India’s pharma industry is one of the fastest-growing industries. Under this, the ophthalmic segment has the fastest growth due to a rise in eye diseases, pollution, and excessive screen usage. Therefore, with over 275 million visually disabled Indians, there is record-breaking demand for quality eye drops pharma products. The eye drops PCD franchise business is a golden opportunity for budding investors. The Indian ophthalmic pharma industry is expected to expand at a CAGR of 7.5% and reach INR 15,000 crore by 2028. However, increasing health awareness and government policies have further strengthened the growth of the industry.
Investment in eye drops PCD franchise business with a branded player guarantees high margin returns, monopoly rights, and steady demand. If you are ready to invest in the pharma segment, then this is the time to ride the booming ophthalmic market.
Why is Eye Drops PCD Franchise Business a Profitable Business in India?
Rising Indian Demand for Eye Drops
India boasts the world’s second-largest number of blind and visually impaired individuals. Constant exposure to electronic devices caused a geometric rise in myopia, eye strain, and infection, and an urgent demand for quality ophthalmic products. Moreover, rural markets lack proper access to quality eye care, which is a huge developing market. Additionally, the eye drops PCD franchise business provides investors with the potential to distribute top-of-the-line medicines in these underserved marketplaces, which lends itself to social good & business success.
Low Cost & High Profit Margins
Compared to other pharmacy chains, it is very reasonable to invest in an eye drop chain. A minimum investment of INR 50,000 to INR 2 lakh is enough to start with. Although the initial investment is less, the profit margin is 30% to 60%, and it is a very good business model. As part of a thriving best eye drops franchise company, there is a guaranteed supply of high-quality products. That will increase consumer confidence and ensure long-term revenues.
Government Support & Healthcare Expansion
The Indian government is also proactively contributing to the provision of health through policy and investment initiatives. The cost of medical care has been reduced by Pradhan Mantri Jan Arogya Yojana (PM-JAY). This will generate greater demand for pharmaceutical products. Given that India’s health expenditure is likely to reach INR 8.6 lakh crore by 2025. The pharma sector and ophthalmology too can be anticipated to flourish.
How to begin a successful Eye Drops Pharma Products franchise?
– The right partner makes all the difference. Choose WHO-GMP-certified manufacturers that deliver best-in-class products and regulatory adherence. Hence, Xenon Pharmaceuticals is a trusted partner with a comprehensive range of eye drops pharma products that are assured to be safe and effective.
– Selecting a business that provides monopoly rights enables business conduct without home competition. Moreover, selecting a supplier with powerful marketing and logistical capabilities enables the conduct of business with ease and higher profitability.
– Franchise growth depends upon marketing. The old ways of marketing, such as meeting ophthalmologists and hospitals, still work. But marketing on the internet has been the company’s secret ingredient.
– Furthermore, a well-designed and content-rich website with product details, customer reviews, and contact information can instill confidence and motivate customers.
– So that they can gain maximum profit, the franchise owners need to expand their business. Expansion in tier-2 and tier-3 cities, where healthcare centers are under development, can be highly profitable.
– Also, tie-ups with web-based pharmacies can increase sales volume. The Indian e-pharmacy market is set to expand to INR 25,000 crore by 2025.
Final Thoughts
As a result, the best eye drops franchise company is a good investment opportunity in the fast-growing pharma market in India. Ophthalmic medicines have a growing demand, government-funded health initiatives, and massive margins for the business model. With endless growth and sustainable advancement, the business model is a very captivating investment opportunity. For instance, investing in a pharma company like Xenon Pharmaceuticals means you are set to succeed with their reputation and better business performance for the long term. The window of opportunity you must seize if you want to invest in a high-growth, low-risk business!
Frequently Asked Questions
Q1. What is the minimum investment for an Eye Drops PCD Franchise Business?
Ans. The investment is usually between INR 50,000 and INR 5 lakh, depending upon the product and size of the company.
Q2. How do I increase my sales in the eye drops franchise business?
Ans. With an emphasis on doctor networking, online marketing, and growth in tier-2 and tier-3 cities, sales and revenues can be increased manifold.
Q3. Is the demand for eye drops pharma products expected to grow in India?
Ans. Yes, with greater screening, pollution, and ageing, demand for ophthalmic products will probably increase at a steady rate.
Contact Details:
Company Name: Xenon Pharmaceuticals
Phone: +91-94160-45111, +91-89015-46111
Email: xenonpharma50@gmail.com
Address: 598, M. K. Technology Park,
Landran, Banur Highyway, SAS Nagar, Mohali, Punjab – 140307