Market Reflection Report Oct'24
Market Reflection Report Oct'24
Market Reflection Report Oct'24
11th November
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1
IPM Overview
TSA SSA
Growth %%
30 30
2021-22 2021-22
20 20
2022-23 2022-23
10 10
2023-24 2023-24
0 0
-10 -10
Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
TSA IPM Trends (Value Rs. 226,217 Crs) – MAT Oct'24 SSA IPM Trends (Value Rs. 190,940 Crs) – MAT Oct'24
5.0%
4.5%
6.8%
6.7%
MAT
226,217 MAT
Month 190,940
211,724 Month
178,938
189,866
178,997 160,932
151,724
• TSA valued at Rs. 226,217 Cr with growth of 6.8% as of MAT Oct'24 and Rs 19,957 Cr for Oct'24 month with growth of 5.0%
• SSA valued at Rs. 190,940 Cr with growth of 6.7% as of MAT Oct'24 and Rs 16,843 Cr for Oct'24 month with growth of 4.5%
VMN 1,553 8 9 10 10 12 7
3 5 3 6 5 5
VMN
11 12 11 12 9 9
5 8 6 6 8
DERMA 1,396
-2 DERMA
1,187 8 10 11 12 8 7 8
NEURO 6 6 6 7 7
NEURO
5 7 9 7 7 3 4 3
GYNAEC 936 1 0 2 1
28 GYNAEC
26 20 25 13 23 19 20 14 14
ONCO 516 10 11
ONCO
11 12
16 17 15 14
UROLOGY 438 8 11 12 URO
17 14
9
Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
3
IQVIA TSA & SSA Dataset Oct'24 Therapy sorted on Month
Top Companies #1-10 Market Share Trend
9
2
Oct’23 Nov’23 Dec’23 Jan’24 Feb’24 Mar’24 Apr’24 May’24 Jun’24 Jul’24 Aug’24 Sep’24 Oct’24
• Sun*, Abbott*, Cipla, Intas*, Torrent & Lupin have shown improvement in MS for Oct'24 as compared to Sep’24
• Mankind, Alkem*, Macleods & DRL reflected dip in MS for Oct'24 as compared to Sep'24
Value
Value (Rs. Crs) % Gwth EI Value (Rs. Crs) % Gwth EI
(Rs. Crs)
SUN* 1,576 10 105 SUN* 1,329 10 105
ABBOTT* 1,258 9 104 ABBOTT* 1,072 8 103
CIPLA 1,073 6 101 CIPLA 917 6 102
MANKIND 883 1 97 MANKIND 797 1 97
Month
Month
ALKEM* 818 1 97 ALKEM* 724 2 97
INTAS* 725 9 104 TORRENT 602 10 105
TORRENT 680 9 104 MACLEODS 597 -2 94
97 99
MAT
ALKEM* 8,876 4 ALKEM* 7,838 5
INTAS* 8,211 11 104 TORRENT 6,872 9 102
LUPIN 7,781 7 100 LUPIN 6,693 8 101
TORRENT 7,759 8 101 MACLEODS 6,638 6 99
MACLEODS 7,491 6 99 INTAS* 6,630 10 103
DRL 7,021 8 102 DRL 5,864 9 102
• TSA & SSA : Sun showed the highest growth at month level, while for MAT, Intas has posted highest growth
3.2
TSA Val Oct'24 MS Oct'24
3.0
(ARISTO*) 578 2.90
2.8
(ZYDUS*) 562 2.82
2.6 EMCURE* 458 2.29
2.4 GSK* 455 2.28
2.2 GLENMARK 427 2.14
2.0 (IPCA) 411 2.06
USV 373 1.87
1.8
(MICRO *) 323 1.62
1.6
PFIZER* 297 1.49
1.4
ALEMBIC 274 1.37
1.2
1.0
0.8
0.6
Oct’23 Nov’23 Dec’23 Jan’24 Feb’24 Mar’24 Apr’24 May’24 Jun’24 Jul’24 Aug’24 Sep’24 Oct’24
• Emcure*, GSK*, Glenmark, USV, Pfizer* & Alembic have shown improvement in MS for Oct'24 as compared to Sep’24
• Aristo*, Zydus*, IPCA & Micro* reflected dip in MS for Oct'24 as compared to Sep'24
.
