The Biotechnology And Pharmaceutical Services Outsourcing Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Biotechnology And Pharmaceutical Services Outsourcing Market?
The market size for the biotechnology and pharmaceutical services outsourcing has recently seen significant growth. The market is projected to increase from $66.87 billion in 2024 to $71.87 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.5%. The historical growth trend for the Biotechnology And Pharmaceutical Services Outsourcing Global Market Report 2025 has been positive.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Biotechnology And Pharmaceutical Services Outsourcing Industry?
The Biotechnology And Pharmaceutical Services Outsourcing Global Market is projected to reach a value of $94.91 billion in 2029, with a compound annual growth rate (CAGR) of 7.2%.
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What are the Key Growth Drivers Fueling the Biotechnology And Pharmaceutical Services Outsourcing Market?
The key drivers in the biotechnology and pharmaceutical services outsourcing market are:
• Intensifying activity in clinical research
• Growing burden of chronic diseases necessitating new therapies
• Access to expertise and advanced infrastructures through outsourcing
• Efficacious, cost-effective and compliant execution of trials through outsourcing
Global Market Segmentation: Identifying Major Biotechnology And Pharmaceutical Services Outsourcing Industry Segments
The biotechnology and pharmaceutical services outsourcing market covered in this report is segmented –
1) By Service: Consulting, Regulatory Affairs, Product Design And Development, Auditing And Assessment, Product Maintenance, Training And Education, Other Services
2) By Application: Oncology, Neurology, Cardiovascular, Infectious Diseases
3) By End-Use: Pharma, Biotech
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What are the Emerging Trends Shaping the Future of the Biotechnology And Pharmaceutical Services Outsourcing Market?
The key trends in the biotechnology and pharmaceutical services outsourcing market are:
• The development of cloud-based platforms to support real-time collaboration and remote access is an emerging trend.
• The advancement of tools for improving non-clinical research like toxicology studies is shaping the future.
• The implementation of self-service features for study monitoring, data analysis and document retrieval is a growing trend.
• The introduction of tools such as quoting features for more accurate budget planning is emerging in the industry.
Who Are the Top Competitors & Leading Players in the Biotechnology And Pharmaceutical Services Outsourcing Market?
Major players in the biotechnology and pharmaceutical services outsourcing market are:
• Thermo Fisher Scientific Inc.
• Boehringer Ingelheim
• LabCorp Holdings
• IQVIA Inc.
• ICON plc.
• Eurofins Scientific SE
• Lonza Group Ltd.
• Syneos Health
• Catalent Inc.
• Charles River Laboratories
• Samsung Biologics Co. Ltd.
• WuXi Biologics
• Recipharm AB
• Medpace Holdings Inc.
• Curia Inc.
• CordenPharma Corp.
• Parexel International Ltd.
• Lachman Consultants
• Concept Heidelberg GmbH
• The Quantic Group Ltd.
Regional Dominance: Which Area Leads the Global Biotechnology And Pharmaceutical Services Outsourcing Market?
North America was the largest region in the biotechnology and pharmaceutical services outsourcing market in 2024
