India Bioanalytical Testing Service Market 2024–2030: Opportunities for CROs and Pharmaceutical Collaborations

India’s bioanalytical testing services market is witnessing rapid growth, supported by strong government policies, increasing demand for biologics, and a rising trend of outsourcing. According to TechSci Research, the bioanalytical testing services market was valued at USD 79.09 million in 2024 and is projected to reach USD 143.28 million by 2030, registering a CAGR of 10.37%. This growth is being shaped by advancements in biotechnology, the expansion of pharmaceutical research, and the development of gene and cell therapies.

Government-backed initiatives such as the National Biopharma Mission and Pharma Vision 2020 have played an important role in building a supportive research ecosystem. These programs focus on creating infrastructure, providing financial assistance, and encouraging public-private partnerships to position India as a strong player in the global biopharma market.

The Department of Biotechnology under the Ministry of Science and Technology launched the National Biopharma Mission to support biopharmaceutical innovation. This program promotes research in gene therapies, vaccines, and monoclonal antibodies. By offering funding and regulatory support, it helps accelerate the commercialization of new products and technologies.
The mission has also encouraged collaboration between academia and industry. This has helped improve drug discovery pipelines and clinical research infrastructure, which in turn drives the demand for bioanalytical testing services.

"India Bioanalytical Testing Services Market” - https://www.techsciresearch.com/report/india-bioanalytical-testing-service-market/27685.html

1. INDIA BIOANALYTICAL TESTING SERVICE MARKET EXPANDS WITH
SOUTH INDIA EMERGING AS FASTEST -GROWING REGION

2. Introduction
India’s bioanalytical testing services market is witnessing rapid growth, supported by strong
government policies, increasing demand for biologics, and a rising trend of outsourcing.
According to TechSci Research, the bioanalytical testing services market was valued at USD 79.09
million in 2024 and is projected to reach USD 143.28 million by 2030, registering a CAGR of
10.37%. This growth is being shaped by advancements in biotechnology, the expansion of
pharmaceutical research, and the development of gene and cell therapies.

Government-backed initiatives such as the National Biopharma Mission and Pharma Vision 2020
have played an important role in building a supportive research ecosystem. These programs
focus on creating infrastructure, providing financial assistance, and encouraging public-private
partnerships to position India as a strong player in the global biopharma market.

Government Initiatives Driving Growth
National Biopharma Mission
The Department of Biotechnology under the Ministry of Science and Technology launched the
National Biopharma Mission to support biopharmaceutical innovation. This program promotes
research in gene therapies, vaccines, and monoclonal antibodies. By offering funding and
regulatory support, it helps accelerate the commercialization of new products and technologies.

3. The mission has also encouraged collaboration between academia and industry. This has helped
improve drug discovery pipelines and clinical research infrastructure, which in turn drives the
demand for bioanalytical testing services.

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Pharma Vision 2020
Another key initiative is Pharma Vision 2020, aimed at making India a hub for end-to-end drug
development. The program strengthens domestic drug manufacturing capabilities while also
promoting India as a preferred destination for clinical trials. Regulatory frameworks have been
streamlined, and incentives for research activities have been introduced to attract global
pharmaceutical and biotechnology companies.
Both initiatives highlight the government’s recognition of the role of bioanalytical testing in drug
development and safety evaluation. This support has improved confidence among companies
investing in India’s pharmaceutical research ecosystem.

4. Outsourcing as a Key Growth Driver
The outsourcing of bioanalytical testing services has become one of the most influential trends in
India. Pharmaceutical and biotechnology companies face high costs in establishing and
maintaining in-house testing facilities. Outsourcing to specialized laboratories or Contract
Research Organizations (CROs) provides access to advanced testing technologies and expert staff
without the heavy capital investment.

India has gained an edge due to its large pool of skilled scientists, cost-effective operations, and
growing regulatory alignment with international standards. For companies seeking efficiency and
faster turnaround times, outsourcing bioanalytical testing to India offers both quality and
affordability.

This trend has resulted in an increasing number of global collaborations, with multinational drug
developers partnering with Indian CROs for bioanalytical studies. These services ensure
compliance with strict regulatory requirements while helping accelerate the drug development
process.

