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Market size of the pharmaceutical industry in India for 2021 and 2023, with forecast for 2035 (in billion U.S. dollars)

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Source

Release date

February 2026

Region

India

Survey time period

2021 and 2023

Supplementary notes

*±Ê°ù´ÇÂá±ð³¦³Ù±ð»å.Ìý

Citation formats

Market size of pharmaceutical industry India 2021-2030

Published by A. Minhas, Apr 24, 2026

India's pharmaceutical market size was valued at about ** billion U.S. dollars in 2023. The market is likely to increase to *** billion U.S. dollars by 2030. India is the third-largest producer of pharmaceutical products worldwide. 

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Pharmaceuticals in IndiaGlobal pharmaceutical industryPharmaceutical industry in JapanPharmaceutical industry in ChinaPharmaceutical industry in South Korea
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