Bharat Book Bureau

India become one of the most attractive destinations for Clinical Trial Market

Press Release   •   Oct 05, 2010 16:08 IST

Booming Clinical Trials Market in India

India has billion plus population and a home for various life threatening diseases. However, these disadvantages provide an opportunity for global medical practitioners and healthcare providers to look India as an effective destination for research and clinical studies. India has registered fast growth in the number of clinical trials over the past few years, reflecting that the country has become one of the most attractive destinations for medical research. ( )

According to our new research report “Booming Clinical Trials Market in India”, the number of clinical studies by domestic and global players has sharply risen. With the favorable government support and effective regulatory mechanism provided by the ICMR and CDSCO, healthcare providers find it worthwhile to locate their trials in India. Besides, availability of skilled manpower and good medical infrastructure will augment the number of clinical trials to 1950 by 2013.

We have analyzed the Indian clinical trial market with emphasis on current market trends and future outlook. Our report has found that with the rising participation of private players and improvement in the number of medical professionals, new avenues of research will be developed in the country. All these factors will facilitate market developments and boost market growth in future. A large number of patients for clinical trials is expected to strengthen the market even more.

Our report is an outcome of extensive research and prudent analysis of the Indian clinical trial market. The report covers all the necessary segments of the sector, providing reliable and latest data of the industry. The report presents future outlook of different areas for period 2011-2013. Moreover, the description of key players and their recent activities have been covered in the report.

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