology & Immunology, adoption of speciality medicines, the negative impact of evolving lifestyles and food habits, improvements in healthcare access, increasing disposable income, and growing insurance coverage will be key growth drivers of the pharma industry.
Wright: And to that, I would say part of that is just because our industry is relatively new compared to medicine, medicine, centuries years old, financial planning really… 0:39:26.1 Robert is also an Instructor of CFP® Coursework for the College of Financial Planning Online and on Campus at Kennesaw State University.
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