Market revenue in 2023 | USD 45.6 million |
Market revenue in 2030 | USD 79.5 million |
Growth rate | 8.3% (CAGR from 2023 to 2030) |
Largest segment | Contract manufacturing |
Fastest growing segment | Contract Development |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 67.11% in 2023. Horizon Databook has segmented the Denmark large molecule drug substance cdmo market based on contract manufacturing, contract development covering the revenue growth of each sub-segment from 2018 to 2030.
The majority of pharmaceutical and biotech businesses are focusing their R&D on discovering new substances or leads for treatment of diseases, which is in the last stages of clinical testing.
The local government further encourages those clinical trials by giving funds and incentives to the pharmaceutical companies. In November 2020, the Danish Ministry of Health granted 18.8 million Danish Kroner to test a brand-new coronavirus vaccine developed by researchers at the country's State Serum Institute (SSI).
Denmark also consented to a fourth contract with BioNTech/Pfizer in November 2020 to ensure that the vaccine is available to about 2.0 million people in Europe. Currently, BioNTech/Pfizer is seen as a potential vaccine producer.
Horizon Databook provides a detailed overview of country-level data and insights on the Denmark large molecule drug substance cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Denmark large molecule drug substance cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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