Global Biotechnology And Pharmaceutical Services Outsourcing Market Size & Outlook
The biotechnology and pharmaceutical services outsourcing industry worldwide is expected to reach a projected revenue of US$ 66,946.9 million by 2030. A compound annual growth rate of 5.5% is expected of the worldwide biotechnology and pharmaceutical services outsourcing industry from 2024 to 2030.
Revenue, 2023 (US$M)
$46,154.9
Forecast, 2030 (US$M)
$66,946.9
CAGR, 2024 - 2030
5.5%
Report Coverage
Worldwide
Global biotechnology and pharmaceutical services outsourcing market, 2018-2030 (US$M)
Related Markets
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 segmentation & scope
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Biotechnology And Pharmaceutical Services Outsourcing Market Companies
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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 2023. 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Biotechnology and pharmaceutical services outsourcing market size, 2023 (USD Million)
Top 10 countries: Biotechnology and pharmaceutical services outsourcing market size, 2023 (USD Million)
Global biotechnology and pharmaceutical services outsourcing market, by region, 2023 (US$M)
Related regional statistics
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