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The global clinical trials market is a large and rapidly growing sector, projected to reach USD 123.5 billion by 2030, with a CAGR of 6.49%. India's clinical trials market is also experiencing significant growth, currently valued at USD 1.55 billion, and is expected to reach USD 3.38 billion by 2034 with a CAGR of 8.1%. This exponential growth is attributed to various factors like large and diverse patient population, skilled workforce, regulatory improvements and streamlining, lower costs. India has numerous world class hospitals as trial sites — 1,762 sites and 4,216 ICH-GCP trained investigators.
India's clinical trial activity has generally increased since 2014 due to regulatory reforms. As of 2024, India was third in the world for clinical trials*, after the United States and China. In 2021, India approved over 100 global clinical trials which was much higher as compared to the numbers in previous years. Reports also claim that between 2008-2022 a total of 220 Phase 1 clinical trials were registered in India.
The clinical research job market in India is poised for an exponential growth promising varied opportunities for skilled professionals. This growth is driven by the pharmaceutical industry which is expanding its research and development activities in India. The upsurge is aided by an increasing demand for clinical trials to verify the safety and effectiveness of drugs and devices.
The scope of clinical research is numerous owing to the huge variety of research in the public health domain. India has come far in conducting clinical trials and is set to expand further. This has resulted in clinical research jobs, offering lucrative clinical research scope and salary prospects for skilled professionals contributing to a high quality of trial execution.
The future of clinical research in India is heading towards patient-centricity. Adherence to ethical practices is integral to foster credibility on the global front. Maintaining high ethical norms and compliance with the global regulatory standards remains a cornerstone of India’s clinical research trajectory.
With a vision for a bright future for the betterment of mankind, India is navigating into unexplored territories of medical innovations. Clinical research in the country is brimming with a hope and promise for a bright future. With this promise the country’s clinical research landscape is poised for a shift that not only benefits the nation but also contributes to global healthcare advancements.
Expansion of the clinical research industry in India creates multiple options for students preparing for career in the field, such as training them to be Clinical Research Associates, Clinical Research Coordinators, data managers, or specialists in regulatory affairs. Clinical research offers diverse and growing opportunities for individuals with various educational backgrounds and interests. The field is experiencing high demand, leading to numerous entry-level and advanced positions.
There are numerous institutions which offer courses in clinical research to ensure that the students are industry ready and productive in this area. A combination of formal education, practical experience, and specialized training is typically required to become a skilled clinical research professional.
Salaries in clinical research are competitive and can increase significantly with experience and seniority. Opportunities exist in clinical research organizations, pharmaceutical companies, and regulatory bodies.
Ms. Priyanka Kamdar
Course Faculty
Apollo Research and Innovations