Global Biopharmaceutical Contract Manufacturing Organization (CMO) & Contract Research Organization (CRO) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Source;

Mammalian Source, and Non-Mammalian Source

By Service Type;

Contract Manufacturing, Process Development, Downstream, Upstream, Fill & Finish Operations, Analytical & QC Studies, Packaging, Contract Research, Oncology, Inflammation & Immunology, Cardiology, Neuroscience, and Others

By Product;

Biologics, Antisense, and Biosimilars

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn874665509 Published Date: May, 2025 Updated Date: June, 2025

Biopharmaceutical Contract Manufacturing Organization (CMO) & Contract Research Organization (CRO) Market Overview

Biopharmaceutical Contract Manufacturing Organization (CMO) & Contract Research Organization (CRO) Market (USD Million)

Biopharmaceutical Contract Manufacturing Organization (CMO) & Contract Research Organization (CRO) Market was valued at USD 6,243.59 million in the year 2024. The size of this market is expected to increase to USD 9,531.57 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.


Global Biopharmaceutical Contract Manufacturing Organization (CMO) & Contract Research Organization (CRO) Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.2 %
Market Size (2024)USD 6,243.59 Million
Market Size (2031)USD 9,531.57 Million
Market ConcentrationMedium
Report Pages398
6,243.59
2024
9,531.57
2031

Major Players

  • Boehringer Ingelheim GmbH
  • LONZA
  • Inno Biologics Sdn Bhd
  • Rentschler Biotechnologie GmbH
  • Patheon
  • AbbVie
  • WuXi Biologics
  • Binex

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Biopharmaceutical Contract Manufacturing Organization (CMO) & Contract Research Organization (CRO) Market

Fragmented - Highly competitive market without dominant players


The Biopharmaceutical Contract Manufacturing Organization (CMO) & Contract Research Organization (CRO) Market continues to expand as pharmaceutical companies prioritize efficiency and agility through outsourcing. A notable shift is occurring, with over 60% of drug pipelines now comprising biologics, increasing reliance on external service providers.

Operational Complexity Fuels Outsourcing
With more intricate regulatory landscapes and longer drug development cycles, biopharma companies are embracing CMO and CRO partnerships to mitigate risks. Over 55% of organizations outsource aspects of manufacturing or research to meet development goals more efficiently. This approach not only ensures faster time-to-market but also offers access to global expertise and infrastructure.

Digital Innovation Enhances Capabilities
Technology adoption is reshaping contract services, especially in data-intensive areas like clinical trials. Approximately 48% of CROs now leverage AI to streamline operations and boost precision.

Mergers and Alliances Reshape Industry Landscape
To remain competitive, firms are pursuing strategic mergers and partnerships, enabling better service integration and global reach. Over 40% of companies in this space have already consolidated their operations through deals aimed at expanding their offerings and eliminating redundancies. This consolidation also fuels innovation by pooling technical resources and expertise.

Emerging Biotech Startups Create Demand
As smaller biotech firms emerge with breakthrough therapies, demand for comprehensive CMO and CRO support grows. Nearly 50% of these companies rely on contract services for end-to-end product development. The rising emphasis on biosimilars and personalized medicine signals long-term opportunity for specialized outsourcing providers capable of adapting to evolving market needs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Service Type
    3. Market Snapshot, By Product
    4. Market Snapshot, By Region
  4. Biopharmaceutical Contract Manufacturing Organization (CMO) & Contract Research Organization (CRO) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Outsourcing Trends
        2. Increasing Drug Development Costs
        3. Biopharmaceutical Pipeline Growth
        4. Demand for Specialized Expertise
      2. Restraints
        1. Quality Control Challenges
        2. Intellectual Property Concerns
        3. Capacity Constraints
        4. Regulatory Compliance Burden
      3. Opportunities
        1. Emerging Biopharmaceutical Markets
        2. Technological Advancements
        3. Personalized Medicine Trends
        4. Strategic Partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Biopharmaceutical Contract Manufacturing Organization (CMO) & Contract Research Organization (CRO) Market, By Source, 2021 - 2031 (USD Million)
      1. Mammalian Source
      2. Non-Mammalian Source
    2. Biopharmaceutical Contract Manufacturing Organization (CMO) & Contract Research Organization (CRO) Market, By Service Type, 2021 - 2031 (USD Million)
      1. Contract Manufacturing
      2. Process Development
      3. Downstream
      4. Upstream
      5. Fill & Finish Operations
      6. Analytical & QC Studies
      7. Packaging
      8. Contract Research
      9. Oncology
      10. Inflammation & Immunology
      11. Cardiology
      12. Neuroscience
      13. Others
    3. Biopharmaceutical Contract Manufacturing Organization (CMO) & Contract Research Organization (CRO) Market, By Product, 2021 - 2031 (USD Million)
      1. Biologics
      2. Antisense
      3. Biosimilars
    4. Biopharmaceutical Contract Manufacturing Organization (CMO) & Contract Research Organization (CRO) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Boehringer Ingelheim GmbH
      2. LONZA
      3. Inno Biologics Sdn Bhd
      4. Rentschler Biotechnologie GmbH
      5. Patheon
      6. AbbVie
      7. WuXi Biologics
      8. Binex
  7. Analyst Views
  8. Future Outlook of the Market