DUBLIN, Oct. 2, 2024 (Globe Newswire) — The “India Therapeutic Drug Monitoring Market, Regions, Competition, Forecast and Opportunities 2020-2030” report has been added to ResearchAndMarkets.com’s offering.
The Indian therapeutic drug monitoring market was valued at USD 25.65 million in 2024 and is expected to reach USD 36.52 million by 2030, at a CAGR of 6.13%
Therapeutic drug monitoring (TDM) is an essential field of clinical pharmacology that focuses on the accurate measurement of drug concentrations in the bloodstream. Therapeutic drug monitoring aims to achieve and maintain optimal therapeutic efficacy while minimizing the risk of toxicity by carefully tracking drug levels.
This careful monitoring is even more important for drugs with narrow therapeutic ranges, large interindividual pharmacokinetic variations, or drugs lacking readily measurable therapeutic effects. Through therapeutic drug monitoring, medical professionals can ensure that patients receive the most effective and safest treatment possible. By carefully monitoring drug levels in the bloodstream, healthcare providers can make informed dosage adjustment decisions, individualize treatment plans, and optimize treatment outcomes. Therapeutic drug monitoring helps tailor medication regimens to meet each patient’s specific needs, taking into account factors such as age, weight, renal function, and drug interactions.
Therapeutic drug monitoring plays a vital role in identifying potential drug-related problems, such as suboptimal drug concentrations or the need for dose adjustments due to drug interactions or changes in the patient’s clinical status. This proactive approach allows healthcare professionals to quickly intervene and optimize treatment outcomes, ultimately leading to improved patient care and safety. Therapeutic drug monitoring is used to ensure that patients receive the most effective and safest treatment by accurately measuring drug concentrations, personalizing treatment, and optimizing treatment outcomes through proactive monitoring and intervention. is a comprehensive and meticulous process.
Increase in drug development activity
The increase in drug development activities in India is playing a pivotal role in driving the demand for therapeutic drug monitoring (TDM) services and technologies. India has become a prominent hub for pharmaceutical research and development, attracting domestic and international pharmaceutical companies. This surge in drug development activity has increased the need for therapeutic drug monitoring to ensure the safety and efficacy of these new drugs.
Clinical trials and research studies are integral to the drug development process, and therapeutic drug monitoring has become an essential tool for monitoring drug levels in research participants. Therapeutic drug monitoring assesses drug concentrations in a patient’s bloodstream to help researchers and pharmaceutical companies understand how drugs are metabolized and distributed in diverse populations, which can help guide dose adjustments. Contribute vital data to inform and optimize treatment plans.
India’s expanding pharmaceutical industry includes the development of a wide range of medicines, including biologics, biosimilars, and specialty medicines. These complex treatments often require accurate therapeutic drug monitoring to maintain therapeutic range and ensure patients receive the appropriate drug dosage to achieve the desired effect. . As a result, therapeutic drug monitoring has become an essential part of clinical research and drug development, contributing to the safety and effectiveness of new drugs.
Advances in pharmacogenomics and personalized medicine in India have led to increased emphasis on personalized drug therapy. Therapeutic drug monitoring is a key component of personalized medicine and helps tailor treatment plans to a patient’s unique genetic and physiological profile. The demand for therapeutic drug monitoring services continues to grow as drug development activities increasingly move towards a personalized approach.
The increase in drug development activities in India has increased the demand for therapeutic drug monitoring. Therapeutic drug monitoring has become an essential tool in the clinical research and development process, contributing to drug therapy optimization, patient safety, and the successful introduction of new drugs to market. As India continues to grow as a hub for pharmaceutical innovation, therapeutic drug monitoring will become even more important in supporting these efforts.
Expanding R&D activities and clinical trials
The increase in research and development (R&D) activities and clinical trials in India has significantly increased the demand for therapeutic drug monitoring (TDM) services and technologies. India is emerging as a global hub for pharmaceutical research, with a thriving pharmaceutical and biotechnology industry that conducts a wide range of clinical trials. This dynamic situation has increased the need for therapeutic drug monitoring to ensure the safety and effectiveness of experimental drugs and treatments. Clinical trials often involve testing new drugs or therapeutic interventions on different patient populations.
