Technological advancements like AI, machine learning, and precision medicine are revolutionizing the Indian pharmaceutical industry. By 2025, the sector is expected to undergo a profound transformation, focusing on innovation, global reach, and quality improvement.
With a projected market growth to $130 billion by 2030, the Indian pharma industry is leveraging favorable policies, digital talent, and demographic advantages to become a global hub for affordable, high-quality pharmaceuticals. Key areas of focus include:
- Drug Discovery and Manufacturing: AI-driven tools to accelerate processes.
- Advanced Therapies: CAR-T cell therapy, mRNA vaccines, and complex molecules.
- Biosimilars Market: Opportunities from patent expiries of blockbuster biologics.
- MedTech and Diagnostics: Enhanced patient care with AI, robotics, and data analytics.
Government initiatives like the Promotion of Research & Innovation Programme and progressive policy amendments are driving this innovation wave.
Experts believe this transformation will improve global health, positioning India at the forefront of affordable healthcare solutions.
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