Market revenue in 2023 | USD 361.4 million |
Market revenue in 2030 | USD 637.6 million |
Growth rate | 8.4% (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 66.99% in 2023. Horizon Databook has segmented the Italy large molecule drug substance cdmo market based on contract manufacturing, contract development covering the revenue growth of each sub-segment from 2018 to 2030.
Italy makes a significant contribution to the global cell & gene therapy manufacturing with development of 3 out of 10 gene therapy products approved in Europe. This active engagement of the country in this space is considered a key factor for market growth.
In addition, companies operating in the country are forming partnerships for efficient gene therapy manufacturing. For instance, in July 2020, MolMed S.p.A extended its collaboration with UK-based Orchard Therapeutics for gene therapy manufacturing.
As part of this collaboration, the Italian company will support the latter company’s development and manufacturing of vectors and drug products. MolMed S.p.A is the first company with GMP authorization for cell & gene therapy manufacturing in Europe.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy large molecule drug substance cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Italy large molecule drug substance cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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