November 22, 2024

Pharmaceutical Contract Manufacturing and Research Services Market Size to Grow US$ 403 Billion By 2030

The global pharmaceutical contract manufacturing and research services market size was valued at US$ 206  billion in 2021 and is anticipated to grow US$ 403  billion by 2030, registering a CAGR of 7.74% from 2022 to 2030.

Pharmaceutical Contract Manufacturing and Research Services Market Size 2022 To 2030

Key Takeaways:

  • By service, the manufacturing segment has accounted highest market share of around 66% in 2021.
  • The finished dose formulations segment is growing at a CAGR of 7.8% from 2022 to 2030.
  • By manufacturing, the API/bulk drugs segment has contributed 61% market share in 2021.
  • By research service, the oncology has generated 26% revenue share in 2021.
  • Asia Pacific region has made up a market share of around 42% in 2021.

The pharmaceutical contract manufacturing and research services market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the pharmaceutical contract manufacturing and research services market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the pharmaceutical contract manufacturing and research services report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the pharmaceutical contract manufacturing and research services market have been studied and analysed across many developments.

Report Scope of the Pharmaceutical Contract Manufacturing and Research Services Market

Report Coverage Details
Market Size in 2022 USD 221.95 Billion
Market Size by 2030 USD 403 Billion
Growth Rate from 2022 to 2030 CAGR of 7.74%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Service, End-User, and Geography

Research Approach

The comprehensive report on the global pharmaceutical contract manufacturing and research services market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global pharmaceutical contract manufacturing and research services market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players

  • Thermo Fisher Scientific Inc.
  • Recipharm AB
  • Piramal Pharma Solutions
  • Jubilant Pharmova Limited
  • Curia Global, Inc.
  • Cambrex Corporation
  • CordenPharma International
  • Samsung Biologics
  • FAMAR Health Care Services
  • WuXiAppTec

Market Segmentations

By Service

  • Manufacturing
    • API/Bulk Drugs
    • Advanced Drug Delivery Formulations Packaging
    • Packaging
    • Finished Dose Formulations
      • Solid Formulations
      • Liquid Formulations
      • Semi-solid Formulations
  • Research
    • Oncology
    • Vaccines
    • Inflammation & Immunology
    • Cardiology
    • Neuroscience
    • Others

By End-User

  • Big Pharma
  • Small Pharma
  • Generic Pharma
  • Contract Research Organizations

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Why should you invest in this report?

If you are aiming to enter the global pharmaceutical contract manufacturing and research services market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for pharmaceutical contract manufacturing and research services are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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