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Pharma Retail: Report on the Overview and Structure of the Pharma Industry in India with focus on RetailIntroduction - Structure of IndustryAs mentioned earlier, the industry is highly fragmented. There are currently over 800,000 medical shops serving the market. Trade associations and experts opine that nearly 97-99% is dominated by the unorganized sector. This is high penetration, compared to other similar countries. China, for instance, has 2 lakh shops serving a market estimated to be US$15 billion.
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