Future of Executive Summary India Preclinical Research Market: Key Dynamics, Size Share Analysis
The India Preclinical Research Market size was valued at around USD 175 million in 2024 and is projected to reach USD 300 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 11.5% during the forecast period (2025-30). The market growth is ascribed to several factors including the sizeable patient base, rising demand for innovative drug development, encouraging government policies, low trial costs, and growing outsourcing trends of clinical trials in the RD domain globally.
Top Market Challenges Impacting the India Preclinical Research Market Growth
Patient Enrollment and Retention in Human Trials Hampering Market Growth – Patient enrollment and retention is one of the major challenges for India’s preclinical research market. Preclinical trials primarily involve animal testing but with New Drugs and Clinical Trial Rules (2023), the government aims to replace the use of animals in research, especially in drug testing. Due to a lack of awareness and engagement, the transition to early-phase human trials (Phase I) often faces hurdles in India. Approximately 30-40% of the Phase I trials run into enrollment delays in India impacting timelines and increasing costs. The main reasons for conservatism are myths surrounding clinical research in Indians, particularly regarding safety and ethical practices. Moreover, CROs are competing for a limited number of available test subjects in metro centers where most of the preclinical testing sites are found. This can restrain the market’s growth expansion in the long run.
Understanding the Core Segments in the India Preclinical Research Market
India Preclinical Research Market Size, Share Industry Trends Analysis- Add Segment in Pargraph formatBy Model Type (Patient-Derived Organoid (PDO) model, Patient-Derived Xenograft (PDX) model), By Service (Bioanalysis and DMPK studies.
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Geographical Analysis of the India Preclinical Research Market
- South
- North
- East
- West
Out of them, the South region dominates the India Preclinical Research Market. This region holds more than 35% of the market share.
Who Dominates the India Preclinical Research Market Insights on Key Industry Players?
Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- Syngene International Limited
- Dabur Research
- JSS Medical Research
- Jubilant Biosys Ltd.
- Sugen Life Sciences
- Eurofins Advinus
- GVRP
- Veeda Clinical Research Limited
- Axis Clinicals
- Syneos Health
- Ethicare-cro
- Liveon Biolabs Pvt. Ltd.
- IQVIA Inc.
- Bioneeds
- TheraIndx Lifesciences Pvt. Ltd.
- Abiogenesis Clinpharm
- Accutest Global
- Asiatic Clinical Research
- Bio Reliance Corporation
- Cliniminds
- Hi Tech Bio Laboratories
- GVK Biosciences and others.
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