India's CRDMO market has potential to grow to $25 billion by 2025: BCG-IPSO
India’s CRDMO market, currently holding 2-3% of the global share, has the potential to reach $22-25 billion by 2035, says a BCG and IPSO report. Key growth drivers include cost advantages, faster project startups, and increasing innovation backed by government funding. The report highlights the need for talent expansion, regulatory improvements, and investment to sustain this growth.
India’s CRDMO market, currently holding 2-3% of the global share, has the potential to reach $22-25 billion by 2035, says a BCG and IPSO report. Key growth drivers include cost advantages, faster project startups, and increasing innovation backed by government funding. The report highlights the need for talent expansion, regulatory improvements, and investment to sustain this growth.
