India CRO Market Size, Share, Trend, New Opportunities, Segment Analysis and Forecast to 2030

India CRO Market Research Report Information, by Services Type (Clinical trials, Product Development, Process Development, Post-Marketing Surveillance, Quality Monitoring and Others); by Therapeutic Application (Oncology, Cardiovascular, Neurology, Nephrology and Urology, and Others) and by End Users (Pharmaceutical/biopharmaceutical Companies, Medical devices Companies and Academic Institutes) – Forecast till 2030

According to MRFR analysis, the india CRO market is expected to register a CAGR of~7.50% from 2022 to 2030and hold a value of over USD 979.8 million by 2030.

The India Clinical Research Organization (CRO) Market refers to the industry of companies and organizations in India that provide services related to clinical research for the pharmaceutical, biotechnology, and medical device industries. The India CRO market is growing due to factors such as the increasing number of clinical trials being conducted in India. This growth has also been driven by the increasing outsourcing of clinical research activities by global pharmaceutical companies.

The COVID-19 pandemic has had a significant impact on the India Clinical Research Organization (CRO) market. The outbreak caused disruptions in clinical trials, leading to delays and disruptions in the drug development process. Clinical trials were postponed or temporarily stopped due to lockdowns and restrictions on movement, which made it difficult to recruit participants and conduct trials according to schedule.

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Segmentation

The india CRO market has been segmented into type, therapeutic application, and end-user.

Based on the type, the market has been segmented into Clinical trials, Process Development, Post-Marketing Surveillance and Quality Monitoring and Others.

Based on the therapeutic application, the market has been segmented into Oncology, Cardiovascular, Neurology, Nephrology and Urology and Others.

Based on the end-user, the market has been segmented into Pharmaceutical Companies and Medical devices Companies and Academic Institutes.

Key Players

Some of the key market players:

• Syngene
• Pharmaceutical Product Development
• Siro Clinpharm
• Clininvent Research Pvt. Ltd.
• VIMTA
• Bilcare Limited
• Aizant Drug Research Solutions Private Limited
• Piramal Pharma Solutions
• Synapse Labs Pvt Limited
• Eurofins Scientific

Regional Analysis

The largest region for the India Clinical Research Organization (CRO) market is North America, followed by Europe. The growth in the CRO market in India is attributed to the increasing demand for cost-effective clinical trial services and the availability of a large pool of trained medical professionals.

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The largest region in the India Clinical Research Organization (CRO) market is the National Capital Region (NCR), which includes the cities of Delhi and Gurugram. This region has also been a hub for pharmaceutical and biotechnology companies, which has contributed to the growth of the CRO market in this area.

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