The Rise of Clinical Research Organizations in India: Opportunities and Challenges
In the past two decades, India has emerged as a dynamic hub for the clinical research industry. The country’s vast patient population, genetic diversity, and cost-effective operational landscape make it a top destination for global pharmaceutical companies and biotech firms seeking reliable research partners. At the center of this growth are Clinical Research Organizations in India (CROs), which have revolutionised how clinical trials are conducted. In this blog, we’ll explore the rise of CROs in India, the immense opportunities fueling their growth, and the challenges they must overcome to remain globally competitive. Why India is Attracting the World’s Attention in Clinical Research India offers many advantages for companies looking to carry out medical research: Cost Efficiency: Conducting clinical trials in India can be 40–60% more affordable than in Western countries, without compromising quality. Skilled Workforce: India produces thousands of life science graduates annual...