Market revenue in 2023 | USD 2,782.4 million |
Market revenue in 2030 | USD 4,752.2 million |
Growth rate | 7.9% (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 |
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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 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 Malaysia 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.
Malaysia has advanced healthcare system with increasing population of 31.9 million. With its improved standard life Malaysia has higher incidence of chronic diseases, and other communicable diseases. Moreover increasing outsourcing of R&D is also one of the reason responsible for contract development and manufacturing market in this country.
Improving healthcare infrastructure and increasing favorable government initiatives are other factors responsible for market growth. Additionally, growing pharmaceutical industry is also major reason responsible for CDMO market growth in this country.
Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia healthcare contract development and manufacturing organization market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia healthcare contract development and manufacturing organization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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