Thailand Healthcare Contract Development And Manufacturing Organization Market Size & Outlook
Thailand healthcare contract development and manufacturing organization market, 2018-2030 (US$M)
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Thailand healthcare contract development and manufacturing organization market highlights
- The Thailand healthcare contract development and manufacturing organization market generated a revenue of USD 2,126.0 million in 2023 and is expected to reach USD 3,719.4 million by 2030.
- The Thailand market is expected to grow at a CAGR of 8.3% 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 2,126.0 million |
| Market revenue in 2030 | USD 3,719.4 million |
| Growth rate | 8.3% (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, Thailand accounted for 0.9% 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 Asia Pacific, China healthcare contract development and manufacturing organization market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 47,180.3 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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Thailand 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 Thailand 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.
The CDMO market in Thailand is growing at a rapid rate due to an increase in the uptake of outsourcing services by pharmaceutical companies amid a growing pharmaceutical industry. The country’s increasing population is one of the major reasons driving its CDMO market.
The population of Thailand was 68 million in 2016 and it was Southeast Asia’s third most populous country, after Indonesia and the Philippines. Thailand’s pharmaceutical market presents various opportunities for foreign pharmaceutical companies, which is anticipated to propel its CDMO market over the forecast period.
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Target buyers of Thailand 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 Thailand healthcare contract development and manufacturing organization market , including forecasts for subscribers. This country databook contains high-level insights into Thailand healthcare contract development and manufacturing organization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand healthcare contract development and manufacturing organization market size, by services, 2018-2030 (US$M)
Thailand Healthcare Contract Development And Manufacturing Organization Market Outlook Share, 2023 & 2030 (US$M)
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