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Changing trends and development in healthcare infrastructure make way for wide range of new antibiotic entrants in the Indian Pharmaceutical market
Hyderabad
Jul 12, 2010
The swiftly transforming economic scenario in India has
caused a shift in disease patterns and focus from communicable to
non-communicable diseases. Despite this, however, infections remain one
of the top five causes of mortality in India. A lack of antibiotic
policies in hospitals and increasing pressure on healthcare delivery
systems has led to the indiscriminate use of antibiotics. Furthermore,
the availability of relatively sophisticated antibiotics, even without a
prescription, leads to self-medication.
Against this backdrop, there is a need to understand antibiotic usage
patterns, particularly high-end antibiotics, within hospitals in India.
Antibacterials represent the largest segment of the Indian
pharmaceutical market and despite modest growth, it remains the mainstay
of the country's pharmaceutical industry. A significant proportion of
antibiotic usage occurs in hospitals and therefore tracking the
consumption rates of high-end antibiotics within hospitals would provide
useful insight into their antibiotic usage patterns. In order to
develop a better understanding of the infection patterns as well as the
prescription patterns of high-end antibiotics within Indian hospitals,
Datamonitor has undertaken the study and analysis of the use of high-end
antibiotics in leading hospitals in India.
According to a report by Datamonitor titled, ‘High-end antibiotics
usage in India,’ the market for high-end antibiotics in Indian
hospitals was worth INR33 billion or $685.8m in FY 2010 (Apr’09 –
Mar’10), having shown a year-on-year growth of 49.8%. The market is
estimated to grow to about INR89 billion or $1,841m by FY 2015 (Apr’14
to Mar’15), posting a compound annual growth rate of 21.8%.
The report provides insights into the infection patterns in Indian
hospitals in terms of community-acquired and hospital-acquired
infections and their incidences within wards and intensive care units.
The findings of the report point towards the rapid uptake of newer,
premium-priced, broad spectrum antibiotics like fourth generation
cephalosporins and carbapenems, which are quickly replacing older
antibiotic categories such as third generation cephalosporins and broad
spectrum penicillins.
As healthcare infrastructure improves in India and well-established
hospital chains expand their presence across the country, the market for
hospital antibiotics is likely to widen. Although the antibacterial
market in India is currently dominated by generics, newer antibiotics
are constantly being sought after. The strengthening of the IPR regime
in India is likely to support the introduction of new, patent-protected
drugs; this coupled with the need for newer, broad-spectrum antibiotics
may provide global as well as leading Indian pharmaceutical companies an
opportunity to introduce premium-priced, hospital antibiotics in India
in the near future.
About Datamonitor
The Datamonitor group is a world-leading provider of premium global
business information, delivering independent data, analysis and opinion
across the Automotive, Consumer Markets, Energy & Utilities,
Financial Services, Logistics & Express, Pharmaceutical &
Healthcare, Retail, Sourcing, Technology and Telecoms industries.
Combining our industry knowledge and experience, we assist more than
6,000 of the world’s leading companies in making better strategic and
operational decisions.
contact:
Aartee Sundheep
+ 91 40 6672 9586
asundheep@datamonitor.com
Source: Datamonitor
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