The latest report by IMARC Group, titled “India Generic Injectables Market Report by Therapeutic Area (Oncology, Anaesthesia, Anti-infectives, Parenteral Nutrition, Cardiovascular), Container (Vials, Ampoules, Premix, Prefilled Syringes), Distribution Channel (Hospitals, Retail Pharmacy), and Region 2025-2033,” finds that the India generic injectables market size reached USD 3.0 Billion in 2024. A generic injectable is a drug having the same pharmaceutical composition as its branded counterpart in safety, strength, dosage form, performance, quality, and route of administration. It is cost-effective as generic injectable does not have to undergo animal testing and clinical studies to demonstrate safety and effectiveness. As it also delivers the same amount of active ingredients to the body, the demand for generic injectables is rising across India.
India Generic Injectables Market Trends:
The growing prevalence of chronic diseases, such as cancer, stroke, diabetes, septicemia, influenza and pneumonia, and respiratory and Alzheimer's disease, represents one of the key factors driving the market in India. Moreover, the Government of India is extensively investing in research and development (R&D) activities to support the introduction of innovative generic injectables and provide effective drug administration, thereby enabling faster recovery of patients. This, along with the expanding healthcare industry, is contributing to the growth of the market in the country. In addition, technological advancements in the drug delivery systems, such as the introduction of self-injection devices, are positively influencing the market. Besides this, the increasing number of health insurance companies in the country is offering lucrative growth opportunities to industry investors. Additionally, the rising awareness among the masses about the benefits of using generic injectables is propelling the growth of the market in India. Apart from this, there is a rise in the shortage of branded medicines and the expiry of patents of branded items in the country. This, coupled with the burgeoning life science industry, is catalyzing the demand for generic injectables. Furthermore, the introduction of 3D printing technology in the country that helps manufacture generic drugs with varying release dates and tastes is bolstering the growth of the market. Looking forward, IMARC Group expects the market to reach USD 7.6 Billion by 2033, exhibiting a CAGR of 10.28% during the forecast period (2025-2033).
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Therapeutic Area, Container, Distribution Channel, Region |
Region Covered | North India, West and Central India, South India, East India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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