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India Personalized Medicine Market

ID: MRFR/HC/43636-HCR
200 Pages
Rahul Gotadki
October 2025

India Personalized Medicine Market Research Report By Product Outlook (Personalized Medicine Diagnostics, Personalized Medicine Therapeutics, Personalized Medical Care, Personalized Nutrition and Wellness), By Application Outlook (Oncology, CNS, Immunology, Respiratory, Others) and By End-User Outlook (Hospitals, Diagnostic Centers, Research Academic Institutes, Others)-Forecast to 2035

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India Personalized Medicine Market Summary

As per MRFR analysis, the India personalized medicine market size was estimated at 37.29 USD Billion in 2024. The India personalized medicine market is projected to grow from 39.68 USD Billion in 2025 to 73.88 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.41% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India personalized medicine market is experiencing robust growth driven by technological advancements and increasing healthcare demands.

  • Technological advancements are enhancing the development of personalized therapies, making them more accessible.
  • The largest segment in the market is oncology, while the fastest-growing segment is cardiology, reflecting shifting healthcare priorities.
  • Government initiatives are fostering a supportive environment for innovation in personalized medicine.
  • Key market drivers include increasing healthcare expenditure and growing awareness of genetic testing, which are propelling market expansion.

Market Size & Forecast

2024 Market Size 37.29 (USD Billion)
2035 Market Size 73.88 (USD Billion)

Major Players

Roche (CH), Thermo Fisher Scientific (US), Illumina (US), Novartis (CH), GSK (GB), Bristol-Myers Squibb (US), Pfizer (US), Merck KGaA (DE), Amgen (US)

India Personalized Medicine Market Trends

The Personalized Medicine Market is experiencing notable growth, driven by advancements in genomics and biotechnology. This sector focuses on tailoring medical treatment to individual characteristics, needs, and preferences. In India, the increasing prevalence of chronic diseases and the rising demand for targeted therapies are propelling the market forward. Furthermore, government initiatives aimed at enhancing healthcare infrastructure and promoting research in personalized medicine are likely to foster innovation and accessibility. As healthcare providers adopt more personalized approaches, patient outcomes may improve, leading to a more efficient healthcare system. Moreover, The integration of artificial intelligence and big data analytics into the Personalized Medicine Market is transforming how treatments are developed and administered. These technologies enable healthcare professionals to analyze vast amounts of data, leading to more precise diagnoses and treatment plans. The collaboration between public and private sectors is also crucial, as it encourages investment in research and development. As the market evolves, it appears poised to address the unique healthcare needs of the population, potentially reducing the burden on healthcare systems and improving overall health outcomes.

Technological Advancements

The incorporation of cutting-edge technologies such as artificial intelligence and machine learning is revolutionizing the personalized medicine market. These innovations facilitate the analysis of genetic data, enabling healthcare providers to create tailored treatment plans that enhance patient care.

Government Initiatives

Government policies aimed at promoting research and development in personalized medicine are gaining momentum. By investing in healthcare infrastructure and supporting innovative projects, authorities are likely to create a conducive environment for market growth.

Rising Demand for Targeted Therapies

There is an increasing demand for therapies that are specifically designed to target individual patient profiles. This trend reflects a shift towards more effective treatment options, which may lead to improved patient outcomes and satisfaction.

India Personalized Medicine Market Drivers

Increasing Healthcare Expenditure

The rising healthcare expenditure in India is a crucial driver for the personalized medicine market. As the government and private sectors allocate more funds towards healthcare, the demand for advanced medical solutions, including personalized therapies, is likely to increase. In 2025, healthcare spending in India is projected to reach approximately $370 billion, reflecting a growth rate of around 12% annually. This financial commitment enables the development and accessibility of personalized medicine, which is tailored to individual patient needs. Furthermore, as healthcare costs rise, patients are increasingly seeking effective treatments that minimize adverse effects and enhance outcomes. This trend indicates a shift towards personalized approaches, thereby propelling the personalized medicine market forward.

