Global Biotechnology And Pharmaceutical Services Outsourcing Market Size & Outlook
Global biotechnology and pharmaceutical services outsourcing market, 2018-2030 (US$M)
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Global biotechnology and pharmaceutical services outsourcing market highlights
- The global biotechnology and pharmaceutical services outsourcing market generated a revenue of USD 46,154.9 million in 2023 and is expected to reach USD 66,946.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.5% by 2030.
- In terms of segment, consulting accounted for a revenue of USD 22,309.2 million in 2023.
- Training & Education is the most lucrative services segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 46,154.9 million |
| Market revenue in 2030 | USD 66,946.9 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Consulting |
| Fastest growing segment | Training & Education |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consulting, Regulatory Affairs, Product Design & Development, Auditing and Assessment, Product Maintenance, Training & Education |
Other key industry trends
- In terms of revenue, the North America accounted for 24.9% of the global biotechnology and pharmaceutical services outsourcing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 256.9 million by 2030.
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Biotechnology And Pharmaceutical Services Outsourcing Market Scope
Biotechnology And Pharmaceutical Services Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global biotechnology and pharmaceutical services outsourcing 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 biotechnology and pharmaceutical services outsourcing market will help companies and investors design strategic landscapes.
Consulting was the largest segment with a revenue share of 48.34% in 2024. Horizon Databook has segmented the Global biotechnology and pharmaceutical services outsourcing market based on consulting, regulatory affairs, product design & development, auditing and assessment, product maintenance, training & education covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Biotechnology And Pharmaceutical Services Outsourcing Services Outlook (Revenue, USD Million, 2018-2030)
- Consulting
- Regulatory Consulting
- Clinical Development Consulting
- Strategic Planning & Business Development Consulting
- Quality Management Systems Consulting
- Others
- Regulatory Affairs
- Legal Representation
- Regulatory Writing & Publishing
- Product Registration & Clinical Trial Applications
- Regulatory Submissions
- Regulatory Operations
- Others
- Product Design & Development
- Research, Strategy, & Concept Generation
- Concept & Requirements Development
- Detailed Design & Process Development
- Design Verification & Validation
- Process Validation & Manufacturing Transfer
- Production & Commercial Support
- Auditing and Assessment
- Product Maintenance
- Training & Education
- Others
- Consulting
- Global Biotechnology And Pharmaceutical Services Outsourcing End Use Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical Companies
- Biotech Companies
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Target buyers of Global biotechnology and pharmaceutical services outsourcing market databook
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Our clientele includes a mix of biotechnology and pharmaceutical services outsourcing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global biotechnology and pharmaceutical services outsourcing market , including forecasts for subscribers. This global databook contains high-level insights into Global biotechnology and pharmaceutical services outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global biotechnology and pharmaceutical services outsourcing market size, by regions, 2018-2030 (US$M)
Top 10 countries: Biotechnology and pharmaceutical services outsourcing market size, 2024 (US$M)
Global biotechnology and pharmaceutical services outsourcing market share, by services, 2024 & 2030 (%, US$M)
Biotechnology and pharmaceutical services outsourcing market: Opportunity assessment by country
Global biotechnology and pharmaceutical services outsourcing market, by region, 2024 (US$M)
Global biotechnology and pharmaceutical services outsourcing market size, by regions, 2018-2030 (US$M)
| Services | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 9,888.0 | 10,326.9 | 10,836.2 | 10,978.7 | 11,182.5 | 11,492.6 | 11,914.8 | 12,444.4 | 13,053.9 | 13,728.6 | 14,460.5 | 15,253.4 | 16,103.1 | 5.3% |
| Europe | 8,386.5 | 8,806.7 | 9,291.7 | 9,466.0 | 9,695.8 | 10,019.7 | 10,446.2 | 10,971.6 | 11,574.1 | 12,241.2 | 12,967.3 | 13,756.7 | 14,606.6 | 5.9% |
| Asia Pacific | 15,972.1 | 16,858.8 | 17,878.9 | 18,306.6 | 18,845.3 | 19,573.1 | 20,507.5 | 21,646.1 | 22,946.9 | 24,387.9 | 25,960.5 | 27,673.7 | 29,524.0 | 6.4% |
| Latin America | 2,527.0 | 2,624.7 | 2,738.4 | 2,758.4 | 2,793.4 | 2,853.5 | 2,940.7 | 3,052.3 | 3,181.9 | 3,325.3 | 3,479.8 | 3,646.7 | 3,824.3 | 4.6% |
| MEA | 1,996.1 | 2,066.3 | 2,148.7 | 2,157.2 | 2,177.0 | 2,216.0 | 2,275.2 | 2,352.8 | 2,443.4 | 2,543.3 | 2,651.1 | 2,766.7 | 2,888.9 | 4.2% |
| Overall | 38,769.7 | 40,683.4 | 42,893.9 | 43,666.9 | 44,694.0 | 46,154.9 | 48,084.4 | 50,467.2 | 53,200.2 | 56,226.3 | 59,519.2 | 63,097.2 | 66,946.9 | 5.8% |
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