| Product Code: ETC7545739 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s import shipments of insulin biosimilars in 2024 saw a shift in concentration levels, moving from very high concentration in 2023 to a more moderate level. Top exporting countries such as Australia, USA, South Korea, Germany, and New Zealand remained key players in supplying these products to the Indian market. The compound annual growth rate (CAGR) for the period of 2020-2024 was -14.84%, indicating a decline in imports over the years. Furthermore, the growth rate from 2023 to 2024 experienced a significant decrease of -48.07%, reflecting a challenging market landscape for insulin biosimilars in India.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Insulin Biosimilars Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Insulin Biosimilars Market Revenues & Volume, 2021 & 2031F |
3.3 India Insulin Biosimilars Market - Industry Life Cycle |
3.4 India Insulin Biosimilars Market - Porter's Five Forces |
3.5 India Insulin Biosimilars Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Insulin Biosimilars Market Revenues & Volume Share, By Indicative, 2021 & 2031F |
3.7 India Insulin Biosimilars Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Insulin Biosimilars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of diabetes in India |
4.2.2 Growing awareness about biosimilars and their cost-effectiveness |
4.2.3 Favorable government initiatives promoting the use of biosimilars in healthcare |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for biosimilar approval |
4.3.2 Limited healthcare infrastructure in certain regions of India |
4.3.3 Competition from established insulin brands in the market |
5 India Insulin Biosimilars Market Trends |
6 India Insulin Biosimilars Market, By Types |
6.1 India Insulin Biosimilars Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Insulin Biosimilars Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 India Insulin Biosimilars Market Revenues & Volume, By Rapid-acting biosimilar, 2021- 2031F |
6.1.4 India Insulin Biosimilars Market Revenues & Volume, By Long-acting biosimilar, 2021- 2031F |
6.1.5 India Insulin Biosimilars Market Revenues & Volume, By Premixed biosimilar, 2021- 2031F |
6.2 India Insulin Biosimilars Market, By Indicative |
6.2.1 Overview and Analysis |
6.2.2 India Insulin Biosimilars Market Revenues & Volume, By Type I Diabetes, 2021- 2031F |
6.2.3 India Insulin Biosimilars Market Revenues & Volume, By Type II Diabetes, 2021- 2031F |
6.3 India Insulin Biosimilars Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Insulin Biosimilars Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 India Insulin Biosimilars Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.3.4 India Insulin Biosimilars Market Revenues & Volume, By Others, 2021- 2031F |
7 India Insulin Biosimilars Market Import-Export Trade Statistics |
7.1 India Insulin Biosimilars Market Export to Major Countries |
7.2 India Insulin Biosimilars Market Imports from Major Countries |
8 India Insulin Biosimilars Market Key Performance Indicators |
8.1 Number of partnerships or collaborations between biosimilar manufacturers and healthcare providers |
8.2 Percentage increase in the adoption rate of biosimilars in India |
8.3 Rate of investment in research and development for insulin biosimilars in the country |
9 India Insulin Biosimilars Market - Opportunity Assessment |
9.1 India Insulin Biosimilars Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Insulin Biosimilars Market Opportunity Assessment, By Indicative, 2021 & 2031F |
9.3 India Insulin Biosimilars Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Insulin Biosimilars Market - Competitive Landscape |
10.1 India Insulin Biosimilars Market Revenue Share, By Companies, 2024 |
10.2 India Insulin Biosimilars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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