Events > Healthcare & Life Sciences: Discover growth opportunities in India

Healthcare & Life Sciences: Discover

growth opportunities in India 

1. UK-India Biopharma Mission 2022 

 (Completed on 30 November - 1 December 2021 )

India is the third largest pharmaceuticals industry in the world by volume and unsurprisingly, is referred to as the ‘pharmacy of the world’ where Indian companies account for a 20% share in the global supply of generic medicines, and for 62% of global supply of vaccines.


The Indian pharmaceutical industry is expected to grow to £93bn by 2030. This amounts to a strong business opportunity for UK suppliers and exporters where the Indian bio-pharma industry is looking to move up the value chain by investing in new drug discovery and delivery, vaccines as well as nutraceuticals for preventive care.


The Indian biopharmaceutical market provides a plethora of opportunities for UK suppliers and exporters, whether you are a large multinational player or a UK SME. India’s large, youth demographic and a rising, more affluent middle class has increased  demand for healthcare products and services. For example, nutraceutical products as a sector is poised to grow by 17% to £13bn by 2025.


Additionally, there is increased demand for innovative drug discovery and delivery solutions, including digital therapeutics, and process manufacturing technologies.Companies can leverage India as a hub to export to markets across the world due to the global reach of Indian pharmaceutical companies.

 

Lastly, India shares a common language and culture with the UK, as well as business, legal practices and the rule of law. This makes it easier for UK companies to do business there. This combined with the Government of India’s efforts to attract companies to India, in order to build resilient supply chains in API and critical drugs manufacturing further supports UK businesses, making India-UK collaboration in these areas vital. 

 

2. UK-India Healthcare Trade Mission 2022

 (Completed on 8-9 February 2022 )

 

About the mission

Healthcare UK, part of the Department for International Trade (DIT), is hosting a virtual healthcare mission to India in February 2022. This will be our seventh trade mission and second virtual event to India, building on the success of trade delegations visiting India over the last five years. 


We invite the best of British healthcare innovators in artificial intelligence in healthcare, digital health, smart diagnostics, and health systems, for both covid and post-covid world, to join our mission to India.


This is an excellent opportunity to present UK innovation in healthcare, and to explore business collaborations and develop contacts with key stakeholders from the Indian healthcare industry.
Please get in touch with us if you have an innovation that fits into one of the strands below:

Digital Health: AI based screening solutions, disease management, wellness, tele-pathology and radiology 
Med-tech/Diagnostics: Point of care solutions, home care, remote care monitoring, diagnoses and management innovation
Health Systems: Clinical partnerships and education & training