Abstract
The report "Booming Biotech Market in India" by RNCOS provides an exhaustive
overview of the biotechnology market in India. It provides a detailed account
of the factors that define the structure and composition of the Indian
biotechnology market, making it one of the world' s most potential markets.
The report provides comprehensive information on the market size, structure,
domestic consumption, exports, key segments, investment, manpower, market
share of key players, drivers, restraints and present and future trends of the
biotechnology market in India.
The research findings help identify the difference between the biotechnology
market in India and the US and European markets in terms of factors like
structure and composition, R&D, level of commercialization, and association
between industry and academia that make India a preferred destination. Thus,
it provides valuable information to pharmaceutical/biotech companies and
investors looking to foray into the Indian market and help them devise
strategies according to the Indian market.
Key Findings
- The Indian biotechnology market, valued at INR 112.6 Billion (US$ 2.86
Billion) in 2007-08, is projected to hit a CAGR of 30% in near future.
- Exports presently dominate the Indian biotechnology market, with
bioservices and bioinformatics in particular being export driven industries.
- Biopharma remains India' s biggest sector accounting for nearly 70% of the
total revenues in 2007-08. By 2012-13, the sector is expected to be worth INR
224.13 Billion (US$ 5.7 Billion).
- The bioagriculture sector, driven by the sales of BT cotton, is the
industry' s fastest growing sector. Commercial approval of more transgenic
plants is likely to push further growth in this sector.
- Strong R&D capability and a large patient pool for clinical trials are
expected to make the bioservices sector amongst the most potential sectors in
the Indian biotechnology market.
- Filliped by the surge in both R&D and production, the future of the
biosupplier industry looks bright.
Key Issues & Facts Analyzed
- Evaluation of past, current and future market trends.
- Market analysis by segment.
- Discussion about the major drivers of the biotechnology market.
- Analysis of the opportunities created by the market.
- Analysis of the major challenges faced by the market.
Key Players
This section provides the overview and key financial information on leading
players in the Indian biotechnology industry, like Biocon, Serum Institute of
India, Shantha Biotechnics, Bharat Serums & Vaccines, etc.
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade journals, and white
papers, industry portals, government agencies, trade associations, monitoring
industry news and developments, and through access to more than 3000 paid
databases.
Analysis Methods
The analysis methods include ratio analysis, historical trend analysis, linear
regression analysis using software tools, judgmental forecasting and cause and
effect analysis.
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