Norway Pharmaceutical Cdmo Market Size & Outlook
Norway pharmaceutical cdmo market, 2018-2030 (US$M)
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Norway pharmaceutical cdmo market highlights
- The Norway pharmaceutical cdmo market generated a revenue of USD 704.3 million in 2023 and is expected to reach USD 1,090.9 million by 2030.
- The Norway 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.
Pharmaceutical cdmo market data book summary
| Market revenue in 2023 | USD 704.3 million |
| Market revenue in 2030 | USD 1,090.9 million |
| Growth rate | 6.4% (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, Norway accounted for 0.5% 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 Europe, Germany pharmaceutical cdmo market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 12,975.3 million by 2030.
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Pharmaceutical CDMO Market Scope
Pharmaceutical CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Norway 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 81.46% in 2023. Horizon Databook has segmented the Norway pharmaceutical cdmo market based on api, drug product covering the revenue growth of each sub-segment from 2018 to 2030.
With diverse capabilities in treatments & diagnostics in important fields, such as cancer and neurosciences, Norway has a developing pharmaceutical sector. Due to its long history in the biomedical sciences, Norway is a preferable place for businesses looking to set up a base or to collaborate.
In addition, Norway's strategic location and access to global markets make it an attractive destination for pharmaceutical companies looking to expand their international presence. CDMOs operating in Norway can leverage these advantages to offer services to both domestic & international clients, further driving growth in the pharmaceutical outsourcing sector.
For example, in September 2022, NextPharma finalized a deal to acquire the Takeda manufacturing facility located in Asker, Norway. This addition marks a strategic expansion for NextPharma, complementing its existing industrial network.
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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 Norway pharmaceutical cdmo market , including forecasts for subscribers. This country databook contains high-level insights into Norway pharmaceutical cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway pharmaceutical cdmo market size, by product, 2018-2030 (US$M)
Norway Pharmaceutical CDMO Market Outlook Share, 2023 & 2030 (US$M)
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