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Top Pharmaceutical Companies in India
In this article we will take a look at the top 15 pharmaceutical companies in India. You can skip our detailed analysis of the pharma industry’s outlook for 2021, and some of the major growth catalysts for pharmaceutical stocks, and go directly to the
Since late 2019, after the world was caught off-guard owing to the COVID-19 pandemic, the pharma industry has taken the center stage as they raced to develop and produce vaccines. Medicines being an essential requirement, the pharmaceuticals industry has always been the vital resource and the safest stock market sector for the public, but with this recent worldwide health crisis, the importance of this industry has become more pronounced than ever. During the inception of the pandemic, drug makers, including the 15 largest drug companies in the world, were confronting the coronavirus on one hand while on the other hand, they were barging through uncertainty regarding research and development.
Kakinada
Andhra-pradesh
India
Philippines
United-states
United-kingdom
Pune
Maharashtra
Brazil
South-africa
Bangalore
Karnataka
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PUNE, India, April 27, 2021 /PRNewswire/ ReportnReports provides a comprehensive overview of the size of the SARS-CoV-2 COVID Vaccine market, segmentation of the industry (by geography and vaccine technology), key players and the vast potential of vaccines that are in clinical trials. Kelly Scientific analysis indicates that the global COVID vaccine market was worth $59 billion in 2021. However, our forecast indicates that an initial drop in 2022 will occur due to a number of factors including single booster shots as opposed to two shot vaccines and reduced prices in vaccines due to competition.
The COVID vaccine industry is expected to then grow significantly at a CAGR of over 9% and reach $47.5 billion by 2026. This is due to an opening up of the market from a closed government dominated space to one in which private healthcare providers and companies can purchase vaccines. There will also be a continued significant un-met need for vaccine
Japan
United-states
India
United-kingdom
Israel
Brazil
China
South-africa
Hadapsar
Maharashtra
Ireland
Wuhan