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 2023USD 244,536.8 million
Market revenue in 2030USD 395,229.9 million
Growth rate7.1% (CAGR from 2023 to 2030)
Largest segmentManufacturing
Fastest growing segmentResearch
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationManufacturing, 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 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

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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.

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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)

Global pharmaceutical contract manufacturing market size, by regions, 2018-2030 (US$M)

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