According to Publisher’s latest study, the global Pharmaceutical CDMO market size was valued at US$ 125480 million in 2023. With the growing demand in the downstream market, the Pharmaceutical CDMO is forecast to a readjusted size of US$ 214600 million by 2030 with a CAGR of 8.0% during the review period.
The research report highlights the growth potential of the global Pharmaceutical CDMO market. Pharmaceutical CDMOs are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Pharmaceutical CDMO. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Pharmaceutical CDMO market.
A CDMO is a company dedicated to providing drug development and manufacturing services for the pharmaceutical and biotechnology industries. CDMO activities can broadly be divided into four fields: product development, manufacture of active pharmaceutical ingredients (API), manufacture of finished dosage forms (FDF) and pharma packaging.
Contract Pharmaceutical Manufacturing is part of CDMO, which refers to accepting commissions from pharmaceutical companies and providing the service about API production, FDF production, and packaging.
Pharmaceutical companies are likely to outsource a wide range of manufacturing-related activities including – primary and secondary packaging, formulation, active ingredient manufacturing, labelling, clinical supplies, sterilization, manufacturing of chemical intermediates, etc. CDMOs support pharmaceutical companies at all stages of the process of making medicines: by providing services in the research and development stages, by offering support in manufacturing, and by providing formulating and finishing processes.
The key service providers of the Pharmaceutical CDMO in the world are Lonza, Catalent, Thermo Fisher Scientific, Samsung Biologics, Fareva, WuXi AppTech, WuXi Biologics and Siegfried, among which the market share of the top three service providers exceeds 10%, and Lonza is the largest service provider. The services provided by global pharmaceutical CDMO are mainly distributed in North America, Europe and China, among which the top three regions account for nearly 60% of the market share, and North America is currently the largest service provider. In terms of its service type, the growth rate of FDF CDMO is relatively fast. At present, the market share of API CDMO is the highest, more than 40%, followed by FDF CDMO, packaging CDMO and clinical CDMO. In terms of its application, pharmaceutical companies are the largest application field, with a market share of more than 60%, followed by biotechnology companies.
Key Features:
The report on the Pharmaceutical CDMO market reflects various aspects and provides valuable insights into the industry.
Market Size and Growth: The research report provides an overview of the current size and growth of the Pharmaceutical CDMO market. It may include historical data, market segmentation by Type (e.g., API CDMO, FDF CDMO), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Pharmaceutical CDMO market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. The pharmaceutical industry's technological developments and medication development and production are handled by the contract development and manufacturing organization. People will require more sophisticated and efficient treatments to heal faster and more effectively as the prevalence of chronic illnesses rises in the community. The market is being driven by the rise in chronic illnesses like cancer. Over the decades, cancer has been the leading cause of mortality. The pharmaceutical, contract development, and manufacturing organization markets will be driven by the growing need for therapeutic advancement and the expanding demand for cancer therapy. In addition, the market for manufacturing organizations and contract development will benefit from the rise in both tailored and generic medications. Healthcare industry technological advancements completed medicine development. The pharmaceutical CDMO market is expected to grow at a faster rate due to factors such as increased research and development spending, more cooperation among the pharmaceutical sectors, and an increase in the elderly population.
It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs. The pharmaceutical sector would receive a smaller profit share because of the outsourcing firm's involvement in the development of medical technology and pharmaceutical medication production. The amount of money invested by the pharmaceutical sector will depend on a variety of elements, including labour force, quantity of purchased orders, and raw supplies. Compared to internal manufacturing, there is a problem with visibility into the manufacturing process in outsourcing production, such as Pharmaceutical CDMO. The pharmaceutical sector would be held accountable for any manufacturing or production flaws carried out by Pharmaceutical CDMO, and the company would suffer a loss to its reputation.
Competitive Landscape: The research report provides an analysis of the competitive landscape within the Pharmaceutical CDMO market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Pharmaceutical CDMO industry. This includes advancements in Pharmaceutical CDMO technology, Pharmaceutical CDMO new entrants, Pharmaceutical CDMO new investments, and other innovations that are shaping the future of Pharmaceutical CDMO.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Pharmaceutical CDMO market. It includes factors influencing customers' purchasing decisions, and preferences for Pharmaceutical CDMO products.