Month
103 EMCURE* 363 0 96
GLENMARK 427 8
6 101 IPCA 357 5 101
IPCA 411
5 100 USV 337 6 101
USV 373
2 97 MICRO * 279 3 98
MICRO * 323
3 98 ALEMBIC 247 -5 91
PFIZER* 297
-5 90 PFIZER* 230 -2 94
ALEMBIC 274
104 4 97
MAT
GLENMARK 4,772 11 EMCURE* 4,066
IPCA 4,605 13 105 IPCA 3,979 13 106
USV 4,332 6 100 USV 3,914 8 101
MICRO * 3,532 2 95 MICRO * 3,029 2 96
PFIZER* 3,357 -1 93 ALEMBIC 2,900 2 95
ALEMBIC 3,215 1 95 PFIZER* 2,508 -5 89
• TSA & SSA : Glenmark showed the highest growth at month level, while for MAT, IPCA has posted highest growth
• Eris* & Indoco* have shown improvement in MS for Oct'24 as compared to Sep’24
• Ajanta has maintained MS in the month of Oct’24
• JB*, FDC, Sanofi, Himalaya, La Renon, Cadila & Franco reflected dip in MS for Oct'24 as compared to Sep'24
Month
3 98 HIMALAYA 141 4 100
HIMALAYA 156
9 104 AJANTA 130 8 104
AJANTA 147
7 102 FRANCO 118 6 101
LA RENON 135
-8 88 INDOCO* 110 2 98
CADILA 128
5 100 LA RENON 110 9 104
FRANCO 127
3 98 CADILA 105 -9 87
INDOCO* 122
99 100
MAT
HIMALAYA 1,808 HIMALAYA 1,616 6
6
AJANTA 1,742 102 AJANTA 1,550 10 103
9
LA RENON 1,647 110 LA RENON 1,336 17 110
17
CADILA 1,571 93 CADILA 1,299 0 94
-1
CORONA 1,391 106 FRANCO 1,224 -9 85
13
FRANCO 1,319 85 CORONA 1,171 13 106
-9
• TSA & SSA : JB Pharma* showed the highest growth at month level, while for MAT, La Renon has posted highest growth
• Hetero & P&G Hlth have shown improvement in MS for Oct'24 as compared to Sep’24
• Corona, Systopic & Fourrts have maintained MS in the month of Oct’24.
• Blue Cross, Win Medicare, Medley, H&H & Bharat Serum reflected dip in MS for Oct'24 as compared to Sep’24
Month
SYSTOPIC 101 7 102 HETERO* 89 -4 92
WIN MEDICARE 85 -2 93 MEDLEY 77 -7 89
FOURRTS 84 4 99 WIN MEDICARE 74 -3 93
MEDLEY 83 -7 88 FOURRTS 72 4 99
H&H 80 -1 94 H&H 68 -2 93
BHARAT SERUM 78 11 105 APEX 67 1 97
103 97
MAT
SYSTOPIC 1,162 10 HETERO* 1,002 3
MEDLEY 1,039 2 96 MEDLEY 974 2 96
WIN MEDICARE 972 3 97 WIN MEDICARE 847 3 97
FOURRTS 957 8 102 FOURRTS 825 9 102
H&H 934 4 97 H&H 800 3 96
BHARAT SERUM 906 9 102 WALLACE 767 6 99
• TSA: Bharat Serum showed the highest growth at month level, while for MAT, Systopic has posted highest growth followed by Bharat Serum
• SSA: Corona showed the highest growth at month level, while for MAT, Systopic has posted highest growth followed by Fourrts
0.24
0.22
0.20
Oct’23 Nov’23 Dec’23 Jan’24 Feb’24 Mar’24 Apr’24 May’24 Jun’24 Jul’24 Aug’24 Sep’24 Oct’24
• Samarth, MSD* & Centaur have shown improvement in MS for Oct'24 as compared to Sep’24
• Janssen, Raptakos & Pharmed have maintained MS in the month of Oct'24
• Apex, Meyer, Astra & Wallace reflected dip in MS for Oct'24 as compared to Sep'24
WALLACE 64 7 102
APEX 76 1 96
MEYER 63 5 100