Therapeutic drug monitoring plays a vital role in these trials by monitoring drug levels in participants’ bloodstreams and ensuring that drugs are administered at appropriate doses to achieve the desired therapeutic effect. will be fulfilled. This accuracy is essential to collecting accurate data, maintaining patient safety, and complying with regulatory requirements. The expansion of India’s pharmaceutical sector has led to the development and testing of a large number of new drugs, including biologics and biosimilars. These complex treatments often require accurate therapeutic drug monitoring to monitor drug levels and assess patient response. Additionally, therapeutic drug monitoring is important to assess potential drug-drug interactions and optimize treatment plans during clinical trials.
India’s commitment to clinical research and cost-effective infrastructure has attracted domestic and international pharmaceutical companies to conduct clinical trials in India. As a result, the demand for therapeutic drug monitoring market services, well-equipped laboratories, and skilled professionals is rapidly increasing. To support this growing need, healthcare institutions and laboratories across India are investing in cutting-edge therapeutic drug monitoring technology and expertise.
The expansion of R&D activities and clinical trials in India’s pharmaceutical and biotechnology sectors has significantly increased the demand for therapeutic drug monitoring. This trend highlights the critical role that therapeutic drug monitoring plays in ensuring clinical research success, patient safety, and the development of innovative treatments. As India remains a global player in pharmaceutical research, the demand for therapeutic drug monitoring market is expected to continue on an upward trajectory.
Key attributes:
Report attribute details No. Number of pages 80 Forecast period 2024 to 2030 Estimated market value in 2024 (USD) $25.65 million Forecast market value by 2030 (USD) $36.52 million Average annual growth rate 6.1% Target region India
Product insights
Equipment segment advantages:
It is expected to maintain its dominant position in the therapeutic drug monitoring market in India. Key drivers: Technological advances: Integration of advanced sensors and automated data analysis algorithms. Allows for real-time monitoring and precise dosage adjustment. Enhanced patient safety: Reliable and accurate equipment allows for close monitoring of drug levels in a patient’s bloodstream. Timely intervention and individualized dose adjustment are facilitated, minimizing the risk of toxicity and side effects. Key role in treatment outcome: ensuring optimal treatment efficacy for patients with specific conditions and reinforcing the importance of the device department in therapeutic drug monitoring practice.
Technology insights
Leadership in Chromatography-MS (Mass Spectrometry):
It is expected to continue to dominate the therapeutic drug monitoring market in India. Advantage Attributes: Superior sensitivity, specificity, and broad detection ability for multiple drugs. Continued innovation in mass spectrometry techniques (e.g., high resolution, triple quadrupole, hybrid systems). Impact on patient care: Deliver accurate and reliable results to ensure quality patient care. The growing demand for accurate drug monitoring is driving rapid adoption of chromatographic MS technology, revolutionizing therapeutic drug monitoring and advancing precision medicine and personalized treatment approaches.
regional insights
Advantages of North India Market:
It is projected to dominate the therapeutic drug monitoring market in India. Key Elements: Robust medical infrastructure: State-of-the-art facilities and excellent medical institutions contribute to quality patient care. High Patient Awareness: Our proactive approach to healthcare allows patients to make informed decisions about treatment plans, with an emphasis on preventive care and early detection. Pharmaceutical and biotech hub: Home to many well-known companies that drive research, development and innovation in therapeutic drug monitoring. Collaboration among industry leaders drives progress and improves patient outcomes. Overall positioning: North India has established itself as a key player in the therapeutic drug monitoring market by combining its strengths in healthcare delivery, patient empowerment, and industry innovation, benefiting patients regionally and nationally. I am.
major market players
Roche Diagnostics India Private LimitedAbbott India LtdbioMerieux India Pvt. LtdBio-Rad Laboratories India Pvt.LtdThermo Fisher Scientific India Pvt. LtdDanaher India (DHR Holding India Pvt. Ltd.)Siemens Healthcare Private LimitedRandox Laboratories LtdSekisui Chemical Corporation Beckman Coulter India Pvt Ltd
Report scope:
Therapeutic Monitoring by Product in India:
India therapeutic drug monitoring market, by technology:
Immunoassay Chromatography-MsOther
India therapeutic drug monitoring market, by drug class:
Antiepileptic drugs Antiarrhythmic drugs Immunosuppressants Antibiotics Others
India Therapeutic Drug Monitoring Market by End User:
India Therapeutic Drug Monitoring Market by Regions:
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Indian Therapeutic Drug Monitoring Market