Regulatory Support for Innovation

Regulatory support for innovation in the healthcare sector is a vital driver for the personalized medicine market. The Indian government has implemented various policies aimed at promoting research and development in personalized therapies. Initiatives such as the Biotechnology Industry Research Assistance Council (BIRAC) provide funding and support for startups and established companies focusing on personalized medicine. This regulatory framework encourages innovation and facilitates the entry of new products into the market. As a result, the personalized medicine market is likely to benefit from a more conducive environment for research and development, leading to the introduction of novel therapies that cater to individual patient needs.

Advancements in Biotech and Pharma

Advancements in biotechnology and pharmaceutical research are pivotal in shaping the personalized medicine market. India has witnessed a surge in biotech firms focusing on innovative therapies tailored to individual patient profiles. The Indian biotech industry is expected to reach $100 billion by 2025, with a significant portion dedicated to personalized medicine. These advancements enable the development of targeted therapies that are more effective and have fewer side effects compared to traditional treatments. Moreover, collaborations between research institutions and pharmaceutical companies are fostering innovation in drug development. This synergy is likely to enhance the availability of personalized medicine options, thereby driving market growth.

Growing Awareness of Genetic Testing

The growing awareness of genetic testing among the Indian population is significantly influencing the personalized medicine market. As individuals become more informed about the benefits of genetic testing, there is an increasing demand for personalized therapies that cater to specific genetic profiles. In recent years, the market for genetic testing in India has expanded, with estimates suggesting a growth rate of over 15% annually. This awareness is driven by educational campaigns and the increasing availability of genetic testing services. Consequently, healthcare providers are more inclined to offer personalized treatment options based on genetic insights, which enhances patient outcomes and satisfaction. This trend is likely to continue, further stimulating the personalized medicine market.

Rising Incidence of Chronic Diseases

The rising incidence of chronic diseases in India is a significant driver for the personalized medicine market. With conditions such as diabetes, cancer, and cardiovascular diseases becoming increasingly prevalent, there is a growing need for tailored treatment approaches. Reports indicate that chronic diseases account for nearly 60% of all deaths in India, highlighting the urgent need for effective management strategies. Personalized medicine offers the potential for targeted therapies that can improve patient outcomes and reduce healthcare costs. As the healthcare system shifts towards more individualized care, the personalized medicine market is expected to expand, addressing the unique needs of patients suffering from chronic conditions.

Market Segment Insights

India Personalized Medicine Market Segment Insights

India Personalized Medicine Market Segment Insights

Personalized Medicine Market Product Outlook Insights

Personalized Medicine Market Product Outlook Insights

The India Personalized Medicine Market offers a diverse range of products that meet the evolving healthcare needs of the population, particularly through its Product Outlook segment. This segment includes critical pathways such as Personalized Medicine Diagnostics, which plays a vital role in early disease detection and tailored treatment strategies for patients.

Personalized Medicine Therapeutics focuses on improving treatment efficacy by utilizing genetic and molecular insights, thereby personalizing drug responses and minimizing adverse effectsa necessity in a diverse nation like India with its varied genetic profiles.

Furthermore, Personalized Medical Care emphasizes the holistic approach to patient management, targeting both physical and mental health tailored to individual conditions and lifestyle choices.

In addition, Personalized Nutrition and Wellness addresses the growing awareness of health optimization through customized dietary recommendations, which resonate strongly with the increasing health-conscious segment of the Indian population.

This growing interest reflects a broader trend toward preventive healthcare, highlighting the importance of personalized solutions in addressing chronic disease management and enhancing overall wellness.

Overall, these interconnected areas are shaped by advancements in technology, increasing healthcare access, and rising consumer awareness, which collectively drive innovation and growth within the India Personalized Medicine Market, creating a substantial opportunity for stakeholders in the healthcare ecosystem.

Personalized Medicine Market Application Outlook Insights

Personalized Medicine Market Application Outlook Insights

The India Personalized Medicine Market within the Application Outlook segment is experiencing robust growth, driven by advancements in technology and increased healthcare spending. The oncology segment holds a significant share, as personalized therapies are increasingly recognized for their effectiveness in targeting cancer, which is a leading cause of mortality in India.

The growing prevalence of chronic diseases further emphasizes the need for tailored treatment approaches. Central Nervous System (CNS) disorders also present substantial opportunities, given the rising incidence of mental health issues and neurodegenerative diseases.

