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Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report 2025: Rapid Growth and Trends Driven by Therapeutic Innovation and Outsourcing Expertise
Advanced Therapeutics Pharmaceutical Outsourcing Market
What Is The Projected Market Size Of The Global Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report 2025 And Its Growth Rate?
The Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report predicts substantial growth in the coming years:
• 2024 Market Size: $8.07 billion
• 2025 Market Size: $8.43 billion (4.5% CAGR)
• 2029 Market Size: $10.27 billion (5.1% CAGR)
The growth can be attributed to factors such as advancements in biopharmaceutical infrastructure, regulatory compliance, rising demand for novel drugs for chronic and life-threatening diseases, improved efficiency, and the growing popularity of personalized medicine. Key trends driving the forecast period include technological advancement, rising expertise in advanced therapeutics, an escalating pipeline of innovative therapies, the integration of cutting-edge technology, and rapid advancements in gene therapy, cell therapy, and mRNA technologies.
What Is Driving The Growth In The Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report 2025?
The rising adoption of cell and gene therapies is a key growth driver in the advanced therapeutics pharmaceutical outsourcing market. These innovative treatments utilize living cells or genetic materials to treat or cure diseases. Advanced therapeutics pharmaceutical outsourcing supports these therapies by providing access to providers with proven track records and experienced personnel, saving companies resources and time in building their teams. For instance, according to a report by Nature in November 2023, it's predicted that the number of new patients treated with gene therapies will increase from 16,244 in 2020 to 94,696 in 2025. This increasing adoption of cell and gene therapies is driving the growth of the advanced therapeutics pharmaceutical outsourcing market.
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Who Are the Key Players Driving Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report 2025 Growth?
The major players in the advanced therapeutics pharmaceutical outsourcing market include:
• Thermo Fisher Scientific Inc.
• Laboratory Corporation of America Holdings
• IQVIA
• ICON plc
• SGS SA
• Lonza Group
• Parexel International Corporation
• WuXi AppTec
• Syneos Health
• Catalent Inc.
• Charles River Laboratories International
• Recipharm AB
• Croda International Plc
• Samsung Biologics
• Vetter Pharma International GmbH
• Medpace Holdings Inc.
• Fujifilm Diosynth Biotechnologies
• Marken
• AGC Biologics
• Evotec SE
• ProPharma Group
• Piramal Pharma Solutions
• Corden Pharma International LLC
• Novotech Pty Ltd.
• Cryoport Systems Inc.
• Cytovance Biologics
What Are The Key Trends In The Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report 2025?
Key trends in the market include:
• Increasing technological advancement
• Rising expertise in advanced therapeutics
• Escalating pipeline of innovative therapies
• Integration of cutting-edge technology
• Rapid advancements in gene therapy, cell therapy, and mRNA technologies
What Are The Segments Of The Global Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report 2025?
The advanced therapeutics pharmaceutical outsourcing market is segmented into:
1) By Service Type: Contract Research Organizations (CROs), Contract Development And Manufacturing Organizations (CDMOs)
2) By Indication: Oncology, Neurology, Cardiology, Infectious Diseases, Other Indications
3) By Therapy: Cell Therapy, Gene Therapy, RNA-based Therapies
4) By Application: Preclinical Services, Clinical Services, Commercial Manufacturing And Packaging
Which Region Leads The Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report 2025?
North America was the largest region in the advanced therapeutics pharmaceutical outsourcing market in 2024, encompassing the major market share. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report 2025?
- Market Size Analysis: Analyze the Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report 2025 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 Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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