North America Sterile Injectables Cdmo Market Size & Outlook
North America sterile injectables cdmo market, 2018-2030 (US$M)
North America sterile injectables cdmo market highlights
- The North America sterile injectables cdmo market generated a revenue of USD 1,613.0 million in 2023.
- The market is expected to grow at a CAGR of 9% 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.
North America data book summary
| Market revenue in 2023 | USD 1,613.0 million |
| Market revenue in 2030 | USD 2,952.2 million |
| Growth rate | 9% (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, North America region accounted for 40.9% 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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North America 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 North America sterile injectables cdmo market based on small molecule covering the revenue growth of each sub-segment from 2018 to 2030.
In 2023, North America dominated the global market due to the region’s advanced healthcare infrastructure, increasing R&D investment, technological developments, and the presence of major players.
In addition, the growing prevalence of chronic diseases and the increasing demand for biologics & biosimilars are expected to boost the demand for sterile injectable formulations.
Moreover, the rising government support is one of the key factors expected to contribute to market growth. According to the data published by NCBI in February 2024, the U.S. FDA approved around 55 new drugs in 2023, of which 17 were biologics.
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Our clientele includes a mix of sterile injectables cdmo market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America sterile injectables cdmo market , including forecasts for subscribers. This continent databook contains high-level insights into North America sterile injectables cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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