India: biotechnology industry market value 2030| ��ƽ��

Health, Pharma & Medtech
Pharmaceutical Products & Market

Market value of biotechnology industry in India in 2023, with estimates for 2025 and 2030 (in billion U.S. dollars)

Characteristic	Market value in billion U.S. dollars
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Supplementary notes

*Estimates.

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Market value of biotechnology industry in India 2020-2030

Published by A. Minhas, Oct 24, 2023

As of 2023, the Indian biotechnology industry was valued at over ** billion U.S. dollars. The industry was expected to reach a market value of *** billion dollars by 2030. The growth of the industry would be driven by the increasing demand for vaccines and biopharmaceuticals in the domestic and international markets.