Press release
Rapid Growth Discoveries in the Biopharmaceutical CMO Market amid Increasing Demand and Notable Trends
Rapid Growth Discoveries in the Biopharmaceutical CMO Market Size
Unlocking Multifaceted Insights on the Impressive Expansion of the Global Biopharmaceutical CMO Market
What Is The Projected Market Size Of The Global Biopharmaceutical CMO Market And Its Growth Rate?
• The biopharmaceutical CMO market has grown rapidly in recent years, expanding from $24.81 billion in 2024 to $28.09 billion in 2025, reflecting a compound annual growth rate (CAGR) of 13.2%.
• The growth in the historical period can be attributed to increasing demand for biopharmaceuticals, globalization, rise in healthcare expenditure, regulatory support, and increased research funding.
• The biopharmaceutical CMO market size is expected to see rapid growth in the next few years, growing to $48.04 billion in 2029 at a compound annual growth rate (CAGR) of 14.4%.
• The growth can be attributed to rise in telehealth and remote trials, global health initiatives, rise in disposable income, and global health initiatives.
What Is Driving The Growth In The Biopharmaceutical CMO Market?
The growth of the biopharmaceutical CMO market is largely propelled by an increase in the geriatric population. Aging individuals are more susceptible to serious conditions such as heart attack, stroke, coronary heart disease, and heart failure, thus underpinning demand for biopharmaceutical therapies that target age-related diseases. The growth in the geriatric population, driven by advances in healthcare, declining birth rates, and the aging of the baby boomer generation, is augmenting demand for specialized manufacturing capabilities for complex biologics and personalized medicines, offered by biopharmaceutical CMOs. For example, the Population Reference Bureau reported that the number of Americans aged 65 and older is expected to rise from 58 million in 2022 to 82 million by 2050.
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Who Are the Key Players Driving Biopharmaceutical CMO Market Growth?
• Lonza Group AG
• Fujifilm Diosynth Biotechnologies USA Inc.
• Thermo Fisher Scientific Inc.
• Samsung Biologics
• WuXi AppTec
• Catalent, Inc.
• Rentschler Biopharma SE
• Boehringer Ingelheim
• Recipharm AB
• Other notable players
What Are The Key Trends In The Biopharmaceutical CMO Market?
• Dominance of advanced therapies
• Digitalization and industry 4.0
• Continuous manufacturing
• Sustainability and green practices
What Are The Segments Of The Global Biopharmaceutical CMO Market?
• By Product: Biologics, Biosimilars
• By Source: Mammalian, Non-Mammalian
• By Service: Manufacturing, Fill And Finish Operations, Analytical And QC Studies, Packaging
Which Region Leads The Biopharmaceutical CMO Market?
North America was the largest region in the biopharmaceutical CMO market in 2024, while Asia-Pacific is expected to witness the fastest growth in the forecast period. The biopharmaceutical CMO industry spreads across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Biopharmaceutical CMO Market Global Market Report?
- Market Size Analysis: Analyze the Biopharmaceutical CMO Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Biopharmaceutical CMO Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Biopharmaceutical CMO Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Biopharmaceutical CMO Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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