Indian Pharma market sees growth of 12.1 percent in August 2022: AIOCD-AWACS Report
The Indian Pharmaceutical Market (IPM) saw significant growth of 12.1 percent in value and 4.8 percent in volume, in the month of August, 2022, says market research firm All India Organization of Chemists and Druggists (AIOCD-AWACS)."A robust 12% growth of the IPM seems to be supported by a good volume driven growth for majority of the therapy areas," the AWACS report said. It also claimed...
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The Indian Pharmaceutical Market (IPM) saw significant growth of 12.1 percent in value and 4.8 percent in volume, in the month of August, 2022, says market research firm All India Organization of Chemists and Druggists (AIOCD-AWACS).
"A robust 12% growth of the IPM seems to be supported by a good volume driven growth for majority of the therapy areas," the AWACS report said. It also claimed that COVID influence had reduced drastically by July 21 last year and most of the therapies had started following the normal seasonal trends. For the month of August 22, price increase led growth seems to be slightly higher than the volume growth.
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