India Clindamycin Phosphate Market to grow at a steady rate During the Forecast Period
Growing prevalence of skin
infections is expected to drive the growth of India clindamycin phosphate
market.
According
to TechSci Research report, “India Clindamycin Phosphate Market By Product Type
(Prescription v/s OTC), By Source (In-house v/s Contract Manufacturing
Organizations), By Form (Gel, Topical Solution, Foam, Injection, Others), By
Gender (Men v/s Women), By Distribution Channel (Online v/s Offline), By
Application (Acne Vulgaris, Genito-Urinary Infections, Pseudomembranous Colitis,
Others), By Company, By Region, Forecast & Opportunities, FY2026”, the India clindamycin phosphate market is expected to grow
at a steady rate during the forecast period on account of the growing
prevalence of skin infections due to changing lifestyle patterns, inappropriate
diet and pollution, among others.
However, clindamycin phosphate cannot be prescribed to atopic
individuals. This can slow down the market growth through FY2026. Furthermore,
side effects such as burning and irritation under eyes and other allergic
reactions can further restrict the market growth during forecast period.
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The India clindamycin phosphate market is segmented based on product
type, source, form, gender, distribution channel, application, company and
region. Based on source, the market can be split into in-house and contract
manufacturing organizations. The in-house segment is expected to dominate the
market owing to the supportive government policies such as the launch of
production linked incentive scheme for the manufacturing of APIs and drugs in
the country. This will help in improving the status of the domestic players and
will help India emerge out as a global player in the pharma API market. The contract manufacturing organizations are expected
to witness significant growth owing to the associated benefits such as
competitive pricing, ability to deliver bulk orders in short period of time,
among others. Based on distribution, the market
can be split into online and offline. The offline channel is expected to
dominate the market owing to the consumer preference for buying medicines from
a pharmacy or drug store. The online segment is also expected to register
significant growth over the next few years. This can be ascribed to the
emergence of several online pharmacies and doorstep drug delivery e-commerce
platforms in the country. Based on application, the market can be fragmented
into acne vulgaris, genito-urinary infections, pseudomembranous colitis and others.
The acne vulgaris segment is expected to dominate the market owing to the
widespread use of this medication for treatment of acne.
Mylan Pharmaceuticals Private Limited, Midas Care Pharmaceuticals Pvt.
Ltd., Taro Pharmaceuticals India Private Limited, Alvogen Pharma India Pvt.
Ltd., Fresenius Kabi India Pvt. Ltd., Akorn India Pvt. Ltd., Cadila
Pharmaceuticals, Perrigo India Pvt. Ltd., Sun Pharmaceuticals Industries Ltd.,
Alvogen Pharma India Pvt. Ltd. and others are some of the leading players operating
in India clindamycin phosphate market. Companies operating in the market are
using organic strategies such as product launches, joint ventures, portfolio
expansion, mergers and collaborations to boost their share.
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“India clindamycin phosphate market is
expected to witness growth during the forecast period on account of the
widespread use of the medication in treating skin infections especially, acne
which has become a common problem in the country. Additionally, the medication
is also used in the treatment of genito urinary infections, pseudomembranous
colitis, among others thereby fuelling the market growth over the next few
years.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based India management consulting firm.
“India Clindamycin Phosphate Market By Product Type
(Prescription v/s OTC), By Source (In-house v/s Contract Manufacturing
Organizations), By Form (Gel, Topical Solution, Foam, Injection, Others), By
Gender (Men v/s Women), By Distribution Channel (Online v/s Offline), By
Application (Acne Vulgaris, Genito-Urinary Infections, Pseudomembranous Colitis,
Others), By Company, By Region, Forecast & Opportunities, FY2026”, has evaluated the future growth potential of India clindamycin
phosphate market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in India clindamycin phosphate market.
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