India Cell And Gene Therapy Manufacturing Market Size & Outlook
India cell and gene therapy manufacturing market, 2018-2030 (US$M)
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India cell and gene therapy manufacturing market highlights
- The India cell and gene therapy manufacturing market generated a revenue of USD 127.2 million in 2022 and is expected to reach USD 674.5 million by 2030.
- The India market is expected to grow at a CAGR of 23.2% from 2023 to 2030.
- In terms of segment, cell therapy was the largest revenue generating therapy type in 2022.
- Gene Therapy is the most lucrative therapy type segment registering the fastest growth during the forecast period.
Cell and gene therapy manufacturing market data book summary
| Market revenue in 2022 | USD 127.2 million |
| Market revenue in 2030 | USD 674.5 million |
| Growth rate | 23.2% (CAGR from 2022 to 2030) |
| Largest segment | Cell therapy |
| Fastest growing segment | Gene Therapy |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gene Therapy, Cell Therapy |
| Key market players worldwide | Lonza Group Ltd, Bluebird bio Inc, Catalent Inc, Roche, Samsung BioLogics, Boehringer Ingelheim, Hitachi Ltd, Takara Bio Inc, Miltenyi Biotec, Thermo Fisher Scientific Inc, Novartis AG ADR, Merck KGaA, Wuxi AppTec Co Ltd |
Other key industry trends
- In terms of revenue, India accounted for 1.7% of the global cell and gene therapy manufacturing market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cell and gene therapy manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,689.5 million by 2030.
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Cell And Gene Therapy Manufacturing Market Scope
Cell And Gene Therapy Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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India cell and gene therapy manufacturing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cell and gene therapy manufacturing market will help companies and investors design strategic landscapes.
Cell therapy was the largest segment with a revenue share of 67.77% in 2022. Horizon Databook has segmented the India cell and gene therapy manufacturing market based on gene therapy, cell therapy covering the revenue growth of each sub-segment from 2018 to 2030.
India is expected to witness lucrative growth in the cell and gene therapy manufacturing market. The Indian healthcare industry is witnessing growing demand for advanced therapeutic solutions, such as gene- and cell-based therapies, to treat life-threatening diseases.
Owing to this, the cell and gene therapy manufacturing market in India is expected to witness growth. In December 2019, the Indian Council of Medical Research (ICMR) issued national guidelines for developing and applying gene therapies in India.
This is expected to increase the number of clinical trials for gene therapies in the country by accelerating innovation and research in gene therapies. Such government policies are expected to boost market penetration for cell and gene therapy manufacturing in India.
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Target buyers of India cell and gene therapy manufacturing market databook
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Our clientele includes a mix of cell and gene therapy manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India cell and gene therapy manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into India cell and gene therapy manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India cell and gene therapy manufacturing market size, by therapy type, 2018-2030 (US$M)
India Cell And Gene Therapy Manufacturing Market Outlook Share, 2022 & 2030 (US$M)
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