Asia Pacific Large Molecule Drug Substance Cdmo Market Size & Outlook
Asia Pacific large molecule drug substance cdmo market, 2018-2030 (US$M)
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Asia Pacific large molecule drug substance cdmo market highlights
- The Asia Pacific large molecule drug substance cdmo market generated a revenue of USD 4,261.0 million in 2023.
- The market is expected to grow at a CAGR of 10.4% from 2024 to 2030.
- In terms of segment, contract manufacturing was the largest revenue generating service in 2023.
- Contract Development is the most lucrative service 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 4,261.0 million |
| Market revenue in 2030 | USD 8,499.7 million |
| Growth rate | 10.4% (CAGR from 2023 to 2030) |
| Largest segment | Contract manufacturing |
| Fastest growing segment | Contract Development |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Contract Manufacturing, Contract Development |
| Key market players worldwide | Eurofins Scientific SE, WuXi Biologics (Cayman) Inc, Catalent Inc, AGC Inc, Siegfried Holding AG, Boehringer Ingelheim, FUJIFILM Holdings Corp, Samsung BioLogics, Rentschler Biopharma SE, Recipharm |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 35.8% of the global large molecule drug substance cdmo market in 2023.
- Globally, Asia Pacific 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 8,499.7 million by 2030.
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Large Molecule Drug Substance CDMO Market Scope
Large Molecule Drug Substance CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific large molecule drug substance cdmo 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 large molecule drug substance cdmo market will help companies and investors design strategic landscapes.
Contract manufacturing was the largest segment with a revenue share of 67% in 2023. Horizon Databook has segmented the Asia Pacific large molecule drug substance cdmo market based on contract manufacturing, contract development covering the revenue growth of each sub-segment from 2018 to 2030.
It is expected to be the fastest growing market owing to various amendments made by regulatory organizations to change clinical trials evaluation standards according to global requirements and many major players are investing in Asia Pacific.
Also, factors such as high scope for cost savings, increased complexity in product designs, and growing number of biopharmaceutical companies in the region are expected to drive the Asia Pacific market.
Furthermore, availability of skilled workforce in the region at a lower cost than the U.S. is anticipated to propel market growth. Countries in Asia Pacific have large patient pool and the potential to have advanced medical expertise.
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Our clientele includes a mix of large molecule drug substance cdmo market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific large molecule drug substance cdmo market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific large molecule drug substance cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific large molecule drug substance cdmo market size, by country, 2018-2030 (US$M)
Asia Pacific Large Molecule Drug Substance CDMO Market Outlook Share, 2023 & 2030 (US$M)
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