subject: Biopharmaceutical Segment Dominating The Biotechnology Industry In India [print this page] According to our latest research, Booming Biotech market in India, the Indian biotechnology sector is one of the fastest growing knowledge-based sectors in India and is expected to play a key role in shaping India's rapidly developing economy. Past few years have been phenomenal for the biopharmaceutical industry as it has shown an upward movement on the back of the growth of therapeutics business and it is poised for another big leap in the year ahead. The research further revealed that anticipation pf biopharmaceutical market to follow the same growth trajectory by 2014 and is expected to grow at a CAGR of around 24% between FY 2012 and FY 2014.
The study has identified that biopharmaceutical is currently the most dominant market segment. The segment growth has largely been benefitted by Government policies and regulations and developed in-house capability to manufacture innovative biopharma products. It is anticipated that India has the capabilities and requisite talent to become a major supplier of biogeneric to the developed world in the coming years that will drive the market growth to achieve new heights.
Further, as the Indian pharmaceutical and biotech companies are raising their R&D spending and expanding manufacturing capacities, the life sciences suppliers market is also growing in-line with the biotechnology industry. India represents one of the fastest growing regions for leading global suppliers.
Our report, Booming Biotech Market in India, has been authored to evaluate the future market potentials of the Indian Biotech industry and its segments. It provides extensive research and analysis of the overall market and all prominent segments including biopharmaceuticals, bioservices, bioagriculture, bioinformatics, and industrial biotechnology. Besides providing information on current market developments and market trends, the report also provides segment-wise forecasts based on correlation of past drivers, challenges, and opportunities for expansion, thus enabling clients to access projected market trends and take informed decisions.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM110.htm
Some of our Related Reports are:
- Global Gene Therapy Market Analysis
- Global Protein Therapeutics Market Analysis
- Global Biosimilars Market Analysis
- Asia Pacific Biotechnology Market (2008-2012)
- Israel Life Sciences Market Analysis
Check Related REPORTS on: http://www.rncos.com/Healthcare_Industry.htm
