India Biosimilars Market (2024-2030) Outlook | Value, Analysis, Revenue, Share, Forecast, Companies, Industry, Size, Growth & Trends

India Biosimilars Market Synopsis

The India biosimilar market is expected to grow at a CAGR of 24.5% during the forecast period from 2020 to 2027, due to increasing government support and initiatives such as Make in India program and Drug Pricing Control Order (DPCO). This has enabled increased access for drugs at low cost and improved affordability among consumers across the country. The rising prevalence of chronic diseases such as cancer, diabetes, rheumatoid arthritis and others are driving growth in the market. Additionally, technological advancements related to biologics development have facilitated greater acceptance among medical professionals for using biosimilars instead of branded products or generic medicines.

Drivers of the Market:

Increasing Prevalence Of Chronic Diseases: The rising prevalence of chronic conditions is fueling demand for more effective treatment solutions, which is boosting the adoption rate of biological therapies including monoclonal antibody-based therapeutics (mAb), recombinant proteins/antibodies (rPAb), peptides/small molecules etc., thereby providing an impetus for growth in this sector. Government Incentives And Regulatory Support: Various government schemes like Pradhan Mantri Jan Aushadhi Yojana (PMJAY) have been launched to provide affordable healthcare services by enabling access to quality medicines at lower prices through public distribution systems such as Jan Aushadi stores ? these also include various kinds of biologicals including biosimilars. Additionally, regulatory authorities like Central Drugs Standard Control Organization (CDSCO) have introduced certain guidelines that help simplify product registration processes while promoting innovation within this space so that manufacturers can make high-quality yet cost-effective products available in the market without compromising safety standards or efficacy parameters.

Key Highlights of the Report:

• India Biosimilars Market Outlook
• Market Size of India Biosimilars Market, 2020
• Forecast of India Biosimilars Market, 2027
• Historical Data and Forecast of India Biosimilars Revenues & Volume for the Period 2023 - 2027
• India Biosimilars Market Trend Evolution
• India Biosimilars Market Drivers and Challenges
• India Biosimilars Price Trends
• India Biosimilars Porter's Five Forces
• India Biosimilars Industry Life Cycle
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Product for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Insulin for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Follitropin for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Calcitonin for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Glucagon for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Teriparatide for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Others for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Indication for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Oncology for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Offsite Treatment for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Chronic Disorders for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Blood Disorders for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Infectious Diseases for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Others for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Manufacturing for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By Outsourced for the Period 2023 - 2027
• Historical Data and Forecast of India Biosimilars Market Revenues & Volume By In-house for the Period 2023 - 2027
• India Biosimilars Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Indication
• Market Opportunity Assessment By Manufacturing
• India Biosimilars Top Companies Market Share
• India Biosimilars Competitive Benchmarking By Technical and Operational Parameters
• India Biosimilars Company Profiles
• India Biosimilars Key Strategic Recommendations