Indian pharma market registers 9.5% growth in March

April 9, 2024 admin Leave a reply Post Comment

(20 second reading) The Indian pharmaceutical market (IPM) reported a 9.5 percent increase in March. The IPM has shown a robust value growth with all therapies showing a positive value growth except respiratory.

Across therapy segments, the unit growth was -0.7 percent, according to data from research firm Pharmarack. While most of the corporates have shown double digit value growth, unit growth remains a challenge. The growth in sales in March was primarily contributed by value growth and new introductions.