Exclusive Report: Pharmaceutical Contract Development Market to Reach $258.3 billion by 2028 – Insights by MarketsandMarkets™
The Global Pharmaceutical Contract Development Market in terms of revenue was estimated to be worth $176.5 billion in 2023 and is poised to reach $258.3 billion by 2028, growing at a CAGR of 7.9% from 2023 to 2028. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference...
Pharmaceutical Contract Development Global Industry Analysis and Forecast (2023-2028) by Type, Modality, Technology, Application, End User, and Region
The Global Pharmaceutical Contract Development Market is estimated to reach USD 258.3 billion by 2028 from USD 176.5 billion in 2023, at a CAGR of 7.9% during the forecast period. The growth of this market is mainly driven by the increased adoption of outsourcing drug development & manufacturing by pharma companies. Furthermore, the escalating cost of in-house drug development and increased...