South Africa Biopharmaceutical Cmo And Cro Market Size & Outlook
South Africa biopharmaceutical cmo and cro market, 2017-2030 (US$M)
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South Africa biopharmaceutical cmo and cro market highlights
- The South Africa biopharmaceutical cmo and cro market generated a revenue of USD 280.7 million in 2021 and is expected to reach USD 693.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10.6% from 2022 to 2030.
- In terms of segment, mammalian was the largest revenue generating source in 2021.
- Non-mammalian is the most lucrative source segment registering the fastest growth during the forecast period.
Biopharmaceutical cmo and cro market data book summary
| Market revenue in 2021 | USD 280.7 million |
| Market revenue in 2030 | USD 693.1 million |
| Growth rate | 10.6% (CAGR from 2021 to 2030) |
| Largest segment | Mammalian |
| Fastest growing segment | Non-mammalian |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mammalian, Non-mammalian |
| Key market players worldwide | Boehringer Ingelheim, Lonza Group Ltd, Innovent Biologics Inc, Rentschler Biopharma SE, JRS Pharma, AGC Inc, Probiogen, FUJIFILM Holdings Corp, Toyobo Co Ltd, Samsung BioLogics, Thermo Fisher Scientific Inc, R1 RCM Inc, WuXi Biologics (Cayman) Inc, AbbVie Inc, Binex, Charles River Laboratories International Inc, Icon PLC, PAREXEL, Labcorp Holdings Inc |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.0% of the global biopharmaceutical cmo and cro market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa biopharmaceutical cmo and cro market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 693.1 million by 2030.
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Biopharmaceutical CMO And CRO Market Scope
Biopharmaceutical CMO And CRO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa biopharmaceutical cmo and cro market outlook
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 biopharmaceutical cmo and cro market will help companies and investors design strategic landscapes.
Mammalian was the largest segment with a revenue share of 59.07% in 2021. Horizon Databook has segmented the South Africa biopharmaceutical cmo and cro market based on mammalian, non-mammalian covering the revenue growth of each sub-segment from 2017 to 2030.
Slow economic growth and development of the healthcare system in the country have resulted in low market penetration of biopharmaceutical products in the country. However, South Africa market of biopharmaceutical CMOs & CROs is expected to witness considerable growth accounted for 6.3% over the forecast period owing to growing demand for biologics coupled with presence of target population.
In addition, presence of Innovative Pharmaceutical Association of South Africa, which aims at promoting a sustainable environment for pharmaceutical companies, is expected to boost the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa biopharmaceutical cmo and cro market , including forecasts for subscribers. This country databook contains high-level insights into South Africa biopharmaceutical cmo and cro market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa biopharmaceutical cmo and cro market size, by source, 2017-2030 (US$M)
South Africa Biopharmaceutical CMO And CRO Market Outlook Share, 2021 & 2030 (US$M)
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