Uae Pharmaceutical Contract Manufacturing And Research Services Market
Uae Pharmaceutical Contract Manufacturing And Research Services Market, 2018-2030 (US$M)
Global Market
Related Markets
UAE pharmaceutical contract manufacturing and research services market highlights
- The UAE pharmaceutical contract manufacturing and research services market generated a revenue of USD 2,050.7 million in 2023 and is expected to reach USD 2,859.2 million by 2030.
- The UAE market is expected to grow at a CAGR of 4.9% 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 2,050.7 million |
| Market revenue in 2030 | USD 2,859.2 million |
| Growth rate | 4.9% (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, UAE accounted for 0.8% 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.
The pharmaceutical contract manufacturing and research services market is growing in the country due to factors such as a supportive regulatory environment, infrastructure, and facilities provided by the country, and skilled workforce, and growing year-on-year investments in R&D in the UAE.
For example, in Abu Dhabi, the government has invested USD 1.09 billion in funds to boost R&D in 2020.
The country also has a decent healthcare structure and attractive tax benefits, which is expected to boost the market in the coming years.
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Publish Date: Jul 03, 2024
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Pharmaceutical Contract Manufacturing Market
Pharmaceutical Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Baxter International Inc | View profile | 60,000 | One Baxter Parkway, Deerfield, IL, United States, 60015 | www.baxter.com |
| AbbVie Inc | View profile | 50,000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | www.abbvieinvestor.com |
| Lonza Group Ltd | View profile | 18,000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | www.lonza.com |
| Boehringer Ingelheim | View profile | 10001+ | Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe | www.boehringer-ingelheim.com/ |
| Catalent Inc | View profile | 17,219 | 14 Schoolhouse Road, Somerset, NJ, United States, 08873 | www.catalent.com |
| Grifols SA Ordinary Shares - Class A | View profile | 23,737 | Avinguda de la Generalitat, 152, Parc de Negocis Can Sant Joan, Sant Cugat del Valles, Barcelona, Spain, 08174 | www.grifols.com |
| Pharmaceutical Product Development | View profile | 10001+ | Wilmington, North Carolina, United States, North America | ppd.com |
| Dalton Pharma Services | View profile | 51-100 | Toronto, Ontario, Canada, North America | www.dalton.com/ |
UAE 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 66.19% in 2023.
Horizon Databook has segmented the Uae pharmaceutical contract manufacturing and research services market based on manufacturing, research covering the revenue growth of each sub-segment from 2018 to 2030.
The pharmaceutical contract manufacturing and research services market is growing in the country due to factors such as a supportive regulatory environment, infrastructure, and facilities provided by the country, and skilled workforce, and growing year-on-year investments in R&D in the UAE.
For example, in Abu Dhabi, the government has invested USD 1.09 billion in funds to boost R&D in 2020.
The country also has a decent healthcare structure and attractive tax benefits, which is expected to boost the market in the coming years.
- Uae Pharmaceutical Contract Manufacturing And Research Services Market Service Outlook (Revenue, USD Million , 2018-2030)
- Manufacturing
- Research
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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.
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE pharmaceutical contract manufacturing market, including forecasts for subscribers. This country databook contains high-level insights into UAE pharmaceutical contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Uae Pharmaceutical Contract Manufacturing And Research Services Market, 2018-2030 (US$M)
UAE pharmaceutical contract manufacturing market statistics, by service, 2018-2030 (US$M)