Government Policies and Incentives: The research report analyses the impact of government policies and incentives on the Pharmaceutical CDMO market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting the Pharmaceutical CDMO market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assesses the environmental impact and sustainability aspects of the Pharmaceutical CDMO market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provides market forecasts and outlook for the Pharmaceutical CDMO industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: Innovative operational technologies are carried out by pharmaceutical contract development and manufacturing organizations, or CDMOs. Future expansion prospects in the contract development and manufacturing organization market will be brought about by the rise in the need for generic and precision pharmaceuticals. Throughout the forecast period, technological developments like the implementation of artificial intelligence, blockchain, cloud computing, and machine learning are anticipated to present profitable prospects for market expansion.
The report concludes with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Pharmaceutical CDMO market.
Recent developments- A new sterile injectables CDMO called NovaCina was introduced in April 2023 by The Bridgewest Group, a multinational private investment firm that works with life science software and contract development and manufacturing organizations. The product is developed by NovaCina into a fully functional commercial product.
In January 2023, Vector Biomed secured $15 million in funding to launch as a business providing CDMO services. The startup wants to close the gap in the supply of gene and cell therapy producers with the money it has raised.
Medipost announced in October 2022 the opening of a new CDMO business to provide products for gene and cell therapy in the Korean market. By introducing these services, Medipost hopes to become a one-stop shop for the creation of medicines and biopharmaceuticals.
Market Segmentation:
The pharmaceutical CDMO market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
1. Segmentation by type
• API CDMO
• FDF CDMO
• Packaging CDMO
• Clinical CDMO
2. Segmentation by application
• Pharmaceutical Company
• Biotechnology Company
• Other
This report also splits the market by region: Asia-Pacific is likely to increase at a high rate over the projection period, and it currently holds the largest market share for manufacturing firms' contract development. The rising population in nations like China and India is blamed for the expansion of the pharmaceutical CDMO business in the area. This region's growing population means there is a greater need for cutting-edge, dependable medical facilities. The Asia-Pacific region's contract development and manufacturing organization market is growing as a result of favourable government laws, cheaper labour costs, and declining manufacturing industry costs. The Asia-Pacific region's dominance in the pharmaceutical CDMO market will be sustained by the rising demand for customized and generic medications in these areas.
The greatest market for pharmaceutical CDMO services is also found in America. The growth of the pharmaceutical industries' manufacturing facilities is anticipated to provide a boost to the area. This region's growing senior population would increase demand for these services from the healthcare sector. The pharmaceutical industry's increasing technical innovation will fuel the growth of the contract development and manufacturing organization markets. Furthermore, the expansion of the American healthcare market is supported by a well-established healthcare infrastructure and supportive government policies aimed at enhancing healthcare services. Throughout the projection period, Europe's pharmaceutical CDMO market is anticipated to rise noticeably. France, the United Kingdom, and Germany are anticipated to contribute the most to the expansion of the European market. With increased investment in the pharmaceutical industry for improved healthcare, the region is anticipated to develop.
3. Americas
• United States
• Canada
• Mexico
• Brazil
4. APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
5. Europe
• Germany
• France
• UK
• Italy
• Russia
6. Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
• Lonza
• Catalent
• Thermo Fisher Scientific
• Samsung Biologics
• Fareva
• WuXi AppTech
• WuXi Biologics
• Siegfried
• FUJIFILM Diosynth Biotechnologies
• Asymchem
• Pfizer CentreOne
• Delpharm
• Recipharm
• AGC Pharma Chemicals
• Boehringer Ingelheim
• Vetter
• Curia
• Aenova
• Porton
• Piramal
• Strides Pharma
• NextPharma
• Famar
• Jubilant
• Alcami
• Euroapi
• Eurofins
• Avid Bioservices
• BioVectra
• CPL
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