Biosimilars: China vs India

Market size, growth to 2033 and clinical trials, side by side.

China is the bigger Biosimilars market: $3 Bn against $671 Mn in 2023, about 4.4 times as large.

India grows faster: 27.9% a year, against 26.4%. The gap still grows from $2.3 Bn to $23 Bn by 2033.

Clinical research: 34 active trials in China, 4 in India.

Biosimilars: China compared with India
Measure China India
Market size, 2023$3 Bn$671 Mn
Market size, 2033 projected$30.9 Bn$7.9 Bn
Growth a year (CAGR)26.4%27.9%
Money added, 2023–2033$27.9 Bn$7.2 Bn
Share of the world market8%1.8%
Size rank of 24 countries#2#12
Market per person, 2023$2.11$0.46
Active clinical trials 34 4
Full reportChina report India report

Year by year, 2023 to 2033

China India · values between 2023 and 2033 are projected from the 2023 size and the CAGR.

Quick answers

Which is bigger in Biosimilars, China or India?

China is the bigger Biosimilars market: $3 Bn against $671 Mn in 2023, about 4.4 times as large.

Which grows faster in Biosimilars, China or India?

India grows faster: 27.9% a year, against 26.4%. The gap still grows from $2.3 Bn to $23 Bn by 2033.

More Biosimilars comparisons

Sources: market size and growth: Acuitas Health Analytics research (2023 base year, forecasts to 2033). Trials: ClinicalTrials.gov (fetched 10 Nov 2026); found by search words, so counts are a guide. Population: World Bank.