Market value of biotechnology industry in India 2020-2030

Published by A. Minhas, Dec 12, 2024
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)

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

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