India Therapeutic Drug Monitoring Market to Grow with a CAGR of 6.13% through 2030
Rise in chronic disease prevalence and growing
polypharmacy is expected to drive the India Therapeutic Drug Monitoring Market
growth in the forecast period, 2026-2030.
According to TechSci Research report, “India Therapeutic
Drug Monitoring Market - By Region, Competition, Forecast
& Opportunities, 2030F”, the India Therapeutic Drug Monitoring Market
stood at USD 25.65 Million in
2024 and is anticipated to grow with a CAGR of 6.13% in the forecast period through 2030.
The India Therapeutic Drug Monitoring Market has
emerged as a pivotal component in the healthcare landscape, addressing the
increasing demand for personalized medicine and optimizing pharmacotherapy for
patients. With the rising prevalence of chronic diseases, such as diabetes,
cardiovascular disorders, and various infectious diseases, there is a growing
need for precise drug administration to ensure efficacy and safety. The India
Therapeutic Drug Monitoring Market facilitates the assessment of drug levels in
patients, enabling healthcare providers to adjust dosages based on individual
responses, thus minimizing adverse drug reactions and enhancing therapeutic
outcomes. The Indian healthcare system is witnessing a significant shift
towards personalized treatment strategies, driven by advancements in
biotechnology and a growing understanding of pharmacogenomics, which
underscores the importance of tailoring drug therapy based on genetic profiles. The surge in polypharmacy, especially among the elderly
population, has amplified the need for therapeutic drug monitoring services, as
multiple medications can lead to drug interactions and complications.
The market is supported by increasing government
initiatives aimed at improving healthcare infrastructure and accessibility,
particularly in rural areas where specialized monitoring services are often
lacking. The adoption of digital health technologies, including telemedicine
and mobile health applications, has further transformed the India Therapeutic
Drug Monitoring Market, enabling remote monitoring and consultation, thereby
expanding the reach of these services to underserved populations. The rise in healthcare awareness among patients and the emphasis on preventive
healthcare are propelling the demand for therapeutic drug monitoring as a
proactive approach to managing drug therapy.
Despite the promising growth trajectory, the India Therapeutic Drug Monitoring Market faces several challenges, including regulatory hurdles, limited reimbursement policies, and a lack of standardization in testing practices across laboratories. There is a pressing need for skilled professionals trained in pharmacology and toxicology to interpret therapeutic drug monitoring results effectively, which can pose a barrier to widespread adoption. The competitive landscape is characterized by the presence of both established players and emerging startups, creating a dynamic environment that fosters innovation and collaboration. Key players are strategically partnering with healthcare providers and academic institutions to enhance research and development efforts in therapeutic drug monitoring, further driving the market's growth. As the Indian healthcare ecosystem continues to evolve, the integration of therapeutic drug monitoring into clinical practice is expected to gain momentum, with healthcare professionals recognizing its potential to enhance patient outcomes through tailored drug therapy. The increasing focus on value-based care and the need for healthcare systems to demonstrate improved patient outcomes will further incentivize the adoption of therapeutic drug monitoring services. The future of the India Therapeutic Drug Monitoring Market looks promising, with opportunities for growth driven by technological advancements, increasing healthcare expenditure, and a robust emphasis on patient-centric care. As the country moves towards implementing a more comprehensive healthcare framework, the role of therapeutic drug monitoring in ensuring optimal drug therapy will become increasingly significant, positioning it as a critical component in improving healthcare delivery and patient safety in the Indian healthcare system.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "India Therapeutic Drug Monitoring Market”
The India Therapeutic Drug Monitoring Market is
segmented into product, technology, class of drug, end user, regional
distribution and company.
