Market revenue in 2023 | USD 1,974.9 million |
Market revenue in 2030 | USD 2,661.8 million |
Growth rate | 4.4% (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 61.68% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
The MEA accounted for a significant revenue share in the global small molecule innovator CDMO market in 2023. The region's growth can be attributed to the increasing prevalence of chronic illnesses and the intricate treatment approaches.
In addition, it is anticipated that the MEA small molecule innovator CDMO market will be driven in the next 10 years by government initiatives, modifications to API production regulations, and shifts in geopolitical developments.
The region's growing biopharmaceutical awareness is another important factor that is anticipated to have a positive impact on market growth during the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa small molecule innovator cdmo market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa small molecule innovator cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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