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Dietary Supplements - Lets understand the growth ahead!

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Dietary Supplements - Meaning, Demand and need in future Increase demand for Dietary Supplements and Nutraceuticals India might be a late entrant in the health supplement game, but COVID-19 has brought a renewed focus on healthy lifestyle habits and diet, which is expected to further boost the adoption of preventive healthcare solutions. The growing social media penetration and vernacular content platforms have also broadened the healthcare horizon for Indians. In the end, a win-win for all - For companies, this segment provides a great combination of growth, profitability, IPR-driven competitive moats, and long-term consumer franchise. Consumers benefit from better health and living, and society in general from a reduced healthcare burden. Dietary supplements Dietary supplements are products taken in addition to a healthy diet to provide additional health benefits, such as additional nutrients. A dietary supplement is a product designed to complement the diet and contains one ...

Top 5 trends that will boost the Healthcare sector

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Trends to track in Healthcare Sector Wherever we look in the healthcare industry, we can find new technology being used to fight illness, develop new vaccines and medicines, and help people to live healthier lives. It is apparent that some pharmaceutical companies are starting to recognize the impact of the two major shifts: Downward pressure on pricing and the move towards prevention, diagnosis, and real cures. These changes are upsetting the established order, opening the door to new competition, and forcing companies to rethink where they play – and who they play with, requiring a growing emphasis on collaboration and partnership. Over the last two years, many tech companies have focused on applying their expertise to solve problems caused by the global pandemic. At the same time, many healthcare companies that would not necessarily have traditionally been considered tech companies have turned their attention to technology and its potential to transform the delivery of their pro...

Hospital sector - The upcoming gem of Healthcare Sector

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Hospital sector - The upcoming gem of the Healthcare Sector Twitter Handle: @shuchi_nahar India has emerged as one of the fastest-growing emerging economies over the last two decades, receiving large FDI inflows, which have grown from USD 2.5 Billion in 2000-01 to USD 50 Billion in 2020-21. The healthcare sector, in particular, has received heightened interest from investors over the last few years. In the hospital segment, the expansion of private players to Tier 2 and Tier 3 locations, beyond metropolitan cities, offers an attractive investment opportunity. According to Invest India’s Investment Grid, there are nearly 600 investment opportunities worth USD 32 Billion (INR 2.3 Lakh Crore) in the country’s hospital/medical infrastructure sub-sector. Indian Government initiatives towards development of hospital sector With respect to pharmaceuticals, India can boost domestic manufacturing, supported by recent Government schemes with performance-linked incentives, as part of the Aatm...

Growing Companion Animal Healthcare Industry in India

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Companion Animal Healthcare Industry in India - Huge Opportunities Ahead Twitter Handle: @shuchi_nahar   Overview The global companion animal market size in 2019 was worth US$ 12.54 billion and expected to reach US$ 19.18 billion by 2024 with a growth rate at a CAGR of 6.26%. The Indian animal health market is currently witnessing strong growth and expected to achieve a CAGR of 5.5% between 2020 and 2025. The animal healthcare sector in India has witnessed a paradigm shift over the last few years because of the adoption of innovative technologies used for prevention and cure of farm and companion animals. Growing urbanization, changing lifestyle, and increase in per capita income have encouraged pet ownership as well as increased willingness to pay for pets, healthcare has supported the growth of Animal Healthcare. Scope Pets have evolved from being a strange and wonderful distraction to an integral part of families all over the world. As human populations have grown, so to...

Animal Health Care Industry Future Ahead..

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Emerging Trends in Animal Health Care Industry SHUCHI.P.NAHAR Just like the world around us, animal health has undergone transformational change in the 21st century. Animals are receiving better care, medicines are becoming more targeted, and diseases have even been eradicated. There's no sign that this change will stop soon. Here are the four trends that will drive animal agriculture and petcare in the coming years.The niche global animal health sector is witnessing exciting growth opportunities and consolidation. On the one hand, the opportunity landscape is driven by population expansion, increased demand for animal protein, changing lifestyles and evolving habits. On the other hand, the consolidation is the result of growing compliance and complexity. The global animal health market size was valued at USD 47.1 billion in 2019 and is expected to exhibit a CAGR of 5.8% during the forecast period. The market is largely driven by a significant rise in demand for protein food and an...