Top Growth Trends in the Advanced Therapeutics Pharmaceutical Outsourcing Market: Insights into Market Size and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What External and Internal Drivers Are Contributing to the Growth of theAdvanced Therapeutics Pharmaceutical Outsourcing Market?
The growth of the advanced therapeutics pharmaceutical outsourcing market is anticipated to be fueled by the rising adoption of cell and gene therapies. These innovative medical interventions use living cells or genetic matter to cure or treat diseases. Pharmaceutical outsourcing in advanced therapeutics is employed in cell and gene therapies to grant access to experienced personnel and providers with an established track record, saving firms time and resources in team development. For instance, as reported by the UK based scientific journal, Nature in November 2023, the number of patients treated with gene therapies is expected to surge from 16,244 in 2020 to 94,696 in 2025. Consequently, the escalating adoption of cell and gene therapies is catalyzing the expansion of the advanced therapeutics pharmaceutical outsourcing market.
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What is the Predicted Annual Growth Rate of theAdvanced Therapeutics Pharmaceutical Outsourcing Market Impact Industry Trends by 2034?
In recent times, the size of the advanced therapeutics pharmaceutical outsourcing market has seen steady growth. The market, which stood at $8.07 billion in 2024, is projected to expand to $8.43 billion in 2025 at a compound annual growth rate (CAGR) of 4.5%. The growth observed in the historic period could be credited to developments in biopharmaceutical infrastructure, regulatory conformity, rising demand for innovative drugs to confront chronic and severe diseases, enhanced efficiency, and increasing demand for personalized medicine.
Expectations are high for robust expansion in the advanced therapeutics pharmaceutical outsourcing market in the coming years, with the anticipated valuation reaching $10.27 billion in 2029, demonstrating a compound annual growth rate (CAGR) of 5.1%. Factors that might contribute to the projected growth during the forecast period include an uptick in the application of cell and gene therapies, increased emphasis on mRNA therapies, surging demand for groundbreaking treatments, enhanced efficiency along with cost-friendly solutions offered by outsourcing counterparties, and synergistic innovations. Technological progress, heightened proficiency in advanced therapeutics, a mounting pipeline of novel therapies, the fusion of state-of-the-art technology, swift progress in gene therapy, cell therapy, and mRNA technologies are seen as major trends within the forecast period.
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Which Upcoming Market Trends and Innovations Are Set to Influence theAdvanced Therapeutics Pharmaceutical Outsourcing Market’s Path Forward?
Leading firms in the advanced therapeutics pharmaceutical outsourcing market are leveraging strategic alliances to deliver dependable services to their clients. This kind of partnership entails two or more entities, often businesses, working together to realize mutual benefits that would have been unattainable individually. For instance, in January 2023, the Switzerland-based pharmaceutical, biotechnology, and nutrition manufacturing company, Lonza, formed an alliance with Context Therapeutics Inc., a biopharmaceutical firm from the US, which specializes in developing remedies for solid tumors. This strategic alliance consists of Lonza offering manufacturability evaluation, gene and cell line construction, and process creation for both the drug substance and drug product.
Who Are the Dominant Market Players Pushing the Boundaries of theAdvanced Therapeutics Pharmaceutical Outsourcing Market?
Major companies operating in the advanced therapeutics pharmaceutical outsourcing market report are Thermo Fisher Scientific Inc., Laboratory Corporation of America Holdings, IQVIA, ICON plc, SGS SA, Lonza Group, Parexel International Corporation, WuXi AppTec, Syneos Health, Catalent Inc., Charles River Laboratories International, Recipharm AB, Croda International Plc, Samsung Biologics, Vetter Pharma International GmbH, Medpace Holdings Inc., Fujifilm Diosynth Biotechnologies, Marken, AGC Biologics, Evotec SE, ProPharma Group, Piramal Pharma Solutions, Corden Pharma International LLC, Novotech Pty Ltd., Cryoport Systems Inc., Cytovance Biologics
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What Are the Core Segments of the Advanced Therapeutics Pharmaceutical Outsourcing Market, and How Do They Contribute to Growth?
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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What Regions Are Dominating the Advanced Therapeutics Pharmaceutical Outsourcing Market Growth?
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.
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