Market revenue in 2023 | USD 352.8 million |
Market revenue in 2030 | USD 591.2 million |
Growth rate | 7.7% (CAGR from 2023 to 2030) |
Largest segment | Small molecule |
Fastest growing segment | Large Molecule |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Small Molecule, Large Molecule |
Key market players worldwide | IQVIA Holdings Inc, JSR Corp, Taconic Biosciences, Evotec SE, Janvier Labs, Charles River Laboratories International Inc, Icon PLC, Labcorp Holdings Inc, PAREXEL, GemPharmatech, PsychoGenics, Biocytogen, SMO-Group |
Small molecule was the largest segment with a revenue share of 63.63% in 2023. Horizon Databook has segmented the Germany in vivo cro market based on small molecule, large molecule covering the revenue growth of each sub-segment from 2018 to 2030.
The pharmaceutical & biotechnology industry in Germany is considered as one of the world’s largest industries across the globe. Moreover, numerous German companies specialize in providing contracts exclusively to pharmaceuticals and biotechnology companies worldwide.
A notable initiative called HEALTH MADE IN GERMANY, led by the German Federal Ministry for Economic Affairs and Energy (BMW), actively promotes the country’s contract research businesses. This initiative was aimed at supporting international organizations to establish contact with potential German suppliers and partners. This is anticipated to boost in vivo CRO market growth in Germany.
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