Market revenue in 2023 | USD 2,032.5 million |
Market revenue in 2030 | USD 11,117.2 million |
Growth rate | 27.5% (CAGR from 2023 to 2030) |
Largest segment | Pre-clinical |
Fastest growing segment | Pre-clinical |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Pre-clinical, Clinical |
Key market players worldwide | Lonza Group Ltd, Catalent Inc, Cytiva, Samsung Electronics Co Ltd, Thermo Fisher Scientific Inc, Novartis AG ADR, Wuxi AppTec Co Ltd, AGC Inc, OmniAb Inc, Rentschler Biopharma SE, Charles River Laboratories International Inc |
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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 cell and gene therapy cdmo market will help companies and investors design strategic landscapes.
Pre-clinical was the largest segment with a revenue share of 66.22% in 2023. Horizon Databook has segmented the North America cell and gene therapy cdmo market based on pre-clinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.
North America accounts for 40.76% share in the global cell & gene therapy CDMO market due to growing investments in R&D of new drugs by pharmaceutical companies. The growth of the pharmaceutical industry in the U.S. and Canada is one of the key factors contributing to market growth.
In addition, the presence of key players and ongoing clinical trials are anticipated to drive market growth. Moreover, stringent regulatory requirements, particularly in the U.S. & Canada, necessitate specialized knowledge & compliance expertise, making CDMOs an attractive option for navigating regulatory hurdles.
Furthermore, increasing mergers & acquisitions among CDMOs to expand service offerings, geographic presence, and capabilities is expected to drive the North America cell & gene therapy CDMO market. For instance, in May 2023, uBriGene Biosciences acquired Mustang Bio’s, a cell & gene therapy manufacturing facility in Worcester, Massachusetts, for USD 11 million.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America cell and gene therapy cdmo market , including forecasts for subscribers. This continent databook contains high-level insights into North America cell and gene therapy cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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