Dublin, June 20, 2025 (GLOBE NEWSWIRE) -- The "Pharmaceutical Contract Manufacturing and Research Services Market Size, Share & Trends Analysis Report by Service (Manufacturing, Research), Region (North America, Europe, Asia-Pacific, Latin America) with Growth Forecasts, 2025-2030" report has been added to ResearchAndMarkets.com's offering.
The Pharmaceutical Contract Manufacturing and Research Services Market was valued at USD 263.37 billion in 2024, and is projected to reach USD 395.23 billion by 2030, rising at a CAGR of 6.90%.
Pharmaceutical companies are increasingly leveraging CMOs and CDMOs to avoid substantial capital investments in infrastructure and navigate complex regulatory landscapes. This strategic move allows them to concentrate resources on core competencies like drug discovery and commercialization. The economies of scale achieved by specialized contract organizations further contribute to reduced production costs.
The escalating complexity of drug development, particularly in biologics, biosimilars, HPAPIs, and personalized medicine, necessitates the advanced capabilities and expertise readily available within contract service providers. These organizations often possess cutting-edge technologies such as continuous manufacturing and sophisticated handling systems, which prove vital for efficient and compliant production.
Global health trends, including the rising prevalence of chronic diseases and the demand for affordable generics and biosimilars following patent expirations, are also key growth drivers. The stringent and evolving regulatory environment, coupled with the imperative for faster market entry, incentivizes pharmaceutical companies to utilize the established expertise of CMOs and CDMOs. The strategic geographic shifts towards cost-competitive regions like Asia-Pacific and the emergence of integrated CRO-CDMO models offering comprehensive solutions underscore the dynamic growth of this market.
Pharmaceutical Contract Manufacturing And Research Services Market Report Highlights
- Based on service, pharmaceutical contract manufacturing services dominated the market with over 60.0% of the total revenue share in 2024, driven by the need for scale and cost efficiency in producing generics, biosimilars, and vaccines.
- Contract manufacturers offer essential capacity, flexibility, and regulatory support, facilitating growth in regions like Asia-Pacific.
- Pharmaceutical contract research services are projected to witness the fastest CAGR of 7% over the forecast period.
- Increasing R&D in complex areas and the demand for CROs' specialized expertise offer cost and time savings in global trials through advanced technologies and navigating regulatory complexities.
- The Asia-Pacific pharmaceutical contract manufacturing and research services market dominated the global market with a revenue share of more than 40.0% in 2024, supported by increased outsourcing in developing economies like Singapore, China, and India, which have expanding manufacturing capabilities and significant CMO investments.
- In November 2024, Lonza (Switzerland) announced a significant expansion of its bioconjugation capabilities in Visp. This investment includes adding two 1,200L manufacturing suites to meet increasing market demand.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listings for you to stay ahead of the curve
Companies Featured
The major companies featured in this Pharmaceutical Contract Manufacturing and Research Services market report include:
- Catalent, Inc (Novo Holdings A/S)
- PPD (Thermo Fisher Scientific Inc.)
- AbbVie Inc.
- Advent International, L.P.
- Grifols
- Dalton Pharma Services
- Boehringer Ingelheim International GmbH
- Lonza
Key Attributes:
Report Attribute | Details |
No. of Pages | 100 |
Forecast Period | 2024 - 2030 |
Estimated Market Value (USD) in 2024 | $263.37 Billion |
Forecasted Market Value (USD) by 2030 | $395.23 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Pharmaceutical Contract Manufacturing And Research Services Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.3. Pharmaceutical Contract Manufacturing And Research Services Market Analysis Tools
3.3.1. Industry Analysis - Porter's
3.3.2. PESTEL Analysis
Chapter 4. Pharmaceutical Contract Manufacturing And Research Services Market: Service Estimates & Trend Analysis
4.1. Service Segment Dashboard
4.2. Pharmaceutical Contract Manufacturing And Research Services Market: Service Movement Analysis
4.3. Global Pharmaceutical Contract Manufacturing And Research Services Market Size & Trend Analysis, by Service, 2018 to 2030 (USD Million)
4.4. Manufacturing
4.4.2. API/Bulk Drugs
4.4.3. Advanced Drug Delivery Formulations
4.4.4. Packaging
4.4.5. Finished Dose Formulations
4.4.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.5.2. Solid
4.4.5.3. Liquid
4.4.5.4. Semi-solid Formulations
4.5. Research
4.5.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.5.2. Oncology
4.5.3. Vaccines
4.5.4. Inflammation & Immunology
4.5.5. Cardiology
4.5.6. Neuroscience
4.5.7. Others
Chapter 5. Pharmaceutical Contract Manufacturing And Research Services Market: Regional Estimates & Trend Analysis
5.1. Regional Market Dashboard
5.2. Regional Market Share Analysis, 2024 & 2030
5.3. Pharmaceutical contract manufacturing and research services market by Region: Key Takeaways
Chapter 6. Competitive Landscape
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Company/Competition Categorization
6.3. Vendor Landscape
6.4. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/5h9wr0
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