Immunology is expanding as precision medicine plays a pivotal role in managing autoimmune diseases and enhancing vaccine efficacy, which is particularly relevant given India's diverse genetic landscape. The respiratory segment is gaining attention due to the alarming air quality issues in many cities, and personalized treatments are critical for effectively managing conditions such as asthma and COPD.

Lastly, the "Others" category encompasses various innovative applications, indicating the versatility of personalized medicine in addressing different healthcare needs. Overall, the segmentation within the India Personalized Medicine Market highlights a dynamic landscape with significant opportunities for enhancing patient outcomes through tailored therapies.

Personalized Medicine Market End-User Outlook Insights

Personalized Medicine Market End-User Outlook Insights

The India Personalized Medicine Market is significantly influenced by various end-user segments, including Hospitals, Diagnostic Centers, Research Academic Institutes, and Others. Hospitals serve as a critical hub for personalized medicine, leveraging advanced technologies to tailor treatments to individual patient profiles, ensuring better outcomes and higher patient satisfaction.

Similarly, Diagnostic Centers play a vital role by enabling precise diagnostics, which is foundational in the development of personalized treatments, making them essential to this evolving market landscape. Research Academic Institutes are at the forefront of innovation in personalized medicine, driving breakthroughs through extensive studies and trials.

These institutions collaborate with industry players to enhance the overall understanding and application of personalized therapies. Other end-users also contribute to the market dynamics, including specialty clinics and home healthcare services, creating a diverse ecosystem that supports the growing demand for personalized medicine solutions.

The growing population and increasing prevalence of chronic diseases in India are substantial growth drivers for these segments, while challenges such as regulatory hurdles and high costs of personalized therapies present opportunities for major innovations within the market.

Get more detailed insights about India Personalized Medicine Market

Key Players and Competitive Insights

The personalized medicine market in India is currently characterized by a dynamic competitive landscape, driven by rapid advancements in genomics, biotechnology, and data analytics. Key players such as Roche (CH), Thermo Fisher Scientific (US), and Illumina (US) are at the forefront, leveraging their innovative capabilities to enhance patient outcomes. Roche (CH) focuses on integrating diagnostics with therapeutics, thereby creating a seamless approach to personalized treatment. Meanwhile, Thermo Fisher Scientific (US) emphasizes its commitment to expanding its product portfolio through strategic partnerships and acquisitions, which enhances its market presence. Illumina (US) continues to lead in genomic sequencing technologies, positioning itself as a critical player in the development of personalized therapies. Collectively, these strategies foster a competitive environment that prioritizes innovation and patient-centric solutions.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure appears moderately fragmented, with several players vying for market share. However, the influence of major companies is substantial, as they set industry standards and drive technological advancements. This competitive structure allows for a diverse range of offerings, catering to the unique needs of the Indian healthcare landscape.

In October 2025, Roche (CH) announced a collaboration with a leading Indian biotechnology firm to develop targeted therapies for oncology patients. This strategic partnership is expected to accelerate the development of personalized treatment options, leveraging local expertise and resources. The collaboration underscores Roche's commitment to enhancing its footprint in the Indian market while addressing the specific needs of the population.

In September 2025, Thermo Fisher Scientific (US) launched a new suite of genomic analysis tools tailored for the Indian market. This launch is significant as it aims to empower local researchers and clinicians with advanced technologies that facilitate personalized medicine initiatives. By providing accessible and cutting-edge tools, Thermo Fisher is likely to strengthen its position and foster innovation within the region.

In August 2025, Illumina (US) expanded its partnership with Indian healthcare institutions to enhance genomic research capabilities. This initiative is pivotal as it not only broadens access to genomic data but also promotes collaboration between academia and industry. Such partnerships are essential for driving advancements in personalized medicine and ensuring that the latest technologies are effectively utilized in clinical settings.

As of November 2025, current trends in the personalized medicine market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI). Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaboration. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident. Companies are likely to differentiate themselves through innovative solutions that enhance patient care, suggesting a future where personalized medicine becomes more accessible and effective.

Key Companies in the India Personalized Medicine Market market include

Industry Developments

Recent developments in the India Personalized Medicine Market highlight significant advancements and strategic movements among key players. In October 2023, Biocon announced a collaboration with a leading biotechnology firm to develop next-generation biosimilars, aiming to enhance patient outcomes through personalized therapies.

