Product Code: ETC7555262 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India targeted therapeutics market import shipments exhibited a steady expansion with a CAGR of 3.0% from 2020 to 2024. Notably, there was a significant acceleration in growth momentum between 2023 and 2024, with a growth rate of 26.5%. This indicates a strong upward trend in market demand and potential opportunities for further growth in the coming years.
The India Targeted Therapeutics Market is experiencing significant growth driven by increasing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular disorders. Targeted therapies offer more precise and effective treatment options compared to traditional therapies, leading to a rising demand among patients and healthcare providers. Key players in the market are investing in research and development to introduce innovative targeted therapies, enhancing treatment outcomes and minimizing side effects. The market is also benefiting from government initiatives to improve healthcare infrastructure and increase access to advanced treatments. However, challenges such as high treatment costs and regulatory hurdles may impact market growth. Overall, the India Targeted Therapeutics Market is poised for expansion due to the growing focus on personalized medicine and advancements in healthcare technology.
The India Targeted Therapeutics Market is witnessing significant growth driven by advancements in precision medicine and personalized treatment approaches. Key trends include the increasing adoption of targeted therapies for various chronic diseases such as cancer, autoimmune disorders, and infectious diseases. The market is also benefiting from the rising prevalence of lifestyle-related diseases and the growing demand for more effective and less toxic treatment options. Opportunities in the India Targeted Therapeutics Market lie in the development of innovative targeted therapies tailored to the genetic makeup of individual patients, expansion of precision medicine initiatives, and collaborations between pharmaceutical companies and research institutions to accelerate drug discovery and development. Overall, the market is poised for expansion as healthcare providers and patients increasingly recognize the potential benefits of targeted therapeutics in improving treatment outcomes and quality of life.
The India Targeted Therapeutics Market faces several challenges, including regulatory hurdles in drug approval processes, high costs associated with targeted therapies, limited accessibility to advanced treatments in rural areas, and a lack of awareness among healthcare professionals and patients about the benefits of targeted therapies. Additionally, the market also struggles with issues related to intellectual property rights, pricing pressures, and the need for robust clinical trials to demonstrate the efficacy and safety of these specialized treatments. Overcoming these challenges will require collaboration between the government, industry stakeholders, and healthcare providers to improve infrastructure, increase education and training programs, and develop strategies to make targeted therapies more affordable and widely available across India.
The India Targeted Therapeutics Market is primarily driven by a growing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular disorders, leading to an increased demand for more effective and personalized treatment options. Advancements in healthcare infrastructure and technology, as well as a rising awareness among the population regarding the benefits of targeted therapies, are also contributing to market growth. Additionally, collaborations between pharmaceutical companies and research institutions for the development of innovative targeted therapeutic drugs, along with a favorable regulatory environment supporting the approval and commercialization of these therapies, are further propelling the market forward. Overall, the potential for improved treatment outcomes and reduced side effects associated with targeted therapies is fueling the market expansion in India.
In India, the government has implemented various policies to support the growth of the Targeted Therapeutics Market. The National Health Policy 2017 focuses on increasing accessibility and affordability of healthcare services, including targeted therapies, particularly for non-communicable diseases. Additionally, the National Biopharma Mission aims to promote innovation and entrepreneurship in the biopharmaceutical sector, which includes targeted therapeutics development. The Department of Biotechnology`s Biotechnology Industry Research Assistance Council (BIRAC) provides funding and support for research and development in the biotechnology sector, including targeted therapeutics. These policies collectively create a conducive environment for the growth of the Targeted Therapeutics Market in India, fostering innovation, improving healthcare outcomes, and driving economic development in the biopharmaceutical industry.
The India Targeted Therapeutics Market is poised for significant growth in the coming years, driven by factors such as increasing prevalence of chronic diseases, growing adoption of personalized medicine, and advancements in technology. The market is expected to witness a surge in demand for targeted therapies that offer improved efficacy and reduced side effects compared to conventional treatments. Additionally, favorable government initiatives to promote research and development activities in the healthcare sector and rising healthcare expenditure are further contributing to the market`s growth. With a rapidly expanding patient population and rising awareness about the benefits of targeted therapeutics, the India Targeted Therapeutics Market is projected to experience substantial expansion, presenting lucrative opportunities for pharmaceutical companies and market players in the near future.
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 Targeted Therapeutics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Targeted Therapeutics Market Revenues & Volume, 2021 & 2031F |
3.3 India Targeted Therapeutics Market - Industry Life Cycle |
3.4 India Targeted Therapeutics Market - Porter's Five Forces |
3.5 India Targeted Therapeutics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Targeted Therapeutics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Targeted Therapeutics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases in India |
4.2.2 Growing awareness and adoption of personalized medicine |
4.2.3 Government initiatives to promote healthcare infrastructure and research and development in targeted therapeutics |
4.3 Market Restraints |
4.3.1 High cost associated with targeted therapeutics |
4.3.2 Limited access to advanced healthcare facilities in rural areas of India |
4.3.3 Stringent regulatory requirements for approval of targeted therapeutics |
5 India Targeted Therapeutics Market Trends |
6 India Targeted Therapeutics Market, By Types |
6.1 India Targeted Therapeutics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Targeted Therapeutics Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Targeted Therapeutics Market Revenues & Volume, By ARV-110, 2021- 2031F |
6.1.4 India Targeted Therapeutics Market Revenues & Volume, By ARV-471, 2021- 2031F |
6.1.5 India Targeted Therapeutics Market Revenues & Volume, By Other, 2021- 2031F |
6.2 India Targeted Therapeutics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Targeted Therapeutics Market Revenues & Volume, By Cancer, 2021- 2031F |
6.2.3 India Targeted Therapeutics Market Revenues & Volume, By Neuroscience, 2021- 2031F |
6.2.4 India Targeted Therapeutics Market Revenues & Volume, By Other, 2021- 2031F |
7 India Targeted Therapeutics Market Import-Export Trade Statistics |
7.1 India Targeted Therapeutics Market Export to Major Countries |
7.2 India Targeted Therapeutics Market Imports from Major Countries |
8 India Targeted Therapeutics Market Key Performance Indicators |
8.1 Number of clinical trials for targeted therapeutics conducted in India |
8.2 Adoption rate of targeted therapeutics in major urban centers |
8.3 Investment in research and development for new targeted therapies in India |
9 India Targeted Therapeutics Market - Opportunity Assessment |
9.1 India Targeted Therapeutics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Targeted Therapeutics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Targeted Therapeutics Market - Competitive Landscape |
10.1 India Targeted Therapeutics Market Revenue Share, By Companies, 2024 |
10.2 India Targeted Therapeutics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |