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Global Topical Drugs Contract Development And Manufacturing Organization (CDMO) Market Outlook 2025-2034: Trends, Innovations, And Future Outlook

06-02-2025 08:54 AM CET | Health & Medicine

Press release from: The Business Research Company

Topical Drugs Contract Development And Manufacturing Organization (CDMO)

Topical Drugs Contract Development And Manufacturing Organization (CDMO)

The Topical Drugs Contract Development And Manufacturing Organization (CDMO) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Topical Drugs Contract Development And Manufacturing Organization (CDMO) Market Size and Projected Growth Rate?
The topical drugs contract development and manufacturing organization (CDMO) market has grown rapidly in recent years. It will increase from $52.9 billion in 2024 to $61.69 billion in 2025, with a CAGR of 16.6%. The growth is driven by the prevalence of chronic diseases, advanced drug delivery technologies, cost-efficient outsourcing, regulatory requirements, and growth in dermatology and cosmetics.

The topical drugs contract development and manufacturing organization (CDMO) market is expected to grow rapidly, reaching $113.06 billion by 2029 at a CAGR of 16.4%. This growth is driven by personalized medicine, the expansion of biologics, increased R&D investments, the rising prevalence of skin disorders, and advances in manufacturing technologies. Trends include demand for innovative formulations, advancements in drug delivery, increased dermatological research investment, outsourcing by pharmaceutical companies, and a focus on OTC skincare products.

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What Are the Major Segments in the Topical Drugs Contract Development And Manufacturing Organization (CDMO) Market?
The topical drugs contract development and manufacturing organization (CDMO) market covered in this report is segmented -

1) By Product Type: Semi-Solid Formulations, Liquid Formulations Drugs, Solid Formulations, Transdermal Products
2) By Service Type: Contract Development, Contract Manufacturing
3) By Therapeutic Area: Dermatology, Pain Management, Wound Care, Ophthalmology, Other Therapeutic Areas
4) By End-Use: Pharmaceutical Companies, Biopharmaceutical Companies, Other End-Uses

Subsegments:
1) By Semi-Solid Formulations: Creams, Ointments, Gels, Pastes
2) By Liquid Formulations Drugs: Solutions, Suspensions, Emulsions, Lotions
3) By Solid Formulations: Powders, Tablets
4) By Transdermal Products: Patches

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What Are The Driving Topical Drugs Contract Development And Manufacturing Organization (CDMO) Market Evolution?
The increasing prevalence of skin diseases is expected to drive the growth of the topical drugs contract development and manufacturing organization (CDMO) market. Skin diseases, such as inflammation and infections, are becoming more common due to pollution, UV exposure, and lifestyle factors. CDMOs support the development of targeted therapies for dermatological conditions. According to Cancer Australia, skin melanoma cases in the country increased significantly from 2019 to 2023, underlining the growing need for specialized treatment and boosting the demand for CDMOs in the dermatology field.

Which Firms Dominate The Topical Drugs Contract Development And Manufacturing Organization (CDMO) Market Segments?
Major companies operating in the topical drugs contract development and manufacturing organization (CDMO) market are Evonik Industries AG, Eurofins Scientific SE, SGS SA, The Lubrizol Corporation, Lonza Group AG, Catalent Inc., Bora Pharmaceuticals Co. Ltd., Recipharm AB, Pierre Fabre S.A., Piramal Pharma Solutions, Cambrex Corporation, LTS Lohmann Therapie-Systeme AG, PCI Pharma Services, Famar S.A., Contract Pharmaceuticals Limited, UPM Pharmaceuticals Inc., CoreRx Inc., Halo Pharmaceutical Inc., Tapemark Company, Groupe PARIMA Inc., MedPharm Ltd., Tergus Pharma LLC, Dow Development Laboratories LLC, NextPharma Technologies Holding Limited, Tedor Pharma Inc.

What Trends Are Expected to Dominate the Topical Drugs Contract Development And Manufacturing Organization (CDMO) Market in the Next 5 Years?
Companies in the topical drugs contract development and manufacturing organization (CDMO) market are investing in cutting-edge manufacturing facilities. These facilities are equipped with the latest technologies to produce topical pharmaceutical products. For example, in November 2023, SOHM Inc. launched a new CDMO GMP manufacturing facility in Carlsbad, designed to handle a wide range of topical products with an initial capacity of 500 gallons per day, expected to expand to include soft-gel suppositories by early 2024.

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Which Is The Largest Region In The Topical Drugs Contract Development And Manufacturing Organization (CDMO) Market?
Asia-Pacific was the largest region in the topical drugs contract development and manufacturing organization (CDMO) market in 2023. The regions covered in the topical drugs contract development and manufacturing organization (CDMO) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Topical Drugs Contract Development And Manufacturing Organization (CDMO) Market?
2. What is the CAGR expected in the Topical Drugs Contract Development And Manufacturing Organization (CDMO) Market?
3. What Are the Key Innovations Transforming the Topical Drugs Contract Development And Manufacturing Organization (CDMO) Industry?
4. Which Region Is Leading the Topical Drugs Contract Development And Manufacturing Organization (CDMO) Market?

Why This Report Matters:

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Efficient Research: Quickly identify market growth, leading players, and major segments.

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