Asia Pacific Pharmaceutical Cdmo Market Size & Outlook
Asia Pacific pharmaceutical cdmo market, 2018-2030 (US$M)
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Asia Pacific pharmaceutical cdmo market highlights
- The Asia Pacific pharmaceutical cdmo market generated a revenue of USD 54,955.1 million in 2023.
- The market is expected to grow at a CAGR of 7.8% 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.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 54,955.1 million |
| Market revenue in 2030 | USD 92,961.1 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Api |
| Fastest growing segment | API |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Asia Pacific region accounted for 37.6% of the global pharmaceutical 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 92,961.1 million by 2030.
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Pharmaceutical CDMO Market Scope
Pharmaceutical CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 81.29% in 2023. Horizon Databook has segmented the Asia Pacific pharmaceutical cdmo market based on api, drug product covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific held the largest market share of 37.64% and is expected to maintain this dominance over the forecast period. This growth can be attributed to various factors, such as improved social insurance schemes and constantly improving economic conditions in the region.
Which allow patients to pay out-of-pocket pharmaceutical costs. In recent years, countries such as Singapore, China, and India have been observed to be major players in the pharmaceutical industry owing to their expanding manufacturing capabilities.
In addition, in the past decade, the manufacturing of pharmaceutical products has been outsourced to Asian countries, including India & China. Furthermore, the availability of a large number of potential study subjects has driven several pharmaceutical companies.
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Target buyers of Asia Pacific pharmaceutical cdmo market databook
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Our clientele includes a mix of pharmaceutical cdmo market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific pharmaceutical cdmo market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific pharmaceutical cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific pharmaceutical cdmo market size, by country, 2018-2030 (US$M)
Asia Pacific Pharmaceutical CDMO Market Outlook Share, 2023 & 2030 (US$M)
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