Market revenue in 2023 | USD 786.2 million |
Market revenue in 2030 | USD 1,137.7 million |
Growth rate | 5.4% (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 |
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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 81.37% in 2023. Horizon Databook has segmented the UAE pharmaceutical cdmo market based on api, drug product covering the revenue growth of each sub-segment from 2018 to 2030.
The pharmaceutical CDMO market is continuously growing in the UAE due to factors such as a rising prevalence of several chronic diseases, growing investments in complex biologic molecules development, a supportive regulatory environment.
Entry of new market players, and growing year-onyear investments of foreign pharmaceutical companies & CDMOs. Moreover, the market is fueled by domestic players who expand their pharmaceutical production capacities & geographical presence through various strategies.
Such factors support the production of pharmaceutical products in the country. The number of CDMOs in the UAE has been increasing since 2000. The country offers favorable incentive policies that have attracted leading pharmaceutical companies, such as Pfizer, AstraZeneca, and Amgen.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE pharmaceutical cdmo market , including forecasts for subscribers. This country databook contains high-level insights into UAE pharmaceutical cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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