India Clinical Trial Supplies Market Size & Outlook
The clinical trial supplies market in India is expected to reach a projected revenue of US$ 77.7 million by 2030. A compound annual growth rate of 7.7% is expected of India clinical trial supplies market from 2024 to 2030.
Revenue, 2023 (US$M)
$46.2
Forecast, 2030 (US$M)
$77.7
CAGR, 2024 - 2030
7.7%
Report Coverage
India
India clinical trial supplies market, 2018-2030 (US$M)
Related Markets
India clinical trial supplies market highlights
- The India clinical trial supplies market generated a revenue of USD 46.2 million in 2023 and is expected to reach USD 77.7 million by 2030.
- The India market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, phase iii was the largest revenue generating phase in 2023.
- Phase I is the most lucrative phase segment registering the fastest growth during the forecast period.
Clinical trial supplies market data book summary
| Market revenue in 2023 | USD 46.2 million |
| Market revenue in 2030 | USD 77.7 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Phase iii |
| Fastest growing segment | Phase I |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phase I, Phase II, Phase III |
| Key market players worldwide | Almac Group, Catalent Inc, Waldencast PLC Class A, PCI Technology, Sharp Corp, Thermo Fisher Scientific Inc, PAREXEL, Marken, KLIFO, BioCair |
Other key industry trends
- In terms of revenue, India accounted for 1.8% of the global clinical trial supplies 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 supplies market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 149.7 million by 2030.
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Clinical Trial Supplies Market Scope
Clinical trial supplies market segmentation & scope
Clinical Trial Supplies Market Companies
| Name | Profile | # Employees | HQ | Website |
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India clinical trial supplies market size, by phase, 2018-2030 (US$M)
India Clinical Trial Supplies Market Outlook Share, 2023 & 2030 (US$M)
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