Press release
Global CDMO Market to reach USD 233.71 billion in 2024 at a CAGR of 7.25% by 2032, Evaluates DelveInsight
DelveInsight's "Contract Development Manufacturing Organization Market Insights, Competitive Landscape and Market Forecast-2032" report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers. The report also covers the major emerging products and key Contract Development Manufacturing Organization companies actively working in the market.
To know more about why North America is leading the market growth in the Contract Development Manufacturing Organization market, get a snapshot of the report Contract Development Manufacturing Organization Market Trends
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Contract Development Manufacturing Organization Overview
A CDMO (Contract Development and Manufacturing Organization) is a company that provides comprehensive services to pharmaceutical and biotechnology firms, covering everything from drug development and formulation to commercial-scale manufacturing.
CDMOs help streamline the drug development process by offering expertise, advanced facilities, and regulatory compliance, allowing pharma companies to reduce costs, save time, and focus on core activities like research and marketing. They play a vital role in bringing new drugs, biologics, and therapies to market efficiently and safely.
DelveInsight Analysis: The global CDMO market size was estimated at USD 233.71 billion in 2024 and is projected to expand at a CAGR of 7.25% between 2025 and 2032, reaching approximately USD 407.09 billion by 2032.
Contract Development Manufacturing Organization Market Insights
Geographically, North America is expected to hold the largest share of the CDMO market in 2024. This leadership is driven by several factors, including the rising prevalence of chronic diseases such as cancer and tuberculosis. Additionally, the benefits offered by CDMOs-such as streamlining drug development and manufacturing processes-are encouraging pharmaceutical and biotechnology companies to outsource these services to reduce costs, enhance efficiency, and accelerate time-to-market, further supporting market growth throughout the forecast period from 2025 to 2032.
To read more about the latest highlights related to Contract Development Manufacturing Organization, get a snapshot of the key highlights entailed in the Contract Development Manufacturing Organization
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Recent Developments in the Contract Development Manufacturing Organization Market Report
• In May 2025, Lupin Manufacturing Solutions (LMS) announced a strategic realignment of its core assets and long-term vision to leverage emerging opportunities in the CDMO sector. By investing in innovative therapeutic platforms and utilizing India's strong API ecosystem, LMS aims to strengthen its capabilities and drive sustainable growth in the global contract development and manufacturing market.
• In May 2025, VGXI, Inc., a CDMO focused on plasmid DNA for gene therapies and vaccines, successfully passed a US FDA inspection at its GMP facility, resulting in the approval of a client's Biologics License Application (BLA). This achievement underscores VGXI's dedication to quality and regulatory compliance.
• In May 2025, Tivic Health® Systems, Inc. announced a definitive agreement with Scorpius BioManufacturing to carry out GMP manufacturing validation of EntolimodTM, its lead TLR5 candidate for Acute Radiation Syndrome (ARS), in preparation for an FDA BLA submission.
• In March 2025, Ayrmid Pharma Ltd. and RoslinCT revealed plans to establish a strategic partnership for the manufacturing of Omisirge, a cell therapy for treating hematologic malignancies, which is commercialized in the U.S. by Ayrmid's subsidiary, Gamida Cell Inc.
• In February 2022, China-based CDMO Asymchem Inc. intends to acquire Snapdragon Chemistry, a U.S.-based firm specializing in continuous manufacturing and early-stage chemical process development, for a total of USD 57.94 million. The deal is aimed at expanding the Chinese CDMO's presence and operations in the U.S. market.
• In February 2022, MilliporeSigma, the Life Science business of Merck KGaA in the U.S. and Canada, completed the acquisition of Exelead for around USD 780 million in cash. This acquisition is expected to strengthen the Life Sciences division's capabilities, positioning it as a leading CDMO within the mRNA value chain.
• Thus, owing to such developments in the market, rapid growth will be observed in the Contract Development Manufacturing Organization market during the forecast period
Key Players in the Contract Development Manufacturing Organization Market
Some of the key market players operating in the Contract Development Manufacturing Organization market include- Thermo Fisher Scientific Inc., Catalent Inc., The Lubrizol Corporation, Recipharm (EQT), Cambrex Corporation, Merck & Co. Inc., AGC Biologics, Nerpharma S.r.l, Pfizer Inc, EMERGENT, Onyx Scientific Limited, Lonza, Siegfried Holding AG, CordenPharma International, FUJIFILM Diosynth Biotechnologies, Samsung Biologics, Delpharm, Center for Breakthrough Medicines, WuXi Biologics, Laboratoire Elaiapharm, and others.
Which MedTech key players in the Contract Development Manufacturing Organization market are set to emerge as the trendsetter explore @ Key Contract Development Manufacturing Organization Companies
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Analysis on the Contract Development Manufacturing Organization Market Landscape
Moreover, the growing demand for biologics and small-molecule drugs is driving significant growth in the CDMO market, as pharmaceutical and biotechnology companies increasingly rely on specialized partners to handle these complex, resource-intensive processes. Biologics-including monoclonal antibodies, vaccines, and recombinant proteins-represent some of the fastest-growing segments in the industry. Their development and manufacturing require advanced infrastructure, strict quality controls, and sophisticated technologies such as cell culture, fermentation, and purification.
Collectively, these factors are expected to support the expansion of the global CDMO market throughout the forecast period from 2025 to 2032.
Scope of the Contract Development Manufacturing Organization Market Report
• Coverage: Global
• Study Period: 2022-2032
• Contract Development Manufacturing Organization Market Segmentation By Drug Type: Small Molecules and Biologics
• Contract Development Manufacturing Organization Market Segmentation By Service Type: API and Finished Drug Products), Forms (Solids and Liquids), Manufacturing, (Clinical Manufacturing and Commercial Manufacturing
• Contract Development Manufacturing Organization Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World
• Key Contract Development Manufacturing Organization Companies: Thermo Fisher Scientific Inc., Catalent Inc., The Lubrizol Corporation, Recipharm (EQT), Cambrex Corporation, Merck & Co. Inc., AGC Biologics, Nerpharma S.r.l, Pfizer Inc, EMERGENT, Onyx Scientific Limited, Lonza, Siegfried Holding AG, CordenPharma International, FUJIFILM Diosynth Biotechnologies, Samsung Biologics, Delpharm, Center for Breakthrough Medicines, WuXi Biologics, Laboratoire Elaiapharm, and others
• Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View
Interested in knowing how the Contract Development Manufacturing Organization market will grow by 2032? Click to get a snapshot of the Contract Development Manufacturing Organization Market Analysis
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Contact Us
Gaurav Bora
info@delveinsight.com
+14699457679
www.delveinsight.com
About DelveInsight
DelveInsight is a leading Business Consultant and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing end-to-end comprehensive solutions to improve their performance.
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