Israel Healthcare Contract Development And Manufacturing Organization Market Size & Outlook
Israel healthcare contract development and manufacturing organization market, 2018-2030 (US$M)
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Israel healthcare contract development and manufacturing organization market highlights
- The Israel healthcare contract development and manufacturing organization market generated a revenue of USD 811.8 million in 2023 and is expected to reach USD 1,402.0 million by 2030.
- The Israel market is expected to grow at a CAGR of 8.1% 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 811.8 million |
| Market revenue in 2030 | USD 1,402.0 million |
| Growth rate | 8.1% (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, Israel accounted for 0.3% 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 Middle East & Africa, South Africa healthcare contract development and manufacturing organization 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 7,094.3 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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Israel 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 78% in 2023. Horizon Databook has segmented the Israel 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.
A large number of pharmaceutical and medical device companies have been utilizing Israel as a regular site for their multinational clinical trials owing to the country’s strong adherence to GCP standards, availability of a diverse patient population, high-quality medical infrastructure, and well-trained physician workforce.
Manufacturers are enticed by the familiar regulatory environment, lower costs, high-quality healthcare system, high patient enrollment rates, and qualified clinical site investigators in the country.
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Target buyers of Israel 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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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Israel healthcare contract development and manufacturing organization market , including forecasts for subscribers. This country databook contains high-level insights into Israel healthcare contract development and manufacturing organization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Israel healthcare contract development and manufacturing organization market size, by services, 2018-2030 (US$M)
Israel Healthcare Contract Development And Manufacturing Organization Market Outlook Share, 2023 & 2030 (US$M)
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