New Delhi, Aug. 8 -- The Indian Pharmaceutical Market (IPM) recorded a strong 12.1 per cent year-on-year growth in value terms in July 2026, while unit growth remained considerably lower at 1.6 per cent, highlighting the growing contribution of pricing, new products and premium therapies to industry expansion, according to PharmaTrac's July 2026 industry report.

On a moving annual total (MAT) basis, the IPM grew 10.2 per cent in value terms in July, while unit growth stood at 1.1 per cent. The monthly performance marked a further acceleration in market growth, with IPM value expansion improving from 7.3 per cent in the earlier period to 12.1 per cent in July.

PharmaTrac's analysis indicates that July's 12.1 per cent value growth compris...