India Clinical Trial Imaging Market Size & Outlook
India clinical trial imaging market, 2018-2030 (US$M)
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India clinical trial imaging market highlights
- The India clinical trial imaging market generated a revenue of USD 33.2 million in 2023 and is expected to reach USD 59.0 million by 2030.
- The India market is expected to grow at a CAGR of 8.6% from 2024 to 2030.
- In terms of segment, project and data management was the largest revenue generating service in 2023.
- System and Technology Support Services is the most lucrative service segment registering the fastest growth during the forecast period.
Clinical trial imaging market data book summary
| Market revenue in 2023 | USD 33.2 million |
| Market revenue in 2030 | USD 59.0 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Project and data management |
| Fastest growing segment | System and Technology Support Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clinical Trial Design and Consultation Services, Reading and Analytical Services, Operational Imaging Services, System and Technology Support Services, Project and Data Management |
| Key market players worldwide | Ixico, Navitas Organics, Medpace Holdings Inc, Clario, BioTelemetry, ProScan Imaging, Cardiovascular Imaging Technologies, Intrinsic Imaging, Resonance Health |
Other key industry trends
- In terms of revenue, India accounted for 2.9% of the global clinical trial imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China clinical trial imaging 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 86.7 million by 2030.
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Clinical Trial Imaging Market Scope
Clinical Trial Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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India clinical trial imaging 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 clinical trial imaging market will help companies and investors design strategic landscapes.
Project and data management was the largest segment with a revenue share of 28.92% in 2023. Horizon Databook has segmented the India clinical trial imaging market based on clinical trial design and consultation services, reading and analytical services, operational imaging services, system and technology support services, project and data management covering the revenue growth of each sub-segment from 2018 to 2030.
The penetration of clinical trial imaging in India is increasing owing to the growing demand for treatment options for cardiovascular diseases, kidney diseases, and diabetes.
Therefore, to meet the growing demand, global market players are forming partnerships with various clinical trial outsourcing firms in India to expand their service offerings in the country.
Moreover, presence of CROs in the country, which provide enhanced clinical trial services, is expected to contribute to the market growth. KPS Clinical Services is an Indian CRO that provides clinical research services to biotechnology, pharmaceutical, & medical device companies and academic institutes.
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Target buyers of India clinical trial imaging market databook
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Our clientele includes a mix of clinical trial imaging 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 clinical trial imaging market , including forecasts for subscribers. This country databook contains high-level insights into India clinical trial imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India clinical trial imaging market size, by service, 2018-2030 (US$M)
India Clinical Trial Imaging Market Outlook Share, 2023 & 2030 (US$M)
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