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India Targeted Liposomes Drug Delivery Market Research Report By Type (Liposomal Doxorubicin, Liposomal Paclitaxel, Liposomal Amphotericin B, others) and By Application (Fungal Infection Therapy, Cancer Therapy, others)- Forecast to 2035


ID: MRFR/HC/49797-HCR | 200 Pages | Author: Rahul Gotadki| May 2025

India Targeted Liposomes Drug Delivery Market Overview

As per MRFR analysis, the India Targeted Liposomes Drug Delivery Market Size was estimated at 124 (USD Million) in 2023. The India Targeted Liposomes Drug Delivery Market Industry is expected to grow from 133.5(USD Million) in 2024 to 620.52 (USD Million) by 2035. The India Targeted Liposomes Drug Delivery Market CAGR (growth rate) is expected to be around 14.99% during the forecast period (2025 - 2035).


Key India Targeted Liposomes Drug Delivery Market Trends Highlighted


The India Targeted Liposomes Drug Delivery Market is witnessing significant growth driven by several key market drivers. The increasing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular disorders is prompting the need for innovative drug delivery systems that enhance therapeutic efficacy while minimizing side effects. Moreover, the Indian government is actively supporting research and development in the pharmaceutical sector, leading to advancements in targeted drug delivery technologies. 


This favorable regulatory environment encourages local and international players to invest in India, further expanding the market. Opportunities to be explored include the rising demand for personalized medicine, which aligns well with targeted liposome technologies.The emphasis on localised production of liposomal formulations is anticipated to increase as India continues to improve access to novel therapies and enhance its healthcare infrastructure.


Innovation in targeted drug delivery is anticipated to be stimulated by partnerships between academic institutions and industry actors, thereby establishing new opportunities for market expansion. In recent years, there has been a discernible trend towards the development of smart liposomes that are capable of responding to specific biological stimuli. Researchers are striving to develop more efficient and effective delivery mechanisms that can enhance patient outcomes, which is consistent with the rise in R&D activities in India.


Furthermore, the distribution channels in the targeted liposomes market are being impacted by the expansion of e-commerce platforms and online pharmacies, which is altering the way pharmaceutical products are delivered to consumers. India is a rapidly expanding market for targeted liposome drug delivery solutions due to the convergence of advancing health challenges, supportive government policies, and technological advancements.


India Targeted Liposomes Drug Delivery Market size  


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


India Targeted Liposomes Drug Delivery Market Drivers


Rising Incidence of Cancer Diseases in India


The incidence of cancer in India has seen a significant rise over the years, with recent estimates from the National Cancer Registry Program indicating an approximate 23.7 lakh new cancer cases expected annually by 2025. This alarming rate positions cancer as a critical public health challenge, necessitating advanced treatment modalities. The India Targeted Liposomes Drug Delivery Market Industry stands to benefit from this trend, as targeted therapies using liposomes can deliver drugs more efficiently and with reduced side effects.


Companies like Reliance Life Sciences are investing in innovative targeted drug delivery systems which reflect the necessity for targeted treatments in the Indian healthcare landscape, accordingly pushing the market in the direction of more advanced, effective delivery methods.


Advancements in Nanotechnology


Nanotechnology is increasingly being recognized for its revolutionary potential in drug delivery systems, including liposomal formulations. The Indian Government has initiated programs to promote Research and Development in nanotechnology as part of its National Policy on Nano Science and Technology. 


This has led to increased investment in the sector, with reports showing that the Indian nanotechnology market is expected to reach USD 2.3 billion by 2026, growing at a CAGR of 30%.As key players like Cadila Healthcare are incorporating nanotechnology in their drug delivery systems, the advancements are expected to significantly boost the India Targeted Liposomes Drug Delivery Market Industry.


Growing Geriatric Population


India's geriatric population is projected to rise dramatically, with an increase from 7.7% in 2021 to 19% by 2050 according to the United Nations. The elderly often have multiple comorbidities, which often necessitate more specialized and effective treatment protocols, including targeted therapies. 


The India Targeted Liposomes Drug Delivery Market Industry is likely to see growth as healthcare providers adopt more effective solutions for elder patient care.Established organizations like the All India Institute of Medical Sciences have restructured their facilities to cater to this demographic, thus promoting the need for advanced drug delivery technologies.


India Targeted Liposomes Drug Delivery Market Segment Insights


Targeted Liposomes Drug Delivery Market Type Insights


The India Targeted Liposomes Drug Delivery Market has gained significant traction as technological advancements in drug delivery systems have progressed. Among the various types of liposome products, Liposomal Doxorubicin stands out for its effectiveness in treating multiple cancers, thus addressing a critical public health issue in India, where cancer rates are on the rise. The advantages inherent in this formulation, such as improved bioavailability and reduced systemic toxicity, amplify its importance. 


