Small Molecule Innovator API CDMO Market Outlook, 2026-2033 - Lonza Group, Novo Holdings (Catalent) and Thermo Fisher Scientific Lead the Growing Industry
View original at finance.yahoo.comSmall Molecule Innovator API CDMO Market Outlook, 2026-2033 - Lonza Group, Novo Holdings (Catalent) and Thermo Fisher Scientific Lead the Growing Industry Company Logo With a focus on specialty medicines, growth is driven by pharmaceutical needs for cost-effective, efficient production and regulatory compliance via CDM…
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By February 2024, the global tally of registered clinical trials on ClinicalTrials.gov reached 483,592, marking a significant rise from the over 365,000 reported in early 2021. Of these, 66,206 trials are actively recruiting
60% confidenceMarket expansion is fueled by a growing demand for small molecule drugs, an increase in outsourcing trends among pharmaceutical companies, and a surge in clinical trials
60% confidenceOnly 11% of APIs are based in the U.S., with most sourced internationally
60% confidenceSmall molecule applications constitute over half of specialty sales
60% confidenceThe global small molecule innovator API CDMO market is projected to expand significantly, with an estimated size of USD 26.66 billion in 2025, expected to reach USD 43.75 billion by 2033, growing at a CAGR of 6.55% from 2026 to 2033
60% confidence
Data points we hold from this source
| U.S. Food and Drug Administration · drug approvals | 46 novel_drugs |
| U.S. Food and Drug Administration · drug approvals | 50 novel_drugs |
