The size of the Indian pharmaceutical market in 2009 was $ 12.6 billion, which means that in 2020 it will increase by four times.
If India continues to maintain growth efforts, in 2020 it may reach $ 70 billion. BRIC (Brazil, Russia, India and China) will become leaders in the pharmaceutical market in next 10 years.
In the past five years, the Indian pharmaceutical industry growth rate of 13% to 14%, significantly higher than the 2000-2005 9 percent growth rate. According to the report, in 2010, five kinds of new opportunities for 45% plant extracts market share, increased from the current $ 3 billion to 14 billion to $ 18 billion, including the patented product, consumers of health care, biological products, vaccines, and public Health. In addition, epidemiological factors lead to the increase in patient population, for basic medical research investments to increase the application of the drug caused an increase in the large number of new drugs and the burden on patient’s ability, these are the driving force of the pharmaceutical market.
As people's incomes and insurance coverage to expand to make medicines to spend to reduce the affordability of the patient's pharmaceutical market growth expected to play half the role. To 2020, the revenue increase will be India's middle and upper income groups increased to 70 million, at the same time, health insurance coverage will reach 650 million people, the growth rate to 15% of the private insurance, government-sponsored plans, many the underlying populations will be guaranteed.
When the burden ability on patients to promote increase the pharmaceutical chia seed market, pharmaceutical companies should actively enhance the ability of exposure to modern medicine. In the past five years, the Indian pharmaceutical industry is also faced with many challenges. Discontinuities and economic changes in the structure of the development of the health sector in India to become the greatest challenge.
The India government needs to play an active role in order to ensure the healthy development of the pharmaceutical industry. Now it has become a consensus. India should increase investment in health and achieve 3% of GDP. At the same time, India ought to increase investment of the medical and health care in rural areas and the second phase. Taking measures of health care spending and increasing the number of doctors will become policies to help the healthy development of the entire pharmaceutical industry.Source:http://www.cospcn.com
The application of tungsten in various industries
Steel Industry Most of tungsten applied in the production of special steels. The widely used high-speed steel was containing 9-24% of tungsten, 3.8-4.6% of chromium, 1-5% of vanadium, 4-7% of cobalt, 0.7-1.5% of carbon.
Magic effects of coconut oil
According to records, coconut oil can be regarded as the nobility of skin care plant extracts. It was rich in exotic tension of tropical plants, which can enhance the contractile force of the pores, perfectly beautify and nourish the skin.
Exploring the Potentials of Nano-Aluminum Powder
Nano-aluminum powder, a material with remarkable properties due to its minuscule particle size, is revolutionizing various industries with its high reactivity and large specific surface area. Unlike its bulk counterpart, nano-aluminum powder begins to oxidize at a lower temperature of 550°C, compared to the 950°C oxidation point of ordinary aluminum. This lower ignition energy and full combustion without apparent cohesion make it a superior choice for applications requiring high energy and efficiency. The unique characteristics of nano-aluminum powder, such as faster burning rates and greater heat release, are largely influenced by its synthesis method, which determines its particle size, surface area, and shape.
