India Healthcare Contract Development And Manufacturing Organization Market Size & Outlook
- HC Outsourcing
- CMO/CDMO
- Healthcare Contract Development And Manufacturing Organization Market Outlook
- CMO/CDMO
Global Market
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India healthcare contract development and manufacturing organization market highlights
- The India healthcare contract development and manufacturing organization market generated a revenue of USD 24,137.5 million in 2024 and is expected to reach USD 61,652.7 million by 2033.
- The India market is expected to grow at a CAGR of 11.2% from 2025 to 2033.
- In terms of segment, medical device was the largest revenue generating type in 2024.
- Medical Device is the most lucrative type segment registering the fastest growth during the forecast period.
Healthcare contract development and manufacturing organization market data book summary
| Market revenue in 2024 | USD 24,137.5 million |
| Market revenue in 2033 | USD 61,652.7 million |
| Growth rate | 11.2% (CAGR from 2025 to 2033) |
| Largest segment | Medical device |
| Fastest growing segment | Medical Device |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Molecule, Large Molecule, Medical Device |
| Key market players worldwide | Catalent Inc, Lonza Group Ltd, Recipharm, Siegfried Holding AG, Thermo Fisher Scientific Inc, Labcorp Drug Development, Jabil Inc, Syngene, IQVIA Holdings Inc, Almac Group, Ajinomoto Co Inc, Alcami, Vetter Pharma-Fertigung |
Other key industry trends
- In terms of revenue, India accounted for 8.7% of the global healthcare contract development and manufacturing organization market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China healthcare contract development and manufacturing organization market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 87,245.0 million by 2033.
Low cost of labor, improvements in infrastructure, and easy availability of technical expertise are some of the major drivers of India’s healthcare CDMO market. Increase in government funding for R&D to accelerate new product development has made India one of the most favored locations for the establishment of manufacturing services.
Key market drivers include growth in demand for medical devices, increase in regulatory focus on quality control for manufacturing operations, and rapid uptake of local outsourcing services by global pharmaceutical companies. Supportive government reforms are anticipated to further boost the market in the country.
For instance, the Drug Technical Advisory Board (DTAB) agreed to grant a phase III clinical trial waivers to certain pharma drugs from the U.S. & EU markets. In 2019, the Indian government allowed 100% of foreign direct investments in the contract manufacturing sector. Such initiatives are anticipated to improve the cost effectiveness of contract manufacturing services in India.
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Publish Date: Sep 16, 2025
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Healthcare Contract Development And Manufacturing Organization Market Scope
Healthcare Contract Development And Manufacturing Organization Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lonza Group Ltd | View profile | 18,000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | www.lonza.com |
| Thermo Fisher Scientific Inc | View profile | 122,000 | 168 Third Avenue, Waltham, MA, United States, 02451 | www.thermofisher.com |
| Jabil Inc | View profile | 236,000 | 10800 Roosevelt Boulevard North, Saint Petersburg, FL, United States, 33716 | www.jabil.com |
| Catalent Inc | View profile | 17,219 | 14 Schoolhouse Road, Somerset, NJ, United States, 08873 | www.catalent.com |
| Siegfried Holding AG | View profile | 4,180 | Untere Bruehlstrasse 4, Zofingen, Switzerland, CH-4800 | www.siegfried.ch |
| Labcorp Drug Development | View profile | 10001+ | Princeton, New Jersey, United States, North America | drugdevelopment.labcorp.com |
| IQVIA Holdings Inc | View profile | 87,000 | 2400 Ellis Road, Durham, NC, United States, 27703 | www.iqvia.com |
| Ajinomoto Co Inc | View profile | 43,318 | 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, Japan, 104-8315 | www.ajinomoto.co.jp |
| Recipharm | View profile | 1001-5000 | Jordbro, Stockholms Lan, Sweden, Europe | www.recipharm.com |
| Vetter Pharma-Fertigung | View profile | 5001-10000 | Ravensburg, Baden-Wurttemberg, Germany, Europe | www.vetter-pharma.com/en |
India Healthcare Contract Development And Manufacturing Organization 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 Healthcare Contract Development And Manufacturing Organization Market Outlook will help companies and investors design strategic landscapes.
Medical Device was the largest segment with a revenue share of 48.92% in 2024.
Horizon Databook has segmented the India healthcare contract development and manufacturing organization market based on small molecule, large molecule, medical device covering the revenue growth of each sub-segment from 2021 to 2033.
Low cost of labor, improvements in infrastructure, and easy availability of technical expertise are some of the major drivers of India’s healthcare CDMO market. Increase in government funding for R&D to accelerate new product development has made India one of the most favored locations for the establishment of manufacturing services.
Key market drivers include growth in demand for medical devices, increase in regulatory focus on quality control for manufacturing operations, and rapid uptake of local outsourcing services by global pharmaceutical companies. Supportive government reforms are anticipated to further boost the market in the country.
For instance, the Drug Technical Advisory Board (DTAB) agreed to grant a phase III clinical trial waivers to certain pharma drugs from the U.S. & EU markets. In 2019, the Indian government allowed 100% of foreign direct investments in the contract manufacturing sector. Such initiatives are anticipated to improve the cost effectiveness of contract manufacturing services in India.
- India Healthcare Contract Development And Manufacturing Organization Market Type Outlook (Revenue, USD MIllion , 2021-2033)
- Small Molecule
- Large Molecule
- Medical Device
- India Healthcare Contract Development And Manufacturing Organization Market Product Outlook (Revenue, USD MIllion , 2021-2033)
- Pharmaceutical
- Medical Devices
- India Healthcare Contract Development And Manufacturing Organization Market Services Outlook (Revenue, USD MIllion , 2021-2033)
- Contract Development
- Contract Manufacturing
- Packaging and labelling
- Regulatory Affairs
- Others
- India Healthcare Contract Development And Manufacturing Organization Market Workflow Outlook (Revenue, USD MIllion , 2021-2033)
- Clinical
- Commercial
- India Healthcare Contract Development And Manufacturing Organization Market Therapeutic Area Outlook (Revenue, USD MIllion , 2021-2033)
- Oncology
- Infectious Diseases
- Neurological Disorders
- Cardiovascular Disease
- Metabolic Disorders
- Autoimmune Diseases
- Respiratory Diseases
- Ophthalmology
- Gastrointestinal Disorders
- Orthopedic Diseases
- Dental Diseases
- Others
- India Healthcare Contract Development And Manufacturing Organization Market End Use Outlook (Revenue, USD MIllion , 2021-2033)
- Pharmaceutical & Biotechnology Companies
- Medical Device Companies
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the India Healthcare Contract Development And Manufacturing Organization Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Healthcare Contract Development And Manufacturing Organization Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
India Healthcare Contract Development And Manufacturing Organization Market, 2021-2033 (US$M)
India Type - Healthcare Contract Development And Manufacturing Organization Market Statistics, 2024 - 2033 (US$M)
