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Biotechnology & Pharmaceutical Services Outsourcing Market Growth, Trends, Industry Statistics 2022-2030

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The global Biotechnology & Pharmaceutical Services Outsourcing market size is expected to be worth around US$ 105.4 billion by 2030, according to a new report by Vision Research Reports.

The global Biotechnology & Pharmaceutical Services Outsourcing market size was valued at US$ 63.1 billion in 2020 and is anticipated to grow at a CAGR of 6.8% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 5.78 billion by 2030
Growth Rate CAGR of 6.1% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Service, End-use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned The Quantic Group; IQVIA; Parexel International Corporation; Lachman Consultant Services, Inc.; GMP Pharmaceuticals Pty Ltd.; Concept Heidelberg GmbH; Covance, Inc.; Charles River Laboratories; PRA Health Sciences; ICON plc

Growth Factors

Rising pricing pressure, lack of internal capabilities, low-cost service offerings by CROs and CMOs, and access to industry experts are expected to drive the market over the forecast period. In addition, rising drug development costs, higher failure rates, and growing regulatory pressure have a significant impact on market dynamics, accelerating the growth rate. Furthermore, well-established Clinical Research Organizations (CROs), regulatory outsourcing firms, management consulting firms, and contract manufacturers are catering to the complex demand of the pharmaceutical and biotechnological sectors.

An increasing number of end-to-end service providers to meet the rising demand for low-cost drug development and manufacturing is further anticipated to propel the growth of the market. Moreover, novel drug delivery mechanisms and new product launches are anticipated to drive the outsourcing demand.

By Service Analysis

Consulting services held the largest revenue share of over 16.0% in 2020. This can be attributed to the increasing M&A activities and constantly changing regulatory protocols.

The pharma and biotech market has witnessed the continuous entry of new players such as Signa Medical Writing; bioSyntagma; and Fieve Clinical Research, Inc. These players need to be compliant with set standards and norms, for which consulting is essential as these new entrants lack in such capabilities.

The other services segment is expected to expand at the highest CAGR over the forecast period owing to rising outsourcing of generics and biosimilar manufacturing as CMOs are offering services at a lower cost. The others segment is inclusive of contract manufacturing, product upgrade, and IT consulting.

By End-use Analysis

The pharma segment held the largest revenue share of over 55.0% in 2020 and is expected to maintain its lead throughout the forecast period. The segment is also expected to witness the fastest growth over the forecast period.

Lack of resources has prompted many pharmaceutical companies to outsource drug development and manufacturing of their products to CROs and CMOS. The CROs and CMOs offer highly sophisticated development and manufacturing services, such as preclinical development, clinical development, commercial manufacturing, clinical manufacturing.

By Regional Analysis

North America dominated the market with a revenue share of over 51.0% in 2020 owing to the presence of several established CROs and CMOs such as Covance Inc.; IQVIA; Catalent; and Samsung Biologics and growing R&D investments by life sciences and pharmaceutical companies in the region.

Asia Pacific is anticipated to witness the highest growth over the forecast period. Low cost of drug development and manufacturing and availability of skilled workforce is likely to foster contract development and manufacturing in this region.

Key Players

  • The Quantic Group
  • IQVIA
  • Parexel International Corporation
  • Lachman Consultant Services, Inc.
  • GMP Pharmaceuticals Pty Ltd.
  • Concept Heidelberg GmbH
  • Covance Inc.
  • Charles River Laboratories
  • PRA Health Sciences
  • ICON plc

Market Segmentation

  • By Service
    • Consulting
      • Regulatory Compliance
      • Remediation
      • Quality Management Systems Consulting
      • Others
    • Auditing and Assessment
    • Regulatory Affairs
      • Clinical Trial Applications & Product Registration
      • Regulatory Writing & Publishing
      • Legal Representation
      • Others
    • Product Maintenance
    • Product Design & Development
    • Product Testing & Validation
    • Training & Education
    • Others
  • By End-use
    • Pharma
    • Biotech
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
    • Asia Pacific
      • India
      • China
      • Japan
      • Australia
      • South Korea
    • Latin America
      • Brazil
      • Mexico
      • Argentina
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and End-use Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Biotechnology & Pharmaceutical Services Outsourcing Market, By Service

7.1.  Biotechnology & Pharmaceutical Services Outsourcing Market, by Service, 2021-2030

7.1.1.    Consulting

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Auditing and Assessment

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Regulatory Affairs

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Product Maintenance

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Product Design & Development

7.1.5.1.        Market Revenue and Forecast (2017-2030)

7.1.6.    Product Testing & Validation

7.1.6.1.        Market Revenue and Forecast (2017-2030)

7.1.7.    Training & Education

7.1.7.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Biotechnology & Pharmaceutical Services Outsourcing Market, By End-use

8.1.  Biotechnology & Pharmaceutical Services Outsourcing Market, by End-use, 2021-2030

8.1.1.    Pharma

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Biotech

8.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Biotechnology & Pharmaceutical Services Outsourcing Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Service (2017-2030)

9.1.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Service (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Service (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Service (2017-2030)

9.2.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Service (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Service (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Service (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Service (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Service (2017-2030)

9.3.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Service (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Service (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Service (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Service (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Service (2017-2030)

9.4.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Service (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Service (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Service (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Service (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Service (2017-2030)

9.5.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Service (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Service (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

Chapter 10.  Company Profiles

10.1.              The Quantic Group

10.1.1.  Company Overview

10.1.2.  Service Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              IQVIA

10.2.1.  Company Overview

10.2.2.  Service Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Parexel International Corporation

10.3.1.  Company Overview

10.3.2.  Service Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Lachman Consultant Services, Inc.

10.4.1.  Company Overview

10.4.2.  Service Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              GMP Pharmaceuticals Pty Ltd.

10.5.1.  Company Overview

10.5.2.  Service Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Concept Heidelberg GmbH

10.6.1.  Company Overview

10.6.2.  Service Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Covance Inc.

10.7.1.  Company Overview

10.7.2.  Service Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Richard Wolf GmbH

10.8.1.  Company Overview

10.8.2.  Service Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Charles River Laboratories

10.9.1.  Company Overview

10.9.2.  Service Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           PRA Health Sciences

10.10.1.               Company Overview

10.10.2.               Service Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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