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Indian Pharmaceutical Market Outlook - Enhanced Purchasing Power, Rural Market Penetration And Expanded Access To Healthcare Attracting Big Pharma Investment

3.3 Demographic Analysis 13

3.3.1 Population Size, Growth, and Structure 13

3.3.2 Crude Death Rate 15

3.3.3 Infant Mortality Rate 16

3.3.4 Life Expectancy at Birth 17

3.4 Driver and Barriers 19

3.4.1 Drivers 19

3.4.2 Barriers 21

3.5 SWOT Analysis of Indian Pharmaceutical Industry 22

4 Indian Pharmaceutical Market Outlook – Industry Characteristics 23

4.1 Healthcare Policy 23

4.1.1 National Health Policy 2002 23

4.1.2 National Rural Health Mission 23

4.1.3 National Urban Health Mission 24

4.2 Intellectual Property Rights in India 25

4.2.1 Effect of Patent Laws on Pharmaceutical Production in India 26

4.2.2 Key Impact of the New Patent Laws on India 27

4.2.3 Patent Act 2005 – First Step towards Improving IP Protection 27

4.2.4 IPR Enforcement Rules 2007 27

4.2.5 Trademarks Bill 2007 27

4.2.6 Drugs and Cosmetics Act (Amendment) 2008 27

4.3 Drug Distribution Structure 28

4.4 National Pharmaceuticals Pricing Policy 29

4.4.1 Objectives of the Present Policy 29

4.4.2 Key Principles of National Pharmaceuticals Pricing Policy, 2011 29

4.4.3 Principles for Drug Price Control and Determination in National Pharmaceutical Pricing Policy 2011 30

4.4.4 Other Aspects of the Policy 30

4.4.5 Impact Analysis of the Policy 31

4.5 Goods and Services Tax 31

4.5.1 An Introduction to Goods and Services Tax 31

4.5.2 Dual Goods and Services Tax in India 31

4.5.3 Impact on the Pharmaceutical Industry 32

4.6 Direct Tax Code 33

4.6.1 Tax Structure 33

4.6.2 Incentives Available to the Pharmaceutical Sector 33

4.6.3 Road Ahead 33

4.7 Healthcare Spending in India 34

4.8 Insurance and Reimbursement 35

4.8.1 Private Health Insurance 35

4.8.2 Health Insurance Companies Landscape 36

5 Indian Pharmaceutical Market Outlook – Market Analysis 37

5.1 Market overview 37

5.1.1 Contract Research and Manufacturing Services 37

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