The global CMO/CDMO market is set to experience robust growth, with projections indicating a market size of USD 39.4 billion by 2033. This marks a substantial increase from USD 22.5 billion in 2023, reflecting a Compound Annual Growth Rate (CAGR) of 5.7% over the next decade. A recent industry analysis highlights that the growth trajectory …
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FMI Poised to Lead in Expanding Global CMO/CDMO Market with Projected Growth to USD 39.4 Billion by 2033
The global CMO/CDMO market is set for a period of robust growth, with market size expected to reach USD 39.4 billion by 2033. This marks a significant leap from USD 22.5 billion in 2023, demonstrating a Compound Annual Growth Rate (CAGR) of 5.7% over the next decade. A recent industry analysis reveals that this growth …
Global CMO/CDMO Market Set to Surge to USD 39.4 Billion by 2033, Driven by Outsourcing Trends
The global CMO/CDMO market is on the brink of significant expansion, with projections estimating a rise to USD 39.4 billion by 2033. This marks a substantial increase from the estimated market size of USD 22.5 billion in 2023, reflecting a robust Compound Annual Growth Rate (CAGR) of 5.7% over the next decade. Recent industry analysis …
Global CMO/CDMO Market Set to Soar to USD 39.4 Billion by 2033
The global CMO/CDMO market is on the brink of a remarkable expansion, with its projected valuation set to reach an impressive USD 39.4 billion by 2033. This forecast, based on a recent industry analysis, highlights a significant leap from the estimated USD 22.5 billion market size in 2023, translating to a robust Compound Annual Growth …
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FMI Poised to Lead the Charge in Booming CMO/CDMO Market Projected to Reach US$ 39.4 Billion by 2033
The global CMO/CDMO market is on track for significant growth, with a projected valuation of US$ 39.4 billion by 2033, according to a recent industry forecast. This represents a remarkable surge from the estimated US$ 22.5 billion market size in 2023, reflecting a compelling Compound Annual Growth Rate (CAGR) of 5.7% over the next decade. …
Global CMO/CDMO Market to Witness Rapid Growth is expected to reach US$ 39.4 Billion by 2033 | FMI
The global CMO/CDMO market, estimated at a valuation of US$ 22.5 billion in 2023, is anticipated to experience a significant surge, reaching an impressive US$ 39.4 billion by 2033. This growth trajectory signifies a compelling Compound Annual Growth Rate (CAGR) of 5.7% from 2023 to 2033, as projected by industry analysts. The pharmaceutical sector is …
Global Market for CMO/CDMO is likely to rise at a 5.7% CAGR from 2023 to 2033, reaching US$ 39.4 Billion: FMI Report
The global CMO/CDMO Market is anticipated to expand significantly, registering a CAGR of 5.7% from 2023 to 2033. In 2023, the global CMO/CDMO market is expected to be worth US$ 22.5 billion. By 2033, the market is expected to be worth US$ 39.4 billion. As more pharmaceutical companies consider outsourcing their operations, demand for services …
CMO/CDMO Market Is Projected to Grow at A CAGR Of 6% During the Forecast Period 2020-2030
An increasing number of companies within the pharmaceutical sector have been considering contract manufacturing in response to the increasing demand for generic drugs and biologics. In a new study, Future Market Insights (FMI) has forecast the global contract manufacturing/ contract development and manufacturing organization (CMO/ CDMO) market to surpass US$ 18 Bn by 2020. According to the …