2. Contents
• Approach to the problem – Overview
• Market Size – Bottom-Up Approach
• Market Size - Top-Down Approach
• Growth Trend
• Conclusion
3. Approach to the problem – Overview
• Calculation of Market Size
• Define the Area
• Identify Kind of Pharmacies
• Find out Average Sale per Day
• Extrapolate
• Compile and Determine Greater Noida Pharmacy Market Size
4. Market Size – Bottom-Up Approach-from Greater Noida
Pharma Market to Indian Market Size
• Greater Noida Map
Boundaries of
Area
Considered In
Research
Activity
5. Market Size – Bottom-Up Approach-from Greater Noida
Pharma Market to Indian Market Size
Segmentation of Market
We divided the Greater Noida Pharmacy Market into following segments:
1. Commercial Complex Pharmacies- for e.g. Jagat Farm , Alpha Commercial
Belt etc.
2. In-Sector Complex Pharmacies – for e.g. Alpha1 C Mkt., Pi-3 Mkt. etc
3. Unorganized Complex Pharmacies- Tugalpur , Aichher mkt. etc.
4. Hospital Pharmacies
7. Market Size – Top-Down Approach-from Indian domestic
pharma market to Greater Noida Pharma Market Size
• Indian domestic Market Size = $ 16.4 billion ( FY13 )
• CAGR = 15%
• For 2014 , Indian Domestic Market Size = 16.4+(15% of 16.4) = $ 18.86
billion (Estimated)
• For 2015, Indian Domestic Market Size = 18.86 + 15% of 18.86= 21.7 billion.
• Total Population of India= 130 Crores
• Total Population of Greater Noida = 1.8 Lacs.
• Greater Noida’s population is .0013 % of Indian Population.
• Greater Noida Market Size should be .0013 % of Indian Domestic Pharma
Market i.e 0.0013*21.7 = $ 282,100 ( Rs. 1.755 Cr )
8. Growth Trend
• Indian Pharmaceutical industry is expected to grow by
15% year and this is owing to following factors:
India has the low cost manufacturing base and highest
number of plants outside United states.
Labor costs In India is 60-70% lower in comparison to
developed countries due to the availability of a large pool of
highly qualified personnel specializing in chemistry and
process reengineering skills.
Indian companies have continued to invest significant
resource in the development of a robust pipeline of generic
drugs.
9. Conclusion
• Our research shows if an investor wants to invest in a
pharmaceutical shop in greater Noida region( based on
the capital available) then he/she has the following
options:
• If investor wants high volume selling, the option of having
a shop through hospital link will be best option for
him/her
• In-sector and un-organised pharmacies are for those who
want an averaging selling of 5000-10000rs per day.
• Commercial belt region can be suggested to those
investors who want to make the sales of 10000-20000rs
per day and not willing to go in the competitive market.