Bionisa Life Sciences is an organization formed under the Ministry of Corporate Affairs in India with the objective to carry on business as manufacturer and distributor of bulk drugs and pharmaceutical products of every description. we not only promote the manufactured pharmaceutical products in domestic market but also globally.
We operate as a pharmaceuticals export firm under the Pharmaceutical export council of India and carry on business with all global countries especially African countries. We are also Marketing our own brand in domestic market.
Indian Pharmaceutical Market an overview
There has been Phenomenal growth in the Pharmaceutical industry in the recent years. The rise is mainly due to the rise in consumption levels in the country. Our products have been off late having strong demand from export markets. As per research data India stands among the top five Pharmaceutical emerging markets in the world. The market is expected to grow at a compound annual growth rate (CAGR) of 14-17% over 2012-2016.
The total revenues of the market stood at US$ 11 billion and by 2020 the revenues of the market are estimated to reach US$ 74 billion. Demand from the exports market has been growing rapidly due to the capability of Indian players to produce cost-effective drugs with world class manufacturing facilities. At the projected scale, this market will be comparable to all developed markets other than the US, Japan and China.
Indian Pharmaceuticals - Highlights
Fast growing Pharma producer, India pharma industry accounts for 1.4% and 10% in terms of volume of the global pharma industry.The IPI (Indian Pharmaceutical Industry) revenue is expected to expand at a CAGR of 17.8 % during 2008-16 and reach USD36 billion. Rapid growing healthcare sector: By 2015, the healthcare sector is expected to reach USD 100 billion from the current USD65 billion.
Growing Generic Market: The generic market is expected to grow to USD26.1 Billion by 2016 from current USD11.3 billion in 2011; India generics Market has immense potential for growth
Ranked 5th in terms of attracting FDI: Attracted 5% of the total FDIs into India from April 2000 to March 2013. Keeping the above data in mind we have planned our business approach in such a way that we have concentration on both the domestic and International markets.