Global Pharmaceutical Contract Manufacturing And Research Services Market Size & Outlook
The pharmaceutical contract manufacturing and research services industry worldwide is expected to reach a projected revenue of US$ 395,229.9 million by 2030. A compound annual growth rate of 7.1% is expected of the worldwide pharmaceutical contract manufacturing and research services industry from 2024 to 2030.
Revenue, 2023 (US$M)
$244,536.8
Forecast, 2030 (US$M)
$395,229.9
CAGR, 2024 - 2030
7.1%
Report Coverage
Worldwide
Global pharmaceutical contract manufacturing and research services market, 2018-2030 (US$M)
Related Markets
Global pharmaceutical contract manufacturing and research services market highlights
- The global pharmaceutical contract manufacturing and research services market generated a revenue of USD 244,536.8 million in 2023 and is expected to reach USD 395,229.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.1% by 2030.
- In terms of segment, manufacturing accounted for a revenue of USD 161,824.6 million in 2023.
- Research is the most lucrative service segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 244,536.8 million |
| Market revenue in 2030 | USD 395,229.9 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Manufacturing |
| Fastest growing segment | Research |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Manufacturing, Research |
Other key industry trends
- In terms of revenue, the North America accounted for 25.1% of the global pharmaceutical contract manufacturing and research services market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 1,394.8 million by 2030.
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Pharmaceutical Contract Manufacturing And Research Services Market Scope
Pharmaceutical contract manufacturing and research services market segmentation & scope
Others
Pharmaceutical Contract Manufacturing And Research Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 66.18% in 2023. Horizon Databook has segmented the Global pharmaceutical contract manufacturing and research services market based on manufacturing, research covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pharmaceutical Contract Manufacturing And Research Services Service Outlook (Revenue, USD Million, 2018-2030)
- Manufacturing
- API/Bulk Drugs
- Advanced Drug Delivery Formulations
- Packaging
- Finished Dose Formulations
- Solid
- Liquid
- Semi-solid formulations
- Research
- Oncology
- Vaccines
- Inflammation & Immunology
- Cardiology
- Neuroscience
- Others
- Manufacturing
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Target buyers of Global pharmaceutical contract manufacturing and research services market databook
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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 global-level data and insights on the Global pharmaceutical contract manufacturing and research services market, including forecasts for subscribers. This global databook contains high-level insights into Global pharmaceutical contract manufacturing and research services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global pharmaceutical contract manufacturing market size, by regions, 2018-2030 (US$M)
Top 10 countries: Pharmaceutical contract manufacturing market size, 2023 (US$M)
Global pharmaceutical contract manufacturing market share, by service, 2023 & 2030 (%, US$M)
pharmaceutical contract manufacturing and research services market: Opportunity assessment by country
Global pharmaceutical contract manufacturing and research services market, by region, 2023 (US$M)
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