JANSSEN 74 2 97
RAPTAKOS 57 4 99
SAMARTH 74 16 111
BHARAT SERUM 57 10 105
MEYER 73 4 99
Month
Month
CENTAUR 54 -3 93
ASTRA 72 24 118
NUTRICIA 51 27 122
WALLACE 71 6 101
PHARMED 50 10 106
RAPTAKOS 67 4 99
JANSSEN 49 8 104
MSD* 59 1 97
ASTRA 49 30 124
CENTAUR 58 -2 93
BOEHRINGER 48 -9 87
PHARMED 57 9 104
7 100
MAT
APEX 838 1 95 PHARMED 576
SAMARTH 775 14 107 CENTAUR 576 1 94
RAPTAKOS 769 4 97 ASTRA 573 27 119
MSD* 741 0 94 JANSSEN 572 4 97
MERCK 676 25 117 BOEHRINGER 570 -5 89
PHARMED 665 6 100 NUTRICIA 544 23 115
6 0.38 0.21
FORACORT 75 TELMA 42 6
-1 0.36 0.21
AUGMENTIN 73 MANFORCE 41 14
0 0.34 0.20
GLYCOMET-GP 69 INFLUVAC 40 89
Top 1-10
Top 21-30
-2 0.34 0.20
MIXTARD 68 T-BACT 39 19
-26 0.31 0.20
MONOCEF 61 CALPOL 39 -26
10 0.30 0.20
PAN 59 CILACAR 39 22
16 0.29 0.19
UDILIV 58 SHELCAL 37 1
12 0.29 0.18
THYRONORM 57 ULTRACET 37 6
-3 0.27 0.18
CLAVAM 54 ECOSPRIN-AV 36 10
20 0.27 0.18
PAN-D 54 MOXIKIND-CV 36 -6
Top 31-40
0.24 DUPHALAC 35 25 0.17
BETADINE 49 1
DUOLIN 48 13 0.24 ZIFI 34 -3 0.17
LANTUS 46 -1 0.23 PANTOP 32 -10 0.16
DEXORANGE 45 8 0.23 ZINCOVIT 32 10 0.16
ROSUVAS 44 23 0.22 NOVOMIX 32 7 0.16
DOLO 43 -5 0.22 TAXIM-O 32 0 0.16
BUDECORT 43 -1 0.22 TELMA-H 31 8 0.16
• Foracort is the topmost brand with 75 Crs of sales & MS of ~0.38% for the month Oct'24
• Amongst the top 10 brands, Pan-D has shown highest growth followed by Udiliv for the month Oct'24
Among the Top 25 products as per Oct'24 Month (in comparison to Sep'24 Month)
In the month of Oct'24 (in comparison to Sep'24), amongst In the month of Oct'24 (in comparison to Sep'24), amongst
the Top 25 companies the Top 25 companies
• Sun* has maintained its top position in the IPM with a market • Sun* has maintained its top position in the IPM with a market
share of 8% share of 8%
• Emcure* & Glenmark improved by 1 rank each to reach 13th & • GSK* & Emcure* improved by 1 rank each to reach 14th & 15th
15th positions respectively positions respectively
• Torrent* improved by 2 ranks to reach 7th position • Torrent* & Eris* improved by 2 ranks each to reach 6th & 21st
positions respectively
5.3 4.7
3.9 6.1
4 5.0
1.9
2
2.2
0 1.4 -0.6
-2
NOV’23 DEC’23 JAN’24 FEB’24 MAR’24 APR’24 MAY’24 JUN’24 JUL’24 AUG’24 SEP’24 OCT’24
18,021 18,089 17,962 18,009 17,415 19,661 19,006 17,782 19,921 20,181 20,213 19,957
Share in IPM
84% 84% 84% 84% 83% 83% 84% 84% 84% 84% 84% 84%
16% 16% 16% 16% 17% 17% 16% 16% 16% 16% 16% 16%
NOV’23 DEC’23 JAN’24 FEB’24 MAR’24 APR’24 MAY’24 JUN’24 JUL’24 AUG’24 SEP’24 OCT’24
• Indian companies registered growth of 4.7% whereas MNC’s registered growth of 6.6% for the month
7 6 6
6 5 7
7
4 4
2
2 3 2
-1
0
-2
NOV’23 DEC’23 JAN’24 FEB’24 MAR’24 APR’24 MAY’24 JUN’24 JUL’24 AUG’24 SEP’24 OCT’24
Gwth %
