Top Trends Driving Innovation and Change in the Advanced Therapeutics Pharmaceutical Outsourcing Market: Strategic Partnerships In Advanced Therapeutics Pharmaceutical Outsourcing
Discover trends, market shifts, and competitive outlooks for the advanced therapeutics pharmaceutical outsourcing industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What Are the Projected Market Size and Growth Rates for the Advanced Therapeutics Pharmaceutical Outsourcing Market From 2025 To 2029?
The market size for advanced therapeutics pharmaceutical outsourcing has seen consistent growth over the past few years. Expected to rise from $8.07 billion in 2024 to $8.43 billion in 2025, it will maintain a compound annual growth rate (CAGR) of 4.5%. Factors contributing to this growth during the historic period include the expansion of the biopharmaceutical infrastructure, adherence to regulatory compliance, a rising demand for innovative drugs to treat chronic and severe diseases, enhanced efficiency, and increasing demand for personalized medicine.
Anticipations reveal a robust upsurge in the advanced therapeutics pharmaceutical outsourcing market in the upcoming years, with the market value predicted to reach $10.27 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.1%. This growth during the forecast period can be credited to the rising utilization of cell and gene therapies, an amplified concentration on mRNA therapies, increased demand for state-of-the-art treatments, superior efficiency, and economical solutions rendered by outsourcing associates, coupled with collaborative creativity. Major trends to be witnessed during the forecast duration encompass technological progression, growing proficiency in advanced therapeutics, a mounting pipeline of creative therapies, the incorporation of groundbreaking technology, as well as swift breakthroughs in gene therapy, cell therapy, and mRNA technologies.
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What External and Internal Drivers Are Contributing to the Growth of the Advanced Therapeutics Pharmaceutical Outsourcing Market?
The growth of the advanced therapeutics pharmaceutical outsourcing market is expected to surge due to the rising adoption of cell and gene therapies. These innovative approaches, which utilize living cells or genetic material, are used for the treatment or curative processes for various diseases. Cell and gene therapies utilize the advanced therapeutics pharmaceutical outsourcing as it provides access to experienced providers with proven track records, thus saving the time and resources of the companies in team building. A report published in the UK-based scientific journal Nature in November 2023 predicts an upsurge in the number of new patients availing gene therapies, from 16,244 in 2020 to 94,696 in 2025. Hence, the increasing usage of cell and gene therapies is fueling the growth of the advanced therapeutics pharmaceutical outsourcing market.
What Segment Types Define the Advanced Therapeutics Pharmaceutical Outsourcing Market Structure?
The advanced therapeutics pharmaceutical outsourcing market covered in this report is segmented –
1) By Service Type: Contract Research Organizations (CROs), Contract Development And Manufacturing Organizations (CDMOs)
2) By Indication: Oncology, Neurology, Cardiology, Infectious Diseases, Other Indications
3) By Therapy: Cell Therapy, Gene Therapy, RNA-based Therapies
4) By Application: Preclinical Services, Clinical Services, Commercial Manufacturing And Packaging
Subsegments:
1) By Contract Research Organizations (CROs): Preclinical Research Services, Clinical Trial Management Services, Regulatory Affairs Services, Data Management And Biostatistics
2) By Contract Development And Manufacturing Organizations (CDMOs): Drug Development Services, Formulation Development, Analytical Testing Services, Commercial Manufacturing Services
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Which Geographic Areas Hold the Strongest Growth Potential in the Advanced Therapeutics Pharmaceutical Outsourcing Market?
North America was the largest region in the advanced therapeutics pharmaceutical outsourcing market in 2024. The regions covered in the advanced therapeutics pharmaceutical outsourcing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Long-Term Trends Are Transforming the Competitive Landscape of the Advanced Therapeutics Pharmaceutical Outsourcing Market?
Leading firms involved in the advanced therapeutics pharmaceutical outsourcing market are pursuing strategic partnerships in their bid to offer dependable services to their clientele. A strategic partnership includes a cooperative agreement established between two or more entities, usually companies, with the aim of realizing reciprocal benefits which would be unattainable individually. For example, in the first month of 2023, Lonza, a Switzerland-based enterprises specializing in manufacturing for the pharmaceutical, biotech, and nutrition industries, forged an alliance with Context Therapeutics Inc., a U.S. biopharmaceutical enterprise committed to developing solid tumor treatments. This alliance sees Lonza offering manufacturing feasibility studies, gene and cell line construction, and drug substance and drug product process development.
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What Is the Definition of the Advanced Therapeutics Pharmaceutical Outsourcing Market?
Advanced Therapeutic Pharmaceutical Outsourcing refers to contracting out specialized pharmaceutical services related to advanced therapeutic products. These products often include advanced therapies such as cell and gene therapies, personalized medicines, biologics, and other novel treatments. They are used to obtain specialized expertise and capabilities in producing, testing, and developing advanced therapeutic products.
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