Scope of Clinical research in India

• Clinical research is a booming sector and is a billion dollar industry and  has emerged as a popular career choice globally, especially in India .
• Indian pharmaceutical industry is one of the fastest growing sectors of the Indian economy and has made rapid stride over years.
• India is the second largest pharmaceutical market in Asia growing by more than nine percent annually.
• As per experts review there are more than 50,000 jobs in clinical research in India.
• Clinical research is a safe and stable career option.
• Moreover, India being a land of diversity where ayurvedic, unani, siddha, and homeopathy are practiced same as allopathy, clinical studies for evaluation of various systems of medicine can also be conducted with ease.
• Owing these immeasurable factors, India is attracting collaborative contract proposals for conducting clinical trials and many entrepreneurs have already come forward to set up their clinical research organizations.

Career in Clinical Research

• Pharmaceutical Companies
• Clinical CROs (Contract Research Organizations)
• BA/BE Centers
• SMOs (Site Management Organizations)
• Data Management CROs
• IT Companies in Healthcare / Clinical Domain
• EDC Service Providers
• Central Laboratories
• Packaging & Labeling & Contract Manufacturers
• Investigator & Site Staff
• Training Centers.

India is fast emerging as a favored destination for clinical trials outsourcing. The clinical trial market in India was around $ 1 Billion in 2010 and is growing around 35% from then. It has been estimated that India will need around 1,50,000 Clinical Research Professionals in the year 2012. It is a continually expanding industry, especially due to a growing biotech industry. Individuals with training are coming to the forefront of this industry due to the serious implications it can have on the drug, device, and biologic approval process. In such an environment it is important to understand the various organizations involved in clinical research, their roles, responsibilities and the career opportunities