Moreover, Liposomal Paclitaxel serves as another vital component in this market, particularly for its role in enhancing the efficacy of chemotherapy while minimizing adverse effects, making it a preferred choice for oncologists and patients alike.This aligns with the growing need for targeted therapies in India's healthcare landscape, where the emphasis is shifting towards personalized medicine. Liposomal Amphotericin B is significant as it addresses severe fungal infections, which are increasingly common, especially in immunocompromised patients. 


In India, where healthcare resources can be limited, the effectiveness of these targeted therapies in achieving better patient outcomes makes them exceedingly valuable. Furthermore, the 'others' category encapsulates a range of emerging formulations that continue to drive innovation within the market, reflecting an ongoing commitment to research and development initiatives aimed at enhancing drug efficacy and safety profiles.Collectively, these types illustrate a comprehensive approach to managing complex diseases, aligning with broader health initiatives in India aimed at improving treatment strategies and access to advanced therapies. 


The segmentation within the India Targeted Liposomes Drug Delivery Market underscores a crucial framework for understanding the diverse needs and opportunities that exist within the evolving pharmaceutical landscape.


India Targeted Liposomes Drug Delivery Market Segment  


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Targeted Liposomes Drug Delivery Market Application Insights


The Application segment of the India Targeted Liposomes Drug Delivery Market encompasses various therapeutic areas, including Fungal Infection Therapy, Cancer Therapy, and others, which play crucial roles in addressing significant health concerns within the region. With India experiencing high incidences of fungal infections and various cancer types, the importance of targeted liposomal delivery systems becomes clear, as they enhance the therapeutic efficacy while minimizing side effects. Fungal Infection Therapy utilizes liposomes for innovative antifungal drug delivery, resulting in improved patient compliance and treatment outcomes.


Meanwhile, Cancer Therapy is gaining traction, where targeted liposomes can enhance drug delivery to specific tumor sites, improving the effectiveness of chemotherapy agents. As the healthcare landscape in India evolves, other applications emerge, revealing opportunities for development in drug delivery systems, thus driving advancements in Research and Development and addressing unmet medical needs. The diverse applications within this segment reflect broad potential within the India Targeted Liposomes Drug Delivery Market, underscoring the necessity for ongoing innovations and research to meet the growing demands of the healthcare system in the country..


India Targeted Liposomes Drug Delivery Market Key Players and Competitive Insights


The India Targeted Liposomes Drug Delivery Market has been evolving rapidly, driven by advancements in nanomedicine, biotechnology, and a growing demand for effective therapeutic options. Targeted liposomes serve as a promising drug delivery system, offering enhanced therapeutic efficacy while minimizing side effects. The competitive landscape of this market is characterized by a blend of established companies and innovative startups focusing on unique formulations and strategic collaborations. 


Companies are increasingly investing in research and development activities to enhance their product offerings and maintain a competitive edge. Factor such as rising healthcare awareness, increasing prevalence of chronic diseases, and an emphasis on personalized medicine are propelling the growth of this market, creating a dynamic environment where innovations define competitive positioning.


Zydus Cadila stands out in the India Targeted Liposomes Drug Delivery Market with its strong commitment to research and development, allowing it to carve a niche in advanced drug delivery systems. The company has developed targeted formulations that address specific disease conditions, enhancing drug absorption and efficacy. Its robust pipeline of products includes several liposomal formulations that cater to high-demand therapeutic areas, making Zydus Cadila a key player in this segment. The extensive presence of Zydus in India, combined with a solid distribution network, has enabled the company to establish significant market penetration. 


Zydus Cadila's strength lies in its unwavering focus on innovation, compliance with regulatory standards, and collaborations with academic and research institutions, enhancing its capacity for impactful developments in targeted drug delivery technologies.Torrent Pharmaceuticals also plays a critical role in the India Targeted Liposomes Drug Delivery Market, focusing on the development of innovative therapies and specialized formulations. The company has been active in creating strategic partnerships and collaborations to expand its footprint in this domain, which has helped it to diversify its product portfolio. Its strengths lie in a strong manufacturing base and a comprehensive understanding of the pharmaceutical landscape in India. 


Torrent Pharmaceuticals has successfully launched several key products that utilize liposomal technology, promoting better therapeutic outcomes in various disease states. Furthermore, the expansion strategy includes potential mergers and acquisitions that aim to bolster its research capabilities and broaden its market share in the targeted liposomes segment. This proactive approach in aligning with technological advancements and market needs highlights Torrent's significant presence and contribution to the evolving landscape of targeted drug delivery systems in India.


