Europe Sterile Injectables Cdmo Market Size & Outlook
Europe sterile injectables cdmo market, 2018-2030 (US$M)
Europe sterile injectables cdmo market highlights
- The Europe sterile injectables cdmo market generated a revenue of USD 848.9 million in 2023.
- The market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, small molecule was the largest revenue generating molecule type in 2023.
- Small Molecule is the most lucrative molecule type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 848.9 million |
| Market revenue in 2030 | USD 1,661.8 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Small molecule |
| Fastest growing segment | Small Molecule |
| 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 |
| Key market players worldwide | Boehringer Ingelheim, Baxter International Inc, Vetter Pharma-Fertigung, Recipharm, Fresenius Kabi, Ajinomoto, PCI Pharma Services, IDT Biologika, Alcami, Fareva, Eurofins Scientific SE, Siegfried Holding AG |
Other key industry trends
- In terms of revenue, Europe region accounted for 21.5% of the global sterile injectables cdmo market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,079.0 million by 2030.
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Sterile Injectables CDMO Market Scope
Sterile Injectables CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe sterile injectables cdmo 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 sterile injectables cdmo market will help companies and investors design strategic landscapes.
Small molecule was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe sterile injectables cdmo market based on small molecule covering the revenue growth of each sub-segment from 2018 to 2030.
Europe has a robust pharmaceutical sector with numerous drug discoveries, development, and manufacturing companies. The growing number of pharmaceutical activities is anticipated to increase the demand for CDMOs. Moreover, the growing trend of outsourcing services to European countries is expected to contribute to the growing demand for sterile injectables CDMO.
The market is expected to be driven by the rising prevalence of chronic diseases such as cancer, autoimmune disorders & rare diseases, the presence of established pharmaceutical & biopharmaceutical companies, rising demand for biologics & biosimilars, which require specialized filling and packaging processes, and the expansion of new facilities.
Similarly, the trend of drug discovery, along with emerging R&D activities, is changing market scenarios at a rapid rate. Furthermore, significant investments are being made to enhance manufacturing capabilities within the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe sterile injectables cdmo market , including forecasts for subscribers. This continent databook contains high-level insights into Europe sterile injectables cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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