Global Life Sciences Bpo Market Size & Outlook

The life sciences bpo industry worldwide is expected to reach a projected revenue of US$ 827,686.9 million by 2030. A compound annual growth rate of 9.3% is expected of the worldwide life sciences bpo industry from 2024 to 2030.
Revenue, 2023 (US$M)
$443,701.8
Forecast, 2030 (US$M)
$827,686.9
CAGR, 2024 - 2030
9.3%
Report Coverage
Worldwide

Global life sciences bpo market highlights

  • The global life sciences bpo market generated a revenue of USD 443,701.8 million in 2023 and is expected to reach USD 827,686.9 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 9.3% by 2030.
  • In terms of segment, pharmaceutical outsourcing accounted for a revenue of USD 244,680.9 million in 2023.
  • Medical devices outsourcing is the most lucrative services segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 443,701.8 million
Market revenue in 2030USD 827,686.9 million
Growth rate9.3% (CAGR from 2023 to 2030)
Largest segmentPharmaceutical outsourcing
Fastest growing segmentMedical devices outsourcing
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPharmaceutical outsourcing, Medical devices outsourcing, Contract sales and marketing outsourcing

Other key industry trends

  • In terms of revenue, the North America accounted for 25.3% of the global life sciences bpo market in 2023.
  • By country, the India is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 132,090.3 million by 2030.

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Life Sciences BPO Market Companies

Name Profile # Employees HQ Website

Global life sciences bpo 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 life sciences bpo market will help companies and investors design strategic landscapes.


pharmaceutical outsourcing was the largest segment with a revenue share of 55.15% in 2023. Horizon Databook has segmented the Global life sciences bpo market based on pharmaceutical outsourcing, medical devices outsourcing, contract sales and marketing outsourcing covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Life Sciences BPO Services Outlook (Revenue, USD Million, 2018-2030)
    • Pharmaceutical outsourcing
      • Contract Manufacturing Market
        • API
        • Finished Dose Form
        • Packaging
      • Contract Research Organizations
        • Drug Discovery
        • Preclinical Studies
        • Clinical Trial Studies
        • Regulatory Services
        • Pharmacovigilance
    • Medical devices outsourcing
      • Contract Manufacturing Market
        • Electronic Manufacturing Services
        • Finished Goods
        • Raw Materials/ Components
      • Contract Research Organizations
        • Regulatory Consulting Services
        • Product Design and Development Services
        • Product Testing Services
        • Product Implementation Services
        • Product Upgrade Services
        • Product Maintenance Services
    • Contract sales and marketing outsourcing
    • Others

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  • Our clientele includes a mix of life sciences bpo market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of global-level data and insights on the Global life sciences bpo market, including forecasts for subscribers. This global databook contains high-level insights into Global life sciences bpo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global life sciences bpo market statistics, by regions, 2018-2030 (US$M)

Top 10 countries: Life sciences bpo market size, 2023 (USD Million)

Top 10 countries: Life sciences bpo market size, 2023 (USD Million)

Global life sciences bpo market, by region, 2023 (US$M)

Global life sciences bpo market statistics, by regions, 2018-2030 (US$M)

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