The India dexamethasone market size reached USD 27.84 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 51.77 Million by 2033, exhibiting a growth rate (CAGR) of 6.6% during 2025-2033. The increasing prevalence of inflammatory diseases, rising demand for corticosteroids in oncology and autoimmune disorders, growing pharmaceutical R&D investments, expanding healthcare infrastructure, and government initiatives supporting affordable treatments are some of the factors propelling the growth of the market.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 27.84 Million |
Market Forecast in 2033 | USD 51.77 Million |
Market Growth Rate 2025-2033 | 6.6% |
Rising Demand for Proven COVID-19 Treatments
The increased reliance on effective and affordable treatments has accelerated the use of corticosteroids in healthcare systems. Following clinical evidence demonstrating its significant impact on reducing mortality among severe COVID-19 patients, its adoption grew rapidly. With its established safety profile and low cost, it became a vital resource in managing critical cases. In India, the heightened demand for reliable treatment options further solidified its role in hospitals and emergency care units. Medical professionals prioritized its use to reduce fatality rates in patients requiring respiratory support. This widespread acceptance emphasized the importance of accessible therapies during public health crises, contributing to enhanced patient outcomes across the country’s healthcare infrastructure. For example, in March 2020, Dexamethasone, a low-cost steroid, gained prominence after the RECOVERY trial in the UK showed it reduced mortality by one-third in ventilated COVID-19 patients. In the trial, 2,104 patients received 6 mg daily for ten days, compared to 4321 receiving usual care. Mortality was 41% in ventilated patients, 25% in oxygen-supported cases, and 13% without respiratory intervention. This bolstered dexamethasone's demand in India's healthcare sector.
Affordable Healthcare Solutions and Global Supply Growth
Dexamethasone, a corticosteroid, has been a cornerstone in India's pharmaceutical landscape, especially during the COVID-19 pandemic. India's pharmaceutical industry continues to expand its reach in the global market, driven by the production of low-cost, effective medications. With numerous brands offering affordable options, essential drugs remain accessible to the domestic population. Additionally, substantial exports highlight the country's role as a major supplier of critical medications. Competitive pricing and high production capacity have strengthened its position as a reliable global pharmaceutical provider, benefiting both local healthcare systems and international markets. This combination of affordability and large-scale export underscores the sector’s capacity to address medical needs across diverse regions, contributing to global healthcare accessibility while supporting the nation's economic growth. For instance, with over 20 established brands offering it in various forms, the drug remains highly affordable, with a strip of ten tablets priced under INR 3. In the fiscal year 2019-2020, India exported approximately 5.35 lakh tonnes of dexamethasone, valued at INR 15.34 Million, underscoring its significant role in both domestic healthcare and international markets.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on type, route of administration, application, and end user.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes injectables, capsules, tablets, and solutions.
Route of Administration Insights:
A detailed breakup and analysis of the market based on the route of administration have also been provided in the report. This includes oral and intravenous.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes asthma, rheumatoid arthritis, skin disorders, covid-19, ulcerative colitis, lupus, allergic disorders, psoriasis, and others.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes hospitals, clinics, pharmacy, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Injectables, Capsules, Tablets, Solutions |
Routes of Administration Covered | Oral, Intravenous |
Applications Covered | Asthma, Rheumatoid Arthritis, Skin Disorders, Covid-19, Ulcerative Colitis, Lupus, Allergic Disorders, Psoriasis, Others |
End Users Covered | Hospitals, Clinics, Pharmacy, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |