Role of PCD Companies In Distributing And Promoting Inhalers In The Pharmaceutical Industry

Role of PCD Companies In Distributing And Promoting Inhalers In The Pharmaceutical Industry - PCD Pharma Franchise is a popular business strategy that helps in capturing the new market by offering exclusive monopoly rights to the holders at minimal investment. First of all, PCD stands for propaganda-cum-distribution and allows hassle-free and independent business opportunities but with full assistance and support from the pharmaceutical company. Here we are going to discuss the “Role of PCD Companies In Distributing And Promoting Inhalers In The Pharmaceutical Industry”. 

PCD Pharma Franchise is quite a lucrative business in the pharma sector that requires low investment and minimum qualification. Anyone with the pharma sector experience can invest in a PCD pharma franchise business opportunity. Also, the current market size of pharma products is expected to grow up to USD 1-1.3 trillion by the end of 2030 and the CAGR rate is approximately 22%. Especially there is an increasing demand for respiratory products such as inhalers, respules, and so on. 

Rising Respiratory Illnesses In India | A Brief

Being the second most populated nation and developing a great pharmaceutical demand. We, India are self-sufficient when it comes to pharma products and also serving the world. Coming to respiratory illnesses in India. There is a huge demand for respiratory illnesses in India. According to recent WHO reports, there is a surge of lung disease in India that accounts for over 11% of the total mortalities in the country. Also, the major segments in respiratory illnesses are allergic rhinitis, asthma, COPD, pulmonary arterial hypertension, Idiopathic pulmonary fibrosis, and lung cancer.

1. There are over 20 million patients in India suffering from asthma in India and it is increasing at an annual rate of 12%.
2. There are over 15 million patients with COPD in India and the annual rate is over 11.4%.
3. Allergies due to pollen, dust particles, etc. are rising at a significant rate. 

This clearly shows that doing a pharma business in PCD pharma franchise for inhalers in India. So, if you are thinking of partnering with the best respiratory product pharma company in India, then you can contact Nutra Respiro!

Growing Inhaler Market In India 

Being a price-sensitive market, India still has a huge demand for respiratory drugs including inhalers. There are different kinds of inhalers available in the market. The major categories are - Dry Powder Inhalers (DPI) and Metered Dose Inhalers (MDI). However, there is an increasing demand for corticosteroids, budesonide+formoterol, fluticasone+salmeterol, etc. MDI. This surge in overall demand is due to more awareness among people regarding respiratory illnesses, increased air pollution, and tobacco consumption. Also, a large population & developing healthcare has a positive effect on the growing inhaler market. Moreover, India has the most polluted cities in the world such as Kanpur, Varanasi, Faridabad, and others 15 (as per the WHO data.).

There are multiple distribution channels for inhaler products including online channels, retail pharmacies, and hospital pharmacies. Here, hospitals hold the major holds in the distribution channels. Also, the COVID-19 pandemic has had a positive impact on the global demand for inhalers. So, start an inhaler PCD company today!

Role of PCD Companies In Distributing And Promoting Inhalers In The Pharmaceutical Industry 

One of the major perks of investing in a PCD Pharma Franchise is the promotion and distribution. In India, there are many companies that deal in pharma franchises that take care of the distribution and supply across. Also, there are two types of distributorship available - single-party distributors and multi-party distributors. 

Single-Party Distributor System - The single distributors cover mostly promoters and distributors that work directly with the manufacturers. But this strategy works for the small scale and only direct sales take place. However, the profit margin is quite good and has much fewer sales. 

Multi-Party Distributor System - Whereas multi-party distributors, the pharma products are purchased from the pharma company or PCD pharma franchise company and after that appointed to the further distributor's chain. This takes place on a much larger scale but has a low-profit margin. 

Now coming to the promotion and marketing strategy, with increasing competition in the market, the company took care of all the marketing strategies. For any franchise holders, it is a plus point that they will get all the promotional strategy assistance from the company. Here is the list of free-of-cost promotional tools such as 

• MR Bags 
• Visiting card
• Brochures
• Pen, notebooks
• Calendar
• LBL, paperweight
• Keychains, Notepads, etc. 

Final Takeaway 

Inhalers have been an effective way of treating asthma, and COPD that provides immediate relief. In India, the demand for inhalers has exponential growth. This clearly shows that investing in an inhaler PCD franchise is the best decision. At last, we hope you find all the information regarding the “Role of PCD Companies In Distributing And Promoting Inhalers In The Pharmaceutical Industry”.