Sunday, June 15, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Markets

Market: Pharma industry to reach $120-$130bn by 2030

Fiinews by Fiinews
May 12, 2023
in Markets
Reading Time: 2 mins read
A A
0
Ahlada
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Biotechnology industry is expected to reach $150bn by 2025

Indian pharmaceutical industry is expected to reach US$120-$130 billion by 2030 as the growth would be primarily driven by the sector’s rising investments in production and research & development.

The industry was valued at US$42 billion in 2021, according to ResearchAndMarkets’ report, the “India Modular Cleanroom Market | Trends, Value, Revenue, Outlook, Forecast, Size, Analysis, Growth, Industry, Share, Segmentation & COVID-19 Impact”.

The India Modular Cleanroom market size is projected to grow at a CAGR of 6.4% during 2022-2028E, the report said in a release on 10 May 2023.

Additionally, increasing investment in research and development by Indian pharmaceutical companies and increasing hospital projects in tier II and tier III cities would increase demand for modular clean rooms in the coming years.

The India Modular Cleanroom Market growth is expected be strong over the coming years on account of growing pharmaceutical and biotechnology sectors, which rely heavily on modular cleanrooms to control contamination.

In 2020, the Indian biotechnology industry was valued at around US$70 billion, and it is expected to grow further by US$80 billion by 2025, reaching the US$150 billion mark.  

Furthermore, growing foreign direct investment in the Indian pharmaceutical and drug sector, which saw a growth of 53% in 2021-2022, would further increase the demand for modular cleanrooms in the Indian market.

Leading industries in the market are:

Integrated Cleanroom Technologies Private Limited

GMP Technical Solutions Pvt Ltd

Ahlada Engineers Ltd

Kaizen Airtech Solutions

Lennox Clean Room Technologies

Hectra Clean Air Technologies Private Limited

BIOBASE Group

Bionics Scientific Technologies Pvt Ltd. fiinews.com

Tags: ResearchAndMarkets
ShareTweetShare

Related Posts

IGF Logo
Markets

Market: Indian transforming global economies

by Fiinews
June 15, 2025
0
12

Chande notes confidence of Indian enterprises on global stage Indian businesses are no longer just investing abroad – they are...

SBI
Markets

Market: Digital wallet growth set at 30.3%

by Fiinews
June 15, 2025
0
12

Businesses adopts prepaid cards for expenses The Indian prepaid card and digital wallet market is anticipated to grow annually by...

Assocham Logo New

Market: Small businesses in cautious phase

June 14, 2025
11
Myntra

Market: India strategic for global brands

June 13, 2025
11
Rai 20

Market: India is great place for FTAs

June 13, 2025
13
Wipro Ltd

Market: Wipro relocates HQ to Riyadh

June 11, 2025
17
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tech: Infobell-AMD expand AI collaboration
  • Manufacturing: Grainspan supplies ethanol to OMCs
  • Project: Mont Vert to build Kazakh Hospital
  • Project: CMA CGM in discussions with Shipping entities
  • Project: Minister reviews GHAVP plant

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.