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    Indian pharma grows at 9.5% CAGR in last five years

    BT NewsFlicks

    Indian pharma grows at 9.5% CAGR in last five years

    • 1/5

    India is among top 10 nations in pharma spending globally. In value terms, it is one of the top 3 and growing at a fast pace due to its population size, increasing chronic diseases, and rising healthcare facilities.
    SHIVANI SHARMA, PRAGATI SRIVASTAVA

    • 2/5

    Indian pharma has grown at 9.5% CAGR over the past five years despite multiple challenges such as policy changes, demonetisation and GST rollout.

    • 3/5

    Indian pharma has been consistently growing in double digits in recent years.

    • 4/5

    Cardiac, Diabetes, Derma, CNS and Vitamins have been the fastest growing over the past four years, while anti-infectives the slowest (6.5% CAGR).

    • 5/5

    Top 20 companies include four MNCs. They are Abbott India, GSK, Sanofi and Pfizer.