India Nucleic Acid Therapeutics Cdmo Market Size & Outlook
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India nucleic acid therapeutics cdmo market highlights
- The India nucleic acid therapeutics cdmo market generated a revenue of USD 705.5 million in 2023 and is expected to reach USD 2,040.5 million by 2030.
- The India market is expected to grow at a CAGR of 16.4% from 2024 to 2030.
- In terms of segment, rna-based therapies was the largest revenue generating type in 2023.
- Gene Therapy is the most lucrative type segment registering the fastest growth during the forecast period.
Nucleic acid therapeutics cdmo market data book summary
| Market revenue in 2023 | USD 705.5 million |
| Market revenue in 2030 | USD 2,040.5 million |
| Growth rate | 16.4% (CAGR from 2023 to 2030) |
| Largest segment | Rna-based therapies |
| Fastest growing segment | Gene Therapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gene Therapy, RNA-based Therapies |
| Key market players worldwide | Catalent Inc, Thermo Fisher Scientific Inc, Lonza Group Ltd, FUJIFILM Holdings Corp, Charles River Laboratories International Inc, Eurofins Scientific SE, PerkinElmer, Oxford Biomedical Research, Danaher Corp |
Other key industry trends
- In terms of revenue, India accounted for 5.2% of the global nucleic acid therapeutics cdmo market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China nucleic acid therapeutics cdmo market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,993.3 million by 2030.
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Nucleic Acid Therapeutics CDMO Market Scope
Nucleic Acid Therapeutics CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Oxford Biomedical Research | View profile | 11-50 | Rochester Hills, Michigan, United States, North America | https://www.oxfordbiomed.com/ |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Catalent Inc | View profile | 17219 | 14 Schoolhouse Road, Somerset, NJ, United States, 08873 | https://www.catalent.com |
| Charles River Laboratories International Inc | View profile | 21400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | https://www.criver.com |
| Eurofins Scientific SE | View profile | 61798 | 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 | https://www.eurofins.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
| Lonza Group Ltd | View profile | 18000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | https://www.lonza.com |
India nucleic acid therapeutics cdmo 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 nucleic acid therapeutics cdmo market will help companies and investors design strategic landscapes.
Rna-based therapies was the largest segment with a revenue share of 65.68% in 2024. Horizon Databook has segmented the India nucleic acid therapeutics cdmo market based on gene therapy, rna-based therapies covering the revenue growth of each sub-segment from 2018 to 2030.
The nucleic acid therapeutics CDMO market in India is expected to grow at rapid pace over the forecast period. Growth in the country can be attributed to the availability of low-cost labor, low manufacturing costs, considerable demand for high-quality medications, and the presence of WHO cGMP-compliant facilities & a skilled workforce.
Furthermore, in 2019, the Indian Council of Medical Research (ICMR) recognized the potential for gene therapy. It has published a set of clinical guidelines that focus on a range of issues, from ethical clinical trials to regulation & production.
This factor has increased the interest of pharmaceutical and biotechnology in nucleic acid therapeutics, leading to the adoption of numerous strategies initiatives & product innovations and boosting CDMO demand in India.
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Target buyers of India nucleic acid therapeutics cdmo market databook
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Our clientele includes a mix of nucleic acid therapeutics cdmo market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India nucleic acid therapeutics cdmo market , including forecasts for subscribers. This country databook contains high-level insights into India nucleic acid therapeutics cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India nucleic acid therapeutics cdmo market size, by application, 2018-2030 (US$M)
India Nucleic Acid Therapeutics CDMO Market Outlook Share, 2024 & 2030 (US$M)
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