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Health care is one of the significant indicators of any country's overall development and status of health care indicates the nature of development of a country. Pharmaceutical companies are working consistently towards improvement of health care among people. Pharmaceutical products or drugs are one of the important components of health care management and its expenses. The increase in the income of individuals and change in lifestyle are contributing to increase in the expenses of health care management of an individual. The global pharmaceutical market size is estimated to reach USD 1.4 trillion and the Indian pharmaceutical market size is estimated as USD 55 billion by the year 2020. The Indian pharmaceutical sector is expected to grow with faster compound annual growth rate (CAGR) compared to global growth rate during the period 2015-20120 kindely mail us to know more...
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