Market Segmentation
By Application: Oncology Dominance
Oncology is the leading application segment in India’s bioanalytical testing services market in
2024. The rising prevalence of cancer across the country has created a significant demand for
advanced drug development and testing services. Pharmaceutical and biotech firms are investing

5. heavily in oncology research, focusing on targeted therapies, immunotherapies, and biomarker-
driven drug development.
Oncology research requires extensive bioanalytical testing to evaluate the safety, efficacy, and
pharmacokinetics of new therapies. This demand has made oncology the most prominent area of
focus for CROs and testing laboratories in India.

By Region: South India Leading Growth
South India has emerged as the fastest-growing region in the market. The region hosts premier
institutions like the Indian Institute of Chemical Technology (IICT) in Hyderabad and the Institute
of Microbial Technology (IMTech) in Chennai, which support cutting-edge research in
biotechnology.
Hyderabad’s Genome Valley has become a cluster for global biopharma and biotech companies.
The presence of advanced infrastructure, streamlined regulatory processes, and strong
government backing has transformed South India into a hub for clinical trials and bioanalytical
services. Additionally, government-backed organizations like the Biotechnology Industry
Research Assistance Council (BIRAC) provide funding and support for startups and research
institutions, further boosting growth.

Competitive Landscape

6. The India bioanalytical testing services market is highly competitive, with both global and
domestic players actively operating. Leading companies include:
• Syneos Health Pvt Ltd
• Intertek Group PLC
• SGS SA
• IQVIA Inc
• Icon PLC
• Labcorp Holdings Inc
• Charles River Laboratories India Pvt. Ltd.

These companies focus on expanding their testing capabilities, investing in advanced
technologies, and forming strategic collaborations. Many have strengthened their presence in
India due to the availability of skilled professionals and lower operating costs compared to
Western markets.
Partnerships between multinational pharmaceutical companies and Indian CROs are becoming
increasingly common. Such collaborations provide mutual benefits, where global firms gain cost
efficiency and Indian companies gain exposure to international standards and projects.
Key Market Players
• Syneos Health Pvt Ltd
• Intertek Group PLC
• SGS SA
• IQVIA Inc

7. • Icon PLC
• Labcorp Holdings Inc
• Charles River Laboratories India Pvt. Ltd.

Market Segments :
• India Bioanalytical Testing Service Market, By Molecule:
o Small Molecule
o Large Molecule
o Others
• India Bioanalytical Testing Service Market, By Test:
o ADME
o PK
o PD
o Bioavailability
o Bioequivalence
o Others
• India Bioanalytical Testing Service Market, By Workflow:
o Sample Preparation

8. o Sample Analysis
o Others
• India Bioanalytical Testing Service Market, By Application:
o Oncology
o Neurology
o Infectious Diseases
o Gastroenterology
o Cardiology
o Other
• India Bioanalytical Testing Service Market, By End Use

Future Outlook
The future of India’s bioanalytical testing services market looks strong, driven by rising research
in biopharmaceuticals, continuous government support, and expanding outsourcing
opportunities. Growing attention toward personalized medicine, biologics, and gene therapies
will create new areas of demand.
Regulatory compliance will remain central, and Indian testing companies are expected to
strengthen their quality frameworks to align with global standards. Technological advancements

9. such as automation, high-throughput screening, and digital data management will improve testing
efficiency and accuracy.
As pharmaceutical research expands, India is positioned to play a significant role in the global
drug development chain. The combination of cost advantages, skilled workforce, and policy
support will keep India competitive in this field.
Why You Should Check Out This Report
1. Understand how India’s bioanalytical testing services market is set to expand at 10.37%
CAGR.
2. Get insights into government programs like National Biopharma Mission and Pharma
Vision 2020.
3. Learn about outsourcing trends reshaping the pharmaceutical and biotech research
ecosystem.
4. See how oncology dominates the application segment in 2024 due to high cancer
prevalence.
5. Discover why South India has become the fastest-growing hub for bioanalytical testing
services.
6. Analyze competitive strategies of leading companies operating in the Indian market.
7. Access structured data on segmentation by molecule, test, workflow, application, and end
use.

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