India Life Sciences Bpo Market Size & Outlook, 2023-2030
India life sciences bpo market, 2018-2030 (US$M)
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India life sciences bpo market highlights
- The India life sciences bpo market generated a revenue of USD 61,908.9 million in 2023 and is expected to reach USD 143,559.5 million by 2030.
- The India market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
- In terms of segment, pharmaceutical outsourcing was the largest revenue generating services in 2023.
- Medical devices outsourcing is the most lucrative services segment registering the fastest growth during the forecast period.
Life sciences bpo market data book summary
| Market revenue in 2023 | USD 61,908.9 million |
| Market revenue in 2030 | USD 143,559.5 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceutical outsourcing |
| Fastest growing segment | Medical devices outsourcing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharmaceutical outsourcing, Medical devices outsourcing, Contract sales and marketing outsourcing |
| Key market players worldwide | Atos SE, Boehringer Ingelheim, Catalent Inc, Labcorp Drug Development, Genpact Ltd, Icon PLC, Infosys Ltd ADR, International Business Machines Corp, Lonza Group Ltd, PAREXEL, IQVIA Holdings Inc |
Other key industry trends
- In terms of revenue, India accounted for 14.0% of the global life sciences bpo market in 2023.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India life sciences bpo market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 143,559.5 million by 2030.
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Life Sciences BPO Market Scope
Life Sciences BPO Market Companies
| Name | Profile | # Employees | HQ | Website |
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India life sciences bpo 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 life sciences bpo market will help companies and investors design strategic landscapes.
Pharmaceutical outsourcing was the largest segment with a revenue share of 55.13% in 2023. Horizon Databook has segmented the India life sciences bpo market based on pharmaceutical outsourcing, medical devices outsourcing, contract sales and marketing outsourcing covering the revenue growth of each sub-segment from 2018 to 2030.
- India Life Sciences BPO Services Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical outsourcing
- Contract Manufacturing Market
- API
- Finished Dose Form
- Packaging
- Contract Research Organizations
- Drug Discovery
- Preclinical Studies
- Clinical Trial Studies
- Regulatory Services
- Pharmacovigilance
- Contract Manufacturing Market
- Medical devices outsourcing
- Contract Manufacturing Market
- Electronic Manufacturing Services
- Finished Goods
- Raw Materials/ Components
- Contract Research Organizations
- Regulatory Consulting Services
- Product Design and Development Services
- Product Testing Services
- Product Implementation Services
- Product Upgrade Services
- Product Maintenance Services
- Contract Manufacturing Market
- Contract sales and marketing outsourcing
- Others
- Pharmaceutical outsourcing
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Our clientele includes a mix of life sciences bpo market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India life sciences bpo market, including forecasts for subscribers. This country databook contains high-level insights into India life sciences bpo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India life sciences bpo market size, by services, 2018-2030 (US$M)
India Life Sciences BPO Market Share, 2023 & 2030 (US$M)
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