India Pharmaceutical Regulatory Affairs Market Size & Outlook
India pharmaceutical regulatory affairs market, 2018-2030 (US$M)
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India pharmaceutical regulatory affairs market highlights
- The India pharmaceutical regulatory affairs market generated a revenue of USD 379.7 million in 2023 and is expected to reach USD 698.2 million by 2030.
- The India market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, regulatory writing & publishing was the largest revenue generating services in 2023.
- Legal Representation is the most lucrative services segment registering the fastest growth during the forecast period.
Pharmaceutical regulatory affairs market data book summary
| Market revenue in 2023 | USD 379.7 million |
| Market revenue in 2030 | USD 698.2 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Regulatory writing & publishing |
| Fastest growing segment | Legal Representation |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Regulatory Consulting, Legal Representation, Regulatory Writing & Publishing, Product Registration & Clinical Trial Applications, Other Services |
| Key market players worldwide | Labcorp Holdings Inc, IQVIA Holdings Inc, Icon PLC, Wuxi AppTec Co Ltd, Charles River Laboratories International Inc, Cencora Inc, Pharmexon, Genpact Ltd, Freyr Solutions, PAREXEL |
Other key industry trends
- In terms of revenue, India accounted for 7.5% of the global pharmaceutical regulatory affairs market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan pharmaceutical regulatory affairs 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 698.2 million by 2030.
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Pharmaceutical Regulatory Affairs Market Scope
Pharmaceutical Regulatory Affairs Market Companies
| Name | Profile | # Employees | HQ | Website |
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India pharmaceutical regulatory affairs 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 pharmaceutical regulatory affairs market will help companies and investors design strategic landscapes.
Regulatory writing & publishing was the largest segment with a revenue share of 36.56% in 2023. Horizon Databook has segmented the India pharmaceutical regulatory affairs market based on regulatory consulting, legal representation, regulatory writing & publishing, product registration & clinical trial applications, other services covering the revenue growth of each sub-segment from 2018 to 2030.
Global life sciences companies commonly outsource biopharmaceutical services to India. Cost benefits, improved infrastructure facilities, and a large pool of technical expertise are some of the major factors propelling pharmaceutical regulatory affairs market growth in India.
Global biopharmaceutical companies outsource the manufacturing of biopharmaceutical products for clinical trials or sales in emerging countries such as India. The outsourcing trend in manufacturing is expected to increase the demand for regulatory services by biopharmaceutical companies, thereby providing an opportunity for regulatory service providers or CROs to explore the market.
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Target buyers of India pharmaceutical regulatory affairs market databook
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Our clientele includes a mix of pharmaceutical regulatory affairs 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 pharmaceutical regulatory affairs market , including forecasts for subscribers. This country databook contains high-level insights into India pharmaceutical regulatory affairs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India pharmaceutical regulatory affairs market size, by services, 2018-2030 (US$M)
India Pharmaceutical Regulatory Affairs Market Outlook Share, 2023 & 2030 (US$M)
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