Biopharmaceutical CMO and CRO Market is estimated to be valued at USD 40.6 Bn in 2025 and is expected to reach USD 60.65 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 5.9% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 40.6 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
5.90%
2032 Value Projection:
USD 60.65 Bn
Biopharmaceutical CMO (Contract Manufacturing Organization) is a company that serves other companies in the biopharmaceutical sector on a contract basis to offer services ranging from drug manufacturing services to packaging. While, Contract Research Organization (CRO) is a company that provides support to biopharmaceutical companies in the form of research services outsourced on a contract basis.
Market Dynamics:
Rise in burden of chronic diseases, increasing drug discovery and development, increasing demand for biologics and biosimilars, growing trend of outsourcing, increasing investment in research and development and the rapid growth of the biopharmaceutical industry are major factors expected to augment the growth of the global biopharmaceutical CMO and CRO market.
For instance, in February 2023, Lunaphore and Sirona Dx announced a strategic collaboration in which Sirona Dx will become the first US-based Contract Research Organization (CRO) to offer Lunaphore's flagship COMET spatial biology platform as a service. A COMET will complement Sirona Dx's portfolio of research service offerings to meet the needs of researchers and biopharma teams across various disciplines. COMET has a wide range of research applications across multiple disciplines and all stages of research and drug development.
Key features of the study:
This report provides in-depth analysis of the global biopharmaceutical CMO and CRO market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global biopharmaceutical CMO and CRO market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include AlcheraBio, Alcami, Akos Urgent Care, Agilent, AGC Biologics, Affinity Life Sciences, Inc., Actimus Bio, ACI Clinical, Accumedix, Inc., Allphase Clinical Research, Absorption Systems, A10 Clinical Solutions, Albuquerque Clinical Trials (ACT), Ajinomoto Bio-Pharma Services, Advanced Clinical Services LLC, ACM Global Laboratories, Accelerated Enrollment Solutions, AbbVie Contract Manufacturing, Advanced BioScience Laboratories, Advanced Clinical Research Institute, and Alliance for Clinical Trials in Oncology, among others.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global biopharmaceutical CMO and CRO market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global biopharmaceutical CMO and CRO market.
Detailed Segmentation:
Global Biopharmaceutical CMO and CRO Market, By Source:
Mammalian
Non-mammalian
Global Biopharmaceutical CMO and CRO Market, By Service:
Contract Manufacturing
Contract Research
Global Biopharmaceutical CMO and CRO Market, By Product:
Biologics
Biosimilars
Global Biopharmaceutical CMO and CRO Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Company Profiles:
Allphase Clinical Research
AlcheraBio
Alcami
Akos Urgent Care
Agilent
AGC Biologics
Affinity Life Sciences, Inc.
Actimus Bio
ACI Clinical
Accumedix, Inc.
Absorption Systems
A10 Clinical Solutions
Albuquerque Clinical Trials (ACT)
Ajinomoto Bio-Pharma Services
Advanced Clinical Services LLC
ACM Global Laboratories
Accelerated Enrollment Solutions
AbbVie Contract Manufacturing
Advanced BioScience Laboratories
Advanced Clinical Research Institute
Alliance for Clinical Trials in Oncology
Table of Contents:
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Source
Market Snapshot, By Service
Market Snapshot, By Product
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Growing trend of outsourcing across the globe
Stringent regulatory framework
Rapid growth of the biopharmaceutical industry
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
4. Global Biopharmaceutical CMO and CRO Market, By Source, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Mammalian
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Non-mammalian
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
5. Global Biopharmaceutical CMO and CRO Market, By Service, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Contract Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Contract Research
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
6. Global Biopharmaceutical CMO and CRO Market, By Product, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Biologics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Biosimilars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
7. Global Biopharmaceutical CMO and CRO Market, By Region, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Source, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Service, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Source, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Service, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Source, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Service, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Source, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Service, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Source, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Service, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Source, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Service, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Bn)