China Healthcare Contract Manufacturing Market Size & Outlook
China healthcare contract manufacturing market, 2018-2030 (US$M)
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China healthcare contract manufacturing market highlights
- The China healthcare contract manufacturing market generated a revenue of USD 21,710.5 million in 2023 and is expected to reach USD 50,493.7 million by 2030.
- The China market is expected to grow at a CAGR of 12.8% 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 21,710.5 million |
| Market revenue in 2030 | USD 50,493.7 million |
| Growth rate | 12.8% (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, China accounted for 8.8% 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.
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Healthcare Contract Manufacturing Market Scope
Healthcare Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 52.04% in 2023. Horizon Databook has segmented the China healthcare contract manufacturing market based on medical devices, pharmaceutical covering the revenue growth of each sub-segment from 2018 to 2030.
In 2016, as part of Marketing Authorization Holder (MAH) system reforms, China FDA legalized contract manufacturing, thus allowing domestic biopharmaceutical & pharmaceutical companies’ access to contract manufacturers, which is anticipated to fuel the market growth.
In addition, presence of EMA- and/or FDA-approved facilities in the country is also anticipated to increase foreign investments. For instance, nearly 92 contract service organizations have headquarters in Jiangsu with 72% of the facilities having EMA and/or FDA approval.
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Target buyers of China 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 country-level data and insights on the China healthcare contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into China healthcare contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China healthcare contract manufacturing market size, by type, 2018-2030 (US$M)
China Healthcare Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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