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India's Clinical Trials: From emerging player to global leader in drug development

India's clinical trial industry has surged into the top three globally, driven by regulatory reforms, affordability, vast patient pools, and growing international confidence, positioning India as a key player in global drug development

June 26, 2025 / 16:13 IST
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India’s rise in the global clinical trials landscape is both timely and strategically significant.

By Sabine Kapasi and Nipun Vaid Mehta 

There are moments in history when a nation finds itself in the right place, at the right time, with the right tools. India’s clinical trial industry is living that moment. From a little-known player ranked 20th globally, India has surged into the top three destinations for clinical research, now trailing only the US and China. The industry is growing at breakneck speed, from $2.05 billion in 2024 to a projected $3.37 billion by 2030.

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This emergence comes at a critical time for the global pharmaceutical industry. The past decade has seen mounting financial pressures on drug developers in traditional markets like the US, UK, and EU. Global clinical research data indicates that approximately 22% of failed Phase III trials were abandoned due to funding shortfalls. Hence, India’s ascent is not only timely but also strategic.

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