Argentina Healthcare Contract Development And Manufacturing Organization Market Size & Outlook
Argentina healthcare contract development and manufacturing organization market, 2018-2030 (US$M)
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Argentina healthcare contract development and manufacturing organization market highlights
- The Argentina healthcare contract development and manufacturing organization market generated a revenue of USD 3,839.1 million in 2023 and is expected to reach USD 6,755.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, contract manufacturing was the largest revenue generating services in 2023.
- Contract Manufacturing is the most lucrative services segment registering the fastest growth during the forecast period.
Healthcare contract development and manufacturing organization market data book summary
| Market revenue in 2023 | USD 3,839.1 million |
| Market revenue in 2030 | USD 6,755.4 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Contract manufacturing |
| Fastest growing segment | Contract Manufacturing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Contract Development, Contract Manufacturing |
| Key market players worldwide | Catalent Inc, Lonza Group Ltd, Recipharm, Siegfried Holding AG, Thermo Fisher Scientific Inc, Labcorp Drug Development, Jabil Inc, Syngene, IQVIA Holdings Inc, Almac Group, Ajinomoto Co Inc, Alcami, Vetter Pharma-Fertigung |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.5% of the global healthcare contract development and manufacturing organization market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil healthcare contract development and manufacturing organization market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 12,927.2 million by 2030.
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Healthcare Contract Development And Manufacturing Organization Market Scope
Healthcare Contract Development And Manufacturing Organization Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina healthcare contract development and manufacturing organization 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 healthcare contract development and manufacturing organization market will help companies and investors design strategic landscapes.
Contract manufacturing was the largest segment with a revenue share of 77.99% in 2023. Horizon Databook has segmented the Argentina healthcare contract development and manufacturing organization market based on contract development, contract manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is one of the most advanced Latin American countries in terms of regulatory legislations. It is a lucrative market for contract development and manufacturing, owing to its favorable regulatory guidelines, cost compliance, and established clinical & manufacturing infrastructure.
The country has aligned its regulations on clinical research with international standards & requirements, which enable laboratories to conduct clinical trials for big pharmaceutical companies from developed economies.
Over the coming years, biotechnology and pharmaceutical companies may begin outsourcing clinical trials to Argentina to take advantage of cost-effectiveness, time-saving, & expertise, while maintaining compliance with international standards such as the Good Clinical Practices & Good Laboratory Practices.
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Target buyers of Argentina healthcare contract development and manufacturing organization market databook
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Our clientele includes a mix of healthcare contract development and manufacturing organization market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina healthcare contract development and manufacturing organization market , including forecasts for subscribers. This country databook contains high-level insights into Argentina healthcare contract development and manufacturing organization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina healthcare contract development and manufacturing organization market size, by services, 2018-2030 (US$M)
Argentina Healthcare Contract Development And Manufacturing Organization Market Outlook Share, 2023 & 2030 (US$M)
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