CDMO Research: at a CAGR of 10.9% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "IVD CDMO- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for IVD CDMO was estimated to be worth US$ 17685 million in 2024 and is forecast to a readjusted size of US$ 34379 million by 2031 with a CAGR of 10.3% during the forecast period 2025-2031.

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CDMO Market Summary

A CDMO is a contract development and manufacturing organization, meaning they not only handle the outsourced manufacturing of drug substances, but also all of the innovation and development work that occurs prior to manufacturing one. This includes development, production and analysis, and pharmaceutical companies no longer need to build and staff dedicated innovation and manufacturing facilities.

Services often offered by CDMO companies include formulation, analytical services, blending, coating, converting, packaging, serialization and shipment. CDMOs can start with a concept or a ready-to-go formula, with preformulation and formulation development services available, as well as clinical trials and commercial production.

The CDMO industry is propelled by several key factors, led by the pharmaceutical sector's growing reliance on outsourcing to reduce capital expenditure and optimize operational flexibility. Increasing complexity in drug development, particularly with biologics, advanced therapeutics (e.g., cell and gene therapies), and complex formulations, requires specialized expertise and infrastructure that many drug sponsors lack in-house. Stringent global regulatory requirements and the need for accelerated time-to-market further drive demand for CDMOs with robust quality systems and proven regulatory compliance capabilities. Additionally, supply chain resilience has become a critical concern, especially post-pandemic, prompting companies to partner with CDMOs for geographically diverse and secure manufacturing capacity. The continued expansion of patented and generic drugs, especially in emerging markets, also sustains growth in outsourcing.

Major trends include the rapid adoption of advanced manufacturing technologies, such as continuous manufacturing and single-use bioreactors, enhancing efficiency and scalability. There is also a significant shift toward specialized capabilities in areas like mRNA, viral vectors, and sterile fill-finish, driven by demand for precision medicines and vaccines. Digitalization and data integration are becoming critical, with AI and IoT improving process control and supply chain transparency. Another notable trend is the move toward strategic, long-term partnerships rather than transactional relationships, as sponsors seek end-to-end support from development to commercial supply. Furthermore, consolidation through M&A continues to reshape the landscape, with larger CDMOs acquiring niche players to expand service offerings and global footprint. Sustainability and green chemistry are increasingly influencing client preferences and operational priorities across the sector.

Figure00002. China CDMO Market Size (US$ Million), 2024 vs 2031



Above data is based on report from QYResearch: China CDMO Market Report 2025-2031 (published in 2025). If you need the latest data, plaese contact QYResearch.



According to the new market research report "China CDMO Market Report 2025-2031", published by QYResearch, China CDMO market size is projected to reach USD 9.97 billion by 2031, at a CAGR of 10.9% during the forecast period.

Figure00003. China CDMO Top 15 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)



Above data is based on report from QYResearch: China CDMO Market Report 2025-2031 (published in 2025). If you need the latest data, plaese contact QYResearch.



According to QYResearch Top Players Research Center, China key manufacturers of CDMO include WuXi AppTec, Wuxi Biologics (Cayman), Asymchem Laboratories, Fujifilm, Shanghai Haoyuan Chemexpress, etc. In 2024, China top five players had a share approximately 29.0% in terms of revenue.

Figure00004. CDMO, China Market Size, Split by Product Segment



Based on or includes research from QYResearch: China CDMO Market Report 2025-2031.



In terms of product type, currently Commercial Phase 3 is the largest segment, hold a share of 52.32%.



In terms of product application, currently Biological Drugs is the largest segment, hold a share of 50.15%.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The IVD CDMO market is segmented as below:
By Company
Hitachi
Canon
TE Connectivity
JEOL
HU Group
DCN DX
Stevanato
Argonaut
Erreka
GBC
Phillips Medisize
AIVD Biotech
Kaishi Biological Technology
Keysmile Biological Technology
Nabai Medical Technology
Hochuen Medical

Segment by Type
Molecular Diagnosis
Immunodiagnosis
Biochemical Diagnosis
Other

Segment by Application
Instruments
Consumables

Each chapter of the report provides detailed information for readers to further understand the IVD CDMO market:

Chapter 1: Introduces the report scope of the IVD CDMO report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of IVD CDMO manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various IVD CDMO market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of IVD CDMO in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of IVD CDMO in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth IVD CDMO competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides IVD CDMO comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides IVD CDMO market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:
Global IVD CDMO Market Outlook, In‐Depth Analysis & Forecast to 2031
Global IVD CDMO Market Research Report 2025
Global IVD CDMO Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global IVD Consumables CDMO Market Research Report 2025
Global IVD Consumables CDMO Market Outlook, In‐Depth Analysis & Forecast to 2031
Global IVD Consumables CDMO Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
IVD Consumables CDMO - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global IVD Instruments CDMO Market Research Report 2025
Global IVD Instruments CDMO Market Outlook, In‐Depth Analysis & Forecast to 2031
IVD Instruments CDMO - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global IVD Instruments CDMO Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

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