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What is the outlook for the Pharmaceutical Sector in 2012 in India?
Anandvijayakumar
Emerging Markets like India and China are densely populated. Even with the rapid industrialization in both countries, the penetration of advanced health-care is still not as far-fetched as in developed nations like USA, UK etc. Major Healthcare Providers and Pharma Manufacturers are looking to expand in Emerging Markets to tap the huge growth potential in the Healthcare industry. As India grows to be one of the best Nations in the World for Medical Care, the growth of the Pharma Industry is expected to be in line.
Over the past couple of years, some of the large Pharma Players have remained stable despite the broader market correction. And, this is expected to continue in the year 2012 as well.
If you are thinking, how the Pharma Sector can grow in such a volatile economy, think about this. "Everyone Needs Medical Care. Newer Diseases are being discovered now and then. Newer medicines, high-tech machines are being used in medical care throughout the nation. In the past decade or so, with the advancement in Medical Care, the mortality rate has come down significantly. Everyone wants to live a long and healthy life and that is being made possible by Medicines." Do you really think that the Pharmaceutical companies that manufacture these medicines will not do well???"
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