January 27, 2025 12:26 PM
Asia-Pacific healthcare market to reach $5 trillion by 2030, Indian CDMOs poised for global growth: report
The Asia-Pacific healthcare market is on track to hit $5 trillion by 2030, driving 40 per cent of global sector growth, according to a report on Monday. The report by Boston Consulting Group (BCG) noted that the unprecedented expansion is fuelled by rapid demographic shifts, investment influxes, and ground-breaking technology applications. The expansion also includes advancements in new therapies and modalities by Indian contract development and manufacturing organisation (CDMOs). “Innovati...