Argentina Pharmaceutical Contract Manufacturing And Research Services Market Size & Outlook

The pharmaceutical contract manufacturing and research services market in Argentina is expected to reach a projected revenue of US$ 1,451.3 million by 2030. A compound annual growth rate of 7.2% is expected of Argentina pharmaceutical contract manufacturing and research services market from 2024 to 2030.
Revenue, 2023 (US$M)
$893.8
Forecast, 2030 (US$M)
$1,451.3
CAGR, 2024 - 2030
7.2%
Report Coverage
Argentina

Argentina pharmaceutical contract manufacturing and research services market, 2018-2030 (US$M)

Argentina

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Argentina pharmaceutical contract manufacturing and research services market highlights

  • The Argentina pharmaceutical contract manufacturing and research services market generated a revenue of USD 893.8 million in 2023 and is expected to reach USD 1,451.3 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
  • In terms of segment, manufacturing was the largest revenue generating service in 2023.
  • Research is the most lucrative service segment registering the fastest growth during the forecast period.


Pharmaceutical contract manufacturing and research services market data book summary

Market revenue in 2023USD 893.8 million
Market revenue in 2030USD 1,451.3 million
Growth rate7.2% (CAGR from 2023 to 2030)
Largest segmentManufacturing
Fastest growing segmentResearch
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationManufacturing, Research
Key market players worldwideCatalent Inc, Pharmaceutical Product Development, AbbVie Inc, Baxter International Inc, Grifols SA Ordinary Shares - Class A, Dalton Pharma Services, Boehringer Ingelheim, Lonza Group Ltd


Other key industry trends

  • In terms of revenue, Argentina accounted for 0.4% of the global pharmaceutical contract manufacturing and research services market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil pharmaceutical contract manufacturing and research services market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 28,420.9 million by 2030.

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Pharmaceutical Contract Manufacturing And Research Services Market Companies

Name Profile # Employees HQ Website

Argentina pharmaceutical contract manufacturing and research services 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 contract manufacturing and research services market will help companies and investors design strategic landscapes.


Manufacturing was the largest segment with a revenue share of 65.99% in 2023. Horizon Databook has segmented the Argentina pharmaceutical contract manufacturing and research services market based on manufacturing, research covering the revenue growth of each sub-segment from 2018 to 2030.


Argentina’s pharmaceutical contract manufacturing and research market is expected to exhibit lucrative growth in the coming years owing to growth in demand for more drugs/therapeutics due to the increasing prevalence of diseases and favorable regulatory environment.

Argentina is regarded as a favorable location for cost-effective clinical trials in the Latin American region, and it was one of the first Latin American countries to implement the WHO's GMP standards, thereby endorsing compliance with an international set of quality standards for pharmaceutical production.

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  • Our clientele includes a mix of pharmaceutical contract manufacturing and research services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina pharmaceutical contract manufacturing and research services market, including forecasts for subscribers. This country databook contains high-level insights into Argentina pharmaceutical contract manufacturing and research services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina pharmaceutical contract manufacturing market size, by service, 2018-2030 (US$M)

Argentina Pharmaceutical Contract Manufacturing And Research Services Market Share, 2023 & 2030 (US$M)

Argentina pharmaceutical contract manufacturing market size, by service, 2018-2030 (US$M)

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