Some interesting facts from PharmEasy DRHP
1. India has 9 doctors for every 10,000 people
2. India has 7 beds for every 10,000 people
3. 60% Indians don’t have access to IPD healthcare facilities in a 5km radius.
4. 60% of healthcare spend in India is out of pocket
5. Mostly 100% of the outpatient care spend in India is out of pocket.
6. Government spending is 27% of the overall healthcare spend in India v/s global average of 45-50%
7. 90% of the medicine sold in India are branded generics.
8. The pharma market is heavily fragmented with more than 60,000 distributors and 8,00,000 retailers
9. The average size of an unorganised pharmacy(72%) is less than 500sqft
10. About 20-25% of the medics sold in India are fake.
11. The hospitalization rate in India is at 3-4%
12. In India, Pharma, Diagnostics, OTC, Consultation and hospital supplies together account for $56bn, which is 41% of the overall healthcare spend.
13. India Pharma(medicines only) is $28bn, and expected to reach $43bn by 2025
14. Pharma market grew by 11% CAGR FY15-19
15. Chronic Segment account for 55% of the Pharma market
16. Pharma value chain (% MRP build up) – Manufacturer (60-70%)- Distributor (10-15%) – Organised Retailers (25-27%)/Unorganised Retailers (20%)/Hospital (40-45%) – End user
17. As of 2020, online penetration in Indian Pharma stood at 2.3%
18. PharmEasy targetable Market size is $139bn(2020)
19. In the US, Top 3 pharma distributors have 90% Market Share whereas in its 10% (FY20)
20. India’s ehealth market GMV is Rs. 89bn.
My Investment Notes 