Market revenue in 2023 | USD 9,733.8 million |
Market revenue in 2030 | USD 14,847.9 million |
Growth rate | 6.2% (CAGR from 2023 to 2030) |
Largest segment | Small molecule api |
Fastest growing segment | Small Molecule API |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Small Molecule API, Small Molecule Drug Product |
Key market players worldwide | Wuxi AppTec Co Ltd, EQT Corp, Thermo Fisher Scientific Inc, Lonza Group Ltd, Catalent Inc, Siegfried Holding AG, Boehringer Ingelheim, Labcorp Holdings Inc, Piramal Pharma Solutions, CordenPharma, Cambrex |
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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 small molecule innovator cdmo market will help companies and investors design strategic landscapes.
Small molecule api was the largest segment with a revenue share of 61.65% in 2023. Horizon Databook has segmented the Europe small molecule innovator cdmo market based on small molecule api, small molecule drug product covering the revenue growth of each sub-segment from 2018 to 2030.
Europe held the third-largest share of the global market in 2023. The pharmaceutical industry in the region is robust, with many companies involved in drug development, discovery, and manufacturing. It is anticipated that the increasing number of initiatives being undertaken by pharmaceutical companies will enhance the need for CDMOs.
Furthermore, the growing trend of outsourcing services to European nations is expected to support the rise in demand for small molecule innovator CDMOs. Furthermore, various factors expected to boost market growth during the forecast period include the growing prevalence of rare diseases.
Similar changes in market scenarios are anticipated at a rapid rate due to the trend of drug discovery and emerging R&D activities. Many of the leading CDMOs of the world such as Lonza, Cambrex Corporation.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe small molecule innovator cdmo market , including forecasts for subscribers. This continent databook contains high-level insights into Europe small molecule innovator cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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