U.S. Pharmaceutical Cdmo Market Size & Outlook, 2023-2030
U.S. pharmaceutical cdmo market, 2018-2030 (US$M)
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U.S. pharmaceutical cdmo market highlights
- The U.S. pharmaceutical cdmo market generated a revenue of USD 34,513.7 million in 2023 and is expected to reach USD 53,365.5 million by 2030.
- The U.S. 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 34,513.7 million |
| Market revenue in 2030 | USD 53,365.5 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, U.S. accounted for 23.6% 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 North America, U.S. pharmaceutical cdmo market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 53,365.5 million by 2030.
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Pharmaceutical CDMO Market Scope
Pharmaceutical CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 81.18% in 2023. Horizon Databook has segmented the U.S. pharmaceutical cdmo market based on api, drug product covering the revenue growth of each sub-segment from 2018 to 2030.
Pharmaceutical companies are increasingly outsourcing their development & manufacturing activities to CDMOs to reduce costs, accelerate time-to-market, and access specialized expertise. This trend is fueling the growth of the pharmaceutical CDMO market.
In the U.S. as CDMOs expand to meet the growing demand for outsourcing services. This expansion includes investments in new facilities, equipment upgrades, & process improvements.
For instance, In May 2023, CordenPharma ventured into synthetic oligonucleotide manufacturing at its facility in Colorado.
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Target buyers of U.S. 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 country-level data and insights on the U.S. pharmaceutical cdmo market , including forecasts for subscribers. This country databook contains high-level insights into U.S. pharmaceutical cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. pharmaceutical cdmo market size, by product, 2018-2030 (US$M)
U.S. Pharmaceutical CDMO Market Outlook Share, 2023 & 2030 (US$M)
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