Saudi Arabia Pharmaceutical Contract Manufacturing And Research Services Market Size & Outlook
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Saudi Arabia pharmaceutical contract manufacturing and research services market highlights
- The Saudi Arabia pharmaceutical contract manufacturing and research services market generated a revenue of USD 3,552.3 million in 2023 and is expected to reach USD 4,984.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5% 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.
Pharmaceutical contract manufacturing and research services market data book summary
| Market revenue in 2023 | USD 3,552.3 million |
| Market revenue in 2030 | USD 4,984.9 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Manufacturing |
| Fastest growing segment | Research |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.5% of the global pharmaceutical contract manufacturing and research services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa pharmaceutical contract manufacturing and research services market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5,009.6 million by 2030.
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Pharmaceutical Contract Manufacturing And Research Services Market Scope
Pharmaceutical Contract Manufacturing And Research Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dalton Pharma Services | View profile | 51-100 | Toronto, Ontario, Canada, North America | https://www.dalton.com/ |
| Pharmaceutical Product Development | View profile | 10001+ | Wilmington, North Carolina, United States, North America | https://ppd.com |
| Grifols SA Ordinary Shares - Class A | View profile | 23737 | Avinguda de la Generalitat, 152, Parc de Negocis Can Sant Joan, Sant Cugat del Valles, Barcelona, Spain, 08174 | https://www.grifols.com |
| Catalent Inc | View profile | 17219 | 14 Schoolhouse Road, Somerset, NJ, United States, 08873 | https://www.catalent.com |
| Boehringer Ingelheim | View profile | 10001+ | Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe | https://www.boehringer-ingelheim.com/ |
| Lonza Group Ltd | View profile | 18000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | https://www.lonza.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
| Baxter International Inc | View profile | 60000 | One Baxter Parkway, Deerfield, IL, United States, 60015 | https://www.baxter.com |
Saudi Arabia pharmaceutical contract manufacturing and research services market outlook
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 66.29% in 2024. Horizon Databook has segmented the Saudi Arabia pharmaceutical contract manufacturing and research services market based on manufacturing, research covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is the largest pharmaceutical market in the Middle East and Africa region accounting for a market value of USD 8.2 billion in 2018 as per IQVIA.
Saudi Arabia held a 32.2% share of the MEA market in 2022, which can be attributed to the increasing number of biosimilar & biological therapies and rising investments in R&D. Saudi Arabia is implementing significant AIbased measures to enhance its technological capabilities.
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Target buyers of Saudi Arabia pharmaceutical contract manufacturing and research services market databook
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Our clientele includes a mix of pharmaceutical contract manufacturing and research services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the Saudi Arabia pharmaceutical contract manufacturing and research services market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia pharmaceutical contract manufacturing and research services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia Manufacturing - Pharmaceutical Contract Manufacturing Market, 2024 - 2030 (US$M)
Saudi Arabia Pharmaceutical Contract Manufacturing And Research Services Market Share, 2024 & 2030 (US$M)
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