Market revenue in 2023 | USD 3,357.2 million |
Market revenue in 2030 | USD 5,198.9 million |
Growth rate | 6.4% (CAGR from 2023 to 2030) |
Largest segment | Mammalian source |
Fastest growing segment | Mammalian Source |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Microbial Source, Mammalian Source, Other Source |
Key market players worldwide | WuXi Biologics (Cayman) Inc, FUJIFILM Holdings Corp, AGC Biologics, Thermo Fisher Scientific Inc, Curia, Genscript Biotech Corp Class H, Boehringer Ingelheim Pharma, Abzena, JSR Corp, Bionova Scientific |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biologics contract development market will help companies and investors design strategic landscapes.
Mammalian source was the largest segment with a revenue share of 55.36% in 2023. Horizon Databook has segmented the North America biologics contract development market based on microbial source, mammalian source, other source covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the Contract Research Organizations (CRO) can primarily attributed to the increasing outsourcing activities and rise in the number of clinical trials. Industry players are focused on decreasing approval timelines by adopting advanced technologies. Moreover, increase in strategic acquisitions & partnership and rise in demand for specialized testing services are likely to have a positive impact on growth of the biologics CRO market in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America biologics contract development market, including forecasts for subscribers. This continent databook contains high-level insights into North America biologics contract development market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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