Indian Pharma Market Sees 14.1 Percent Growth In July Sales: AIOCD-AWACS Report
New Delhi: The Indian Pharmaceutical Market (IPM) has witnessed a significant growth of 14.1% in value and 7.3% in volume in the month of July across all the therapy areas, as per the data from market research firm All India Organization of Chemists and Druggists (AIOCD-AWACS).
The Indian Pharmaceutical Market (IPM) recorded sales of Rs 15,921 crore in July, according to the market research firm of All India Organization of Chemists and Druggists (AIOCD-AWACS).
In accordance with the All India Organization of Chemists and Druggists' (AIOCD-AWACS) market research, all therapy areas experienced highly encouraging growth in the month of July. For the month of July 22, the majority of the therapy areas displayed strong double-digit value growth. The survey found that every therapeutic category—aside from anti-infectives—saw double-digit growth.
The AIOCD data also asserted that the fastest-growing subareas were respiratory, which increased by 22.3%; gynaecology, which increased by 24.3%; chemotherapy, which increased by 28.4%; urology, which increased by 22.5%; ophthalmic, which increased by 18.8%; pain, which increased by 16.9%; and derma, which increased by 16.7%.
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