Argentina Pharmaceutical Cdmo Market Size & Outlook
Argentina pharmaceutical cdmo market, 2018-2030 (US$M)
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Argentina pharmaceutical cdmo market highlights
- The Argentina pharmaceutical cdmo market generated a revenue of USD 2,642.8 million in 2023 and is expected to reach USD 4,106.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, api was the largest revenue generating product in 2023.
- API is the most lucrative product segment registering the fastest growth during the forecast period.
Pharmaceutical cdmo market data book summary
| Market revenue in 2023 | USD 2,642.8 million |
| Market revenue in 2030 | USD 4,106.7 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Api |
| Fastest growing segment | API |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | API, Drug Product |
| Key market players worldwide | Lonza Group Ltd, Thermo Fisher Scientific Inc, Labcorp Holdings Inc, Catalent Inc, Wuxi AppTec Co Ltd, Siegfried Holding AG, Nipro Corp, Piramal Pharma Solutions, Recipharm Venture Fund, CordenPharma, Cambrex, Bushu Pharmaceuticals, Seqens |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.8% of the global pharmaceutical cdmo market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil pharmaceutical cdmo market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 7,858.7 million by 2030.
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Pharmaceutical CDMO Market Scope
Pharmaceutical CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina pharmaceutical 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 pharmaceutical cdmo market will help companies and investors design strategic landscapes.
Api was the largest segment with a revenue share of 81.52% in 2023. Horizon Databook has segmented the Argentina pharmaceutical cdmo market based on api, drug product covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is considered as one of the most advanced countries in terms of regulatory legislation in Latin America. It is a lucrative market for CDMO owing to the increasing need for highly optimized manufacturing processes, rising prevalence of diseases, and growing vaccine development & production.
Continuous advancements in nucleic acid therapeutics have strengthened the innovation in the country. For instance, in October 2023, The Director of the Pan American Health Organization announced the agreement with Argentine health, science & technology authorities to strengthen & increase the production & development of mRNA vaccines for regional use.
In addition, the country has aligned regulations of clinical research with international standards & requirements, which permits laboratories to conduct clinical trials on behalf of big pharmaceutical companies in developed countries.
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Our clientele includes a mix of pharmaceutical cdmo market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the Argentina pharmaceutical cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Argentina pharmaceutical cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina pharmaceutical cdmo market size, by product, 2018-2030 (US$M)
Argentina Pharmaceutical CDMO Market Outlook Share, 2023 & 2030 (US$M)
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