RNCOS Releases a New Report- Booming Clinical Trials Market in India

RNCOS has recently added a new Market Researchconsultants and investors who are planning to enter
Report titled, “Booming Clinical Trials Market inthe Indian clinical trials market.
India” to its report gallery. According to the newOur report provides forecasts on
RNCOS report, India promises to be one of the- Size of global clinical research outsourcing market -
hottest destinations for conducting global clinicalSize of Indian clinical research outsourcing market -
research, owing to a huge patient pool representingNumber of clinical trials in India - Number of patients
both chronic and infectious diseases, easyexpected to participate in clinical trials in India - Clinical
recruitment of patients, and high cost savings.trials infrastructure and professionals in India -
India presently occupies a very small pie of the globalHealthcare indicators in India
opportunity. The total number of clinical trials in IndiaKey questions answered in the report
stood at 221 in 2007, which equates to less than 2%- Why are drug manufacturers outsourcing clinical
of the global clinical trials. With all majortrials? - Where and how many clinical trials are being
pharmaceutical/biotech companies and CROsoutsourced? - Where dose India stand in the global
establishing their presence in India, the number ofclinical trials market? - How big is the clinical trials
clinical trials in the country is expected to growopportunity in India? - How much does it cost on
several folds in the next five years. The country ishiring personnel for various clinical research processes,
projected to conduct nearly 5% of the global clinicalrent and utilities in India as compared to other
trials by 2012. However, to achieve its goal ofcountries? - How does clinical trials infrastructure and
becoming a global hub of clinical trials, the country hasstaff in India vary from other countries? - What are
to overcome challenges like unethical trials, delay invarious government regulations/guidelines for
trial approval, inappropriate protection of clinical data,conducting clinical trials in India? - What are the Future
and lack of Good Clinical Practice (GCP) certified sitestrends predicted to shape the clinical trials market in
and investigators. Surging clinical trials market in IndiaIndia? - How is the clinical trials market impacting
will create enormous opportunities for a number ofassociated industries?
associated industries, including IVD market, educationKey players analyzed in the report
sector and clinical data management.This section provides business overview on
“Booming Clinical Trials Market in India” givesprominent players in the Indian clinical research
an extensive and objective analysis on the Indianmarket like Syngene International Ltd, Quintiles
clinical trials market. It investigates the advantagesResearch (India) Private Limited, Lambda Therapeutic
disadvantages India has in becoming a global clinicalResearch Ltd, Vimta Labs Limited and Veeda Clinical
trials hub. The report exhaustively evaluates andResearch - India.
compares the key factors that drug companies andAbout RNCOS:
CROs look before outsourcing clinical trials to aRNCOS, incorporated in the year 2002, is an industry
country. These include parameters such as patientresearch firm. We are a team of industry experts
pool, regulatory environment, cost, infrastructure,who analyze data collected from credible sources.
human resources and past performance in conductingWe provide industry insights and analysis that helps
clinical trials. Thus, this analytical study serves as acorporations to take timely and accurate business
useful guide for drug manufacturers, CROs,decision in today's globally competitive environment.