India Cancer Immunotherapy Drug Discovery Outsourcing Market Size & Outlook

The cancer immunotherapy drug discovery outsourcing market in India is expected to reach a projected revenue of US$ 160.1 million by 2030. A compound annual growth rate of 11.8% is expected of India cancer immunotherapy drug discovery outsourcing market from 2024 to 2030.
Revenue, 2023 (US$M)
$73.4
Forecast, 2030 (US$M)
$160.1
CAGR, 2024 - 2030
11.8%
Report Coverage
India

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India cancer immunotherapy drug discovery outsourcing market, 2018-2030 (US$M)

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India cancer immunotherapy drug discovery outsourcing market highlights

  • The India cancer immunotherapy drug discovery outsourcing market generated a revenue of USD 73.4 million in 2023 and is expected to reach USD 160.1 million by 2030.
  • The India market is expected to grow at a CAGR of 11.8% from 2024 to 2030.
  • In terms of segment, monoclonal antibodies was the largest revenue generating drug type in 2023.
  • Cancer Vaccines and Oncolytic Viral Therapy is the most lucrative drug type segment registering the fastest growth during the forecast period.


Cancer immunotherapy drug discovery outsourcing market data book summary

Market revenue in 2023USD 73.4 million
Market revenue in 2030USD 160.1 million
Growth rate11.8% (CAGR from 2024 to 2030)
Largest segmentMonoclonal antibodies
Fastest growing segmentCancer Vaccines and Oncolytic Viral Therapy
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationImmunomodulators, Monoclonal Antibodies, Cancer Vaccines and Oncolytic Viral Therapy
Key market players worldwideLabcorp Holdings Inc, PerkinElmer, WuXi Biologics (Cayman) Inc, Genscript Biotech Corp Class H, Eurofins Scientific SE, Personalis Inc, Explicyte, Aquila BioMedical, Crown Bioscience, Promega, Beach Energy Ltd, Celentyx, Nexelis, STC Biologics, Life Molecular Imaging


Other key industry trends

  • In terms of revenue, India accounted for 5.5% of the global cancer immunotherapy drug discovery outsourcing market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China cancer immunotherapy drug discovery outsourcing market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 160.1 million by 2030.

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Cancer Immunotherapy Drug Discovery Outsourcing Market Companies

Name Profile # Employees HQ Website
Life Molecular Imaging View profile 51-100 Berlin, Berlin, Germany, Europe https://life-mi.com
STC Biologics View profile 11-50 Cambridge, Massachusetts, United States, North America https://stcbiologics.com/
Nexelis View profile 101-250 Seattle, Washington, United States, North America https://nexelis.com/en/
Celentyx View profile 11-50 Birmingham, Birmingham, United Kingdom, Europe https://celentyx.com/
Beach Energy Ltd View profile 214 80 Flinders Street, Level 8, Adelaide, SA, Australia, 5000 https://www.beachenergy.com.au
Crown Bioscience View profile 251-500 Santa Clara, California, United States, North America http://www.crownbio.com
Aquila BioMedical View profile - Edinburgh, Edinburgh, City of, United Kingdom, Europe http://www.aquila-bm.com/
Explicyte View profile 11-50 Bordeaux, Aquitaine, France, Europe https://explicyte.com
Promega View profile 5001-10000 Madison, Wisconsin, United States, North America http://www.promega.com/es
Genscript Biotech Corp Class H View profile 6937 No. 28, Yongxi Road, Jiangning Science Park, Jiangsu Province, Nanjing, China, People's Republic of, 211100 https://www.genscript.com
PerkinElmer View profile 10001+ Waltham, Massachusetts, United States, North America http://www.perkinelmer.com
WuXi Biologics (Cayman) Inc View profile 12740 No. 108, Meiliang Road, Mashan Binhu District, Wuxi, China, People's Republic of, 214092 https://www.wuxibiologics.com
Labcorp Holdings Inc View profile 67000 358 South Main Street, Burlington, NC, United States, 27215 https://www.labcorp.com
Personalis Inc View profile 225 6600 Dumbarton Circle, Fremont, CA, United States, 94555 https://www.personalis.com
Eurofins Scientific SE View profile 61798 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 https://www.eurofins.com

India cancer immunotherapy drug discovery outsourcing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cancer immunotherapy drug discovery outsourcing market will help companies and investors design strategic landscapes.


Monoclonal antibodies was the largest segment with a revenue share of 64.85% in 2023. Horizon Databook has segmented the India cancer immunotherapy drug discovery outsourcing market based on immunomodulators, monoclonal antibodies, cancer vaccines and oncolytic viral therapy covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of India cancer immunotherapy drug discovery outsourcing market databook

  • Our clientele includes a mix of cancer immunotherapy drug discovery outsourcing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the India cancer immunotherapy drug discovery outsourcing market , including forecasts for subscribers. This country databook contains high-level insights into India cancer immunotherapy drug discovery outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India cancer immunotherapy drug discovery outsourcing market size, by drug type, 2018-2030 (US$M)

India Cancer Immunotherapy Drug Discovery Outsourcing Market Outlook Share, 2023 & 2030 (US$M)

India cancer immunotherapy drug discovery outsourcing market size, by drug type, 2018-2030 (US$M)

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