Australia Healthcare Contract Manufacturing Market Size & Outlook
Australia healthcare contract manufacturing market, 2018-2030 (US$M)
Related Markets
Australia healthcare contract manufacturing market highlights
- The Australia healthcare contract manufacturing market generated a revenue of USD 4,202.1 million in 2023 and is expected to reach USD 7,861.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 9.4% 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.
Healthcare contract manufacturing market data book summary
| Market revenue in 2023 | USD 4,202.1 million |
| Market revenue in 2030 | USD 7,861.9 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Medical devices |
| Fastest growing segment | Medical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 1.7% of the global healthcare contract manufacturing 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 manufacturing 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 50,493.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Healthcare Contract Manufacturing Market Scope
Healthcare Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 52.17% in 2023. Horizon Databook has segmented the Australia healthcare contract manufacturing market based on medical devices, pharmaceutical covering the revenue growth of each sub-segment from 2018 to 2030.
In Australia, there are nearly 400 domestic biotechnology, 500 MedTech, and 50 multinational companies operating as subsidiaries such as Pfizer, GSK, Bristol-Myers Squibb, Merck, and Novartis. Presence of a large number of local and foreign companies is anticipated to boost manufacturing activities, thereby fueling the market growth.
Furthermore, aligning of Good Manufacturing Practice across various jurisdictions by the Australian Therapeutic Goods Administration (TGA), U.S. FDA, and EMA is anticipated to facilitate the market entry of U.S. and European firms in the country.
Reasons to subscribe to Australia healthcare contract manufacturing market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Australia healthcare contract manufacturing market databook
-
Our clientele includes a mix of healthcare contract manufacturing market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Australia healthcare contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Australia healthcare contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia healthcare contract manufacturing market size, by type, 2018-2030 (US$M)
Australia Healthcare Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
