North America Pharmaceutical Cdmo Market Size & Outlook
North America pharmaceutical cdmo market, 2018-2030 (US$M)
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North America pharmaceutical cdmo market highlights
- The North America pharmaceutical cdmo market generated a revenue of USD 37,398.4 million in 2023.
- The market is expected to grow at a CAGR of 6.4% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 37,398.4 million |
| Market revenue in 2030 | USD 57,680.0 million |
| Growth rate | 6.4% (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, North America region accounted for 25.6% 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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North America 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 81.19% in 2023. Horizon Databook has segmented the North America pharmaceutical cdmo market based on api, drug product covering the revenue growth of each sub-segment from 2018 to 2030.
North America accounts for 25.62% share in the global pharmaceutical CDMO market owing to growing investments in R&D of new drugs by pharmaceutical companies, which boosts the demand for pharmaceutical contract development and manufacturing services.
The growth of the pharmaceutical industry in the U.S. and Canada is a key factor contributing to market growth. In addition, the substantial presence of key market players and ongoing clinical trials are anticipated to drive market growth.
In addition, stringent regulatory requirements, particularly in the U.S. & Canada, necessitate specialized knowledge & compliance expertise, making CDMOs an attractive option for navigating regulatory hurdles.
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Target buyers of North America 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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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 North America pharmaceutical cdmo market , including forecasts for subscribers. This continent databook contains high-level insights into North America pharmaceutical cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America pharmaceutical cdmo market size, by country, 2018-2030 (US$M)
North America Pharmaceutical CDMO Market Outlook Share, 2023 & 2030 (US$M)
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