As of 2023, the Indian biotechnology industry was valued at over 92 billion U.S. dollars. The industry was expected to reach a market value of 300 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.
Market value of biotechnology industry in India in 2023, with estimates for 2025 and 2030 (in billion U.S. dollars)
Other statistics that may interest you Biotechnology in Germany
Overview
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- Premium Statistic 2024 list of global top 10 biotech and pharmaceutical companies based on revenue
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- Premium Statistic Revenue of top biotech and pharmaceutical companies in Germany 2024
- Basic Statistic Biotechnology companies in Germany from 2006 to 2023
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- Premium Statistic Number of medical biotechnology companies in Germany 2010-2023
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Biopharmaceutical market
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- Basic Statistic Enterprise value change in biopharma subsectors worldwide 2023-2024
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- Premium Statistic Revenue development in biotechnology companies in Germany from 2007 to 2022
- Premium Statistic Revenue development of biopharmaceuticals in Germany from 2008 to 2023
- Premium Statistic Revenue development in the German biotech industry 1999-2023
- Premium Statistic Revenues of biopharmaceutical companies in Germany from 2007 to 2023
- Premium Statistic Biopharmaceutical approvals in Germany 2020-2023, by drug type
- Premium Statistic Biopharmaceutical revenues in Germany in 2023, by application field
Research and components
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- Premium Statistic R&D expenditure of biotechnology companies in Germany from 2009 to 2023
- Premium Statistic R&D spending development in biotechnology companies in Germany from 2007 to 2022
- Premium Statistic Biopharmaceuticals new registrations in Germany 2000-2023
- Premium Statistic Biopharmaceuticals: new registrations share in Germany 2000-2023
- Premium Statistic Biopharmaceutical drugs in Germany 2008-2023, by stage of development
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Funding
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- Basic Statistic Total raised capital in U.S. and Europe biotechnology industry 2015-2023
- Basic Statistic Venture capital in U.S. and Europe biotechnology industry 2015-2023
- Premium Statistic Financial sources for biotechnology companies in Germany 2005 to 2022
- Premium Statistic Number of private and IPO biotechnology companies in Germany 2009-2023
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Invest India. (October 24, 2023). Market value of biotechnology industry in India in 2023, with estimates for 2025 and 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 27, 2024, from https://www.statista.com/forecasts/1420112/india-biotechnology-industry-market-value
Invest India. "Market value of biotechnology industry in India in 2023, with estimates for 2025 and 2030 (in billion U.S. dollars)." Chart. October 24, 2023. Statista. Accessed December 27, 2024. https://www.statista.com/forecasts/1420112/india-biotechnology-industry-market-value
Invest India. (2023). Market value of biotechnology industry in India in 2023, with estimates for 2025 and 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 27, 2024. https://www.statista.com/forecasts/1420112/india-biotechnology-industry-market-value
Invest India. "Market Value of Biotechnology Industry in India in 2023, with Estimates for 2025 and 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Oct 2023, https://www.statista.com/forecasts/1420112/india-biotechnology-industry-market-value
Invest India, Market value of biotechnology industry in India in 2023, with estimates for 2025 and 2030 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1420112/india-biotechnology-industry-market-value (last visited December 27, 2024)
Market value of biotechnology industry in India in 2023, with estimates for 2025 and 2030 (in billion U.S. dollars) [Graph], Invest India, October 24, 2023. [Online]. Available: https://www.statista.com/forecasts/1420112/india-biotechnology-industry-market-value