HealthCare Global Enterprises launched a personalized cancer care program to tailor treatment plans based on genetic profiles, reflecting the urgent need for precision in oncology.

In September 2023, Mylab Discovery Solutions expanded its offerings with new diagnostic tests focusing on genetic markers, showcasing a trend toward integrating genomics with routine clinical practice. Additionally, Dr. Lal PathLabs reported a partnership with the government to extend genetic testing capabilities across rural areas, enhancing accessibility.

Furthermore, Strand Life Sciences and MedGenome are actively involved in developing AI-driven diagnostic solutions, indicating a growing intersection of technology and personalized medicine.

Over the past two years, numerous companies have seen significant market valuation growth due to these innovations, reflecting an increasing recognition of the importance of personalized treatments in India's healthcare landscape. The government's push for improved healthcare infrastructure also supports this burgeoning market, underscoring its vital role in future medical advancements.

Future Outlook

India Personalized Medicine Market Future Outlook

The personalized medicine market in India is projected to grow at a 6.41% CAGR from 2024 to 2035, driven by advancements in genomics, technology integration, and increasing healthcare demand.

New opportunities lie in:

  • Development of AI-driven diagnostic tools for personalized treatment plans.
  • Expansion of telemedicine platforms for remote genetic consultations.
  • Investment in biobanks for personalized drug development and research.

By 2035, The Personalized Medicine Market is expected to achieve substantial growth and innovation.

Market Segmentation

India Personalized Medicine Market Product Outlook

  • Personalized Medicine Diagnostics
  • Personalized Medicine Therapeutics
  • Personalized Medical Care
  • Personalized Nutrition and Wellness

India Personalized Medicine Market End-User Outlook

  • Hospitals
  • Diagnostic Centers
  • Research & Academic Institutes
  • Others

India Personalized Medicine Market Application Outlook

  • Oncology
  • CNS
  • Immunology
  • Respiratory
  • Others

Report Scope

MARKET SIZE 2024 37.29(USD Billion)
MARKET SIZE 2025 39.68(USD Billion)
MARKET SIZE 2035 73.88(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 6.41% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Roche (CH), Thermo Fisher Scientific (US), Illumina (US), Novartis (CH), GSK (GB), Bristol-Myers Squibb (US), Pfizer (US), Merck KGaA (DE), Amgen (US)
Segments Covered Product, Application, End-User
Key Market Opportunities Integration of artificial intelligence in personalized medicine enhances treatment precision and patient outcomes.
Key Market Dynamics Rising demand for targeted therapies drives innovation and competition in the personalized medicine market.
Countries Covered India

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FAQs

What is the projected market size of the India Personalized Medicine Market in 2024?

The India Personalized Medicine Market is expected to be valued at approximately 29.84 USD Billion in 2024.

What is the expected market value of the India Personalized Medicine Market by 2035?

By 2035, the India Personalized Medicine Market is projected to reach a value of 80.0 USD Billion.

What is the expected CAGR for the India Personalized Medicine Market from 2025 to 2035?

The expected compound annual growth rate for the India Personalized Medicine Market from 2025 to 2035 is 9.381%.

Which segment of the India Personalized Medicine Market is valued highest in 2024?

In 2024, the Personalized Medicine Therapeutics segment is valued the highest at 10.8 USD Billion.

What will be the market size of Personalized Medicine Diagnostics in 2035?

The Personalized Medicine Diagnostics segment is projected to be valued at 21.47 USD Billion by 2035.

Who are some of the key players in the India Personalized Medicine Market?

Key players in the market include Biocon, Syngene International, and Dr. Lal PathLabs among others.

What is the market value of Personalized Medical Care in 2024?

The Personalized Medical Care segment is projected to be valued at 5.64 USD Billion in 2024.

How much is the Personalized Nutrition and Wellness segment expected to be worth by 2035?

The Personalized Nutrition and Wellness segment is anticipated to reach a value of 14.94 USD Billion by 2035.

What growth opportunities exist within the India Personalized Medicine Market?

Growing demand for personalized treatment options coupled with advancements in technology presents ample growth opportunities.

What challenges does the India Personalized Medicine Market currently face?

Challenges in the market include regulatory hurdles and the need for substantial investment in research and development.

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