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Leading Growth Driver in the Advanced Therapeutics Pharmaceutical Outsourcing Market in 2025: Impact Of Cell and Gene Therapies On The Advanced Therapeutics Pharmaceutical Outsourcing Market Driver's Influence
Which drivers are expected to have the greatest impact on the over the advanced therapeutics pharmaceutical outsourcing market's growth?The growth of the advanced therapeutics pharmaceutical outsourcing market is predicted to be fueled by the escalating usage of cell and gene therapies. These transformative treatments rely on live cells or genetic material to remedy or entirely eliminate diseases. Outsourcing in advanced therapeutics pharmaceuticals is employed in cell and gene therapies to allow for partnering with established and expert providers, thus relieving companies from the burden of team building and resource allocation. According to a November 2023 citation from Nature, a UK-based science periodical, there will be a jump in the number of new patients treated with gene therapies, from 16,244 in 2020 to 94,696 in 2025. Consequently, the burgeoning utilization of cell and gene therapies is bolstering the expansion of the advanced therapeutics pharmaceutical outsourcing market.
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What is the future CAGR of the advanced therapeutics pharmaceutical outsourcing market, and how will it impact industry expansion?
The size of the advanced therapeutics pharmaceutical outsourcing market has been experiencing consistent growth in the past few years. The market is projected to expand from $8.07 billion in 2024 to $8.43 billion in 2025, showing a Compound Annual Growth Rate (CAGR) of 4.5%. Factors driving growth during the historic period include enhanced biopharmaceutical infrastructure, regulatory adherence, rising demand for innovative medications to address chronic and severe illnesses, improved effectiveness, and an escalation in the demand for custom-made medicine.
Expectations are that the advanced therapeutics pharmaceutical outsourcing market will experience significant expansion in the coming years. With a compound annual growth rate (CAGR) of 5.1%, the market value is set to reach $10.27 billion by 2029. This forecasted growth can be credited to the increased implementation of cell and gene therapies, a growing concentration on mRNA therapies, enhanced demand for advanced treatments, the efficiency and cost-effectiveness provided by outsourcing, and cooperative innovation. Notable trends for the forecast period include technological progression, increased specialization in advanced therapeutics, a growing influx of new, innovative therapies, heightened integration of cutting-edge technology, and considerable progress in gene therapy, cell therapy, and mRNA technologies.
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What are the most significant trends transforming the advanced therapeutics pharmaceutical outsourcing market today?
Prominent firms in the advanced therapeutics pharmaceutical outsourcing market are prioritising strategic alliances to deliver trustworthy services to their clients. A strategic partnership is a cooperative agreement between two or more entities, typically firms, designed to accomplish joint benefits that cannot be independently achieved. For instance, in January 2023, Lonza, a manufacturing company for the pharmaceutical, biotech and nutrition industries based in Switzerland, formed a partnership with Context Therapeutics Inc., a U.S. biopharmaceutical firm that develops medicines for solid tumors. The collaboration entails Lonza offering services like manufacturability assessment, gene and cell line construction, and the development of processes for drug substances and drug products.
Which key market segments comprise the advanced therapeutics pharmaceutical outsourcing market and drive its revenue growth?
The advanced therapeutics pharmaceutical outsourcing market covered in this report is segmented -
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
Subsegments:
1) By Contract Research Organizations (CROs): Preclinical Research Services, Clinical Trial Management Services, Regulatory Affairs Services, Data Management And Biostatistics
2) By Contract Development And Manufacturing Organizations (CDMOs): Drug Development Services, Formulation Development, Analytical Testing Services, Commercial Manufacturing Services
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What regions are at the forefront of advanced therapeutics pharmaceutical outsourcing market expansion?
North America was the largest region in the advanced therapeutics pharmaceutical outsourcing market in 2024. The regions covered in the advanced therapeutics pharmaceutical outsourcing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the advanced therapeutics pharmaceutical outsourcing market?
Major companies operating in the advanced therapeutics pharmaceutical outsourcing market report are 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
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What Is Covered In The Advanced Therapeutics Pharmaceutical Outsourcing Global Market Report?
• Market Size Forecast: Examine the advanced therapeutics pharmaceutical outsourcing market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the advanced therapeutics pharmaceutical outsourcing market for a structured understanding.
• Key Players Overview: Analyze major players in the advanced therapeutics pharmaceutical outsourcing market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the advanced therapeutics pharmaceutical outsourcing market.
• Segment Contributions: Evaluate how different segments drive overall growth in the advanced therapeutics pharmaceutical outsourcing market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the advanced therapeutics pharmaceutical outsourcing market.
• Industry Challenges: Identify potential risks and obstacles affecting the advanced therapeutics pharmaceutical outsourcing market.
• Competitive Landscape: Review strategic developments in the advanced therapeutics pharmaceutical outsourcing market, including expansions, agreements, and new product launches.
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