Europe Pharmaceutical Contract Manufacturing And Research Services Market
The pharmaceutical contract manufacturing and research services market in Europe is expected to reach a projected revenue of US$ 74,698.5 million by 2030. A compound annual growth rate of 7.2% is expected of Europe pharmaceutical contract manufacturing and research services market from 2024 to 2030.
Europe pharmaceutical contract manufacturing and research services market highlights
The Europe pharmaceutical contract manufacturing and research services market generated a revenue of USD 45,947.7 million in 2023.
The market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
In terms of segment, manufacturing was the largest revenue generating service in 2023.
Research is the most lucrative service segment registering the fastest growth during the forecast period.
Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
Market revenue in 2023
USD 45,947.7 million
Market revenue in 2030
USD 74,698.5 million
Growth rate
7.2% (CAGR from 2023 to 2030)
Largest segment
Manufacturing
Fastest growing segment
Research
Historical data covered
2018 - 2022
Base year for estimation
2023
Forecast period covered
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Manufacturing, Research
Key market players worldwide
Catalent Inc, Pharmaceutical Product Development, AbbVie Inc, Baxter International Inc, Grifols SA Ordinary Shares - Class A, Dalton Pharma Services, Boehringer Ingelheim, Lonza Group Ltd
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 173,901.2 million by 2030.
The Europe pharmaceutical contract manufacturing and research services market is expected to grow at a significant rate over the forecast period.
Some of the factors responsible for this growth are increased investments in pharmaceutical R&D, effective intellectual property regime, demographic changes, and increased risk of epidemics.
In addition, as per the European Commission, the European industry accounts for half of the pharmaceutical imports of the fast growing markets in the world.
Europe pharmaceutical contract manufacturing market
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Pharmaceutical Contract Manufacturing And Research Services Market will help companies and investors design strategic landscapes.
Manufacturing was the largest segment with a revenue share of 66.11% in 2023.
Horizon Databook has segmented the Europe pharmaceutical contract manufacturing and research services market based on manufacturing, research covering the revenue growth of each sub-segment from 2018 to 2030.
The Europe pharmaceutical contract manufacturing and research services market is expected to grow at a significant rate over the forecast period.
Some of the factors responsible for this growth are increased investments in pharmaceutical R&D, effective intellectual property regime, demographic changes, and increased risk of epidemics.
In addition, as per the European Commission, the European industry accounts for half of the pharmaceutical imports of the fast growing markets in the world.
Europe Pharmaceutical Contract Manufacturing And Research Services Market Service Outlook (Revenue, USD Million , 2018-2030)
Manufacturing
Research
Reasons to subscribe to pharmaceutical contract manufacturing market databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of pharmaceutical contract manufacturing market databook
Our clientele includes a mix of pharmaceutical contract manufacturing market companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe pharmaceutical contract manufacturing market, including forecasts for subscribers. This continent databook contains high-level insights into Europe pharmaceutical contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Pharmaceutical Contract Manufacturing And Research Services Market, 2018-2030 (US$M)