Asia Pacific Healthcare Contract Manufacturing Market Size & Outlook
Asia Pacific healthcare contract manufacturing market, 2018-2030 (US$M)
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Asia Pacific healthcare contract manufacturing market highlights
- The Asia Pacific healthcare contract manufacturing market generated a revenue of USD 66,872.8 million in 2023.
- The market is expected to grow at a CAGR of 10.6% from 2024 to 2030.
- In terms of segment, medical devices was the largest revenue generating type in 2023.
- Medical Devices is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 66,872.8 million |
| Market revenue in 2030 | USD 135,629.9 million |
| Growth rate | 10.6% (CAGR from 2023 to 2030) |
| Largest segment | Medical devices |
| Fastest growing segment | Medical Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Devices, Pharmaceutical |
| Key market players worldwide | Nordson Corp, Integer Holdings Corp, Jabil Inc, Viant Technology Inc Ordinary Shares - Class A, Flex Ltd, Celestica Inc Ordinary Shares (Subordinate Voting), Sanmina Corp, Plexus Corp, Molex, West Pharmaceutical Services Inc, Catalent Inc, Thermo Fisher Scientific Inc, Recipharm, Boehringer Ingelheim, Lonza Group Ltd, Samsung BioLogics, Wuxi AppTec Co Ltd, FUJIFILM Holdings Corp, Cambrex |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 27.0% of the global healthcare contract manufacturing market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 135,629.9 million by 2030.
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Healthcare Contract Manufacturing Market Scope
Healthcare Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific healthcare contract manufacturing 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 manufacturing market will help companies and investors design strategic landscapes.
Medical devices was the largest segment with a revenue share of 52.14% in 2023. Horizon Databook has segmented the Asia Pacific healthcare contract manufacturing market based on medical devices, pharmaceutical covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is one the most attractive markets for contract manufacturing. This can be attributed to supportive regulatory reforms, especially in countries such as India & China, and cost-saving opportunities present in Asian countries.
Furthermore, presence of cGMP compliant facilities and established market players in the region is also anticipated to fuel the market growth. Moreover, China is a leading producer of low-cost electronic chips and products.
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Target buyers of Asia Pacific healthcare contract manufacturing market databook
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Our clientele includes a mix of healthcare contract manufacturing 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 continent-level data and insights on the Asia Pacific healthcare contract manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific healthcare contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific healthcare contract manufacturing market size, by country, 2018-2030 (US$M)
Asia Pacific Healthcare Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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