4.2% 9.3% -3.0% -14.1% 10.0%
Top 5 TC 4s
291
244 229 226
Value (Rs 212
Crs)
GLIMEPIRIDE+METFORM. FOOD SUPPLEMENTS AMOXY. & CLAV. SOLIDS COUGH PREP. ETHICALS INTER.-ACTING+FAST ACTING
• Acute has shown growth of 2% whereas Chronic has shown growth of 10% for the month
Value_Oct'24 (Rs. Crs) % Gwth SPLY Value_Oct'24 (Rs. Crs) % Gwth SPLY
Anti-Infectives
C02F06 AMLODIPINE+TELMISARTAN 100 J01N01 MEROPENEM 125 8
C02G0H TELMISARTAN + HCT 78 7 J01C0H AMOXY. & CLAV. LIQUIDS 117 -2
Cardiac
Anti Diabetic
A02B0S ESOMEPR.+ DOMPERID. 82 29 A10C05 LONG ACTING 98 9
Value_Oct'24 (Rs. Crs) % Gwth SPLY Value_Oct'24 (Rs. Crs) % Gwth SPLY
Pain
R05A02 COLD PREP. LIQUIDS 89 -8 N02B07 PARACETAMOL INJECTIONS 67 10
R05B07 CHLORPHNMN+DEXTROMETHRPHN 68 -11 M05B0C COLLAGEN COMB 53 14
R03C0S IPRATROPIUM + LEVOSALBU. 57 11 N02B0K PARACETAMOL + TRAMADOL 49 5
R03C02 BUDESONIDE 55 0 N02B06 PARACETAMOL ORAL LIQUIDS 49 -12
R05A01 COLD PREP. SOLIDS 55 -5 M01A0U ACECLOFENAC + PARACETAMOL 46 -1
R03B02 MONTELUKAST+FEXOFENADINE 36 -3 M04A03 FEBUXOSTAT 41 20
Derma
A12A04 CALCIUM + COLECALCI. SOLI. 90 D01A02 LULICONAZOLE 45 10
VMN
Value_Oct'24 (Rs. Crs) % Gwth SPLY Value_Oct'24 (Rs. Crs) % Gwth SPLY
Gynaec
N07C01 BETAHISTINE 40 2 B03A03 CONV.IRON INJ. 77 3
N07A01 PREGABALIN 30 5 G03D03 PROGESTERONE 75 7
N03A0J OXCARBAZEPINE 29 9 G03G06 HUMAN MENOPAUSAL GONADOTROP. 41 7
N03A10 BRIVARACETAM 27 34 G02C01 OTHER GYNAECO.PREP. 35 1
N03A0I NORTRIPTYLINE+PREGABALIN 26 5 G03D02 NORETHISTERONE 27 6
N07A02 PREGABALIN+MECOBALAMIN 25 1 G03K02 MIFEPRISTONE+MISOPROSTOL 26 -13
N03A04 SODIUM VALPROATE ORAL SOLIDS 24 6 G03G05 HUMAN CHORIONIC GONADOTROP. 26 -4
Urology
L01G03 BEVACIZUMAB RECOMBINANT 26 46 G03J03 TAMSULOSIN 27 11
L01C01 PACLITAXEL 20 -1 G03J0E SILODOSIN 23 12
L04X06 MYCOPHENOLIC ACID 15 7 G04B01 URINARY ALKALISERS 22 2
L03A01 FILGRASTIM 14 57 G04B0D ALPHA KETOANALOGUE 20 27
L01B05 METHOTREXATE 14 12 V03D05 TADALAFIL 20 12
L04X01 MYCOPHENOLATE MOFETIL 13 11 G04B02 FLAVOXATE 18 22
• In Neuro therapy, Levetiracetam is the top contributing subgroup with 98 Cr of sales with a growth of 6%
• In Gynaec therapy, Conv iron solids, liquids and inj. together have contributed to ~318 Cr of sales
• In Antineoplast therapy, Filgrastim posted highest growth of 57%
• In Urology therapy, Alpha Ketoanalogue posted highest growth of 27%
➢ Total number of SKUs with PTR changes in Oct'24 are 2939. ➢ 698 new packs were Introduced in Oct'24
➢ Among the top 50 brands of the industry, PTR changes reflected in SKUs
of the following brands : Foracort, Mixtard, Augmentin, Thyronorm,
Clavam, Duolin, Manforce, Azithral, Aciloc, Telma-AM, Mikacin, Volini.
➢ 15 new labs has been introduced in Oct'24 dataset ➢ 70 brand transfer registered in Oct'24