Pediatric range franchise in Chandigarh: there is evidence that demand for pediatric range franchise/pediatric pharma items is increasing, both nationally and locally in Chandigarh/north India. Various factors demonstrate this increase, significant reasons, and certain cautions to be aware of. However, market size and forecasts for this industry are defined such that the Indian pediatric healthcare market was worth USD 441.6 million in 2024 and is expected to grow to USD 654.2 million by 2033, with a CAGR of around 4.5%. Along with this, the pediatric medicines and vaccines market is projected to quadruple from ~ USD 122.5 billion in 2023 to ~ USD 265.5 billion by 2033. Also, the pediatric drugs market more broadly is anticipated to grow at a rate of around 12-13% internationally over the coming years.
In addition, Chandigarh is becoming a pharmaceutical centre. There are several pharmaceutical production facilities, raw material suppliers, packaging vendors, and so on in the area. All these contribute to cost savings and improved supply chain efficiency. Even with this, several pcd/pediatric range franchisees are already functioning or promoting deals in Chandigarh. This shows that there is already a huge demand and competition for the pharma franchise business in Chandigarh. As a result, we can say that there is a huge business scope and demand for the pediatric pcd franchise in Chandigarh.
Important steps to consider while investing in a trustworthy pediatric range franchise in Chandigarh
There are several factors to consider while selecting a firm for a pediatric medicines franchise in Chandigarh (or nearby). Thus, here are crucial criteria, questions, and checklists to assist you in making a wise selection:
Regulatory compliance and certifications:
This includes checking if the firm has the necessary licenses. Moreover, GMP, ISO, and other certifications are significant advantages in the pharmaceutical industry. Thus, you first need to check these certifications.
Product range and quality:
Check the scope of the specific company’s pediatric offerings, such as liquids, syrups, droplets, topicals, injections, and so on. Safety is especially important with pediatric medications.
Track record and reputation:
You need to verify how long they have been in the pediatric pharmaceutical space. What is their reputation with physicians, chemists, and hospitals? Moreover, speak with existing franchisees to learn about their profitability, issues, and whether promises (such as delivery schedules and assistance) are delivered in practice.
Territory and monopoly rights:
Will you have exclusive rights to a certain geographic region (e.g., pockets of Chandigarh or the outskirts)? This has an impact on both competition and pricing power.
Cost/investment/margin:
In the initial investment, you should check the franchise fee, minimum order quantities, infrastructure expenses (storage, cold chain if necessary, etc. Moreover, you can check ongoing costs that include royalties (if applicable), marketing fees, and compliance/audit fees.
Profit margins:
Pediatric medicines have less competition, but they are still subject to rigorous regulations, which can impact prices. Thus, if you want to invest in a genuine pediatric products franchise in Chandigarh, always study the expected results.
Supply chain and logistics:
Delivery timeliness is included with the stock availability, lead time, and emergency preparedness. Also, as a franchisee, do you find that the company provides suitable packing, cold storage, etc.?
The top demanded pediatric medicines are offered by Janus Biotech
Here we have given our company’s top-demanded pediatric medications, their kinds, and advantages:
1. Oral liquids/syrups:
This includes paracetamol syrup, antibiotic syrup (amoxicillin), and multivitamin syrups. These are useful as:
• Easy to swallow for small toddlers.
• Dosage may be simply adjusted for age and weight.
• A pleasant flavour increases obedience.
2. Suspensions/drops:
Examples include vitamin D drops, iron drops, and antibiotic drops. These medicines are beneficial as:
• Suitable for babies and newborns.
• Precise dosage is feasible.
• Easy to give with a spoon or dropper.
3. Tablets or chewable tablets:
This includes calcium chewables, multivitamins, and probiotics and has many advantages:
• Convenient for older kids.
• Flavoured flavor chewables make taking medication simpler.
• Longer shelf life than syrups.
4. Powders/granules:
This includes ORS (oral rehydration salts), probiotic powders, and antibiotic granules. This product has a few benefits, like
• It can be blended with either water or food.
• Good for youngsters who dislike syrups.
• Lightweight and simple to travel with. With.
5. Topical medications:
In this, we have added skin creams, ointments, antiseptics, and diaper rash creams. These medications are beneficial as:
• Targeted application mitigates systemic negative effects.
• Formulations that are appropriate for children and contain mild components.
Conclusion
Finally, we come to the end of this topic and let you know that Chandigarh has huge business potential for the pharma franchisee service, especially for the pediatric products. Also, top companies here provide genuine franchisee benefits to their customers. However, Janus Biotech is the top-trusted brand of the pediatric range franchise in Chandigarh that offers genuine franchisee services and pediatric products. Thus, any pharma professional can ask for our franchisees’ services.
FAQ’s
Q1. What is a pediatric pcd franchise?
Ans. A pediatric pcd franchise is a business model in which a pharmaceutical manufacturer offers an individual/firm exclusivity or distribution rights to market and distribute pediatric pharmaceuticals (syrups, drops, chewables, and so on) in a certain region, such as Chandigarh.
Q2. Why select Chandigarh for a pediatric pcd franchise?
Ans. If you want to invest in the genuine pediatric pcd franchise in Chandigarh, then here we have given some important facts behind this:
• Chandigarh is a huge pharmaceutical hub with a robust distribution network.
• A large pediatric population with increased healthcare awareness.
• It is close to Himachal Pradesh and Baddi (India’s pharmaceutical manufacturing powerhouse).
• Availability of doctors, institutions, and clinics that specialize. Thus, many specialize in child healthcare.