Based on class of drug, in the India Therapeutic Drug
Monitoring Market, the Antiepileptic Drugs (AEDs) segment stands out as the
most dominating category. The increasing prevalence of epilepsy and other
seizure disorders, combined with the rising awareness about the importance of
optimal drug levels for effective management, has significantly contributed to
the growth of this segment. AEDs, such as phenytoin, carbamazepine, and
valproic acid, have a narrow therapeutic index, meaning that the difference
between therapeutic and toxic doses is small. This necessitates regular
monitoring to ensure patient safety and therapeutic efficacy. The growing
recognition among healthcare professionals regarding the critical role of
therapeutic drug monitoring in enhancing patient outcomes has further propelled
the demand for AEDs. Healthcare providers are increasingly adopting Therapeutic Drug Monitoring practices to tailor treatments based on individual patient responses, thereby
reducing the risk of adverse effects and enhancing the effectiveness of
treatment regimens. The rise in the elderly population, who are
often prescribed multiple medications, has created a heightened demand for
precise dosing of AEDs to prevent complications arising from drug interactions.
The Indian government’s focus on improving healthcare infrastructure and
accessibility, particularly in neurology services, also plays a crucial role in
boosting the Antiepileptic Drugs segment within the India Therapeutic Drug
Monitoring Market.
Based on region, after the Northern region, the
Southern region of India was the second most dominating region in the India
Therapeutic Drug Monitoring Market. This prominence can be attributed to
several factors, including the concentration of advanced healthcare facilities,
a growing number of specialized healthcare providers, and increasing awareness
about the importance of therapeutic drug monitoring among patients and
healthcare professionals. States like Tamil Nadu, Karnataka, and Andhra Pradesh
have well-established healthcare systems with numerous hospitals and diagnostic
centers equipped to offer therapeutic drug monitoring services. The rising prevalence of chronic diseases and conditions requiring personalized
medication management, such as epilepsy and cardiovascular disorders, further
drives the demand for therapeutic drug monitoring in the Southern region. The
region's focus on improving healthcare infrastructure and accessibility
contributes significantly to its strong presence in the market.
Major companies operating in India Therapeutic Drug
Monitoring Market are:
- Roche Diagnostics India Private Limited
- Abbott India Ltd
- bioMérieux India Pvt. Ltd
- Bio-Rad laboratories India Pvt.Ltd
- Thermo Fisher Scientific India Pvt. Ltd
- Danaher India (DHR Holding India Pvt. Ltd.)
- Siemens Healthcare Private Limited
- Randox Laboratories Ltd
- Sekisui Chemical Co., Ltd.
- Beckman Coulter India Pvt Ltd
Download Free Sample Report
Customers can also request for 10% free customization
on this report
“The future of the India Therapeutic Drug Monitoring
Market appears promising, driven by advancements in technology, increasing
healthcare awareness, and a shift towards personalized medicine. With the rise
in chronic diseases and polypharmacy, the demand for therapeutic drug
monitoring services will continue to grow. Innovations such as point-of-care
testing and digital health solutions will enhance accessibility and efficiency,
allowing for real-time monitoring of drug levels. Collaborations
between pharmaceutical companies and healthcare providers will facilitate the
development of advanced monitoring tools and methods. The government’s
commitment to strengthening healthcare infrastructure and establishing
regulatory frameworks will further support market growth. As healthcare
professionals increasingly recognize the importance of therapeutic drug
monitoring in optimizing treatment outcomes and minimizing adverse effects, the
market is expected to witness significant expansion, positioning it as a
critical component in enhancing patient safety and overall healthcare delivery
in India”, said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“India
Therapeutic Drug Monitoring Market Product (Consumables, Equipment), By
Technology (Immunoassays, Chromatography-MS, Others), By Class of Drug
(Antiepileptic Drugs, Antiarrhythmic Drugs, Immunosuppressant Drugs, Antibiotic
Drugs, Others), By End User (Hospitals, Private Labs), By Region, Competition,
Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of India Therapeutic
Drug Monitoring Market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in India Therapeutic
Drug Monitoring Market.
Contact
TechSci
Research LLC
420
Lexington Avenue, Suite 300,
New
York, United States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com