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Pharma Exporter from India to USA: Now, India has increased its dominance in the production of pharmaceutical drugs. If you check the market reports, you can see that over the past decades, pharma product exports have nearly doubled. As per the reports, it will improve in the near future. There are lots of Indian pharma companies that are popular in pharma exporter from India to USA. Now, the USA is spending more on healthcare, and that’s why it is collaborating with Indian pharma companies. There is a 15% surge in the amount of pharmaceutical exports of India who export their products to the USA.
In the year 2020-2024, the Indian pharmaceutical export has witnessed a growth of 9.6%. However, as per the recent surveys, in May 2024, exports increased to 10.45% and in the future, they aim to reach $31 billion by 2025. By considering the above statistics, we can say that India is emerging as the biggest pharma hub that offers cost-effective treatments. The US companies prefer to import pharma products from India because of high-quality and low pricing structure. India has been popular in the pharma sector since it has a low cost of manufacturing and a cost-effective R&D team.
Learn How to Export Medicines from India to USAThe overall Indian pharma market size is expected to reach US$ 130 billion by 2030. However, by 2047, it will grow to a US$ 450 billion market. We all know that India is the largest drug manufacturer and provider in the world. And that’s why more and more investors are looking forward to investing in this industry. Based on volume, the Indian pharma world is ranked as the 3rd pharma production. Furthermore, the country supplies 40% of generic medicines in the USA. The pharmaceutical sector plays a strong role in the growth of the nation's economy.
Lifecare Psychiatry Care is sister concern of Lifecare Neuro Product Limited (WHO-Certified Neuro Products Manufacturer). This is the largest 3rd party pharma manufacturing and supplying company offering quality range medicines. We are the leading pharma exporter business dealing with more than 20 countries worldwide. Our company is popular for production, manufacturing, supplying and marketing, distributing products. The company deals with a broad range of neurological and psychiatric products. Furthermore, we deal with additional medications like Anti-Epileptic, Anti-addiction, Anxiolytics, and Mood stabilisers.
There is a procedure you need to follow to export pharma products from India to the USA. Furthermore, we follow the same pharma exporting from India to USA process with complete transparency. So, these reasons make us Asia’s biggest exporter to the USA. We have the approval of the FDA along with other certifications. To get more detailed information about our pharmaceutical exporting process, just get in touch with us right now.
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Contact Psychiatry Care:
Phone Number: +91-9318058855
Email Address: ib@lifecareneuro.com