Key Companies in the India Targeted Liposomes Drug Delivery Market Include:



  • Zydus Cadila

  • Torrent Pharmaceuticals

  • Glenmark Pharmaceuticals

  • Cipla

  • Aurigene Pharmaceutical Services

  • Shilpa Medicare

  • Sun Pharmaceutical Industries

  • Intas Pharmaceuticals

  • Mylan

  • Lupin

  • Wockhardt

  • Jubilant Life Sciences

  • Biocon

  • Dr Reddy's Laboratories


India Targeted Liposomes Drug Delivery Market Industry Developments


In recent months, the India Targeted Liposomes Drug Delivery Market has witnessed a series of significant developments. Notably, Zydus Cadila received approvals for new liposome-based formulations aimed at improving drug efficacy and minimizing side effects, reflecting a focused effort on Research and Development. Torrent Pharmaceuticals has also been innovating in this domain, announcing advancements in liposome technologies to enhance the therapeutic delivery of oncology drugs. 


In terms of mergers and acquisitions, Glenmark Pharmaceuticals announced in July 2023 its acquisition of Aurigene Pharmaceutical Services to bolster its pipeline in the liposomal delivery space. Meanwhile, Sun Pharmaceutical Industries has expanded its market presence by launching new targeted liposomal formulations for chronic diseases. The overall valuation of the Indian market has been positively impacted, with Intas Pharmaceuticals reporting a significant increase in market share due to strategic partnerships in the region. 


Over the last two years, companies like Cipla and Shilpa Medicare have accelerated their liposome research efforts, aligning with the Indian government's push to promote indigenous drug manufacturing and innovative drug delivery systems, fostering a vibrant landscape for growth in targeted drug delivery solutions.


India Targeted Liposomes Drug Delivery Market Segmentation Insights


Targeted Liposomes Drug Delivery Market Type Outlook



  • Liposomal Doxorubicin

  • Liposomal Paclitaxel

  • Liposomal Amphotericin B

  • others


Targeted Liposomes Drug Delivery Market Application Outlook




  • Fungal Infection Therapy




  • Cancer Therapy




  • others



Report Attribute/Metric Source: Details
MARKET SIZE 2023 124.0(USD Million)
MARKET SIZE 2024 133.5(USD Million)
MARKET SIZE 2035 620.52(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 14.99% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Million
KEY COMPANIES PROFILED Zydus Cadila, Torrent Pharmaceuticals, Glenmark Pharmaceuticals, Cipla, Aurigene Pharmaceutical Services, Shilpa Medicare, Sun Pharmaceutical Industries, Intas Pharmaceuticals, Mylan, Lupin, Wockhardt, Jubilant Life Sciences, Biocon, Dr Reddy's Laboratories
SEGMENTS COVERED Type, Application
KEY MARKET OPPORTUNITIES Increasing cancer prevalence, Growing demand for personalized medicine, Advancement in nanotechnology, Rising investment in R&D, Expansion of healthcare infrastructure
KEY MARKET DYNAMICS increasing cancer prevalence, growing demand for precision medicine, advancements in nanotechnology, regulatory support for novel therapies, rising investments in biopharmaceuticals
COUNTRIES COVERED India


Frequently Asked Questions (FAQ) :

The projected market size of the India Targeted Liposomes Drug Delivery Market in 2024 is valued at 133.5 million USD.

The expected market size of the India Targeted Liposomes Drug Delivery Market by 2035 is 620.52 million USD.

The expected CAGR for the India Targeted Liposomes Drug Delivery Market from 2025 to 2035 is 14.99 percent.

Liposomal Doxorubicin is expected to have the largest share in the India Targeted Liposomes Drug Delivery Market, valued at 40.0 million USD in 2024.

The Liposomal Paclitaxel segment is projected to reach 139.5 million USD by 2035.

Key players in the market include Zydus Cadila, Torrent Pharmaceuticals, Glenmark Pharmaceuticals, Cipla, and Sun Pharmaceutical Industries.

The projected market value of Liposomal Amphotericin B in 2024 is 25.0 million USD.

Opportunities for growth in the market include increasing cancer incidence and advancements in drug delivery technologies.

The India Targeted Liposomes Drug Delivery Market is expected to grow at a significant rate, potentially outpacing growth in many other regional markets.

Challenges in the market include regulatory hurdles and high costs associated with the development of advanced liposomal formulations.

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