India Preclinical Research Market Witness Highest Growth AT a CAGR of 11.5% by 2030

Jackdaniel28 Jan, 2025Business

India Preclinical Research Market size was valued at around USD 175 million in 2024 and is projected to reach USD 300 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 11.5% during the forecast period (2025-30). The market growth is ascribed to several factors including the sizeable patient base, rising demand for innovative drug development, encouraging government policies, low trial costs, and growing outsourcing trends of clinical trials in the R&D domain globally.

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