Tue. Nov 30th, 2021

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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